K-TECH AS

2074 EIDSVOLL VERK

Finances

Return on Equity

183,94 %

Current Ratio

2,06

Debt-to-Equity Ratio

−2,92

Key figures (NOK)	2022	2021	2020	2019
Revenue	415 000	211 000	132 000	0
Net Income	−252 000	97 000	−7 000	0
Total Assets	468 000	602 000	216 000	24 000
Total Equity	−137 000	115 000	17 000	24 000

Income (NOK)	2022	2021	2020
Revenue	415 000	211 000	132 000
Expenditure	491 000	87 000	139 000
Operating Profit	−77 000	125 000	−6 000
Financial Income	−175 000	0	0
Financial Costs	1 000	2 000	0
Financial Balance	−176 000	−2 000	0
Earnings Before Tax	−252 000	123 000	−7 000
Tax	0	26 000	0
Net Income	−252 000	97 000	−7 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	418 000	188 000	13 000
Total Current Assets	425 000	183 000	28 000	11 000
Total Assets	468 000	602 000	216 000	24 000
Total Retained Equity	−167 000	90 000	−7 000	0
Total Equity	−137 000	115 000	17 000	24 000
Total Long-Term Debt	400 000	400 000	0	0
Total Current Debt	206 000	87 000	199 000	0
Total Equity and Debt	468 000	602 000	216 000	24 000

Cash flow (NOK)	2022	2021	2020
Sales Income	415 000	211 000	132 000
Other Income	0	0	0
Revenue	415 000	211 000	132 000
Cost of Goods Sold	92 000	0	5 000
Salary Costs	13 000	0	103 000
Depreciation	5 000	0	0
Impairment	0	0	0
Expenditure	491 000	87 000	139 000
Operating Profit	−77 000	125 000	−6 000
Financial Income	−175 000	0	0
Financial Costs	1 000	2 000	0
Financial Balance	−176 000	−2 000	0
Dividends	0	0	0
Net Income	−252 000	97 000	−7 000

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	15 000	0	0	0
Total Tangible Assets	15 000	0	0	0
Total Fiancial Fixed Assets	28 000	418 000	188 000	13 000
Total Fixed Assets	43 000	418 000	188 000	13 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	80 000	183 000	28 000	11 000
Total Current Assets	425 000	183 000	28 000	11 000
Total Assets	468 000	602 000	216 000	24 000
Total Equity	−137 000	115 000	17 000	24 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	400 000	400 000	0	0
Creditors	18 000	0	1 000	0
Unpaid Taxes	0	−9 000	33 000	0
Dividends	0	0	0	0
Other Current Debt	188 000	71 000	165 000	0
Total Current Debt	206 000	87 000	199 000	0
Total Equity and Debt	468 000	602 000	216 000	24 000

Financial indicators	2022	2021	2020	2019
Return on Equity	183,94 %	84,35 %	−41,18 %	0 %
Debt-to-Equity Ratio	−2,92	3,48	0	0
Operating Profit Margin	−18,55 %	59,24 %	−4,55 %	-
Current Ratio	2,06	2,1	0,14	-
Quick Ratio	2,06	2,1	0,14	-
Equity Ratio	−0,29	0,19	0,08	1
Gross Profit Margin	77,83 %	100 %	96,21 %	-