CHINA TRADING AS

4051 SOLA

Finances

Return on Equity

−87,33 %

Current Ratio

0,28

Debt-to-Equity Ratio

1,86

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	202 000	305 000	400 000
Net Income	−262 000	−99 000	52 000	−204 000
Total Assets	1 135 000	1 401 000	1 714 000	1 755 000
Total Equity	300 000	562 000	662 000	610 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	202 000	305 000	400 000
Expenditure	314 000	313 000	228 000	647 000
Operating Profit	−323 000	−118 000	77 000	−246 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	9 000	11 000	15 000
Financial Balance	−13 000	−9 000	−11 000	−14 000
Earnings Before Tax	−336 000	−127 000	66 000	−261 000
Tax	−74 000	−28 000	15 000	−57 000
Net Income	−262 000	−99 000	52 000	−204 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 059 000	1 253 000	1 447 000	1 618 000
Total Current Assets	76 000	149 000	266 000	138 000
Total Assets	1 135 000	1 401 000	1 714 000	1 755 000
Total Retained Equity	−50 000	212 000	312 000	260 000
Total Equity	300 000	562 000	662 000	610 000
Total Long-Term Debt	559 000	730 000	912 000	1 004 000
Total Current Debt	275 000	109 000	140 000	141 000
Total Equity and Debt	1 135 000	1 401 000	1 714 000	1 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	202 000	305 000	400 000
Other Income	0	0	0	0
Revenue	0	202 000	305 000	400 000
Cost of Goods Sold	0	0	8 000	344 000
Salary Costs	54 000	43 000	58 000	150 000
Depreciation	193 000	195 000	91 000	91 000
Impairment	0	0	0	0
Expenditure	314 000	313 000	228 000	647 000
Operating Profit	−323 000	−118 000	77 000	−246 000
Financial Income	0	0	0	1 000
Financial Costs	13 000	9 000	11 000	15 000
Financial Balance	−13 000	−9 000	−11 000	−14 000
Dividends	0	0	0	0
Net Income	−262 000	−99 000	52 000	−204 000

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	15 000	31 000	47 000
Fixtures	363 000	542 000	720 000	795 000
Total Tangible Assets	363 000	556 000	751 000	842 000
Total Fiancial Fixed Assets	696 000	696 000	696 000	776 000
Total Fixed Assets	1 059 000	1 253 000	1 447 000	1 618 000
Stock	35 000	43 000	51 000	59 000
Total Investments	0	0	0	0
Cash, Bank	31 000	100 000	57 000	10 000
Total Current Assets	76 000	149 000	266 000	138 000
Total Assets	1 135 000	1 401 000	1 714 000	1 755 000
Total Equity	300 000	562 000	662 000	610 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	559 000	730 000	912 000	1 004 000
Creditors	19 000	18 000	4 000	32 000
Unpaid Taxes	51 000	51 000	113 000	8 000
Dividends	0	0	0	0
Other Current Debt	205 000	2 000	21 000	101 000
Total Current Debt	275 000	109 000	140 000	141 000
Total Equity and Debt	1 135 000	1 401 000	1 714 000	1 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−87,33 %	−17,62 %	7,85 %	−33,44 %
Debt-to-Equity Ratio	1,86	1,3	1,38	1,65
Operating Profit Margin	-	−58,42 %	25,25 %	−61,5 %
Current Ratio	0,28	1,37	1,9	0,98
Quick Ratio	0,32	2,26	2,99	1,68
Equity Ratio	0,26	0,4	0,39	0,35
Gross Profit Margin	-	100 %	97,38 %	14 %