K2 INDUSTRI AS

4005 STAVANGER

Finances

Share Ownership

Return on Equity

583,45 %

Current Ratio

1,03

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	28 192 000	5 989 000	0	0
Net Income	3 419 000	4 094 000	−712 000	−2 730 000
Total Assets	18 318 000	30 251 000	34 979 000	35 182 000
Total Equity	586 000	3 749 000	2 117 000	1 000 000

Income (NOK)	2022	2021	2020	2019
Revenue	28 192 000	5 989 000	0	0
Expenditure	22 915 000	540 000	101 000	278 000
Operating Profit	5 277 000	5 448 000	−101 000	−278 000
Financial Income	1 000	5 000	0	0
Financial Costs	895 000	664 000	611 000	2 452 000
Financial Balance	−894 000	−659 000	−611 000	−2 452 000
Earnings Before Tax	4 383 000	4 789 000	−712 000	−2 730 000
Tax	964 000	695 000	0	0
Net Income	3 419 000	4 094 000	−712 000	−2 730 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	30 251 000	34 979 000	32 433 000
Total Current Assets	18 318 000	0	0	2 749 000
Total Assets	18 318 000	30 251 000	34 979 000	35 182 000
Total Retained Equity	0	1 632 000	0	0
Total Equity	586 000	3 749 000	2 117 000	1 000 000
Total Long-Term Debt	0	13 022 000	13 022 000	13 022 000
Total Current Debt	17 732 000	13 480 000	19 840 000	21 161 000
Total Equity and Debt	18 318 000	30 251 000	34 979 000	35 182 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	28 192 000	5 989 000	0	0
Other Income	0	0	0	0
Revenue	28 192 000	5 989 000	0	0
Cost of Goods Sold	21 973 000	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	22 915 000	540 000	101 000	278 000
Operating Profit	5 277 000	5 448 000	−101 000	−278 000
Financial Income	1 000	5 000	0	0
Financial Costs	895 000	664 000	611 000	2 452 000
Financial Balance	−894 000	−659 000	−611 000	−2 452 000
Dividends	0	0	0	0
Net Income	3 419 000	4 094 000	−712 000	−2 730 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	30 251 000	34 979 000	32 433 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	30 251 000	34 979 000	32 433 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	30 251 000	34 979 000	32 433 000
Stock	10 781 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	0	0	0
Total Current Assets	18 318 000	0	0	2 749 000
Total Assets	18 318 000	30 251 000	34 979 000	35 182 000
Total Equity	586 000	3 749 000	2 117 000	1 000 000
Short-Term Group Debt	11 303 000	4 125 000	954 000	3 686 000
Total Long-Term Debt	0	13 022 000	13 022 000	13 022 000
Creditors	435 000	1 360 000	46 000	120 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	17 732 000	13 480 000	19 840 000	21 161 000
Total Equity and Debt	18 318 000	30 251 000	34 979 000	35 182 000

Financial indicators	2022	2021	2020	2019
Return on Equity	583,45 %	109,2 %	−33,63 %	−273 %
Debt-to-Equity Ratio	0	3,47	6,15	13,02
Operating Profit Margin	18,72 %	90,97 %	-	-
Current Ratio	1,03	0	0	0,13
Quick Ratio	2,64	0	0	0,13
Equity Ratio	0,03	0,12	0,06	0,03
Gross Profit Margin	22,06 %	100 %	-	-