KING CUTS AS
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Organization
- Chairman of the board
- Years since formation
- 2 years
- since Feb 8, 2023
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 0
Ownership
- Number of shares and share classes
- 3,000
- 1 share class
- Total number of shareholders
- 1
- person
Financials
- Total operating income 2024
- 259,072
- NOK
- Annual total result 2024
- -91,527
- NOK
- Total equity 2024
- -16,253
- NOK
Last update: Sep 9, 2025
Management
Board
| Name | Role | Shares |
|---|---|---|
| Chairman | 100 % directly |
Others
| Name | Role | Shares |
|---|---|---|
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
| Chairman | 100 % directly |
Last update: Apr 13, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 3,000 | 100 % |
Last update: Jun 2, 2025
Financials
in NOK
Summary
| Year | 2024 | 2023 |
|---|---|---|
Total operating income | 259,072 | 208,529 |
Annual Total Result | -91,527 | 45,274 |
Total assets | 60,916 | 135,050 |
Total liabilities | 77,170 | 59,775 |
Total equity | -16,253 | 75,274 |
P&L
| Year | 2024 | 2023 |
|---|---|---|
Total operating income | 259,072 | 208,529 |
Total operating costs | 361,371 | 150,342 |
Operating result | -102,299 | 58,187 |
Financial income/costs | -1,662 | -479 |
Profit before tax | -103,961 | 57,708 |
Total tax & extraordinary income/cost | -12,434 | 12,434 |
Annual Total Result | -91,527 | 45,274 |
Balance overview
| Year | 2024 | 2023 |
|---|---|---|
Total fixed assets | 42,961 | 114,992 |
Total current assets | 17,955 | 20,058 |
Total assets | 60,916 | 135,050 |
Short term debt | 77,170 | 59,775 |
Long term debt | 0 | 0 |
Total liabilities | 77,170 | 59,775 |
Contributed capital | 30,000 | 30,000 |
Retained earnings | -46,253 | 45,274 |
Total equity | -16,253 | 75,274 |
Total equity and liabilities | 60,917 | 135,050 |
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