K PROMOTION AS

1363 HØVIK

Finances

Share Ownership

Return on Equity

9,13 %

Current Ratio

1,88

Debt-to-Equity Ratio

0,01

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 127 000	3 475 000	3 638 000	3 538 000
Net Income	217 000	400 000	189 000	86 000
Total Assets	2 881 000	3 903 000	2 313 000	2 925 000
Total Equity	2 376 000	2 159 000	1 758 000	1 570 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 127 000	3 475 000	3 638 000	3 538 000
Expenditure	3 862 000	2 953 000	3 396 000	3 429 000
Operating Profit	265 000	523 000	243 000	109 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	1 000	1 000	1 000	2 000
Earnings Before Tax	266 000	523 000	244 000	111 000
Tax	49 000	123 000	56 000	24 000
Net Income	217 000	400 000	189 000	86 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 993 000	867 000	873 000	880 000
Total Current Assets	887 000	3 036 000	1 439 000	2 045 000
Total Assets	2 881 000	3 903 000	2 313 000	2 925 000
Total Retained Equity	2 176 000	1 959 000	1 558 000	1 370 000
Total Equity	2 376 000	2 159 000	1 758 000	1 570 000
Total Long-Term Debt	32 000	0	0	16 000
Total Current Debt	473 000	1 744 000	554 000	1 339 000
Total Equity and Debt	2 881 000	3 903 000	2 313 000	2 925 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 380 000	4 007 000	3 087 000	3 991 000
Other Income	748 000	−531 000	551 000	−453 000
Revenue	4 127 000	3 475 000	3 638 000	3 538 000
Cost of Goods Sold	2 660 000	2 289 000	2 565 000	2 344 000
Salary Costs	857 000	421 000	505 000	802 000
Depreciation	73 000	66 000	66 000	66 000
Impairment	0	0	0	0
Expenditure	3 862 000	2 953 000	3 396 000	3 429 000
Operating Profit	265 000	523 000	243 000	109 000
Financial Income	2 000	1 000	1 000	2 000
Financial Costs	1 000	0	0	0
Financial Balance	1 000	1 000	1 000	2 000
Dividends	0	0	0	0
Net Income	217 000	400 000	189 000	86 000

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	599 000	72 000	138 000	205 000
Total Tangible Assets	599 000	72 000	138 000	205 000
Total Fiancial Fixed Assets	1 395 000	795 000	735 000	675 000
Total Fixed Assets	1 993 000	867 000	873 000	880 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	595 000	991 000	1 069 000	794 000
Total Current Assets	887 000	3 036 000	1 439 000	2 045 000
Total Assets	2 881 000	3 903 000	2 313 000	2 925 000
Total Equity	2 376 000	2 159 000	1 758 000	1 570 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	32 000	0	0	16 000
Creditors	185 000	602 000	244 000	445 000
Unpaid Taxes	186 000	404 000	144 000	184 000
Dividends	0	0	0	0
Other Current Debt	85 000	615 000	94 000	679 000
Total Current Debt	473 000	1 744 000	554 000	1 339 000
Total Equity and Debt	2 881 000	3 903 000	2 313 000	2 925 000

Financial indicators	2022	2021	2020	2019
Return on Equity	9,13 %	18,53 %	10,75 %	5,48 %
Debt-to-Equity Ratio	0,01	0	0	0,01
Operating Profit Margin	6,42 %	15,05 %	6,68 %	3,08 %
Current Ratio	1,88	1,74	2,6	1,53
Quick Ratio	1,88	1,74	2,6	1,53
Equity Ratio	0,82	0,55	0,76	0,54
Gross Profit Margin	35,55 %	34,13 %	29,49 %	33,75 %