K-2 HÅNDVERK AS

1472 FJELLHAMAR

Finances

Share Ownership

Return on Equity

2,56 %

Current Ratio

0,81

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 976 000	2 302 000	2 202 000	3 018 000
Net Income	−1 000	22 000	−71 000	12 000
Total Assets	402 000	292 000	267 000	464 000
Total Equity	−39 000	−39 000	−61 000	10 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 976 000	2 302 000	2 202 000	3 018 000
Expenditure	1 977 000	2 255 000	2 296 000	2 981 000
Operating Profit	0	46 000	−93 000	37 000
Financial Income	0	0	0	0
Financial Costs	0	18 000	−2 000	21 000
Financial Balance	0	−18 000	2 000	−21 000
Earnings Before Tax	0	28 000	−91 000	17 000
Tax	1 000	6 000	−20 000	5 000
Net Income	−1 000	22 000	−71 000	12 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	43 000	58 000	78 000	121 000
Total Current Assets	359 000	234 000	188 000	343 000
Total Assets	402 000	292 000	267 000	464 000
Total Retained Equity	−61 000	−60 000	−82 000	−11 000
Total Equity	−39 000	−39 000	−61 000	10 000
Total Long-Term Debt	0	0	0	77 000
Total Current Debt	441 000	331 000	328 000	376 000
Total Equity and Debt	402 000	292 000	267 000	464 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 976 000	2 302 000	2 202 000	3 018 000
Other Income	0	0	0	0
Revenue	1 976 000	2 302 000	2 202 000	3 018 000
Cost of Goods Sold	856 000	886 000	660 000	1 083 000
Salary Costs	859 000	1 060 000	1 236 000	1 633 000
Depreciation	0	0	7 000	59 000
Impairment	0	0	0	0
Expenditure	1 977 000	2 255 000	2 296 000	2 981 000
Operating Profit	0	46 000	−93 000	37 000
Financial Income	0	0	0	0
Financial Costs	0	18 000	−2 000	21 000
Financial Balance	0	−18 000	2 000	−21 000
Dividends	0	0	0	0
Net Income	−1 000	22 000	−71 000	12 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	13 000	14 000	20 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	89 000
Total Tangible Assets	0	0	0	89 000
Total Fiancial Fixed Assets	30 000	44 000	58 000	31 000
Total Fixed Assets	43 000	58 000	78 000	121 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	359 000	224 000	188 000	174 000
Total Current Assets	359 000	234 000	188 000	343 000
Total Assets	402 000	292 000	267 000	464 000
Total Equity	−39 000	−39 000	−61 000	10 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	77 000
Creditors	197 000	125 000	59 000	87 000
Unpaid Taxes	167 000	129 000	160 000	155 000
Dividends	0	0	0	0
Other Current Debt	77 000	76 000	108 000	134 000
Total Current Debt	441 000	331 000	328 000	376 000
Total Equity and Debt	402 000	292 000	267 000	464 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,56 %	−56,41 %	116,39 %	120 %
Debt-to-Equity Ratio	−0	−0	−0	7,7
Operating Profit Margin	0 %	2 %	−4,22 %	1,23 %
Current Ratio	0,81	0,71	0,57	0,91
Quick Ratio	0,81	0,71	0,57	0,91
Equity Ratio	−0,1	−0,13	−0,23	0,02
Gross Profit Margin	56,68 %	61,51 %	70,03 %	64,12 %