KINGSRENT AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

24,12 %

Current Ratio

0,09

Debt-to-Equity Ratio

11,02

Key figures (NOK)	2022	2021	2020
Revenue	861 000	731 000	212 000
Net Income	48 000	63 000	−12 000
Total Assets	2 812 000	3 490 000	2 793 000
Total Equity	199 000	152 000	89 000

Income (NOK)	2022	2021	2020
Revenue	861 000	731 000	212 000
Expenditure	693 000	580 000	190 000
Operating Profit	168 000	151 000	22 000
Financial Income	0	0	0
Financial Costs	106 000	76 000	34 000
Financial Balance	−106 000	−76 000	−34 000
Earnings Before Tax	62 000	75 000	−12 000
Tax	14 000	13 000	0
Net Income	48 000	63 000	−12 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 776 000	2 765 000	2 519 000
Total Current Assets	36 000	725 000	274 000
Total Assets	2 812 000	3 490 000	2 793 000
Total Retained Equity	98 000	50 000	−12 000
Total Equity	199 000	152 000	89 000
Total Long-Term Debt	2 193 000	2 430 000	1 740 000
Total Current Debt	419 000	909 000	964 000
Total Equity and Debt	2 812 000	3 490 000	2 793 000

Cash flow (NOK)	2022	2021	2020
Sales Income	4 000	1 000	0
Other Income	856 000	730 000	212 000
Revenue	861 000	731 000	212 000
Cost of Goods Sold	0	0	0
Salary Costs	0	0	0
Depreciation	0	0	81 000
Impairment	0	0	0
Expenditure	693 000	580 000	190 000
Operating Profit	168 000	151 000	22 000
Financial Income	0	0	0
Financial Costs	106 000	76 000	34 000
Financial Balance	−106 000	−76 000	−34 000
Dividends	0	0	0
Net Income	48 000	63 000	−12 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	28 000	28 000	28 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	2 748 000	2 737 000	2 491 000
Total Tangible Assets	2 748 000	2 737 000	2 491 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 776 000	2 765 000	2 519 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	0	8 000	89 000
Total Current Assets	36 000	725 000	274 000
Total Assets	2 812 000	3 490 000	2 793 000
Total Equity	199 000	152 000	89 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	2 193 000	2 430 000	1 740 000
Creditors	56 000	836 000	950 000
Unpaid Taxes	18 000	17 000	0
Dividends	0	0	0
Other Current Debt	0	56 000	14 000
Total Current Debt	419 000	909 000	964 000
Total Equity and Debt	2 812 000	3 490 000	2 793 000

Financial indicators	2022	2021	2020
Return on Equity	24,12 %	41,45 %	−13,48 %
Debt-to-Equity Ratio	11,02	15,99	19,55
Operating Profit Margin	19,51 %	20,66 %	10,38 %
Current Ratio	0,09	0,8	0,28
Quick Ratio	0,09	0,8	0,28
Equity Ratio	0,07	0,04	0,03
Gross Profit Margin	100 %	100 %	100 %