MR CHUONG AS

7014 TRONDHEIM

Finances

Share Ownership

Return on Equity

90,38 %

Current Ratio

2,79

Debt-to-Equity Ratio

4,42

Key figures (NOK)	2022	2021	2020	2019
Revenue	500 000	2 758 000	3 721 000	3 686 000
Net Income	47 000	20 000	342 000	−395 000
Total Assets	431 000	591 000	840 000	684 000
Total Equity	52 000	5 000	−15 000	−357 000

Income (NOK)	2022	2021	2020	2019
Revenue	500 000	2 758 000	3 721 000	3 686 000
Expenditure	412 000	2 691 000	3 348 000	4 058 000
Operating Profit	87 000	67 000	374 000	−372 000
Financial Income	0	0	0	0
Financial Costs	7 000	15 000	24 000	26 000
Financial Balance	−7 000	−15 000	−24 000	−26 000
Earnings Before Tax	81 000	53 000	350 000	−397 000
Tax	33 000	32 000	8 000	−3 000
Net Income	47 000	20 000	342 000	−395 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	163 000	341 000	462 000
Total Current Assets	416 000	427 000	499 000	222 000
Total Assets	431 000	591 000	840 000	684 000
Total Retained Equity	−48 000	−95 000	−115 000	−457 000
Total Equity	52 000	5 000	−15 000	−357 000
Total Long-Term Debt	230 000	320 000	405 000	489 000
Total Current Debt	149 000	265 000	450 000	553 000
Total Equity and Debt	431 000	591 000	840 000	684 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	2 088 000	3 712 000	3 686 000
Other Income	500 000	670 000	9 000	0
Revenue	500 000	2 758 000	3 721 000	3 686 000
Cost of Goods Sold	0	653 000	1 048 000	1 097 000
Salary Costs	55 000	1 220 000	1 423 000	2 048 000
Depreciation	148 000	178 000	170 000	166 000
Impairment	0	0	0	0
Expenditure	412 000	2 691 000	3 348 000	4 058 000
Operating Profit	87 000	67 000	374 000	−372 000
Financial Income	0	0	0	0
Financial Costs	7 000	15 000	24 000	26 000
Financial Balance	−7 000	−15 000	−24 000	−26 000
Dividends	0	0	0	0
Net Income	47 000	20 000	342 000	−395 000

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	15 000	163 000	341 000	462 000
Total Tangible Assets	15 000	163 000	341 000	462 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	163 000	341 000	462 000
Stock	0	0	72 000	64 000
Total Investments	0	0	0	0
Cash, Bank	381 000	357 000	363 000	101 000
Total Current Assets	416 000	427 000	499 000	222 000
Total Assets	431 000	591 000	840 000	684 000
Total Equity	52 000	5 000	−15 000	−357 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	230 000	320 000	405 000	489 000
Creditors	58 000	24 000	51 000	50 000
Unpaid Taxes	21 000	5 000	166 000	120 000
Dividends	0	0	0	0
Other Current Debt	36 000	203 000	225 000	383 000
Total Current Debt	149 000	265 000	450 000	553 000
Total Equity and Debt	431 000	591 000	840 000	684 000

Financial indicators	2022	2021	2020	2019
Return on Equity	90,38 %	400 %	−2 280 %	110,64 %
Debt-to-Equity Ratio	4,42	64	−27	−1,37
Operating Profit Margin	17,4 %	2,43 %	10,05 %	−10,09 %
Current Ratio	2,79	1,61	1,11	0,4
Quick Ratio	2,79	1,61	1,32	0,45
Equity Ratio	0,12	0,01	−0,02	−0,52
Gross Profit Margin	100 %	76,32 %	71,84 %	70,24 %