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CHINA PALACE AS
AS
Active
Org 953172178
Torgallmenningen 3A, 5014 Bergen
Restaurant activities · NACE 5611
Est. 1989
120 employees
www.chinapalacerestaurant.no
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 49,1M
+31% vs 2023
EBITDA margin
3.7%
+4% vs 2023
Equity ratio
4.8%
Financial strength
Net profit 2024
NOK -1,8M
-600% vs 2023
EBITDA — year on year
NOK millions
3M
2M
1M
1M
0M
1M
2020
1M
0%
2021
2M
+100%
2022
2M
0%
2023
2M
0%
2024
Key figures
Annual report 2024
Revenue
NOK 49,1M
+31%
EBITDA
NOK 1,8M
+4%
Net profit
NOK -1,8M
-600%
Total assets
NOK 23,1M
-12%
Equity
NOK 1,1M
-61%
Employees
120
—
Company information
Legal name
CHINA PALACE AS
Org number
953172178
Legal form
Aksjeselskap
NACE code
5611 · Restaurant activities
Founded
28. august 1989
Share capital
NOK 100 000
Employees
120 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Signatory rights
Styrets leder alene.
Company purpose
Restaurantdrift og alt hva derved står i forbindelse.
Contact
Address
Torgallmenningen 3A, 5014 Bergen
Phone
+4755212838
Email
post@cpbergen.no
Website
www.chinapalacerestaurant.no
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Companies in Restaurant activities
Companies in Bergen
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Revenue
NOK millions
0M
14M
28M
42M
56M
23M
2020
27M
2021
33M
2022
37M
2023
49M
2024
EBITDA
NOK millions
0M
1M
1M
2M
2M
1M
2020
1M
2021
2M
2022
2M
2023
2M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
23 178
27 447
32 926
37 490
49 051
Staff expenses
−7 917
−10 504
−13 416
−13 893
−19 243
EBITDA
1 176
977
1 505
1 763
1 835
Depreciation & amort.
−450
−467
−533
−883
−2 652
EBIT
727
510
973
880
−817
Net financials
61
−3
−2
−431
−1 045
Profit before tax
788
507
971
449
−1 862
Tax
237
112
214
99
−110
Net profit
551
395
757
350
−1 752
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
9 495
9 620
10 473
26 228
23 123
Equity
2 805
2 871
2 833
2 859
1 107
Long-term debt
94
113
102
110
0
Short-term debt
6 596
6 637
7 538
23 259
22 016
Total debt
6 689
6 750
7 640
23 369
22 016
Financial ratios
5-year trend
EBITDA margin
3.7%
This company
15.8%
Market median
-77% vs market
2020
2024
Equity ratio
4.8%
This company
38.2%
Market median
-87% vs market
2020
2024
Return on equity
-158.3%
This company
18.4%
Market median
-960% vs market
2020
2024
Net profit margin
-3.6%
This company
8.1%
Market median
-144% vs market
2020
2024
Asset turnover
2.12×
This company
1.12×
Market median
+89% vs market
2020
2024
Debt / equity
19.89×
This company
0.62×
Market median
-3108% vs market
2020
2024
Annual reports & filings
Annual report 2024
Filed via Brønnøysundsregistrene · Period 2024-01-01 – 2024-12-31
View
PDF
Annual report 2023
Filed via Brønnøysundsregistrene · Period 2023-01-01 – 2023-12-31
View
PDF
Annual report 2022
Filed via Brønnøysundsregistrene · Period 2022-01-01 – 2022-12-31
View
PDF
Annual report 2021
Filed via Brønnøysundsregistrene · Period 2021-01-01 – 2021-12-31
View
PDF
Annual report 2020
Filed via Brønnøysundsregistrene · Period 2020-01-01 – 2020-12-31
View
PDF
Management
Actively employed in the business
Name
Role
Member since
Current (2)
CH
Charlotte Hui
Chief Executive Officer
Chief Executive Officer
2020
EH
Erik Hui
Deputy Member
Deputy Member
2011
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
WW
Wing Wah Hui
Chairman
2011
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Hui Gruppen As
Company
100%
100%
2024
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Company hierarchy
Hui Gruppen As
CHINA PALACE AS
(this company)
Board network connections
Board members of CHINA PALACE AS also hold positions in
0
other companies.
Person
Role here
Other companies
Charlotte Hui
Chief Executive Officer
0 companies
Erik Hui
Deputy Member
0 companies
Wing Wah Hui
Chairman
0 companies