CHINA PALACE HAUGESUND AS

5525 HAUGESUND

Finances

Share Ownership

Return on Equity

13,77 %

Current Ratio

2,07

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 800 000	12 140 000	10 449 000	12 379 000
Net Income	261 000	206 000	417 000	828 000
Total Assets	3 566 000	3 718 000	3 796 000	3 595 000
Total Equity	1 895 000	1 634 000	2 029 000	1 612 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 800 000	12 140 000	10 449 000	12 379 000
Expenditure	13 474 000	11 860 000	9 912 000	11 318 000
Operating Profit	327 000	279 000	536 000	1 060 000
Financial Income	10 000	3 000	7 000	13 000
Financial Costs	5 000	18 000	9 000	12 000
Financial Balance	5 000	−15 000	−2 000	1 000
Earnings Before Tax	332 000	264 000	535 000	1 061 000
Tax	71 000	58 000	118 000	234 000
Net Income	261 000	206 000	417 000	828 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	107 000	157 000	196 000	245 000
Total Current Assets	3 460 000	3 561 000	3 601 000	3 350 000
Total Assets	3 566 000	3 718 000	3 796 000	3 595 000
Total Retained Equity	1 835 000	1 574 000	1 969 000	1 552 000
Total Equity	1 895 000	1 634 000	2 029 000	1 612 000
Total Long-Term Debt	1 000	6 000	7 000	9 000
Total Current Debt	1 671 000	2 078 000	1 761 000	1 974 000
Total Equity and Debt	3 566 000	3 718 000	3 796 000	3 595 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	13 680 000	11 825 000	10 192 000	12 268 000
Other Income	120 000	314 000	257 000	111 000
Revenue	13 800 000	12 140 000	10 449 000	12 379 000
Cost of Goods Sold	4 685 000	3 953 000	3 142 000	3 785 000
Salary Costs	5 746 000	5 705 000	4 797 000	5 507 000
Depreciation	50 000	39 000	49 000	52 000
Impairment	0	0	0	0
Expenditure	13 474 000	11 860 000	9 912 000	11 318 000
Operating Profit	327 000	279 000	536 000	1 060 000
Financial Income	10 000	3 000	7 000	13 000
Financial Costs	5 000	18 000	9 000	12 000
Financial Balance	5 000	−15 000	−2 000	1 000
Dividends	0	600 000	0	0
Net Income	261 000	206 000	417 000	828 000

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	107 000	157 000	196 000	245 000
Total Tangible Assets	107 000	157 000	196 000	245 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	107 000	157 000	196 000	245 000
Stock	227 000	204 000	157 000	142 000
Total Investments	0	0	0	0
Cash, Bank	3 103 000	3 213 000	3 311 000	3 070 000
Total Current Assets	3 460 000	3 561 000	3 601 000	3 350 000
Total Assets	3 566 000	3 718 000	3 796 000	3 595 000
Total Equity	1 895 000	1 634 000	2 029 000	1 612 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 000	6 000	7 000	9 000
Creditors	605 000	493 000	362 000	217 000
Unpaid Taxes	453 000	723 000	568 000	512 000
Dividends	0	600 000	0	0
Other Current Debt	536 000	802 000	711 000	1 010 000
Total Current Debt	1 671 000	2 078 000	1 761 000	1 974 000
Total Equity and Debt	3 566 000	3 718 000	3 796 000	3 595 000

Financial indicators	2022	2021	2020	2019
Return on Equity	13,77 %	12,61 %	20,55 %	51,36 %
Debt-to-Equity Ratio	0	0	0	0,01
Operating Profit Margin	2,37 %	2,3 %	5,13 %	8,56 %
Current Ratio	2,07	1,71	2,04	1,7
Quick Ratio	2,4	1,9	2,25	1,83
Equity Ratio	0,53	0,44	0,53	0,45
Gross Profit Margin	66,05 %	67,44 %	69,93 %	69,42 %