XIN CHAO AS

0179 OSLO

Finances

Share Ownership

Return on Equity

19,05 %

Current Ratio

Debt-to-Equity Ratio

−0

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 796 000	4 698 000	416 000	0
Net Income	−208 000	260 000	−1 048 000	−344 000
Total Assets	433 000	634 000	723 000	449 000
Total Equity	−1 092 000	−884 000	−1 144 000	−97 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 796 000	4 698 000	416 000	0
Expenditure	5 002 000	4 438 000	1 464 000	344 000
Operating Profit	−205 000	261 000	−1 048 000	−344 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Earnings Before Tax	−208 000	260 000	−1 048 000	−344 000
Tax	0	0	0	0
Net Income	−208 000	260 000	−1 048 000	−344 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	433 000	527 000	458 000	272 000
Total Current Assets	0	107 000	265 000	177 000
Total Assets	433 000	634 000	723 000	449 000
Total Retained Equity	−1 392 000	−1 184 000	−1 444 000	−397 000
Total Equity	−1 092 000	−884 000	−1 144 000	−97 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 525 000	1 518 000	1 868 000	546 000
Total Equity and Debt	433 000	634 000	723 000	449 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 588 000	4 531 000	416 000	0
Other Income	208 000	167 000	0	0
Revenue	4 796 000	4 698 000	416 000	0
Cost of Goods Sold	1 268 000	1 331 000	316 000	0
Salary Costs	1 679 000	1 460 000	337 000	0
Depreciation	207 000	109 000	82 000	35 000
Impairment	0	0	0	0
Expenditure	5 002 000	4 438 000	1 464 000	344 000
Operating Profit	−205 000	261 000	−1 048 000	−344 000
Financial Income	0	0	0	0
Financial Costs	2 000	0	0	0
Financial Balance	−2 000	0	0	0
Dividends	0	0	0	0
Net Income	−208 000	260 000	−1 048 000	−344 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	−111 000	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	544 000	527 000	458 000	272 000
Total Tangible Assets	433 000	527 000	458 000	272 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	433 000	527 000	458 000	272 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	−47 000	103 000	243 000	143 000
Total Current Assets	0	107 000	265 000	177 000
Total Assets	433 000	634 000	723 000	449 000
Total Equity	−1 092 000	−884 000	−1 144 000	−97 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	−23 000	53 000	136 000	−21 000
Unpaid Taxes	80 000	166 000	64 000	0
Dividends	0	0	0	0
Other Current Debt	1 468 000	1 299 000	1 667 000	567 000
Total Current Debt	1 525 000	1 518 000	1 868 000	546 000
Total Equity and Debt	433 000	634 000	723 000	449 000

Financial indicators	2022	2021	2020	2019
Return on Equity	19,05 %	−29,41 %	91,61 %	354,64 %
Debt-to-Equity Ratio	−0	−0	−0	−0
Operating Profit Margin	−4,27 %	5,56 %	−251,92 %	-
Current Ratio	0	0,07	0,14	0,32
Quick Ratio	0	0,07	0,14	0,32
Equity Ratio	−2,52	−1,39	−1,58	−0,22
Gross Profit Margin	73,56 %	71,67 %	24,04 %	-