K2 NORD AS

8720 VIKHOLMEN

Finances

Return on Equity

−13,58 %

Current Ratio

0,87

Debt-to-Equity Ratio

−16,57

Key figures (NOK)	2022	2021	2020	2019
Revenue	898 000	1 118 000	786 000	734 000
Net Income	33 000	798 000	7 000	−173 000
Total Assets	4 035 000	4 359 000	3 454 000	3 630 000
Total Equity	−243 000	−276 000	−1 074 000	−1 081 000

Income (NOK)	2022	2021	2020	2019
Revenue	898 000	1 118 000	786 000	734 000
Expenditure	728 000	632 000	633 000	754 000
Operating Profit	170 000	485 000	153 000	−20 000
Financial Income	12 000	0	14 000	14 000
Financial Costs	140 000	141 000	159 000	167 000
Financial Balance	−128 000	−141 000	−145 000	−153 000
Earnings Before Tax	43 000	345 000	7 000	−173 000
Tax	9 000	−454 000	0	0
Net Income	33 000	798 000	7 000	−173 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 815 000	3 974 000	2 949 000	3 040 000
Total Current Assets	219 000	384 000	505 000	590 000
Total Assets	4 035 000	4 359 000	3 454 000	3 630 000
Total Retained Equity	−1 153 000	−1 187 000	−1 985 000	−1 992 000
Total Equity	−243 000	−276 000	−1 074 000	−1 081 000
Total Long-Term Debt	4 026 000	3 979 000	4 358 000	4 450 000
Total Current Debt	251 000	655 000	170 000	261 000
Total Equity and Debt	4 035 000	4 359 000	3 454 000	3 630 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	898 000	1 118 000	786 000	734 000
Other Income	0	0	0	0
Revenue	898 000	1 118 000	786 000	734 000
Cost of Goods Sold	120 000	69 000	39 000	0
Salary Costs	148 000	123 000	178 000	247 000
Depreciation	150 000	140 000	121 000	150 000
Impairment	0	0	0	0
Expenditure	728 000	632 000	633 000	754 000
Operating Profit	170 000	485 000	153 000	−20 000
Financial Income	12 000	0	14 000	14 000
Financial Costs	140 000	141 000	159 000	167 000
Financial Balance	−128 000	−141 000	−145 000	−153 000
Dividends	0	0	0	0
Net Income	33 000	798 000	7 000	−173 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	444 000	454 000	0	0
Real Eastate	2 208 000	2 293 000	2 381 000	2 465 000
Machinery and Plant Facilities	1 012 000	1 077 000	437 000	474 000
Fixtures	0	0	0	0
Total Tangible Assets	3 220 000	3 369 000	2 818 000	2 939 000
Total Fiancial Fixed Assets	151 000	151 000	131 000	101 000
Total Fixed Assets	3 815 000	3 974 000	2 949 000	3 040 000
Stock	0	0	0	4 000
Total Investments	0	0	0	0
Cash, Bank	141 000	384 000	86 000	357 000
Total Current Assets	219 000	384 000	505 000	590 000
Total Assets	4 035 000	4 359 000	3 454 000	3 630 000
Total Equity	−243 000	−276 000	−1 074 000	−1 081 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 026 000	3 979 000	4 358 000	4 450 000
Creditors	220 000	633 000	77 000	90 000
Unpaid Taxes	13 000	6 000	34 000	54 000
Dividends	0	0	0	0
Other Current Debt	18 000	15 000	60 000	118 000
Total Current Debt	251 000	655 000	170 000	261 000
Total Equity and Debt	4 035 000	4 359 000	3 454 000	3 630 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−13,58 %	−289,13 %	−0,65 %	16 %
Debt-to-Equity Ratio	−16,57	−14,42	−4,06	−4,12
Operating Profit Margin	18,93 %	43,38 %	19,47 %	−2,72 %
Current Ratio	0,87	0,59	2,97	2,26
Quick Ratio	0,87	0,59	2,97	2,3
Equity Ratio	−0,06	−0,06	−0,31	−0,3
Gross Profit Margin	86,64 %	93,83 %	95,04 %	100 %