HONG KONG PALACE AS
Organization
- CEO
- TK
- Chairman of the board
- SY
Shu Yung Yip1954
- Years since formation
- 20 years
- since Jun 15, 2005
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 34
Ownership
- Number of shares and share classes
- 100
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2024
- 24,731,044
- NOK
- Annual total result 2024
- 2,273,987
- NOK
- Total equity 2024
- 4,339,086
- NOK
Last update: Sep 13, 2025
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
TK | Managing Director/CEO | 50 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
SY 1954 | Chairman | - |
TK | Board Member | 50 % indirectly |
RK 1985 | Alternate Member | 50 % indirectly |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - | |
| Accountant | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
TK | Managing Director/CEO, Board Member | 50 % indirectly |
RK 1985 | Alternate Member | 50 % indirectly |
Last update: Sep 15, 2023
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 100 | 100 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2024: NOK 0Operating profit 2024: NOK -16,312Employees: 0
Financials
in NOK
Summary
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,731,044 | 20,191,911 | 19,255,159 | 18,372,221 |
Annual Total Result | 2,273,987 | 1,508,504 | 2,290,747 | 3,281,600 |
Total assets | 7,134,864 | 9,248,750 | 7,702,877 | 10,790,050 |
Total liabilities | 2,795,778 | 5,183,651 | 2,146,281 | 6,272,414 |
Total equity | 4,339,086 | 4,065,099 | 5,556,595 | 4,517,636 |
P&L
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total operating income | 24,731,044 | 20,191,911 | 19,255,159 | 18,372,221 |
Total operating costs | 21,917,537 | 18,199,734 | 16,432,385 | 14,621,753 |
Operating result | 2,813,507 | 1,992,177 | 2,822,774 | 3,750,468 |
Financial income/costs | 100,935 | -20,604 | 108,045 | 358,355 |
Profit before tax | 2,914,442 | 1,971,573 | 2,930,819 | 4,108,823 |
Total tax & extraordinary income/cost | 640,455 | 463,069 | 640,072 | 827,223 |
Annual Total Result | 2,273,987 | 1,508,504 | 2,290,747 | 3,281,600 |
Balance overview
| Year | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total fixed assets | 2,573,886 | 2,617,154 | 2,970,892 | 3,216,990 |
Total current assets | 4,560,978 | 6,631,596 | 4,731,985 | 7,573,060 |
Total assets | 7,134,864 | 9,248,750 | 7,702,877 | 10,790,050 |
Short term debt | 2,793,187 | 5,183,651 | 2,146,281 | 6,272,414 |
Long term debt | 2,591 | 0 | 0 | 0 |
Total liabilities | 2,795,778 | 5,183,651 | 2,146,281 | 6,272,414 |
Contributed capital | 100,000 | 100,000 | 100,000 | 100,000 |
Retained earnings | 4,239,086 | 3,965,099 | 5,456,595 | 4,417,636 |
Total equity | 4,339,086 | 4,065,099 | 5,556,595 | 4,517,636 |
Total equity and liabilities | 7,134,864 | 9,248,750 | 7,702,877 | 10,790,050 |
Classification
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises