K2 TRADING AS

7018 TRONDHEIM

Finances

Share Ownership

Return on Equity

−217,65 %

Current Ratio

1,37

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 003 000	160 000	10 000	18 000
Net Income	−74 000	−6 000	−439 000	−110 000
Total Assets	125 000	189 000	63 000	504 000
Total Equity	34 000	108 000	115 000	554 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 003 000	160 000	10 000	18 000
Expenditure	976 000	225 000	27 000	27 000
Operating Profit	27 000	−66 000	−17 000	−9 000
Financial Income	6 000	0	64 000	0
Financial Costs	107 000	0	486 000	101 000
Financial Balance	−101 000	0	−422 000	−101 000
Earnings Before Tax	−74 000	−66 000	−439 000	−110 000
Tax	0	−59 000	0	0
Net Income	−74 000	−6 000	−439 000	−110 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	125 000	189 000	63 000	504 000
Total Assets	125 000	189 000	63 000	504 000
Total Retained Equity	4 000	84 000	90 000	529 000
Total Equity	34 000	108 000	115 000	554 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	91 000	81 000	−52 000	−50 000
Total Equity and Debt	125 000	189 000	63 000	504 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 003 000	160 000	10 000	18 000
Other Income	0	0	0	0
Revenue	1 003 000	160 000	10 000	18 000
Cost of Goods Sold	0	0	0	0
Salary Costs	938 000	204 000	2 000	2 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	976 000	225 000	27 000	27 000
Operating Profit	27 000	−66 000	−17 000	−9 000
Financial Income	6 000	0	64 000	0
Financial Costs	107 000	0	486 000	101 000
Financial Balance	−101 000	0	−422 000	−101 000
Dividends	0	0	0	0
Net Income	−74 000	−6 000	−439 000	−110 000

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	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	125 000	189 000	63 000	504 000
Total Current Assets	125 000	189 000	63 000	504 000
Total Assets	125 000	189 000	63 000	504 000
Total Equity	34 000	108 000	115 000	554 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	2 000	0	0	2 000
Unpaid Taxes	0	59 000	0	0
Dividends	0	0	0	0
Other Current Debt	89 000	22 000	0	0
Total Current Debt	91 000	81 000	−52 000	−50 000
Total Equity and Debt	125 000	189 000	63 000	504 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−217,65 %	−5,56 %	−381,74 %	−19,86 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	2,69 %	−41,25 %	−170 %	−50 %
Current Ratio	1,37	2,33	−1,21	−10,08
Quick Ratio	1,37	2,33	−1,21	−10,08
Equity Ratio	0,27	0,57	1,83	1,1
Gross Profit Margin	100 %	100 %	100 %	100 %