GUANGDONG HOUSE AS

5017 BERGEN

Finances

Share Ownership

Return on Equity

−55,51 %

Current Ratio

1,84

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	2 455 000	1 648 000	1 790 000	3 257 000
Net Income	−136 000	−12 000	−87 000	−229 000
Total Assets	520 000	631 000	527 000	902 000
Total Equity	245 000	381 000	393 000	480 000

Income (NOK)	2022	2021	2020	2019
Revenue	2 455 000	1 648 000	1 790 000	3 257 000
Expenditure	2 592 000	1 660 000	1 859 000	3 475 000
Operating Profit	−137 000	−13 000	−68 000	−218 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	1 000	3 000
Earnings Before Tax	−136 000	−12 000	−67 000	−215 000
Tax	0	0	20 000	14 000
Net Income	−136 000	−12 000	−87 000	−229 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	15 000	11 000	52 000	113 000
Total Current Assets	505 000	620 000	475 000	789 000
Total Assets	520 000	631 000	527 000	902 000
Total Retained Equity	135 000	270 000	283 000	369 000
Total Equity	245 000	381 000	393 000	480 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	275 000	250 000	133 000	422 000
Total Equity and Debt	520 000	631 000	527 000	902 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	2 287 000	1 410 000	1 697 000	3 257 000
Other Income	169 000	238 000	94 000	0
Revenue	2 455 000	1 648 000	1 790 000	3 257 000
Cost of Goods Sold	753 000	493 000	506 000	871 000
Salary Costs	1 134 000	635 000	724 000	1 892 000
Depreciation	14 000	41 000	41 000	93 000
Impairment	0	0	0	0
Expenditure	2 592 000	1 660 000	1 859 000	3 475 000
Operating Profit	−137 000	−13 000	−68 000	−218 000
Financial Income	1 000	0	1 000	4 000
Financial Costs	0	0	0	1 000
Financial Balance	1 000	0	1 000	3 000
Dividends	0	0	0	0
Net Income	−136 000	−12 000	−87 000	−229 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	20 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	15 000	11 000	52 000	93 000
Total Tangible Assets	15 000	11 000	52 000	93 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	15 000	11 000	52 000	113 000
Stock	36 000	42 000	40 000	70 000
Total Investments	0	0	0	0
Cash, Bank	424 000	544 000	363 000	676 000
Total Current Assets	505 000	620 000	475 000	789 000
Total Assets	520 000	631 000	527 000	902 000
Total Equity	245 000	381 000	393 000	480 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	58 000	44 000	6 000	57 000
Unpaid Taxes	128 000	95 000	62 000	182 000
Dividends	0	0	0	0
Other Current Debt	88 000	111 000	65 000	183 000
Total Current Debt	275 000	250 000	133 000	422 000
Total Equity and Debt	520 000	631 000	527 000	902 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−55,51 %	−3,15 %	−22,14 %	−47,71 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−5,58 %	−0,79 %	−3,8 %	−6,69 %
Current Ratio	1,84	2,48	3,57	1,87
Quick Ratio	2,11	2,98	5,11	2,24
Equity Ratio	0,47	0,6	0,75	0,53
Gross Profit Margin	69,33 %	70,08 %	71,73 %	73,26 %