CHINA HOUSE RESTAURANT AS

1738 BORGENHAUGEN

Finances

Share Ownership

Return on Equity

−255,17 %

Current Ratio

0,88

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	1 576 000	1 524 000	1 179 000
Net Income	−74 000	164 000	−85 000
Total Assets	193 000	268 000	135 000
Total Equity	29 000	103 000	−61 000

Income (NOK)	2022	2021	2020
Revenue	1 576 000	1 524 000	1 179 000
Expenditure	1 651 000	1 339 000	1 263 000
Operating Profit	−75 000	184 000	−85 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Earnings Before Tax	−75 000	184 000	−85 000
Tax	−2 000	21 000	0
Net Income	−74 000	164 000	−85 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	49 000	59 000	36 000
Total Current Assets	144 000	209 000	99 000
Total Assets	193 000	268 000	135 000
Total Retained Equity	−1 000	73 000	−91 000
Total Equity	29 000	103 000	−61 000
Total Long-Term Debt	0	2 000	0
Total Current Debt	163 000	164 000	195 000
Total Equity and Debt	193 000	268 000	135 000

Cash flow (NOK)	2022	2021	2020
Sales Income	1 504 000	1 337 000	1 151 000
Other Income	72 000	187 000	27 000
Revenue	1 576 000	1 524 000	1 179 000
Cost of Goods Sold	371 000	359 000	324 000
Salary Costs	807 000	534 000	548 000
Depreciation	11 000	8 000	2 000
Impairment	0	0	0
Expenditure	1 651 000	1 339 000	1 263 000
Operating Profit	−75 000	184 000	−85 000
Financial Income	0	0	0
Financial Costs	0	0	0
Financial Balance	0	0	0
Dividends	0	0	0
Net Income	−74 000	164 000	−85 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	0	0	0
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	49 000	59 000	36 000
Total Tangible Assets	49 000	59 000	36 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	49 000	59 000	36 000
Stock	65 000	42 000	33 000
Total Investments	0	0	0
Cash, Bank	71 000	137 000	60 000
Total Current Assets	144 000	209 000	99 000
Total Assets	193 000	268 000	135 000
Total Equity	29 000	103 000	−61 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	2 000	0
Creditors	1 000	18 000	19 000
Unpaid Taxes	97 000	55 000	63 000
Dividends	0	0	0
Other Current Debt	66 000	72 000	113 000
Total Current Debt	163 000	164 000	195 000
Total Equity and Debt	193 000	268 000	135 000

Financial indicators	2022	2021	2020
Return on Equity	−255,17 %	159,22 %	139,34 %
Debt-to-Equity Ratio	0	0,02	−0
Operating Profit Margin	−4,76 %	12,07 %	−7,21 %
Current Ratio	0,88	1,27	0,51
Quick Ratio	1,47	1,71	0,61
Equity Ratio	0,15	0,38	−0,45
Gross Profit Margin	76,46 %	76,44 %	72,52 %