Thank you both for your replies. I eventually found out that I was calculating the wrong values. I was supposed to calculate the NO3 value, not the N value. Doing that brings me to the expected change of 1 ppm and leads me to believe that now I finally have the correct K value. Below I will share the calculation I have now. Basically, the result should be accurate in 2 decimals. @Borek does your explanation then change anything?
1ppm = 1mg/L, thus 1 ppm increase = 100mg/100L
K = 39,1 g/mol
NO3 = 14 + 3*16 = 62 g/mol
Total = 101,1 g/mol
Mass NO3 in powder

62/101,1 = 0,6133 | 81,53 * 0,6133 = 50g = 50000mg
Mass K in powder

39,1/101,1 = 0,387 | 81,53 * 0,387 = 31,54g = 31540mg
Concentration of N in the solution when adding 1 mL to 100L of demineralised water should then make 50000mg/500ml = 100mg/ml =
1ppm. Concentration of K 31540mg/500ml = 63,08mg/ml =
0,63ppm