K2 STAVANGER AS

4005 STAVANGER

Finances

Return on Equity

30,42 %

Current Ratio

4,42

Debt-to-Equity Ratio

0,69

Key figures (NOK)	2022	2021	2020	2019
Revenue	5 813 000	6 557 000	6 937 000	6 602 000
Net Income	36 071 000	38 706 000	1 691 000	18 822 000
Total Assets	209 878 000	155 746 000	110 160 000	111 343 000
Total Equity	118 577 000	102 507 000	37 507 000	40 823 000

Income (NOK)	2022	2021	2020	2019
Revenue	5 813 000	6 557 000	6 937 000	6 602 000
Expenditure	13 433 000	13 752 000	9 087 000	11 561 000
Operating Profit	−7 620 000	−7 195 000	−2 150 000	−4 959 000
Financial Income	47 079 000	46 946 000	5 375 000	33 330 000
Financial Costs	4 596 000	1 044 000	1 534 000	7 444 000
Financial Balance	42 483 000	45 902 000	3 841 000	25 886 000
Earnings Before Tax	34 863 000	38 706 000	1 691 000	20 926 000
Tax	−1 208 000	0	0	2 105 000
Net Income	36 071 000	38 706 000	1 691 000	18 822 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	167 928 000	142 784 000	97 832 000	94 416 000
Total Current Assets	41 950 000	12 961 000	12 329 000	16 928 000
Total Assets	209 878 000	155 746 000	110 160 000	111 343 000
Total Retained Equity	56 952 000	40 882 000	22 176 000	20 485 000
Total Equity	118 577 000	102 507 000	37 507 000	40 823 000
Total Long-Term Debt	81 804 000	47 258 000	66 216 000	66 527 000
Total Current Debt	9 497 000	5 980 000	6 437 000	3 993 000
Total Equity and Debt	209 878 000	155 746 000	110 160 000	111 343 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 840 000	4 750 000	5 235 000	5 161 000
Other Income	1 973 000	1 807 000	1 702 000	1 440 000
Revenue	5 813 000	6 557 000	6 937 000	6 602 000
Cost of Goods Sold	0	0	0	0
Salary Costs	9 600 000	9 946 000	5 251 000	6 970 000
Depreciation	55 000	68 000	70 000	70 000
Impairment	0	0	0	0
Expenditure	13 433 000	13 752 000	9 087 000	11 561 000
Operating Profit	−7 620 000	−7 195 000	−2 150 000	−4 959 000
Financial Income	47 079 000	46 946 000	5 375 000	33 330 000
Financial Costs	4 596 000	1 044 000	1 534 000	7 444 000
Financial Balance	42 483 000	45 902 000	3 841 000	25 886 000
Dividends	0	0	5 006 000	0
Net Income	36 071 000	38 706 000	1 691 000	18 822 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 305 000	27 000	58 000	90 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	62 000	90 000	127 000	125 000
Total Tangible Assets	62 000	90 000	127 000	125 000
Total Fiancial Fixed Assets	164 561 000	142 668 000	97 647 000	94 201 000
Total Fixed Assets	167 928 000	142 784 000	97 832 000	94 416 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 764 000	7 003 000	9 410 000	12 463 000
Total Current Assets	41 950 000	12 961 000	12 329 000	16 928 000
Total Assets	209 878 000	155 746 000	110 160 000	111 343 000
Total Equity	118 577 000	102 507 000	37 507 000	40 823 000
Short-Term Group Debt	0	0	0	2 749 000
Total Long-Term Debt	81 804 000	47 258 000	66 216 000	66 527 000
Creditors	348 000	299 000	191 000	136 000
Unpaid Taxes	945 000	1 127 000	786 000	460 000
Dividends	0	0	5 006 000	0
Other Current Debt	3 204 000	4 555 000	454 000	648 000
Total Current Debt	9 497 000	5 980 000	6 437 000	3 993 000
Total Equity and Debt	209 878 000	155 746 000	110 160 000	111 343 000

Financial indicators	2022	2021	2020	2019
Return on Equity	30,42 %	37,76 %	4,51 %	46,11 %
Debt-to-Equity Ratio	0,69	0,46	1,77	1,63
Operating Profit Margin	−131,09 %	−109,73 %	−30,99 %	−75,11 %
Current Ratio	4,42	2,17	1,92	4,24
Quick Ratio	4,42	2,17	1,92	4,24
Equity Ratio	0,56	0,66	0,34	0,37
Gross Profit Margin	100 %	100 %	100 %	100 %