CHINA SPRING AS

8450 STOKMARKNES

Finances

Share Ownership

Return on Equity

199,58 %

Current Ratio

1,32

Debt-to-Equity Ratio

−1,81

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 910 000	3 850 000	3 777 000	4 256 000
Net Income	−473 000	−133 000	3 000	226 000
Total Assets	563 000	721 000	1 015 000	931 000
Total Equity	−237 000	236 000	368 000	365 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 910 000	3 850 000	3 777 000	4 256 000
Expenditure	4 090 000	4 017 000	3 776 000	4 082 000
Operating Profit	−374 000	−164 000	11 000	244 000
Financial Income	1 000	0	0	0
Financial Costs	32 000	6 000	7 000	3 000
Financial Balance	−31 000	−6 000	−7 000	−3 000
Earnings Before Tax	−405 000	−170 000	4 000	242 000
Tax	68 000	−37 000	1 000	16 000
Net Income	−473 000	−133 000	3 000	226 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	71 000	192 000	329 000	484 000
Total Current Assets	491 000	529 000	686 000	447 000
Total Assets	563 000	721 000	1 015 000	931 000
Total Retained Equity	−467 000	6 000	138 000	135 000
Total Equity	−237 000	236 000	368 000	365 000
Total Long-Term Debt	429 000	198 000	342 000	161 000
Total Current Debt	371 000	288 000	304 000	405 000
Total Equity and Debt	563 000	721 000	1 015 000	931 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 725 000	3 534 000	3 449 000	3 848 000
Other Income	185 000	316 000	328 000	408 000
Revenue	3 910 000	3 850 000	3 777 000	4 256 000
Cost of Goods Sold	1 657 000	1 916 000	2 006 000	2 135 000
Salary Costs	1 544 000	1 421 000	1 082 000	1 212 000
Depreciation	60 000	209 000	205 000	203 000
Impairment	0	0	0	0
Expenditure	4 090 000	4 017 000	3 776 000	4 082 000
Operating Profit	−374 000	−164 000	11 000	244 000
Financial Income	1 000	0	0	0
Financial Costs	32 000	6 000	7 000	3 000
Financial Balance	−31 000	−6 000	−7 000	−3 000
Dividends	0	0	0	0
Net Income	−473 000	−133 000	3 000	226 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	50 000	202 000	354 000
Total Intangible Assets	0	118 000	233 000	364 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	71 000	74 000	96 000	119 000
Total Tangible Assets	71 000	74 000	96 000	119 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	71 000	192 000	329 000	484 000
Stock	128 000	322 000	318 000	308 000
Total Investments	0	0	0	0
Cash, Bank	349 000	181 000	327 000	79 000
Total Current Assets	491 000	529 000	686 000	447 000
Total Assets	563 000	721 000	1 015 000	931 000
Total Equity	−237 000	236 000	368 000	365 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	429 000	198 000	342 000	161 000
Creditors	37 000	89 000	94 000	60 000
Unpaid Taxes	183 000	76 000	55 000	52 000
Dividends	0	0	0	0
Other Current Debt	151 000	123 000	133 000	267 000
Total Current Debt	371 000	288 000	304 000	405 000
Total Equity and Debt	563 000	721 000	1 015 000	931 000

Financial indicators	2022	2021	2020	2019
Return on Equity	199,58 %	−56,36 %	0,82 %	61,92 %
Debt-to-Equity Ratio	−1,81	0,84	0,93	0,44
Operating Profit Margin	−9,57 %	−4,26 %	0,29 %	5,73 %
Current Ratio	1,32	1,84	2,26	1,1
Quick Ratio	2,02	−15,56	−49	4,61
Equity Ratio	−0,42	0,33	0,36	0,39
Gross Profit Margin	57,62 %	50,23 %	46,89 %	49,84 %