CHINA PALACE AS

5014 BERGEN

Finances

Share Ownership

Return on Equity

26,72 %

Current Ratio

1,06

Debt-to-Equity Ratio

0,04

Key figures (NOK)	2022	2021	2020	2019
Revenue	32 926 000	27 447 000	23 178 000	30 706 000
Net Income	757 000	395 000	551 000	2 656 000
Total Assets	10 473 000	9 620 000	9 495 000	17 481 000
Total Equity	2 833 000	2 871 000	2 805 000	3 056 000

Income (NOK)	2022	2021	2020	2019
Revenue	32 926 000	27 447 000	23 178 000	30 706 000
Expenditure	31 954 000	26 937 000	22 452 000	27 450 000
Operating Profit	973 000	510 000	727 000	3 256 000
Financial Income	131 000	94 000	178 000	348 000
Financial Costs	133 000	96 000	117 000	197 000
Financial Balance	−2 000	−2 000	61 000	151 000
Earnings Before Tax	971 000	507 000	788 000	3 407 000
Tax	214 000	112 000	237 000	752 000
Net Income	757 000	395 000	551 000	2 656 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 457 000	2 840 000	2 626 000	2 959 000
Total Current Assets	8 017 000	6 780 000	6 868 000	14 522 000
Total Assets	10 473 000	9 620 000	9 495 000	17 481 000
Total Retained Equity	2 733 000	2 771 000	2 705 000	2 956 000
Total Equity	2 833 000	2 871 000	2 805 000	3 056 000
Total Long-Term Debt	102 000	113 000	94 000	83 000
Total Current Debt	7 538 000	6 637 000	6 596 000	14 343 000
Total Equity and Debt	10 473 000	9 620 000	9 495 000	17 481 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	31 976 000	25 821 000	20 887 000	29 654 000
Other Income	950 000	1 626 000	2 291 000	1 052 000
Revenue	32 926 000	27 447 000	23 178 000	30 706 000
Cost of Goods Sold	8 082 000	6 937 000	5 284 000	6 742 000
Salary Costs	13 416 000	10 504 000	7 917 000	11 617 000
Depreciation	533 000	467 000	450 000	456 000
Impairment	0	0	0	0
Expenditure	31 954 000	26 937 000	22 452 000	27 450 000
Operating Profit	973 000	510 000	727 000	3 256 000
Financial Income	131 000	94 000	178 000	348 000
Financial Costs	133 000	96 000	117 000	197 000
Financial Balance	−2 000	−2 000	61 000	151 000
Dividends	795 000	330 000	801 000	2 575 000
Net Income	757 000	395 000	551 000	2 656 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	2 457 000	2 840 000	2 626 000	2 959 000
Total Tangible Assets	2 457 000	2 840 000	2 626 000	2 959 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	2 457 000	2 840 000	2 626 000	2 959 000
Stock	709 000	552 000	673 000	459 000
Total Investments	0	0	0	0
Cash, Bank	3 046 000	2 715 000	947 000	2 550 000
Total Current Assets	8 017 000	6 780 000	6 868 000	14 522 000
Total Assets	10 473 000	9 620 000	9 495 000	17 481 000
Total Equity	2 833 000	2 871 000	2 805 000	3 056 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	102 000	113 000	94 000	83 000
Creditors	1 458 000	1 075 000	826 000	1 741 000
Unpaid Taxes	1 565 000	1 200 000	603 000	1 405 000
Dividends	795 000	330 000	801 000	2 575 000
Other Current Debt	4 514 000	4 362 000	5 168 000	11 197 000
Total Current Debt	7 538 000	6 637 000	6 596 000	14 343 000
Total Equity and Debt	10 473 000	9 620 000	9 495 000	17 481 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,72 %	13,76 %	19,64 %	86,91 %
Debt-to-Equity Ratio	0,04	0,04	0,03	0,03
Operating Profit Margin	2,96 %	1,86 %	3,14 %	10,6 %
Current Ratio	1,06	1,02	1,04	1,01
Quick Ratio	1,17	1,11	1,16	1,05
Equity Ratio	0,27	0,3	0,3	0,17
Gross Profit Margin	75,45 %	74,73 %	77,2 %	78,04 %