2K ENTREPRENØR AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

56,44 %

Current Ratio

1,49

Debt-to-Equity Ratio

0,09

Key figures (NOK)	2022	2021	2020	2019
Revenue	47 416 000	52 245 000	48 208 000	40 916 000
Net Income	3 026 000	−5 744 000	102 000	194 000
Total Assets	16 479 000	5 327 000	5 530 000	6 137 000
Total Equity	5 361 000	−2 189 000	555 000	453 000

Income (NOK)	2022	2021	2020	2019
Revenue	47 416 000	52 245 000	48 208 000	40 916 000
Expenditure	44 788 000	58 308 000	47 892 000	40 543 000
Operating Profit	2 628 000	−6 063 000	317 000	373 000
Financial Income	−6 000	2 000	1 000	1 000
Financial Costs	24 000	−317 000	119 000	79 000
Financial Balance	−30 000	319 000	−118 000	−78 000
Earnings Before Tax	2 597 000	−5 744 000	198 000	296 000
Tax	−430 000	0	96 000	102 000
Net Income	3 026 000	−5 744 000	102 000	194 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	678 000	1 138 000	1 414 000	2 289 000
Total Current Assets	15 801 000	4 189 000	4 116 000	3 848 000
Total Assets	16 479 000	5 327 000	5 530 000	6 137 000
Total Retained Equity	0	−5 289 000	455 000	353 000
Total Equity	5 361 000	−2 189 000	555 000	453 000
Total Long-Term Debt	487 000	858 000	1 063 000	1 666 000
Total Current Debt	10 631 000	6 659 000	3 911 000	4 018 000
Total Equity and Debt	16 479 000	5 327 000	5 530 000	6 137 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	47 178 000	52 064 000	48 150 000	40 916 000
Other Income	238 000	181 000	58 000	0
Revenue	47 416 000	52 245 000	48 208 000	40 916 000
Cost of Goods Sold	35 445 000	51 191 000	41 828 000	34 449 000
Salary Costs	6 969 000	4 695 000	3 580 000	2 752 000
Depreciation	354 000	501 000	544 000	565 000
Impairment	0	0	0	0
Expenditure	44 788 000	58 308 000	47 892 000	40 543 000
Operating Profit	2 628 000	−6 063 000	317 000	373 000
Financial Income	−6 000	2 000	1 000	1 000
Financial Costs	24 000	−317 000	119 000	79 000
Financial Balance	−30 000	319 000	−118 000	−78 000
Dividends	0	0	0	600 000
Net Income	3 026 000	−5 744 000	102 000	194 000

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	578 000	1 038 000	1 414 000	2 289 000
Total Tangible Assets	578 000	1 038 000	1 414 000	2 289 000
Total Fiancial Fixed Assets	100 000	100 000	0	0
Total Fixed Assets	678 000	1 138 000	1 414 000	2 289 000
Stock	42 000	23 000	32 000	44 000
Total Investments	0	0	0	0
Cash, Bank	571 000	57 000	74 000	70 000
Total Current Assets	15 801 000	4 189 000	4 116 000	3 848 000
Total Assets	16 479 000	5 327 000	5 530 000	6 137 000
Total Equity	5 361 000	−2 189 000	555 000	453 000
Short-Term Group Debt	0	0	0	200 000
Total Long-Term Debt	487 000	858 000	1 063 000	1 666 000
Creditors	5 482 000	5 069 000	2 121 000	3 039 000
Unpaid Taxes	2 424 000	441 000	1 013 000	424 000
Dividends	0	0	0	600 000
Other Current Debt	2 725 000	1 149 000	680 000	205 000
Total Current Debt	10 631 000	6 659 000	3 911 000	4 018 000
Total Equity and Debt	16 479 000	5 327 000	5 530 000	6 137 000

Financial indicators	2022	2021	2020	2019
Return on Equity	56,44 %	262,4 %	18,38 %	42,83 %
Debt-to-Equity Ratio	0,09	−0,39	1,92	3,68
Operating Profit Margin	5,54 %	−11,6 %	0,66 %	0,91 %
Current Ratio	1,49	0,63	1,05	0,96
Quick Ratio	1,49	0,63	1,06	0,97
Equity Ratio	0,33	−0,41	0,1	0,07
Gross Profit Margin	25,25 %	2,02 %	13,23 %	15,81 %