GANGNAM KOREAN RESTAURANT AS

0270 OSLO

Finances

Share Ownership

Return on Equity

22,81 %

Current Ratio

2,71

Debt-to-Equity Ratio

1,23

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 751 000	5 909 000	4 684 000	6 010 000
Net Income	278 000	457 000	514 000	1 009 000
Total Assets	4 251 000	3 337 000	2 357 000	2 018 000
Total Equity	1 219 000	941 000	484 000	−29 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 751 000	5 909 000	4 684 000	6 010 000
Expenditure	8 403 000	5 332 000	4 028 000	4 972 000
Operating Profit	349 000	578 000	656 000	1 038 000
Financial Income	0	3 000	0	0
Financial Costs	1 000	4 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Earnings Before Tax	348 000	576 000	655 000	1 038 000
Tax	70 000	119 000	142 000	29 000
Net Income	278 000	457 000	514 000	1 009 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	102 000	79 000	46 000	75 000
Total Current Assets	4 148 000	3 258 000	2 311 000	1 943 000
Total Assets	4 251 000	3 337 000	2 357 000	2 018 000
Total Retained Equity	1 189 000	911 000	454 000	−59 000
Total Equity	1 219 000	941 000	484 000	−29 000
Total Long-Term Debt	1 502 000	1 502 000	1 502 000	1 502 000
Total Current Debt	1 530 000	894 000	371 000	546 000
Total Equity and Debt	4 251 000	3 337 000	2 357 000	2 018 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 751 000	5 408 000	4 351 000	5 447 000
Other Income	0	501 000	333 000	563 000
Revenue	8 751 000	5 909 000	4 684 000	6 010 000
Cost of Goods Sold	2 022 000	1 274 000	853 000	1 075 000
Salary Costs	3 744 000	2 260 000	1 241 000	2 010 000
Depreciation	39 000	17 000	61 000	176 000
Impairment	0	0	0	0
Expenditure	8 403 000	5 332 000	4 028 000	4 972 000
Operating Profit	349 000	578 000	656 000	1 038 000
Financial Income	0	3 000	0	0
Financial Costs	1 000	4 000	1 000	0
Financial Balance	−1 000	−1 000	−1 000	0
Dividends	0	0	0	0
Net Income	278 000	457 000	514 000	1 009 000

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	102 000	79 000	46 000	75 000
Total Tangible Assets	102 000	79 000	46 000	75 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	102 000	79 000	46 000	75 000
Stock	259 000	247 000	86 000	74 000
Total Investments	0	0	0	0
Cash, Bank	3 825 000	2 879 000	2 083 000	1 825 000
Total Current Assets	4 148 000	3 258 000	2 311 000	1 943 000
Total Assets	4 251 000	3 337 000	2 357 000	2 018 000
Total Equity	1 219 000	941 000	484 000	−29 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 502 000	1 502 000	1 502 000	1 502 000
Creditors	251 000	161 000	47 000	85 000
Unpaid Taxes	916 000	403 000	59 000	272 000
Dividends	0	0	0	0
Other Current Debt	293 000	211 000	124 000	160 000
Total Current Debt	1 530 000	894 000	371 000	546 000
Total Equity and Debt	4 251 000	3 337 000	2 357 000	2 018 000

Financial indicators	2022	2021	2020	2019
Return on Equity	22,81 %	48,57 %	106,2 %	−3 479,31 %
Debt-to-Equity Ratio	1,23	1,6	3,1	−51,79
Operating Profit Margin	3,99 %	9,78 %	14,01 %	17,27 %
Current Ratio	2,71	3,64	6,23	3,56
Quick Ratio	3,26	5,04	8,11	4,12
Equity Ratio	0,29	0,28	0,21	−0,01
Gross Profit Margin	76,89 %	78,44 %	81,79 %	82,11 %