NEW CHINA HOUSE AS

7714 STEINKJER

Finances

Share Ownership

Return on Equity

6,21 %

Current Ratio

1,09

Debt-to-Equity Ratio

0,57

Key figures (NOK)	2022	2021	2020
Revenue	3 158 000	2 447 000	742 000
Net Income	9 000	50 000	55 000
Total Assets	679 000	544 000	673 000
Total Equity	145 000	135 000	85 000

Income (NOK)	2022	2021	2020
Revenue	3 158 000	2 447 000	742 000
Expenditure	3 142 000	2 378 000	672 000
Operating Profit	16 000	69 000	70 000
Financial Income	0	0	0
Financial Costs	4 000	5 000	0
Financial Balance	−4 000	−5 000	0
Earnings Before Tax	12 000	64 000	70 000
Tax	3 000	14 000	14 000
Net Income	9 000	50 000	55 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	185 000	247 000	268 000
Total Current Assets	494 000	297 000	405 000
Total Assets	679 000	544 000	673 000
Total Retained Equity	115 000	105 000	55 000
Total Equity	145 000	135 000	85 000
Total Long-Term Debt	83 000	110 000	336 000
Total Current Debt	452 000	299 000	251 000
Total Equity and Debt	679 000	544 000	673 000

Cash flow (NOK)	2022	2021	2020
Sales Income	3 158 000	2 447 000	742 000
Other Income	0	0	0
Revenue	3 158 000	2 447 000	742 000
Cost of Goods Sold	760 000	587 000	187 000
Salary Costs	1 863 000	1 360 000	215 000
Depreciation	63 000	57 000	9 000
Impairment	0	0	0
Expenditure	3 142 000	2 378 000	672 000
Operating Profit	16 000	69 000	70 000
Financial Income	0	0	0
Financial Costs	4 000	5 000	0
Financial Balance	−4 000	−5 000	0
Dividends	0	0	0
Net Income	9 000	50 000	55 000

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	185 000	247 000	268 000
Total Tangible Assets	185 000	247 000	268 000
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	185 000	247 000	268 000
Stock	58 000	41 000	21 000
Total Investments	0	0	0
Cash, Bank	423 000	252 000	384 000
Total Current Assets	494 000	297 000	405 000
Total Assets	679 000	544 000	673 000
Total Equity	145 000	135 000	85 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	83 000	110 000	336 000
Creditors	−16 000	7 000	25 000
Unpaid Taxes	312 000	133 000	102 000
Dividends	0	0	0
Other Current Debt	149 000	144 000	122 000
Total Current Debt	452 000	299 000	251 000
Total Equity and Debt	679 000	544 000	673 000

Financial indicators	2022	2021	2020
Return on Equity	6,21 %	37,04 %	64,71 %
Debt-to-Equity Ratio	0,57	0,81	3,95
Operating Profit Margin	0,51 %	2,82 %	9,43 %
Current Ratio	1,09	0,99	1,61
Quick Ratio	1,25	1,15	1,76
Equity Ratio	0,21	0,25	0,13
Gross Profit Margin	75,93 %	76,01 %	74,8 %