ARGEO AS

1395 HVALSTAD

Finances

Return on Equity

−40,35 %

Current Ratio

1,97

Debt-to-Equity Ratio

0,56

Key figures (NOK)	2022	2021	2020	2019
Revenue	33 583 000	15 842 000	12 834 000	0
Net Income	−76 296 000	−18 113 000	2 006 000	−146 000
Total Assets	345 781 000	167 340 000	27 962 000	7 095 000
Total Equity	189 108 000	148 051 000	6 203 000	7 092 000

Income (NOK)	2022	2021	2020	2019
Revenue	33 583 000	15 842 000	12 834 000	0
Expenditure	97 800 000	43 765 000	10 225 000	190 000
Operating Profit	−64 217 000	−27 924 000	2 609 000	−190 000
Financial Income	−2 887 000	395 000	9 000	2 000
Financial Costs	2 882 000	433 000	107 000	0
Financial Balance	−5 769 000	−38 000	−98 000	2 000
Earnings Before Tax	−69 986 000	−27 962 000	2 512 000	−188 000
Tax	6 309 000	−9 848 000	506 000	−41 000
Net Income	−76 296 000	−18 113 000	2 006 000	−146 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	246 788 000	27 350 000	15 474 000	5 764 000
Total Current Assets	98 992 000	139 990 000	12 488 000	1 331 000
Total Assets	345 781 000	167 340 000	27 962 000	7 095 000
Total Retained Equity	−95 547 000	−19 251 000	−1 188 000	−299 000
Total Equity	189 108 000	148 051 000	6 203 000	7 092 000
Total Long-Term Debt	106 482 000	5 933 000	6 693 000	0
Total Current Debt	50 190 000	13 356 000	15 065 000	4 000
Total Equity and Debt	345 781 000	167 340 000	27 962 000	7 095 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	33 497 000	15 372 000	11 904 000	0
Other Income	86 000	470 000	930 000	0
Revenue	33 583 000	15 842 000	12 834 000	0
Cost of Goods Sold	31 266 000	17 439 000	0	0
Salary Costs	62 425 000	22 662 000	2 902 000	114 000
Depreciation	12 481 000	1 276 000	972 000	0
Impairment	0	0	0	0
Expenditure	97 800 000	43 765 000	10 225 000	190 000
Operating Profit	−64 217 000	−27 924 000	2 609 000	−190 000
Financial Income	−2 887 000	395 000	9 000	2 000
Financial Costs	2 882 000	433 000	107 000	0
Financial Balance	−5 769 000	−38 000	−98 000	2 000
Dividends	0	0	0	0
Net Income	−76 296 000	−18 113 000	2 006 000	−146 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	28 653 000	17 907 000	3 910 000	88 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	211 840 000	3 965 000	11 565 000	0
Total Tangible Assets	211 840 000	3 965 000	11 565 000	0
Total Fiancial Fixed Assets	6 295 000	5 479 000	0	5 676 000
Total Fixed Assets	246 788 000	27 350 000	15 474 000	5 764 000
Stock	15 630 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	21 313 000	65 862 000	7 780 000	987 000
Total Current Assets	98 992 000	139 990 000	12 488 000	1 331 000
Total Assets	345 781 000	167 340 000	27 962 000	7 095 000
Total Equity	189 108 000	148 051 000	6 203 000	7 092 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	106 482 000	5 933 000	6 693 000	0
Creditors	23 784 000	6 288 000	12 345 000	4 000
Unpaid Taxes	3 335 000	1 879 000	0	0
Dividends	0	0	0	0
Other Current Debt	23 072 000	5 089 000	2 720 000	0
Total Current Debt	50 190 000	13 356 000	15 065 000	4 000
Total Equity and Debt	345 781 000	167 340 000	27 962 000	7 095 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−40,35 %	−12,23 %	32,34 %	−2,06 %
Debt-to-Equity Ratio	0,56	0,04	1,08	0
Operating Profit Margin	−191,22 %	−176,27 %	20,33 %	-
Current Ratio	1,97	10,48	0,83	332,75
Quick Ratio	2,86	10,48	0,83	332,75
Equity Ratio	0,55	0,88	0,22	1
Gross Profit Margin	6,9 %	−10,08 %	100 %	-