CHOI & LEE AS

9008 TROMSØ

Finances

Share Ownership

Return on Equity

2,6 %

Current Ratio

0,62

Debt-to-Equity Ratio

−0,96

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 670 000	2 326 000	2 687 000	1 465 000
Net Income	−21 000	15 000	74 000	−109 000
Total Assets	152 000	158 000	160 000	133 000
Total Equity	−809 000	−788 000	−803 000	−877 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 670 000	2 326 000	2 687 000	1 465 000
Expenditure	2 691 000	2 308 000	2 612 000	1 575 000
Operating Profit	−21 000	17 000	75 000	−110 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	3 000	5 000	4 000	2 000
Financial Balance	0	−2 000	−1 000	1 000
Earnings Before Tax	−21 000	15 000	74 000	−109 000
Tax	0	0	0	0
Net Income	−21 000	15 000	74 000	−109 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	40 000	42 000	44 000	46 000
Total Current Assets	112 000	116 000	116 000	87 000
Total Assets	152 000	158 000	160 000	133 000
Total Retained Equity	−1 085 000	−1 064 000	−1 080 000	−1 153 000
Total Equity	−809 000	−788 000	−803 000	−877 000
Total Long-Term Debt	780 000	767 000	765 000	670 000
Total Current Debt	181 000	180 000	198 000	340 000
Total Equity and Debt	152 000	158 000	160 000	133 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 670 000	2 266 000	2 687 000	1 465 000
Other Income	0	60 000	0	0
Revenue	2 670 000	2 326 000	2 687 000	1 465 000
Cost of Goods Sold	514 000	384 000	552 000	246 000
Salary Costs	821 000	764 000	886 000	731 000
Depreciation	2 000	2 000	2 000	2 000
Impairment	0	0	0	0
Expenditure	2 691 000	2 308 000	2 612 000	1 575 000
Operating Profit	−21 000	17 000	75 000	−110 000
Financial Income	3 000	3 000	3 000	3 000
Financial Costs	3 000	5 000	4 000	2 000
Financial Balance	0	−2 000	−1 000	1 000
Dividends	0	0	0	0
Net Income	−21 000	15 000	74 000	−109 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	40 000	42 000	44 000	46 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	40 000	42 000	44 000	46 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	40 000	42 000	44 000	46 000
Stock	14 000	10 000	12 000	15 000
Total Investments	0	0	0	0
Cash, Bank	42 000	67 000	72 000	38 000
Total Current Assets	112 000	116 000	116 000	87 000
Total Assets	152 000	158 000	160 000	133 000
Total Equity	−809 000	−788 000	−803 000	−877 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	780 000	767 000	765 000	670 000
Creditors	81 000	70 000	97 000	52 000
Unpaid Taxes	90 000	105 000	101 000	161 000
Dividends	0	0	0	0
Other Current Debt	11 000	5 000	0	127 000
Total Current Debt	181 000	180 000	198 000	340 000
Total Equity and Debt	152 000	158 000	160 000	133 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,6 %	−1,9 %	−9,22 %	12,43 %
Debt-to-Equity Ratio	−0,96	−0,97	−0,95	−0,76
Operating Profit Margin	−0,79 %	0,73 %	2,79 %	−7,51 %
Current Ratio	0,62	0,64	0,59	0,26
Quick Ratio	0,67	0,68	0,62	0,27
Equity Ratio	−5,32	−4,99	−5,02	−6,59
Gross Profit Margin	80,75 %	83,49 %	79,46 %	83,21 %