K2 SECURITY AS

7130 BREKSTAD

Finances

Share Ownership

Return on Equity

85,64 %

Current Ratio

0,17

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	202 000	152 000	88 000	18 000
Net Income	−161 000	−10 000	88 000	−29 000
Total Assets	65 000	21 000	6 000	1 000
Total Equity	−188 000	−27 000	−17 000	−4 000

Income (NOK)	2022	2021	2020	2019
Revenue	202 000	152 000	88 000	18 000
Expenditure	343 000	158 000	0	46 000
Operating Profit	−141 000	−6 000	88 000	−29 000
Financial Income	0	0	0	0
Financial Costs	19 000	4 000	0	0
Financial Balance	−19 000	−4 000	0	0
Earnings Before Tax	−161 000	−10 000	88 000	−29 000
Tax	0	0	0	0
Net Income	−161 000	−10 000	88 000	−29 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	21 000	0	0	0
Total Current Assets	44 000	21 000	6 000	1 000
Total Assets	65 000	21 000	6 000	1 000
Total Retained Equity	−212 000	−51 000	−42 000	−29 000
Total Equity	−188 000	−27 000	−17 000	−4 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	253 000	48 000	24 000	6 000
Total Equity and Debt	65 000	21 000	6 000	1 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	202 000	152 000	88 000	18 000
Other Income	0	0	0	0
Revenue	202 000	152 000	88 000	18 000
Cost of Goods Sold	107 000	57 000	0	10 000
Salary Costs	3 000	1 000	0	0
Depreciation	2 000	0	0	0
Impairment	0	0	0	0
Expenditure	343 000	158 000	0	46 000
Operating Profit	−141 000	−6 000	88 000	−29 000
Financial Income	0	0	0	0
Financial Costs	19 000	4 000	0	0
Financial Balance	−19 000	−4 000	0	0
Dividends	0	0	0	0
Net Income	−161 000	−10 000	88 000	−29 000

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	21 000	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	21 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	21 000	0	0	0
Stock	38 000	38 000	0	0
Total Investments	0	0	0	0
Cash, Bank	6 000	−7 000	2 000	1 000
Total Current Assets	44 000	21 000	6 000	1 000
Total Assets	65 000	21 000	6 000	1 000
Total Equity	−188 000	−27 000	−17 000	−4 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	10 000	3 000	0	6 000
Unpaid Taxes	2 000	−8 000	−12 000	0
Dividends	0	0	0	0
Other Current Debt	241 000	54 000	36 000	0
Total Current Debt	253 000	48 000	24 000	6 000
Total Equity and Debt	65 000	21 000	6 000	1 000

Financial indicators	2022	2021	2020	2019
Return on Equity	85,64 %	37,04 %	−517,65 %	725 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−69,8 %	−3,95 %	100 %	−161,11 %
Current Ratio	0,17	0,44	0,25	0,17
Quick Ratio	0,2	2,1	0,25	0,17
Equity Ratio	−2,89	−1,29	−2,83	−4
Gross Profit Margin	47,03 %	62,5 %	100 %	44,44 %