KINGS CO AS

3530 RØYSE

Finances

Share Ownership

Return on Equity

−5,84 %

Current Ratio

1,69

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	904 000	453 000	564 000	540 000
Net Income	−35 000	−138 000	−117 000	−103 000
Total Assets	1 079 000	973 000	1 103 000	958 000
Total Equity	599 000	634 000	654 000	654 000

Income (NOK)	2022	2021	2020	2019
Revenue	904 000	453 000	564 000	540 000
Expenditure	937 000	617 000	700 000	661 000
Operating Profit	−32 000	−163 000	−135 000	−120 000
Financial Income	0	0	0	0
Financial Costs	13 000	13 000	14 000	13 000
Financial Balance	−13 000	−13 000	−14 000	−13 000
Earnings Before Tax	−45 000	−177 000	−149 000	−133 000
Tax	−10 000	−39 000	−32 000	−29 000
Net Income	−35 000	−138 000	−117 000	−103 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	307 000	392 000	490 000	325 000
Total Current Assets	772 000	582 000	613 000	633 000
Total Assets	1 079 000	973 000	1 103 000	958 000
Total Retained Equity	−355 000	−320 000	−182 000	−65 000
Total Equity	599 000	634 000	654 000	654 000
Total Long-Term Debt	24 000	34 000	223 000	139 000
Total Current Debt	456 000	306 000	226 000	165 000
Total Equity and Debt	1 079 000	973 000	1 103 000	958 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	819 000	453 000	564 000	540 000
Other Income	85 000	0	0	0
Revenue	904 000	453 000	564 000	540 000
Cost of Goods Sold	596 000	320 000	350 000	373 000
Salary Costs	0	0	1 000	1 000
Depreciation	85 000	99 000	97 000	73 000
Impairment	0	0	0	0
Expenditure	937 000	617 000	700 000	661 000
Operating Profit	−32 000	−163 000	−135 000	−120 000
Financial Income	0	0	0	0
Financial Costs	13 000	13 000	14 000	13 000
Financial Balance	−13 000	−13 000	−14 000	−13 000
Dividends	0	0	0	0
Net Income	−35 000	−138 000	−117 000	−103 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	307 000	392 000	490 000	325 000
Total Tangible Assets	307 000	392 000	490 000	325 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	307 000	392 000	490 000	325 000
Stock	189 000	108 000	112 000	167 000
Total Investments	0	0	0	0
Cash, Bank	171 000	135 000	90 000	99 000
Total Current Assets	772 000	582 000	613 000	633 000
Total Assets	1 079 000	973 000	1 103 000	958 000
Total Equity	599 000	634 000	654 000	654 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	24 000	34 000	223 000	139 000
Creditors	36 000	11 000	16 000	21 000
Unpaid Taxes	159 000	72 000	2 000	17 000
Dividends	0	0	0	0
Other Current Debt	262 000	222 000	208 000	127 000
Total Current Debt	456 000	306 000	226 000	165 000
Total Equity and Debt	1 079 000	973 000	1 103 000	958 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,84 %	−21,77 %	−17,89 %	−15,75 %
Debt-to-Equity Ratio	0,04	0,05	0,34	0,21
Operating Profit Margin	−3,54 %	−35,98 %	−23,94 %	−22,22 %
Current Ratio	1,69	1,9	2,71	3,84
Quick Ratio	2,89	2,94	5,38	−316,5
Equity Ratio	0,56	0,65	0,59	0,68
Gross Profit Margin	34,07 %	29,36 %	37,94 %	30,93 %