CHINA WOK AS

7600 LEVANGER

Finances

Share Ownership

Return on Equity

20,45 %

Current Ratio

3,17

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	1 645 000	1 604 000	1 434 000	1 465 000
Net Income	72 000	71 000	−30 000	−27 000
Total Assets	516 000	431 000	370 000	381 000
Total Equity	352 000	280 000	210 000	239 000

Income (NOK)	2022	2021	2020	2019
Revenue	1 645 000	1 604 000	1 434 000	1 465 000
Expenditure	1 554 000	1 515 000	1 474 000	1 500 000
Operating Profit	91 000	89 000	−40 000	−35 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	0
Earnings Before Tax	93 000	91 000	−38 000	−35 000
Tax	21 000	20 000	−8 000	−8 000
Net Income	72 000	71 000	−30 000	−27 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	8 000	8 000
Total Current Assets	516 000	431 000	363 000	374 000
Total Assets	516 000	431 000	370 000	381 000
Total Retained Equity	322 000	250 000	180 000	209 000
Total Equity	352 000	280 000	210 000	239 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	163 000	151 000	161 000	142 000
Total Equity and Debt	516 000	431 000	370 000	381 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	1 645 000	1 604 000	1 428 000	1 465 000
Other Income	0	0	6 000	0
Revenue	1 645 000	1 604 000	1 434 000	1 465 000
Cost of Goods Sold	477 000	448 000	374 000	376 000
Salary Costs	727 000	723 000	720 000	786 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 554 000	1 515 000	1 474 000	1 500 000
Operating Profit	91 000	89 000	−40 000	−35 000
Financial Income	2 000	2 000	2 000	0
Financial Costs	0	0	0	0
Financial Balance	2 000	2 000	2 000	0
Dividends	0	0	0	0
Net Income	72 000	71 000	−30 000	−27 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	8 000	8 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	0	0	8 000	8 000
Stock	39 000	33 000	31 000	25 000
Total Investments	0	0	0	0
Cash, Bank	477 000	396 000	323 000	349 000
Total Current Assets	516 000	431 000	363 000	374 000
Total Assets	516 000	431 000	370 000	381 000
Total Equity	352 000	280 000	210 000	239 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	4 000	3 000	26 000	−2 000
Unpaid Taxes	61 000	60 000	59 000	62 000
Dividends	0	0	0	0
Other Current Debt	76 000	76 000	76 000	83 000
Total Current Debt	163 000	151 000	161 000	142 000
Total Equity and Debt	516 000	431 000	370 000	381 000

Financial indicators	2022	2021	2020	2019
Return on Equity	20,45 %	25,36 %	−14,29 %	−11,3 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	5,53 %	5,55 %	−2,79 %	−2,39 %
Current Ratio	3,17	2,85	2,25	2,63
Quick Ratio	4,16	3,65	2,79	3,2
Equity Ratio	0,68	0,65	0,57	0,63
Gross Profit Margin	71 %	72,07 %	73,92 %	74,33 %