K2 BAR & RESTAURANT DRIFT AS

0151 OSLO

Finances

Return on Equity

94,58 %

Current Ratio

0,58

Debt-to-Equity Ratio

0,14

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 990 000	8 479 000	7 048 000	8 737 000
Net Income	611 000	980 000	86 000	−407 000
Total Assets	2 545 000	3 303 000	3 213 000	2 952 000
Total Equity	646 000	1 115 000	1 326 000	1 240 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 990 000	8 479 000	7 048 000	8 737 000
Expenditure	11 188 000	7 303 000	6 917 000	9 123 000
Operating Profit	803 000	1 175 000	131 000	−387 000
Financial Income	0	0	2 000	0
Financial Costs	16 000	44 000	48 000	21 000
Financial Balance	−16 000	−44 000	−46 000	−21 000
Earnings Before Tax	787 000	1 131 000	86 000	−407 000
Tax	175 000	151 000	0	0
Net Income	611 000	980 000	86 000	−407 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 492 000	2 156 000	2 324 000	2 315 000
Total Current Assets	1 054 000	1 147 000	889 000	637 000
Total Assets	2 545 000	3 303 000	3 213 000	2 952 000
Total Retained Equity	616 000	1 085 000	1 296 000	1 210 000
Total Equity	646 000	1 115 000	1 326 000	1 240 000
Total Long-Term Debt	92 000	399 000	603 000	0
Total Current Debt	1 806 000	1 789 000	1 285 000	1 712 000
Total Equity and Debt	2 545 000	3 303 000	3 213 000	2 952 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 153 000	6 841 000	6 099 000	8 423 000
Other Income	837 000	1 637 000	950 000	314 000
Revenue	11 990 000	8 479 000	7 048 000	8 737 000
Cost of Goods Sold	4 861 000	3 032 000	2 569 000	3 200 000
Salary Costs	4 004 000	2 411 000	2 519 000	3 344 000
Depreciation	165 000	183 000	191 000	339 000
Impairment	0	0	0	0
Expenditure	11 188 000	7 303 000	6 917 000	9 123 000
Operating Profit	803 000	1 175 000	131 000	−387 000
Financial Income	0	0	2 000	0
Financial Costs	16 000	44 000	48 000	21 000
Financial Balance	−16 000	−44 000	−46 000	−21 000
Dividends	0	0	0	0
Net Income	611 000	980 000	86 000	−407 000

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	912 000	1 076 000	1 244 000	1 435 000
Total Tangible Assets	912 000	1 076 000	1 244 000	1 435 000
Total Fiancial Fixed Assets	580 000	1 080 000	1 080 000	880 000
Total Fixed Assets	1 492 000	2 156 000	2 324 000	2 315 000
Stock	246 000	273 000	243 000	330 000
Total Investments	0	0	0	0
Cash, Bank	582 000	507 000	254 000	210 000
Total Current Assets	1 054 000	1 147 000	889 000	637 000
Total Assets	2 545 000	3 303 000	3 213 000	2 952 000
Total Equity	646 000	1 115 000	1 326 000	1 240 000
Short-Term Group Debt	0	500 000	0	0
Total Long-Term Debt	92 000	399 000	603 000	0
Creditors	346 000	74 000	165 000	529 000
Unpaid Taxes	461 000	382 000	79 000	268 000
Dividends	0	0	0	0
Other Current Debt	776 000	465 000	301 000	380 000
Total Current Debt	1 806 000	1 789 000	1 285 000	1 712 000
Total Equity and Debt	2 545 000	3 303 000	3 213 000	2 952 000

Financial indicators	2022	2021	2020	2019
Return on Equity	94,58 %	87,89 %	6,49 %	−32,82 %
Debt-to-Equity Ratio	0,14	0,36	0,45	0
Operating Profit Margin	6,7 %	13,86 %	1,86 %	−4,43 %
Current Ratio	0,58	0,64	0,69	0,37
Quick Ratio	0,68	0,76	0,85	0,46
Equity Ratio	0,25	0,34	0,41	0,42
Gross Profit Margin	59,46 %	64,24 %	63,55 %	63,37 %