HONG KONG RESTAURANT AS

4836 ARENDAL

Finances

Share Ownership

Return on Equity

40,65 %

Current Ratio

1,44

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 850 000	5 283 000	3 547 000	4 866 000
Net Income	385 000	403 000	−272 000	−296 000
Total Assets	2 149 000	1 516 000	835 000	1 322 000
Total Equity	947 000	562 000	160 000	431 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 850 000	5 283 000	3 547 000	4 866 000
Expenditure	6 354 000	4 765 000	3 893 000	5 243 000
Operating Profit	496 000	518 000	−347 000	−378 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	2 000	2 000	2 000
Financial Balance	−3 000	−2 000	−1 000	−1 000
Earnings Before Tax	493 000	516 000	−349 000	−379 000
Tax	108 000	114 000	−77 000	−83 000
Net Income	385 000	403 000	−272 000	−296 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	422 000	330 000	162 000	176 000
Total Current Assets	1 728 000	1 186 000	673 000	1 145 000
Total Assets	2 149 000	1 516 000	835 000	1 322 000
Total Retained Equity	547 000	162 000	−240 000	31 000
Total Equity	947 000	562 000	160 000	431 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 203 000	954 000	675 000	890 000
Total Equity and Debt	2 149 000	1 516 000	835 000	1 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 850 000	5 283 000	3 547 000	4 866 000
Other Income	0	0	0	0
Revenue	6 850 000	5 283 000	3 547 000	4 866 000
Cost of Goods Sold	2 155 000	1 685 000	1 109 000	1 583 000
Salary Costs	3 043 000	2 170 000	1 854 000	2 366 000
Depreciation	77 000	40 000	38 000	50 000
Impairment	0	0	0	0
Expenditure	6 354 000	4 765 000	3 893 000	5 243 000
Operating Profit	496 000	518 000	−347 000	−378 000
Financial Income	0	0	1 000	1 000
Financial Costs	3 000	2 000	2 000	2 000
Financial Balance	−3 000	−2 000	−1 000	−1 000
Dividends	0	0	0	0
Net Income	385 000	403 000	−272 000	−296 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	9 000	9 000	117 000	93 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	335 000	243 000	45 000	83 000
Total Tangible Assets	335 000	243 000	45 000	83 000
Total Fiancial Fixed Assets	78 000	78 000	0	0
Total Fixed Assets	422 000	330 000	162 000	176 000
Stock	190 000	145 000	93 000	117 000
Total Investments	0	0	0	0
Cash, Bank	1 480 000	985 000	361 000	868 000
Total Current Assets	1 728 000	1 186 000	673 000	1 145 000
Total Assets	2 149 000	1 516 000	835 000	1 322 000
Total Equity	947 000	562 000	160 000	431 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	222 000	285 000	141 000	165 000
Unpaid Taxes	237 000	191 000	163 000	257 000
Dividends	0	0	0	0
Other Current Debt	635 000	473 000	372 000	468 000
Total Current Debt	1 203 000	954 000	675 000	890 000
Total Equity and Debt	2 149 000	1 516 000	835 000	1 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	40,65 %	71,71 %	−170 %	−68,68 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	7,24 %	9,81 %	−9,78 %	−7,77 %
Current Ratio	1,44	1,24	1	1,29
Quick Ratio	1,71	1,47	1,16	1,48
Equity Ratio	0,44	0,37	0,19	0,33
Gross Profit Margin	68,54 %	68,11 %	68,73 %	67,47 %