KING CITY AS
Organization
- CEO
- KT
- Chairman of the board
- KT
- Years since formation
- 30 years
- since Feb 20, 1995
- Type
- Limited company
- VAT registered
- No
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 10
- 1 share class
- Total number of shareholders
- 3
- persons
Financials
- Total operating income 2024
- 644,280
- NOK
- Annual total result 2024
- 309,996
- NOK
- Total equity 2024
- 15,402,054
- NOK
Last update: Sep 9, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
KT | Managing Director/CEO | 30 % directly |
Board
| Name | Role | Shares |
|---|---|---|
KT | Chairman | 30 % directly |
KY 1977 | Board Member | 30 % directly |
KW 1969 | Board Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
KW 1969 | - | 40 % directly |
KT | Managing Director/CEO, Chairman | 30 % directly |
KY 1977 | Board Member | 30 % directly |
Last update: Jun 25, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
KW 1969 | Ordinary shares | 4 | 40 % |
KT | Ordinary shares | 3 | 30 % |
KY 1977 | Ordinary shares | 3 | 30 % |
Shares owned by the KING CITY AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 4,000 | 10.03 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 644,280 | 580,813 | 548,250 | 4,285,176 |
Annual Total Result | 309,996 | 412,545 | 161,809 | 1,021,921 |
Total assets | 15,571,955 | 15,695,483 | 14,870,299 | 15,411,631 |
Total liabilities | 169,900 | 603,426 | 190,786 | 193,927 |
Total equity | 15,402,054 | 15,092,058 | 14,679,513 | 15,217,704 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 644,280 | 580,813 | 548,250 | 4,285,176 |
Total operating costs | 238,796 | 212,631 | 263,129 | 3,988,906 |
Operating result | 405,484 | 368,182 | 285,121 | 296,269 |
Financial income/costs | -7,898 | 134,437 | -60,688 | 790,502 |
Profit before tax | 397,585 | 502,620 | 224,434 | 1,086,771 |
Total tax & extraordinary income/cost | 87,589 | 90,075 | 62,625 | 64,850 |
Annual Total Result | 309,996 | 412,545 | 161,809 | 1,021,921 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 15,166,401 | 15,204,001 | 14,681,779 | 14,279,201 |
Total current assets | 405,553 | 491,482 | 188,521 | 1,132,430 |
Total assets | 15,571,955 | 15,695,483 | 14,870,299 | 15,411,631 |
Short term debt | 147,319 | 570,030 | 145,939 | 133,538 |
Long term debt | 22,581 | 33,396 | 44,847 | 60,389 |
Total liabilities | 169,900 | 603,426 | 190,786 | 193,927 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 15,302,054 | 14,992,058 | 14,579,513 | 15,117,704 |
Total equity | 15,402,054 | 15,092,058 | 14,679,513 | 15,217,704 |
Total equity and liabilities | 15,571,955 | 15,695,483 | 14,870,299 | 15,411,631 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises