CHON JI TAEKWONDO ACADEMY AS

3300 HOKKSUND

Finances

Share Ownership

Return on Equity

−586,49 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 109 000	1 025 000	1 241 000	1 811 000
Net Income	−217 000	49 000	−42 000	129 000
Total Assets	514 000	463 000	533 000	495 000
Total Equity	37 000	254 000	206 000	248 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 109 000	1 025 000	1 241 000	1 811 000
Expenditure	1 325 000	962 000	1 283 000	1 644 000
Operating Profit	−216 000	62 000	−43 000	168 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	0
Financial Balance	−3 000	0	−1 000	0
Earnings Before Tax	−218 000	62 000	−44 000	168 000
Tax	−1 000	14 000	−1 000	39 000
Net Income	−217 000	49 000	−42 000	129 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	29 000	41 000	33 000	43 000
Total Current Assets	485 000	421 000	499 000	452 000
Total Assets	514 000	463 000	533 000	495 000
Total Retained Equity	15 000	233 000	184 000	227 000
Total Equity	37 000	254 000	206 000	248 000
Total Long-Term Debt	0	0	0	1 000
Total Current Debt	477 000	208 000	327 000	246 000
Total Equity and Debt	514 000	463 000	533 000	495 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 109 000	938 000	1 241 000	1 811 000
Other Income	0	87 000	0	0
Revenue	1 109 000	1 025 000	1 241 000	1 811 000
Cost of Goods Sold	227 000	307 000	154 000	617 000
Salary Costs	355 000	141 000	234 000	0
Depreciation	14 000	11 000	10 000	7 000
Impairment	0	0	0	0
Expenditure	1 325 000	962 000	1 283 000	1 644 000
Operating Profit	−216 000	62 000	−43 000	168 000
Financial Income	0	0	0	0
Financial Costs	3 000	0	1 000	0
Financial Balance	−3 000	0	−1 000	0
Dividends	0	0	0	0
Net Income	−217 000	49 000	−42 000	129 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	1 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	28 000	41 000	33 000	43 000
Total Tangible Assets	28 000	41 000	33 000	43 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	29 000	41 000	33 000	43 000
Stock	329 000	246 000	283 000	308 000
Total Investments	0	0	0	0
Cash, Bank	139 000	134 000	54 000	33 000
Total Current Assets	485 000	421 000	499 000	452 000
Total Assets	514 000	463 000	533 000	495 000
Total Equity	37 000	254 000	206 000	248 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	1 000
Creditors	97 000	33 000	171 000	16 000
Unpaid Taxes	50 000	25 000	34 000	40 000
Dividends	0	0	0	0
Other Current Debt	330 000	136 000	122 000	153 000
Total Current Debt	477 000	208 000	327 000	246 000
Total Equity and Debt	514 000	463 000	533 000	495 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−586,49 %	19,29 %	−20,39 %	52,02 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−19,48 %	6,05 %	−3,46 %	9,28 %
Current Ratio	1,02	2,02	1,53	1,84
Quick Ratio	3,28	−11,08	11,34	−7,29
Equity Ratio	0,07	0,55	0,39	0,5
Gross Profit Margin	79,53 %	70,05 %	87,59 %	65,93 %