CHINA-PALACE AS

7650 VERDAL

Finances

Share Ownership

Return on Equity

2 470 %

Current Ratio

1,02

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	3 174 000	2 472 000	1 979 000	1 982 000
Net Income	741 000	428 000	220 000	193 000
Total Assets	1 315 000	903 000	570 000	700 000
Total Equity	30 000	31 000	30 000	30 000

Income (NOK)	2022	2021	2020	2019
Revenue	3 174 000	2 472 000	1 979 000	1 982 000
Expenditure	2 226 000	1 927 000	1 698 000	1 736 000
Operating Profit	947 000	545 000	281 000	245 000
Financial Income	3 000	3 000	4 000	4 000
Financial Costs	0	0	3 000	3 000
Financial Balance	3 000	3 000	1 000	1 000
Earnings Before Tax	950 000	548 000	282 000	246 000
Tax	209 000	121 000	62 000	53 000
Net Income	741 000	428 000	220 000	193 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 000	7 000	9 000	38 000
Total Current Assets	1 310 000	896 000	561 000	662 000
Total Assets	1 315 000	903 000	570 000	700 000
Total Retained Equity	0	1 000	0	0
Total Equity	30 000	31 000	30 000	30 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 285 000	872 000	540 000	670 000
Total Equity and Debt	1 315 000	903 000	570 000	700 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	3 174 000	2 472 000	1 979 000	1 982 000
Other Income	0	0	0	0
Revenue	3 174 000	2 472 000	1 979 000	1 982 000
Cost of Goods Sold	573 000	424 000	350 000	335 000
Salary Costs	1 313 000	1 178 000	1 042 000	1 053 000
Depreciation	0	0	34 000	38 000
Impairment	0	0	0	0
Expenditure	2 226 000	1 927 000	1 698 000	1 736 000
Operating Profit	947 000	545 000	281 000	245 000
Financial Income	3 000	3 000	4 000	4 000
Financial Costs	0	0	3 000	3 000
Financial Balance	3 000	3 000	1 000	1 000
Dividends	742 000	427 000	220 000	193 000
Net Income	741 000	428 000	220 000	193 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 000	7 000	9 000	4 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	34 000
Total Tangible Assets	0	0	0	34 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 000	7 000	9 000	38 000
Stock	27 000	22 000	22 000	14 000
Total Investments	0	0	0	0
Cash, Bank	1 270 000	871 000	533 000	645 000
Total Current Assets	1 310 000	896 000	561 000	662 000
Total Assets	1 315 000	903 000	570 000	700 000
Total Equity	30 000	31 000	30 000	30 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	23 000	36 000	6 000	4 000
Unpaid Taxes	147 000	101 000	105 000	159 000
Dividends	742 000	427 000	220 000	193 000
Other Current Debt	166 000	190 000	142 000	256 000
Total Current Debt	1 285 000	872 000	540 000	670 000
Total Equity and Debt	1 315 000	903 000	570 000	700 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2 470 %	1 380,65 %	733,33 %	643,33 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	29,84 %	22,05 %	14,2 %	12,36 %
Current Ratio	1,02	1,03	1,04	0,99
Quick Ratio	1,04	1,05	1,08	1,01
Equity Ratio	0,02	0,03	0,05	0,04
Gross Profit Margin	81,95 %	82,85 %	82,31 %	83,1 %