KINGS CROSS AS

6092 FOSNAVÅG

Finances

Return on Equity

−5,3 %

Current Ratio

0,62

Debt-to-Equity Ratio

1,63

Key figures (NOK)	2022	2021	2020	2019
Revenue	112 421 000	151 000	150 000	150 000
Net Income	−13 268 000	−1 089 000	276 000	−229 000
Total Assets	791 537 000	70 768 000	72 098 000	72 838 000
Total Equity	250 448 000	69 646 000	71 734 000	71 708 000

Income (NOK)	2022	2021	2020	2019
Revenue	112 421 000	151 000	150 000	150 000
Expenditure	105 138 000	825 000	257 000	210 000
Operating Profit	7 284 000	−674 000	−108 000	−60 000
Financial Income	1 123 000	1 740 000	945 000	795 000
Financial Costs	19 515 000	2 097 000	532 000	886 000
Financial Balance	−18 392 000	−357 000	413 000	−91 000
Earnings Before Tax	−11 108 000	−1 030 000	306 000	−151 000
Tax	2 160 000	58 000	30 000	77 000
Net Income	−13 268 000	−1 089 000	276 000	−229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	708 981 000	60 104 000	63 219 000	66 371 000
Total Current Assets	82 556 000	10 664 000	8 879 000	6 467 000
Total Assets	791 537 000	70 768 000	72 098 000	72 838 000
Total Retained Equity	47 820 000	43 819 000	45 908 000	45 882 000
Total Equity	250 448 000	69 646 000	71 734 000	71 708 000
Total Long-Term Debt	408 737 000	0	0	0
Total Current Debt	132 351 000	1 123 000	364 000	1 130 000
Total Equity and Debt	791 537 000	70 768 000	72 098 000	72 838 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	105 895 000	150 000	150 000	150 000
Other Income	6 527 000	1 000	0	0
Revenue	112 421 000	151 000	150 000	150 000
Cost of Goods Sold	6 232 000	0	0	0
Salary Costs	34 770 000	0	0	0
Depreciation	30 641 000	0	133 000	133 000
Impairment	0	0	0	0
Expenditure	105 138 000	825 000	257 000	210 000
Operating Profit	7 284 000	−674 000	−108 000	−60 000
Financial Income	1 123 000	1 740 000	945 000	795 000
Financial Costs	19 515 000	2 097 000	532 000	886 000
Financial Balance	−18 392 000	−357 000	413 000	−91 000
Dividends	0	1 000 000	250 000	1 000 000
Net Income	−13 268 000	−1 089 000	276 000	−229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	341 171 000	43 000	81 000	60 000
Real Eastate	125 442 000	4 819 000	4 819 000	4 952 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	14 982 000	638 000	638 000	0
Total Tangible Assets	363 449 000	5 456 000	5 456 000	4 952 000
Total Fiancial Fixed Assets	4 361 000	54 605 000	57 682 000	61 359 000
Total Fixed Assets	708 981 000	60 104 000	63 219 000	66 371 000
Stock	3 218 000	0	0	0
Total Investments	1 376 000	6 169 000	4 092 000	1 282 000
Cash, Bank	67 204 000	4 339 000	4 505 000	3 568 000
Total Current Assets	82 556 000	10 664 000	8 879 000	6 467 000
Total Assets	791 537 000	70 768 000	72 098 000	72 838 000
Total Equity	250 448 000	69 646 000	71 734 000	71 708 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	408 737 000	0	0	0
Creditors	12 943 000	46 000	2 000	0
Unpaid Taxes	9 839 000	2 000	17 000	22 000
Dividends	0	1 000 000	250 000	1 000 000
Other Current Debt	25 806 000	54 000	44 000	17 000
Total Current Debt	132 351 000	1 123 000	364 000	1 130 000
Total Equity and Debt	791 537 000	70 768 000	72 098 000	72 838 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−5,3 %	−1,56 %	0,38 %	−0,32 %
Debt-to-Equity Ratio	1,63	0	0	0
Operating Profit Margin	6,48 %	−446,36 %	−72 %	−40 %
Current Ratio	0,62	9,5	24,39	5,72
Quick Ratio	0,64	9,5	24,39	5,72
Equity Ratio	0,32	0,98	0,99	0,98
Gross Profit Margin	94,46 %	100 %	100 %	100 %