CHANG NOI AS

4635 KRISTIANSAND S

Finances

Share Ownership

Return on Equity

10,61 %

Current Ratio

1,67

Debt-to-Equity Ratio

Key figures (NOK)	2021	2020	2019	2018
Revenue	1 877 000	1 357 000	949 000	85 000
Net Income	21 000	132 000	18 000	2 000
Total Assets	495 000	470 000	138 000	59 000
Total Equity	198 000	178 000	45 000	27 000

Income (NOK)	2021	2020	2019	2018
Revenue	1 877 000	1 357 000	949 000	85 000
Expenditure	1 847 000	1 185 000	920 000	82 000
Operating Profit	31 000	171 000	28 000	3 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	4 000	0
Financial Balance	−5 000	−2 000	−4 000	0
Earnings Before Tax	27 000	169 000	24 000	2 000
Tax	6 000	36 000	5 000	0
Net Income	21 000	132 000	18 000	2 000

Balance (NOK)	2021	2020	2019	2018
Total Fixed Assets	0	0	9 000	19 000
Total Current Assets	495 000	470 000	129 000	40 000
Total Assets	495 000	470 000	138 000	59 000
Total Retained Equity	168 000	148 000	15 000	2 000
Total Equity	198 000	178 000	45 000	27 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	297 000	293 000	93 000	32 000
Total Equity and Debt	495 000	470 000	138 000	59 000

Cash flow (NOK)	2021	2020	2019	2018
Sales Income	1 877 000	1 357 000	949 000	85 000
Other Income	0	0	0	0
Revenue	1 877 000	1 357 000	949 000	85 000
Cost of Goods Sold	679 000	429 000	329 000	39 000
Salary Costs	955 000	631 000	456 000	0
Depreciation	0	9 000	9 000	9 000
Impairment	0	0	0	0
Expenditure	1 847 000	1 185 000	920 000	82 000
Operating Profit	31 000	171 000	28 000	3 000
Financial Income	0	0	0	0
Financial Costs	5 000	2 000	4 000	0
Financial Balance	−5 000	−2 000	−4 000	0
Dividends	0	0	0	0
Net Income	21 000	132 000	18 000	2 000

Balance details (NOK)	2021	2020	2019	2018
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	0	0	9 000	19 000
Total Tangible Assets	0	0	9 000	19 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	9 000	19 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	215 000	270 000	68 000	22 000
Total Current Assets	495 000	470 000	129 000	40 000
Total Assets	495 000	470 000	138 000	59 000
Total Equity	198 000	178 000	45 000	27 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	54 000	38 000	21 000	5 000
Unpaid Taxes	56 000	108 000	71 000	0
Dividends	0	0	0	0
Other Current Debt	183 000	117 000	−4 000	27 000
Total Current Debt	297 000	293 000	93 000	32 000
Total Equity and Debt	495 000	470 000	138 000	59 000

Financial indicators	2021	2020	2019	2018
Return on Equity	10,61 %	74,16 %	40 %	7,41 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	1,65 %	12,6 %	2,95 %	3,53 %
Current Ratio	1,67	1,6	1,39	1,25
Quick Ratio	1,67	1,6	1,39	1,25
Equity Ratio	0,4	0,38	0,33	0,46
Gross Profit Margin	63,83 %	68,39 %	65,33 %	54,12 %