CHINA GARDEN ZHUQUN XIE AS

3560 HEMSEDAL

Finances

Share Ownership

Return on Equity

−15,83 %

Current Ratio

2,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 753 000	1 731 000	1 715 000	1 911 000
Net Income	−107 000	119 000	144 000	149 000
Total Assets	1 074 000	1 176 000	1 047 000	929 000
Total Equity	676 000	983 000	864 000	719 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 753 000	1 731 000	1 715 000	1 911 000
Expenditure	1 862 000	1 580 000	1 533 000	1 722 000
Operating Profit	−109 000	150 000	182 000	189 000
Financial Income	2 000	1 000	4 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	4 000	2 000
Earnings Before Tax	−107 000	151 000	186 000	191 000
Tax	0	32 000	42 000	42 000
Net Income	−107 000	119 000	144 000	149 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	14 000
Total Current Assets	1 074 000	1 176 000	1 047 000	915 000
Total Assets	1 074 000	1 176 000	1 047 000	929 000
Total Retained Equity	646 000	953 000	834 000	689 000
Total Equity	676 000	983 000	864 000	719 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	398 000	193 000	183 000	209 000
Total Equity and Debt	1 074 000	1 176 000	1 047 000	929 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 753 000	1 731 000	1 684 000	1 911 000
Other Income	0	0	31 000	0
Revenue	1 753 000	1 731 000	1 715 000	1 911 000
Cost of Goods Sold	435 000	404 000	415 000	445 000
Salary Costs	950 000	739 000	714 000	864 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 862 000	1 580 000	1 533 000	1 722 000
Operating Profit	−109 000	150 000	182 000	189 000
Financial Income	2 000	1 000	4 000	2 000
Financial Costs	0	0	0	0
Financial Balance	2 000	1 000	4 000	2 000
Dividends	200 000	0	0	0
Net Income	−107 000	119 000	144 000	149 000

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	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	14 000
Total Fixed Assets	0	0	0	14 000
Stock	52 000	63 000	31 000	47 000
Total Investments	0	0	0	0
Cash, Bank	999 000	1 094 000	1 000 000	807 000
Total Current Assets	1 074 000	1 176 000	1 047 000	915 000
Total Assets	1 074 000	1 176 000	1 047 000	929 000
Total Equity	676 000	983 000	864 000	719 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 000	8 000	7 000	27 000
Unpaid Taxes	86 000	70 000	60 000	50 000
Dividends	200 000	0	0	0
Other Current Debt	111 000	82 000	74 000	90 000
Total Current Debt	398 000	193 000	183 000	209 000
Total Equity and Debt	1 074 000	1 176 000	1 047 000	929 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−15,83 %	12,11 %	16,67 %	20,72 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−6,22 %	8,67 %	10,61 %	9,89 %
Current Ratio	2,7	6,09	5,72	4,38
Quick Ratio	3,1	9,05	6,89	5,65
Equity Ratio	0,63	0,84	0,83	0,77
Gross Profit Margin	75,19 %	76,66 %	75,8 %	76,71 %