KING FOOD AS • 984388608 • Oslo • Food and beverage service activities

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Hotel and catering

/ Food and drink

KING FOOD AS

Burger King

Keywords

togservering

Links

Organization

CEO: KL
Kenneth Elvan Lorentzen1981
Chairman of the board: KL
Kenneth Elvan Lorentzen1981
Years since formation: 22 years; since Apr 12, 2002
Type: Limited company
VAT registered: Yes
Number of employees: 19

Ownership

Number of shares and share classes: 1,000; 1 share class
Total number of shareholders: 1; company
Belongs to group of

Financials

Total operating income 2023: 1,587,336,125; NOK
Annual total result 2023: 59,925,258; NOK
Total equity 2023: 103,654,491; NOK

Last update: Nov 21, 2024

Management

Management / administration

Name	Role	Shares
KL Kenneth Elvan Lorentzen 1981	Managing Director/CEO	-

Board

Name	Role	Shares
MM Matthias Meinl 1981	Board Member	-
RL Ralph Leo Lanckohr 1964	Board Member	-
KL Kenneth Elvan Lorentzen 1981	Chairman	-

Others

Name	Role	Shares
E ERNST & YOUNG AS	Auditor	-
A AZETS INSIGHT AS	Accountant	-

Last update: Dec 2, 2023

Ownership

Company shareholders

Name	Share class	Number of shares	Share
B BK SCANDINAVIA AS	Ordinary shares	1,000	100 %

Last update: May 24, 2024

Group structure

BK SCANDINAVIA AS
Total operating income 2023: NOK 0
Operating profit 2023: NOK -613,236
Employees: 0

Financials

in NOK

Summary

Year	2023	2022	2021
Total operating income	1,587,336,125	1,450,831,688	1,218,353,296
Annual Total Result	59,925,258	60,233,184	69,040,643
Total assets	366,598,873	375,977,996	303,898,401
Total liabilities	262,944,382	287,698,891	214,931,920
Total equity	103,654,491	88,279,105	88,966,481

P&L

Year	2023	2022	2021
Total operating income	1,587,336,125	1,450,831,688	1,218,353,296
Total operating costs	1,511,099,638	1,374,076,406	1,126,261,301
Operating result	76,236,487	76,755,282	92,091,994
Financial income/costs	622,634	500,338	-3,495,836
Profit before tax	76,859,120	77,255,619	88,596,158
Total tax & extraordinary income/cost	16,933,862	17,022,435	19,555,515
Annual Total Result	59,925,258	60,233,184	69,040,643

Balance overview

Year	2023	2022	2021
Total fixed assets	257,102,252	217,140,439	207,218,226
Total current assets	109,496,621	158,837,556	96,680,175
Total assets	366,598,873	375,977,996	303,898,401
Short term debt	246,679,455	267,801,191	209,069,887
Long term debt	16,264,927	19,897,700	5,862,033
Total liabilities	262,944,382	287,698,891	214,931,920
Contributed capital	173,714,000	173,714,000	173,714,000
Retained earnings	-70,059,509	-85,434,895	-84,747,519
Total equity	103,654,491	88,279,105	88,966,481
Total equity and liabilities	366,598,873	375,977,996	303,898,401

Classification

Category

Hotel and catering

/ Food and drink

Type of organization

Limited company

Classification of institutional sector

INNL

Domestic sectors

A_IKKE-FIN

Non-financial corporations

2100

Private non-financial incorporated enterprises

Standard industrial classification

I

Main industrial area

Accommodation and food service activities

56

Activity

Food and beverage service activities

56.1

Main industrial group

Restaurants and mobile food service activities

56.10

Industrial group

Restaurants and mobile food service activities

56.101

Industrial group

Operation of restaurants and cafes