CHINA PALACE ApS: Financial statements 2020
CVR: 34736901
Source: annual report 2020, Danish Business Authority
01/01/2020 – 31/12/2020
CHINA PALACE ApS (CVR 34736901) has filed annual accounts for 2020. In 2020, the company reported a gross profit of DKK 1,879,763 and a net result of DKK -396,997 compared with DKK 313,316 the year before. That is a decrease of 33.3% compared with the year before. Equity in the 2020 report amounted to DKK 786,705. The solvency ratio was 41%. The company had 7 employees in the financial year.
- Gross Profit
- DKK 1,879,763
- Profit/Loss
- DKK -396,997
- Equity
- DKK 786,705
- Total Assets
- DKK 1,920,185
- Employees
- 7
Development
| Year | Revenue | Gross Profit | Profit/Loss | Equity | Employees |
|---|---|---|---|---|---|
| 2020 | - | 1.9 mio. | -397 t. | 787 t. | 7 |
| 2019 | - | 2.8 mio. | 313 t. | 1.2 mio. | 7 |
| 2018 | - | 2.7 mio. | 423 t. | 870 t. | 6 |
| 2017 | - | 2.6 mio. | 138 t. | 447 t. | 7 |
| 2016 | - | 2.6 mio. | 122 t. | 310 t. | 7 |
Official annual report
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CHINA PALACE ApS has published its annual report for 2019. Gross profit came to DKK 2,818,499, and the net result was DKK 313,316.
About CHINA PALACE ApS
CHINA PALACE ApS is a Danish company of the type Anpartsselskab based in Aarhus N, founded in 2012. The company is registered under the industry Servering af mad i restauranter og caféer. The management consists of Ai Ping Huang. The company is owned by Ai Ping Huang and Feng Ren Wei. The company has 14 employees (2026). In 2025, the company reported a gross profit of DKK 3,044,962 and a net result of DKK 127,285 compared with DKK 400,613 the year before. Equity in the 2025 report amounted to DKK 1,805,712.