CHANG LEONARD AS

8370 LEKNES

Finances

Share Ownership

Return on Equity

49,88 %

Current Ratio

1,9

Debt-to-Equity Ratio

0,55

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 960 000	4 249 000	3 916 000	3 683 000
Net Income	203 000	172 000	159 000	69 000
Total Assets	1 317 000	1 203 000	1 553 000	1 457 000
Total Equity	407 000	205 000	523 000	364 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 960 000	4 249 000	3 916 000	3 683 000
Expenditure	3 699 000	4 012 000	3 661 000	3 530 000
Operating Profit	261 000	237 000	254 000	153 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	15 000	26 000	28 000
Financial Balance	−15 000	−15 000	−26 000	−27 000
Earnings Before Tax	246 000	222 000	228 000	126 000
Tax	43 000	50 000	70 000	57 000
Net Income	203 000	172 000	159 000	69 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	13 000	16 000	27 000	187 000
Total Current Assets	1 304 000	1 186 000	1 526 000	1 270 000
Total Assets	1 317 000	1 203 000	1 553 000	1 457 000
Total Retained Equity	377 000	175 000	493 000	334 000
Total Equity	407 000	205 000	523 000	364 000
Total Long-Term Debt	224 000	304 000	384 000	464 000
Total Current Debt	686 000	694 000	646 000	629 000
Total Equity and Debt	1 317 000	1 203 000	1 553 000	1 457 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 962 000	4 258 000	3 865 000	3 692 000
Other Income	−2 000	−9 000	51 000	−9 000
Revenue	3 960 000	4 249 000	3 916 000	3 683 000
Cost of Goods Sold	364 000	482 000	535 000	511 000
Salary Costs	2 698 000	2 801 000	2 336 000	2 210 000
Depreciation	4 000	30 000	160 000	160 000
Impairment	0	0	0	0
Expenditure	3 699 000	4 012 000	3 661 000	3 530 000
Operating Profit	261 000	237 000	254 000	153 000
Financial Income	0	0	0	1 000
Financial Costs	15 000	15 000	26 000	28 000
Financial Balance	−15 000	−15 000	−26 000	−27 000
Dividends	0	490 000	0	500 000
Net Income	203 000	172 000	159 000	69 000

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	13 000	16 000	27 000	187 000
Total Tangible Assets	13 000	16 000	27 000	187 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	13 000	16 000	27 000	187 000
Stock	550 000	488 000	473 000	452 000
Total Investments	0	0	0	0
Cash, Bank	584 000	636 000	1 013 000	742 000
Total Current Assets	1 304 000	1 186 000	1 526 000	1 270 000
Total Assets	1 317 000	1 203 000	1 553 000	1 457 000
Total Equity	407 000	205 000	523 000	364 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	224 000	304 000	384 000	464 000
Creditors	73 000	64 000	75 000	110 000
Unpaid Taxes	275 000	277 000	241 000	227 000
Dividends	0	490 000	0	500 000
Other Current Debt	294 000	303 000	260 000	235 000
Total Current Debt	686 000	694 000	646 000	629 000
Total Equity and Debt	1 317 000	1 203 000	1 553 000	1 457 000

Financial indicators	2022	2021	2020	2019
Return on Equity	49,88 %	83,9 %	30,4 %	18,96 %
Debt-to-Equity Ratio	0,55	1,48	0,73	1,27
Operating Profit Margin	6,59 %	5,58 %	6,49 %	4,15 %
Current Ratio	1,9	1,71	2,36	2,02
Quick Ratio	9,59	5,76	8,82	7,18
Equity Ratio	0,31	0,17	0,34	0,25
Gross Profit Margin	90,81 %	88,66 %	86,34 %	86,13 %