CHINA GARDEN AS

4050 SOLA

Finances

Share Ownership

Return on Equity

20,9 %

Current Ratio

1,12

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Net Income	403 000	419 000	406 000	388 000
Total Assets	2 934 000	2 488 000	2 442 000	4 648 000
Total Equity	1 928 000	1 662 000	1 418 000	1 312 000

Income (NOK)	2022	2021	2020	2019
Revenue	600 000	600 000	600 000	600 000
Expenditure	83 000	89 000	97 000	64 000
Operating Profit	517 000	511 000	504 000	536 000
Financial Income	0	0	0	0
Financial Costs	0	21 000	33 000	39 000
Financial Balance	0	−21 000	−33 000	−39 000
Earnings Before Tax	517 000	490 000	470 000	497 000
Tax	114 000	71 000	65 000	109 000
Net Income	403 000	419 000	406 000	388 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 902 000	1 945 000	2 439 000	2 037 000
Total Current Assets	1 032 000	543 000	3 000	2 611 000
Total Assets	2 934 000	2 488 000	2 442 000	4 648 000
Total Retained Equity	1 828 000	1 562 000	1 318 000	1 212 000
Total Equity	1 928 000	1 662 000	1 418 000	1 312 000
Total Long-Term Debt	81 000	81 000	564 000	585 000
Total Current Debt	924 000	744 000	460 000	2 751 000
Total Equity and Debt	2 934 000	2 488 000	2 442 000	4 648 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	600 000	600 000	600 000	600 000
Other Income	0	0	0	0
Revenue	600 000	600 000	600 000	600 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	43 000	45 000	47 000	42 000
Impairment	0	0	0	0
Expenditure	83 000	89 000	97 000	64 000
Operating Profit	517 000	511 000	504 000	536 000
Financial Income	0	0	0	0
Financial Costs	0	21 000	33 000	39 000
Financial Balance	0	−21 000	−33 000	−39 000
Dividends	0	0	0	0
Net Income	403 000	419 000	406 000	388 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	1 902 000	1 945 000	1 990 000	2 037 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	1 902 000	1 945 000	1 990 000	2 037 000
Total Fiancial Fixed Assets	0	0	449 000	0
Total Fixed Assets	1 902 000	1 945 000	2 439 000	2 037 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	0	12 000	3 000	60 000
Total Current Assets	1 032 000	543 000	3 000	2 611 000
Total Assets	2 934 000	2 488 000	2 442 000	4 648 000
Total Equity	1 928 000	1 662 000	1 418 000	1 312 000
Short-Term Group Debt	176 000	174 000	300 000	240 000
Total Long-Term Debt	81 000	81 000	564 000	585 000
Creditors	0	0	0	0
Unpaid Taxes	25 000	25 000	23 000	25 000
Dividends	0	0	0	0
Other Current Debt	648 000	474 000	1 000	2 414 000
Total Current Debt	924 000	744 000	460 000	2 751 000
Total Equity and Debt	2 934 000	2 488 000	2 442 000	4 648 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,9 %	25,21 %	28,63 %	29,57 %
Debt-to-Equity Ratio	0,04	0,05	0,4	0,45
Operating Profit Margin	86,17 %	85,17 %	84 %	89,33 %
Current Ratio	1,12	0,73	0,01	0,95
Quick Ratio	1,12	0,73	0,01	0,95
Equity Ratio	0,66	0,67	0,58	0,28
Gross Profit Margin	100 %	100 %	100 %	100 %