K2 FILMPRODUCTIONS AS

6570 SMØLA

Finances

Share Ownership

Return on Equity

43,49 %

Current Ratio

0,27

Debt-to-Equity Ratio

−0,54

Key figures (NOK)	2022	2021	2020	2019
Revenue	335 000	420 000	342 000	225 000
Net Income	−137 000	97 000	−92 000	31 000
Total Assets	59 000	152 000	39 000	68 000
Total Equity	−315 000	−178 000	−275 000	−183 000

Income (NOK)	2022	2021	2020	2019
Revenue	335 000	420 000	342 000	225 000
Expenditure	424 000	380 000	434 000	193 000
Operating Profit	−89 000	40 000	−93 000	32 000
Financial Income	8 000	2 000	1 000	0
Financial Costs	1 000	0	0	1 000
Financial Balance	7 000	2 000	1 000	−1 000
Earnings Before Tax	−82 000	42 000	−92 000	31 000
Tax	55 000	−55 000	0	0
Net Income	−137 000	97 000	−92 000	31 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 000	73 000	34 000	48 000
Total Current Assets	55 000	79 000	5 000	19 000
Total Assets	59 000	152 000	39 000	68 000
Total Retained Equity	−345 000	−208 000	−305 000	−213 000
Total Equity	−315 000	−178 000	−275 000	−183 000
Total Long-Term Debt	169 000	169 000	139 000	139 000
Total Current Debt	204 000	161 000	174 000	112 000
Total Equity and Debt	59 000	152 000	39 000	68 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	335 000	420 000	249 000	225 000
Other Income	0	0	93 000	0
Revenue	335 000	420 000	342 000	225 000
Cost of Goods Sold	57 000	24 000	35 000	11 000
Salary Costs	202 000	183 000	234 000	17 000
Depreciation	15 000	15 000	15 000	15 000
Impairment	0	0	0	0
Expenditure	424 000	380 000	434 000	193 000
Operating Profit	−89 000	40 000	−93 000	32 000
Financial Income	8 000	2 000	1 000	0
Financial Costs	1 000	0	0	1 000
Financial Balance	7 000	2 000	1 000	−1 000
Dividends	0	0	0	0
Net Income	−137 000	97 000	−92 000	31 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	55 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	4 000	19 000	34 000	48 000
Total Tangible Assets	4 000	19 000	34 000	48 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	4 000	73 000	34 000	48 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	51 000	66 000	1 000	14 000
Total Current Assets	55 000	79 000	5 000	19 000
Total Assets	59 000	152 000	39 000	68 000
Total Equity	−315 000	−178 000	−275 000	−183 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	169 000	169 000	139 000	139 000
Creditors	1 000	41 000	38 000	22 000
Unpaid Taxes	42 000	30 000	17 000	5 000
Dividends	0	0	0	0
Other Current Debt	162 000	91 000	120 000	84 000
Total Current Debt	204 000	161 000	174 000	112 000
Total Equity and Debt	59 000	152 000	39 000	68 000

Financial indicators	2022	2021	2020	2019
Return on Equity	43,49 %	−54,49 %	33,45 %	−16,94 %
Debt-to-Equity Ratio	−0,54	−0,95	−0,51	−0,76
Operating Profit Margin	−26,57 %	9,52 %	−27,19 %	14,22 %
Current Ratio	0,27	0,49	0,03	0,17
Quick Ratio	0,27	0,49	0,03	0,17
Equity Ratio	−5,34	−1,17	−7,05	−2,69
Gross Profit Margin	82,99 %	94,29 %	89,77 %	95,11 %