K2 ELEKTRO AS

1065 OSLO

Finances

Return on Equity

13,48 %

Current Ratio

1,27

Debt-to-Equity Ratio

1,77

Key figures (NOK)	2022	2021	2020	2019
Revenue	41 090 000	33 247 000	30 829 000	37 734 000
Net Income	306 000	994 000	290 000	123 000
Total Assets	15 868 000	12 426 000	11 028 000	10 903 000
Total Equity	2 270 000	2 244 000	1 750 000	1 760 000

Income (NOK)	2022	2021	2020	2019
Revenue	41 090 000	33 247 000	30 829 000	37 734 000
Expenditure	40 438 000	32 023 000	30 537 000	35 762 000
Operating Profit	653 000	1 225 000	293 000	1 972 000
Financial Income	101 000	102 000	223 000	4 000
Financial Costs	360 000	356 000	226 000	1 573 000
Financial Balance	−259 000	−254 000	−3 000	−1 569 000
Earnings Before Tax	394 000	971 000	290 000	403 000
Tax	88 000	−23 000	0	279 000
Net Income	306 000	994 000	290 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 721 000	2 746 000	1 082 000	1 761 000
Total Current Assets	12 147 000	9 680 000	9 946 000	9 142 000
Total Assets	15 868 000	12 426 000	11 028 000	10 903 000
Total Retained Equity	2 240 000	2 214 000	1 720 000	1 730 000
Total Equity	2 270 000	2 244 000	1 750 000	1 760 000
Total Long-Term Debt	4 029 000	2 627 000	2 646 000	1 802 000
Total Current Debt	9 569 000	7 555 000	6 632 000	7 341 000
Total Equity and Debt	15 868 000	12 426 000	11 028 000	10 903 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	41 614 000	31 767 000	29 593 000	36 821 000
Other Income	−524 000	1 481 000	1 237 000	913 000
Revenue	41 090 000	33 247 000	30 829 000	37 734 000
Cost of Goods Sold	16 758 000	12 961 000	11 990 000	16 961 000
Salary Costs	16 030 000	14 058 000	13 665 000	13 295 000
Depreciation	652 000	449 000	382 000	347 000
Impairment	0	0	0	0
Expenditure	40 438 000	32 023 000	30 537 000	35 762 000
Operating Profit	653 000	1 225 000	293 000	1 972 000
Financial Income	101 000	102 000	223 000	4 000
Financial Costs	360 000	356 000	226 000	1 573 000
Financial Balance	−259 000	−254 000	−3 000	−1 569 000
Dividends	200 000	500 000	300 000	400 000
Net Income	306 000	994 000	290 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	3 618 000	2 534 000	954 000	1 609 000
Total Tangible Assets	3 618 000	2 534 000	954 000	1 609 000
Total Fiancial Fixed Assets	103 000	212 000	128 000	153 000
Total Fixed Assets	3 721 000	2 746 000	1 082 000	1 761 000
Stock	1 065 000	644 000	503 000	78 000
Total Investments	1 000	659 000	561 000	0
Cash, Bank	2 531 000	1 373 000	2 509 000	2 129 000
Total Current Assets	12 147 000	9 680 000	9 946 000	9 142 000
Total Assets	15 868 000	12 426 000	11 028 000	10 903 000
Total Equity	2 270 000	2 244 000	1 750 000	1 760 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 029 000	2 627 000	2 646 000	1 802 000
Creditors	3 460 000	2 220 000	1 653 000	2 702 000
Unpaid Taxes	1 956 000	1 727 000	2 013 000	1 669 000
Dividends	200 000	500 000	300 000	400 000
Other Current Debt	3 936 000	3 051 000	2 665 000	2 658 000
Total Current Debt	9 569 000	7 555 000	6 632 000	7 341 000
Total Equity and Debt	15 868 000	12 426 000	11 028 000	10 903 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,48 %	44,3 %	16,57 %	6,99 %
Debt-to-Equity Ratio	1,77	1,17	1,51	1,02
Operating Profit Margin	1,59 %	3,68 %	0,95 %	5,23 %
Current Ratio	1,27	1,28	1,5	1,25
Quick Ratio	1,43	1,4	1,62	1,26
Equity Ratio	0,14	0,18	0,16	0,16
Gross Profit Margin	59,22 %	61,02 %	61,11 %	55,05 %