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CHANG CHENG AS
AS
Active
Org 961022207
Storgata 14, 1607 Fredrikstad
Restaurant activities · NACE 5611
Est. 1991
14 employees
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Overview
Financials
People & ownership
Related companies
Revenue 2024
NOK 6,9M
-12% vs 2023
EBITDA margin
-13.0%
-108% vs 2023
Equity ratio
14.0%
Financial strength
Net profit 2024
NOK -1M
-95% vs 2023
EBITDA — year on year
NOK millions
1M
1M
0M
-1M
-1M
0M
2020
1M
+100%
2021
0M
-100%
2022
0M
0%
2023
-1M
-100%
2024
Key figures
Annual report 2024
Revenue
NOK 6,9M
-12%
EBITDA
NOK -896K
-108%
Net profit
NOK -1M
-95%
Total assets
NOK 1M
-47%
Equity
NOK 141K
-88%
Employees
14
—
Company information
Legal name
CHANG CHENG AS
Org number
961022207
Legal form
Aksjeselskap
NACE code
5611 · Restaurant activities
Founded
1. april 1991
Share capital
NOK 100 000
Employees
14 (FTE)
VAT registered
Yes
Audit selected
No
Last report
2024-12-31
Financial year
January – December
Contact
Address
Storgata 14, 1607 Fredrikstad
Phone
+4769317177
Email
post@changcheng.no
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Companies in Restaurant activities
Companies in Fredrikstad
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Revenue
NOK millions
0M
2M
5M
7M
9M
7M
2020
7M
2021
8M
2022
8M
2023
7M
2024
EBITDA
NOK millions
0M
0M
1M
1M
1M
0M
2020
1M
2021
0M
2022
0M
2023
-1M
2024
Income statement
NOK thousands
Item
2020
2021
2022
2023
2024
Revenue
6 540
7 069
8 473
7 852
6 880
Staff expenses
−2 956
−2 958
−3 781
−3 835
−3 537
EBITDA
78
616
294
−432
−896
Depreciation & amort.
−128
−134
−122
−112
−130
EBIT
−50
482
172
−544
−1 027
Net financials
0
0
−0
13
9
Profit before tax
−50
482
172
−530
−1 018
Tax
−5
109
40
−8
−0
Net profit
−44
373
132
−523
−1 018
Balance sheet
NOK thousands
Item
2020
2021
2022
2023
2024
Total assets
1 773
2 338
2 818
1 893
1 010
Equity
1 177
1 550
1 682
1 159
141
Long-term debt
0
16
8
0
0
Short-term debt
596
772
1 128
734
868
Total debt
596
788
1 136
734
868
Financial ratios
5-year trend
EBITDA margin
-13.0%
This company
15.8%
Market median
-182% vs market
2020
2024
Equity ratio
14.0%
This company
38.2%
Market median
-63% vs market
2020
2024
Return on equity
-719.7%
This company
18.4%
Market median
-4011% vs market
2020
2024
Net profit margin
-14.8%
This company
8.1%
Market median
-283% vs market
2020
2024
Asset turnover
6.81×
This company
1.12×
Market median
+508% vs market
2020
2024
Debt / equity
6.14×
This company
0.62×
Market median
-890% 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 (1)
AF
A Foo Tsan
Chief Executive Officer
Chief Executive Officer
2017
Board of directors
Non-executive oversight
Name
Role
Member since
Current (1)
JD
Junfeng Dai
Board of Directors
2017
Shareholders
As of last annual report
Shareholder
Type
Ownership
Votes
Since
Min Holding As
Company
50%
50%
2024
88 Holding As
Company
50%
50%
2024
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Company hierarchy
Min Holding As
CHANG CHENG AS
(this company)
Board network connections
Board members of CHANG CHENG AS also hold positions in
0
other companies.
Person
Role here
Other companies
A Foo Tsan
Chief Executive Officer
0 companies
Junfeng Dai
Board of Directors
0 companies