KINGSRØD TRADING AS

1892 DEGERNES

Finances

Return on Equity

14,72 %

Current Ratio

1,06

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	154 968 000	117 139 000	138 513 000	162 657 000
Net Income	2 020 000	−259 000	−6 619 000	39 000
Total Assets	66 801 000	57 734 000	64 424 000	54 368 000
Total Equity	13 720 000	10 370 000	8 781 000	8 680 000

Income (NOK)	2022	2021	2020	2019
Revenue	154 968 000	117 139 000	138 513 000	162 657 000
Expenditure	152 069 000	117 857 000	144 826 000	161 401 000
Operating Profit	2 898 000	−718 000	−6 313 000	1 257 000
Financial Income	3 158 000	1 572 000	260 000	534 000
Financial Costs	3 775 000	1 454 000	2 261 000	1 731 000
Financial Balance	−617 000	118 000	−2 001 000	−1 197 000
Earnings Before Tax	2 282 000	−600 000	−8 314 000	60 000
Tax	262 000	−341 000	−1 695 000	21 000
Net Income	2 020 000	−259 000	−6 619 000	39 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	10 533 000	18 033 000	19 091 000	18 494 000
Total Current Assets	56 268 000	39 701 000	45 333 000	35 874 000
Total Assets	66 801 000	57 734 000	64 424 000	54 368 000
Total Retained Equity	−3 085 000	−5 105 000	−6 694 000	−6 795 000
Total Equity	13 720 000	10 370 000	8 781 000	8 680 000
Total Long-Term Debt	0	14 809 000	18 001 000	3 732 000
Total Current Debt	53 081 000	32 556 000	37 643 000	41 957 000
Total Equity and Debt	66 801 000	57 734 000	64 424 000	54 368 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	154 214 000	114 498 000	137 020 000	162 146 000
Other Income	755 000	2 641 000	1 493 000	511 000
Revenue	154 968 000	117 139 000	138 513 000	162 657 000
Cost of Goods Sold	135 538 000	101 858 000	130 335 000	148 049 000
Salary Costs	4 990 000	4 745 000	4 204 000	4 237 000
Depreciation	346 000	383 000	246 000	233 000
Impairment	0	0	0	0
Expenditure	152 069 000	117 857 000	144 826 000	161 401 000
Operating Profit	2 898 000	−718 000	−6 313 000	1 257 000
Financial Income	3 158 000	1 572 000	260 000	534 000
Financial Costs	3 775 000	1 454 000	2 261 000	1 731 000
Financial Balance	−617 000	118 000	−2 001 000	−1 197 000
Dividends	0	0	0	0
Net Income	2 020 000	−259 000	−6 619 000	39 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	2 459 000	3 096 000	3 277 000	2 067 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 855 000	2 193 000	1 483 000	1 403 000
Total Tangible Assets	1 855 000	2 193 000	1 483 000	1 403 000
Total Fiancial Fixed Assets	6 220 000	12 744 000	14 331 000	15 024 000
Total Fixed Assets	10 533 000	18 033 000	19 091 000	18 494 000
Stock	36 912 000	27 849 000	29 993 000	32 628 000
Total Investments	0	0	0	0
Cash, Bank	561 000	212 000	243 000	204 000
Total Current Assets	56 268 000	39 701 000	45 333 000	35 874 000
Total Assets	66 801 000	57 734 000	64 424 000	54 368 000
Total Equity	13 720 000	10 370 000	8 781 000	8 680 000
Short-Term Group Debt	0	0	1 000 000	3 510 000
Total Long-Term Debt	0	14 809 000	18 001 000	3 732 000
Creditors	16 167 000	4 742 000	7 376 000	11 798 000
Unpaid Taxes	2 720 000	1 281 000	2 277 000	2 932 000
Dividends	0	0	0	0
Other Current Debt	1 483 000	765 000	4 987 000	583 000
Total Current Debt	53 081 000	32 556 000	37 643 000	41 957 000
Total Equity and Debt	66 801 000	57 734 000	64 424 000	54 368 000

Financial indicators	2022	2021	2020	2019
Return on Equity	14,72 %	−2,5 %	−75,38 %	0,45 %
Debt-to-Equity Ratio	0	1,43	2,05	0,43
Operating Profit Margin	1,87 %	−0,61 %	−4,56 %	0,77 %
Current Ratio	1,06	1,22	1,2	0,86
Quick Ratio	3,48	8,43	5,93	3,85
Equity Ratio	0,21	0,18	0,14	0,16
Gross Profit Margin	12,54 %	13,05 %	5,9 %	8,98 %