Yes, but not by as much as you would think. The bigger problem is that it’s an Americanism.
The OED (1997 Additions) has kick ass, both verb and adjective, from 1977. First appearance for both is in Rolling Stone.
But Green’s Dictionary of Slang has this for first citation:
1956 N. Algren Walk on the Wild Side 78: I’m so tired of kickin’ asses I just think I’ll start crushing skulls.
So the movie usage is about ten years too early and an ocean away. I suppose you could justify it if the character meant it literally.