CHANG CHENG AS

1607 FREDRIKSTAD

Finances

Share Ownership

Return on Equity

7,85 %

Current Ratio

2,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	8 473 000	7 069 000	6 540 000	9 339 000
Net Income	132 000	373 000	−44 000	123 000
Total Assets	2 818 000	2 338 000	1 773 000	2 146 000
Total Equity	1 682 000	1 550 000	1 177 000	1 222 000

Income (NOK)	2022	2021	2020	2019
Revenue	8 473 000	7 069 000	6 540 000	9 339 000
Expenditure	8 302 000	6 587 000	6 590 000	9 170 000
Operating Profit	172 000	482 000	−50 000	169 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Earnings Before Tax	172 000	482 000	−50 000	169 000
Tax	40 000	109 000	−5 000	46 000
Net Income	132 000	373 000	−44 000	123 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	368 000	490 000	637 000	669 000
Total Current Assets	2 450 000	1 849 000	1 136 000	1 476 000
Total Assets	2 818 000	2 338 000	1 773 000	2 146 000
Total Retained Equity	1 582 000	1 450 000	1 077 000	1 122 000
Total Equity	1 682 000	1 550 000	1 177 000	1 222 000
Total Long-Term Debt	8 000	16 000	0	0
Total Current Debt	1 128 000	772 000	596 000	924 000
Total Equity and Debt	2 818 000	2 338 000	1 773 000	2 146 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	8 278 000	6 221 000	6 073 000	9 339 000
Other Income	196 000	848 000	467 000	0
Revenue	8 473 000	7 069 000	6 540 000	9 339 000
Cost of Goods Sold	2 263 000	1 673 000	1 659 000	2 582 000
Salary Costs	3 781 000	2 958 000	2 956 000	4 613 000
Depreciation	122 000	134 000	128 000	116 000
Impairment	0	0	0	0
Expenditure	8 302 000	6 587 000	6 590 000	9 170 000
Operating Profit	172 000	482 000	−50 000	169 000
Financial Income	0	0	0	1 000
Financial Costs	0	0	0	0
Financial Balance	0	0	0	1 000
Dividends	0	0	0	0
Net Income	132 000	373 000	−44 000	123 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	33 000	28 000
Real Eastate	207 000	257 000	306 000	356 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	161 000	233 000	297 000	286 000
Total Tangible Assets	368 000	490 000	604 000	642 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	368 000	490 000	637 000	669 000
Stock	264 000	194 000	193 000	201 000
Total Investments	0	0	0	0
Cash, Bank	2 090 000	1 604 000	611 000	1 211 000
Total Current Assets	2 450 000	1 849 000	1 136 000	1 476 000
Total Assets	2 818 000	2 338 000	1 773 000	2 146 000
Total Equity	1 682 000	1 550 000	1 177 000	1 222 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	8 000	16 000	0	0
Creditors	303 000	81 000	66 000	69 000
Unpaid Taxes	341 000	325 000	233 000	458 000
Dividends	0	0	0	0
Other Current Debt	436 000	307 000	298 000	397 000
Total Current Debt	1 128 000	772 000	596 000	924 000
Total Equity and Debt	2 818 000	2 338 000	1 773 000	2 146 000

Financial indicators	2022	2021	2020	2019
Return on Equity	7,85 %	24,06 %	−3,74 %	10,07 %
Debt-to-Equity Ratio	0	0,01	0	0
Operating Profit Margin	2,03 %	6,82 %	−0,76 %	1,81 %
Current Ratio	2,17	2,4	1,91	1,6
Quick Ratio	2,84	3,2	2,82	2,04
Equity Ratio	0,6	0,66	0,66	0,57
Gross Profit Margin	73,29 %	76,33 %	74,63 %	72,35 %