LONG CHENG RESTAURANT AS

6002 ÅLESUND

Finances

Share Ownership

Return on Equity

−180,39 %

Current Ratio

0,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	6 784 000	6 263 000	6 790 000	8 072 000
Net Income	−276 000	135 000	308 000	17 000
Total Assets	912 000	969 000	818 000	970 000
Total Equity	153 000	429 000	294 000	−14 000

Income (NOK)	2022	2021	2020	2019
Revenue	6 784 000	6 263 000	6 790 000	8 072 000
Expenditure	7 141 000	6 093 000	6 393 000	8 047 000
Operating Profit	−357 000	170 000	397 000	25 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	1 000	1 000	6 000	7 000
Financial Balance	3 000	3 000	−2 000	−3 000
Earnings Before Tax	−354 000	173 000	396 000	22 000
Tax	−78 000	38 000	87 000	5 000
Net Income	−276 000	135 000	308 000	17 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	379 000	238 000	543 000	662 000
Total Current Assets	533 000	732 000	275 000	308 000
Total Assets	912 000	969 000	818 000	970 000
Total Retained Equity	−47 000	229 000	94 000	−214 000
Total Equity	153 000	429 000	294 000	−14 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	759 000	540 000	524 000	984 000
Total Equity and Debt	912 000	969 000	818 000	970 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	6 770 000	5 948 000	6 596 000	8 031 000
Other Income	14 000	315 000	194 000	41 000
Revenue	6 784 000	6 263 000	6 790 000	8 072 000
Cost of Goods Sold	1 950 000	1 496 000	1 576 000	1 945 000
Salary Costs	3 505 000	2 877 000	3 056 000	4 229 000
Depreciation	29 000	60 000	101 000	92 000
Impairment	0	0	0	0
Expenditure	7 141 000	6 093 000	6 393 000	8 047 000
Operating Profit	−357 000	170 000	397 000	25 000
Financial Income	4 000	4 000	4 000	4 000
Financial Costs	1 000	1 000	6 000	7 000
Financial Balance	3 000	3 000	−2 000	−3 000
Dividends	0	0	0	0
Net Income	−276 000	135 000	308 000	17 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	122 000	45 000	59 000	146 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	1 000	8 000	16 000
Fixtures	106 000	42 000	95 000	330 000
Total Tangible Assets	106 000	43 000	104 000	346 000
Total Fiancial Fixed Assets	150 000	150 000	381 000	170 000
Total Fixed Assets	379 000	238 000	543 000	662 000
Stock	94 000	95 000	89 000	83 000
Total Investments	0	0	0	0
Cash, Bank	291 000	219 000	122 000	158 000
Total Current Assets	533 000	732 000	275 000	308 000
Total Assets	912 000	969 000	818 000	970 000
Total Equity	153 000	429 000	294 000	−14 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	67 000	21 000	19 000	58 000
Unpaid Taxes	283 000	261 000	262 000	364 000
Dividends	0	0	0	0
Other Current Debt	408 000	234 000	243 000	367 000
Total Current Debt	759 000	540 000	524 000	984 000
Total Equity and Debt	912 000	969 000	818 000	970 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−180,39 %	31,47 %	104,76 %	−121,43 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	−5,26 %	2,71 %	5,85 %	0,31 %
Current Ratio	0,7	1,36	0,52	0,31
Quick Ratio	0,8	1,64	0,63	0,34
Equity Ratio	0,17	0,44	0,36	−0,01
Gross Profit Margin	71,26 %	76,11 %	76,79 %	75,9 %