CHINA PALACE AS

7800 NAMSOS

Finances

Share Ownership

Return on Equity

18,51 %

Current Ratio

5,39

Debt-to-Equity Ratio

0,19

Key figures (NOK)	2022	2021	2020	2019
Revenue	4 028 000	3 523 000	2 976 000	3 285 000
Net Income	620 000	577 000	318 000	511 000
Total Assets	4 614 000	4 356 000	4 535 000	4 387 000
Total Equity	3 349 000	2 729 000	3 302 000	2 984 000

Income (NOK)	2022	2021	2020	2019
Revenue	4 028 000	3 523 000	2 976 000	3 285 000
Expenditure	3 186 000	2 736 000	2 520 000	2 576 000
Operating Profit	843 000	787 000	456 000	709 000
Financial Income	9 000	2 000	7 000	12 000
Financial Costs	57 000	50 000	55 000	65 000
Financial Balance	−48 000	−48 000	−48 000	−53 000
Earnings Before Tax	795 000	740 000	407 000	655 000
Tax	175 000	163 000	90 000	144 000
Net Income	620 000	577 000	318 000	511 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	1 141 000	1 230 000	1 350 000	1 418 000
Total Current Assets	3 473 000	3 126 000	3 186 000	2 969 000
Total Assets	4 614 000	4 356 000	4 535 000	4 387 000
Total Retained Equity	3 249 000	2 629 000	3 202 000	2 884 000
Total Equity	3 349 000	2 729 000	3 302 000	2 984 000
Total Long-Term Debt	620 000	680 000	740 000	872 000
Total Current Debt	644 000	946 000	493 000	530 000
Total Equity and Debt	4 614 000	4 356 000	4 535 000	4 387 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	4 028 000	3 528 000	2 945 000	3 285 000
Other Income	0	−5 000	31 000	0
Revenue	4 028 000	3 523 000	2 976 000	3 285 000
Cost of Goods Sold	1 018 000	918 000	756 000	848 000
Salary Costs	1 450 000	1 212 000	1 200 000	1 010 000
Depreciation	111 000	196 000	212 000	180 000
Impairment	0	0	0	0
Expenditure	3 186 000	2 736 000	2 520 000	2 576 000
Operating Profit	843 000	787 000	456 000	709 000
Financial Income	9 000	2 000	7 000	12 000
Financial Costs	57 000	50 000	55 000	65 000
Financial Balance	−48 000	−48 000	−48 000	−53 000
Dividends	0	0	0	0
Net Income	620 000	577 000	318 000	511 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	75 000	67 000	42 000	15 000
Real Eastate	1 015 000	1 071 000	1 161 000	1 161 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	26 000	53 000	143 000	242 000
Total Tangible Assets	1 041 000	1 124 000	1 304 000	1 403 000
Total Fiancial Fixed Assets	25 000	39 000	5 000	0
Total Fixed Assets	1 141 000	1 230 000	1 350 000	1 418 000
Stock	26 000	19 000	13 000	14 000
Total Investments	0	0	0	0
Cash, Bank	3 400 000	3 079 000	3 130 000	2 923 000
Total Current Assets	3 473 000	3 126 000	3 186 000	2 969 000
Total Assets	4 614 000	4 356 000	4 535 000	4 387 000
Total Equity	3 349 000	2 729 000	3 302 000	2 984 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	620 000	680 000	740 000	872 000
Creditors	86 000	77 000	63 000	70 000
Unpaid Taxes	118 000	116 000	93 000	118 000
Dividends	0	0	0	0
Other Current Debt	257 000	565 000	222 000	180 000
Total Current Debt	644 000	946 000	493 000	530 000
Total Equity and Debt	4 614 000	4 356 000	4 535 000	4 387 000

Financial indicators	2022	2021	2020	2019
Return on Equity	18,51 %	21,14 %	9,63 %	17,12 %
Debt-to-Equity Ratio	0,19	0,25	0,22	0,29
Operating Profit Margin	20,93 %	22,34 %	15,32 %	21,58 %
Current Ratio	5,39	3,3	6,46	5,6
Quick Ratio	5,62	3,37	6,64	5,75
Equity Ratio	0,73	0,63	0,73	0,68
Gross Profit Margin	74,73 %	73,94 %	74,6 %	74,19 %