CHINA - Restaurant AS

Org. no. 853036102 · Narvik · Founded 1989 · 32 employees

Accounts for 2025 are missing. The deadline was 31 July 2026. The Brønnøysund Register Centre does not publish when accounts arrived, only the latest year filed.

Score · fiscal year 2024

77of 100

How to read this: the company is ahead of 92 % of companies in the Morning class Micro in the same sector in 2024. What does this mean?

Rank in the Morning class Micro: 109 of 1,294 · What are Morning company classes?
Place in the whole sector: 176 of 2,360 · Overnatting og servering

Profile

Lion · Leader

High profitability, high solidity

Position against comparable companies in 2024, not a verdict on the company. Based on profitability 77 and solidity 85 out of 100 among companies in the Morning class Micro in the same sector in 2024. Methodology

Against the sector

CHINA - Restaurant AS is 28 points above the median for companies in the Morning class Micro in the same sector in 2024.

Median score 49 among 1,289 companies.

Against companies in the Morning class Micro in the same sector in 2024: operating margin 9.3% (median 2.7%) and equity ratio 61.7% (median 17.8%).

Source: Register of Company Accounts and Central Coordinating RegisterFetched 30 October 2026Report an issue
Key figures · 2024

The numbers behind the score

The numbers behind the score · 2024
MeasureCompanyMedianAhead of
Operating revenue5 MNOK4 MNOK
Operating margin 9.3% 2.7% 75 %
Profit margin 9.5% 2.0% shown, not part of the index
Return on assets 27.3% 7.9% 80 %
Equity ratio 61.7% 17.8% 87 %
Debt-to-equity 0.62 1.80 82 %
Current ratio 2.61 1.08 86 %
Revenue growth 11.8% 4.9% 67 %
Revenue per employee0.15 MNOK0.48 MNOK

The median and “ahead of” refer to companies in the Morning class Micro in the same sector in 2024. The bar shows the share of companies the figure is ahead of.

With an index of 77, CHINA - Restaurant AS does better than 92% of companies in the Morning class Micro in the same sector (1,294 companies) in 2024.

Over time

Score 2022–2024

CompanyMedian0255075100202220232024The shaded year is the sector's weakest year, used by the stress test.
  • CHINA - Restaurant AS
  • Median: companies in the Morning class Micro in the same sector
Summary analysis

CHINA - Restaurant AS has a score of 77 for 2024, rank 176 of 2,360 in the sector.

Strongest: Liquidity: percentile 86 against peers, current ratio 2.61 against a median of 1.08. Solidity: percentile 85 against peers, equity ratio 61.7% against a median of 17.8%.

No area is clearly below its peers.

Written by fixed rules from the figures. Describes the figures, does not explain causes. Not investment or financial advice. How the summary is made

Analysis · 2024

What the numbers say

CHINA - Restaurant AS had an operating margin of 9.3% and an equity ratio of 61.7% in 2024, and ranks 176 of 2,360 in Overnatting og servering.

From 2023 to 2024: the equity ratio rose from 51.8% to 61.7% and revenue grew by 12%.

CHINA - Restaurant AS did weaker than the sector in 2022, the sector's weakest year.

This text is generated automatically from the 2024 accounts.

Estimated value · 2024

Three simple methods

The methods give between 1 MNOK and 5 MNOK.

MethodInputMultipleEstimate
P/E Net profit: 0.4 MNOK 10.0 4 MNOK
EV/EBIT Operating profit: 0.5 MNOK
minus net debt −1.5 MNOK
8.0 5 MNOK
P/B Equity: 1.1 MNOK 1.0 1 MNOK

A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation

Indications · 2024

Worth a closer look

No rules were triggered for this year.

Indications based on the latest annual accounts from open data. Not investment or financial advice.

Financial costs were 0.3% of the debt in 2024. The policy rate averaged 4.50 % the same year. This is a plain description of what the debt cost, not a model of interest sensitivity.

See interest rates, prices and exchange rates for the sector

Data quality

No anomalies found in the figures.

Stress test · 2022

Scenario analysis: the sector's weakest year

The operating margin was −7.1% in 2022 (sector median 1.3%), and the equity ratio 22.7%. The company had a loss before tax that year. In the other years the operating margin averaged 9.1%.

The sector's weakest year was 2022, with a median operating margin of 1.3%. Based on the 9 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology

Components · 2024

What the score is made of

Profitability77 weight 30%
Solidity85 weight 25%
Liquidity86 weight 15%
Growth67 weight 15%
Consistency63 weight 15%

Durability: 62 (average over 3 years)

Index version 2. Data completeness 100%: the share of the weights that had data.

2024

Questions and answers

How profitable is CHINA - Restaurant AS?

The operating margin was 9.3% in 2024, against a median of 2.7% among companies in the Morning class Micro in the same sector. Return on assets was 27.3%.

How solid is CHINA - Restaurant AS?

The equity ratio was 61.7% in 2024 (median 17.8%). Debt-to-equity was 0.62 (median 1.80).

What is the liquidity of CHINA - Restaurant AS like?

The current ratio was 2.61 in 2024 (median 1.08).

How does CHINA - Restaurant AS compare in Overnatting og servering?

CHINA - Restaurant AS ranks 176 of 2,360 in Overnatting og servering for 2024. Among companies in the Morning class Micro it is number 109 of 1,294. Revenue changed by 11.8% from the year before.

From the Central Coordinating Register

Org. no.
853036102
Legal form
AS
Sector
Overnatting og servering (56.110)
Morning company class
Micro
Employees
32 registered 10 July 2026
Founded
1 August 1989 37 years in operation
Share capital
0.30 MNOK
Business address
Kongens gate 38, 8514 NARVIK
Municipality
Narvik rank 16–25 of 27 in KOSTRA group 9
Audit
Audit opted out from 31 October 2015
Latest accounts filed
2024

Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre

Ownership and roles

Chief executive
Jiasheng Bai
Chair of the board
Jiasheng Bai
Accountant
WI Regnskap og Revisjon AS

Source: Central Coordinating Register, fetched 31 October 2026. Only names are shown.

Owners and shareholdings will appear here once the shareholder data extract is in place.

Coming · not built yet

Error in the data?

Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.

Report an issue

Figures last fetched 30 October 2026.

Details

Year by year · 2022–2024

Key figure202220232024Trend
Index367477
Rank31338176
Operating margin−7.1%8.9%9.3%
Return on assets−23.2%30.1%27.3%
Equity ratio22.7%51.8%61.7%
Current ratio1.232.032.61
Revenue growth–5.7%11.8%

Accounts

From the Brønnøysund Register Centre, in the company's reporting currency (NOK).

Key figure202220232024
Operating revenue4.2 MNOK4.4 MNOK4.9 MNOK
Operating profit−0.3 MNOK0.4 MNOK0.5 MNOK
Profit before tax−0.3 MNOK0.4 MNOK0.5 MNOK
Net profit−0.4 MNOK0.4 MNOK0.4 MNOK
Financial expenses0.0 MNOK0.0 MNOK0.0 MNOK
Total assets1.3 MNOK1.3 MNOK1.7 MNOK
Current assets1.2 MNOK1.3 MNOK1.7 MNOK
Equity0.3 MNOK0.7 MNOK1.1 MNOK
Retained earnings−0.4 MNOK0.0 MNOK0.4 MNOK
Total liabilities1.0 MNOK0.6 MNOK0.7 MNOK
Current liabilities1.0 MNOK0.6 MNOK0.7 MNOK

Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 30 October 2026, accounts id 5604255.