KING CITY AS

1337 SANDVIKA

Finances

Share Ownership

Return on Equity

1,1 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	548 000	4 285 000	7 865 000	8 581 000
Net Income	162 000	1 022 000	316 000	1 063 000
Total Assets	14 870 000	15 412 000	15 167 000	15 281 000
Total Equity	14 680 000	15 218 000	14 196 000	13 883 000

Income (NOK)	2022	2021	2020	2019
Revenue	548 000	4 285 000	7 865 000	8 581 000
Expenditure	264 000	3 989 000	6 670 000	7 736 000
Operating Profit	285 000	296 000	1 195 000	844 000
Financial Income	1 000	792 000	1 000	645 000
Financial Costs	62 000	2 000	613 000	239 000
Financial Balance	−61 000	790 000	−612 000	406 000
Earnings Before Tax	224 000	1 087 000	583 000	1 251 000
Tax	63 000	65 000	267 000	188 000
Net Income	162 000	1 022 000	316 000	1 063 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	14 682 000	14 279 000	13 666 000	14 330 000
Total Current Assets	189 000	1 132 000	1 501 000	950 000
Total Assets	14 870 000	15 412 000	15 167 000	15 281 000
Total Retained Equity	14 580 000	15 118 000	14 096 000	13 783 000
Total Equity	14 680 000	15 218 000	14 196 000	13 883 000
Total Long-Term Debt	45 000	60 000	55 000	100 000
Total Current Debt	146 000	134 000	916 000	1 297 000
Total Equity and Debt	14 870 000	15 412 000	15 167 000	15 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	3 622 000	7 401 000	8 513 000
Other Income	548 000	663 000	464 000	68 000
Revenue	548 000	4 285 000	7 865 000	8 581 000
Cost of Goods Sold	0	942 000	1 956 000	2 187 000
Salary Costs	0	2 071 000	3 135 000	3 659 000
Depreciation	38 000	19 000	0	9 000
Impairment	0	0	0	0
Expenditure	264 000	3 989 000	6 670 000	7 736 000
Operating Profit	285 000	296 000	1 195 000	844 000
Financial Income	1 000	792 000	1 000	645 000
Financial Costs	62 000	2 000	613 000	239 000
Financial Balance	−61 000	790 000	−612 000	406 000
Dividends	700 000	0	0	0
Net Income	162 000	1 022 000	316 000	1 063 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	13 110 000	13 110 000	12 530 000	12 530 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	132 000	169 000	0	0
Total Tangible Assets	13 242 000	13 279 000	12 530 000	12 530 000
Total Fiancial Fixed Assets	1 440 000	1 000 000	1 136 000	1 800 000
Total Fixed Assets	14 682 000	14 279 000	13 666 000	14 330 000
Stock	0	0	226 000	232 000
Total Investments	0	0	0	0
Cash, Bank	174 000	1 123 000	1 215 000	648 000
Total Current Assets	189 000	1 132 000	1 501 000	950 000
Total Assets	14 870 000	15 412 000	15 167 000	15 281 000
Total Equity	14 680 000	15 218 000	14 196 000	13 883 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	45 000	60 000	55 000	100 000
Creditors	3 000	9 000	−41 000	58 000
Unpaid Taxes	0	0	346 000	443 000
Dividends	700 000	0	0	0
Other Current Debt	65 000	65 000	298 000	621 000
Total Current Debt	146 000	134 000	916 000	1 297 000
Total Equity and Debt	14 870 000	15 412 000	15 167 000	15 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	1,1 %	6,72 %	2,23 %	7,66 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	52,01 %	6,91 %	15,19 %	9,84 %
Current Ratio	1,29	8,45	1,64	0,73
Quick Ratio	1,29	8,45	2,18	0,89
Equity Ratio	0,99	0,99	0,94	0,91
Gross Profit Margin	100 %	78,02 %	75,13 %	74,51 %