ARGEO SURVEY AS

1395 HVALSTAD

Finances

Return on Equity

−120,78 %

Current Ratio

0,42

Debt-to-Equity Ratio

1,75

Key figures (NOK)	2022	2021	2020	2019
Revenue	34 561 000	16 550 000	12 320 000	3 192 000
Net Income	−73 330 000	−20 864 000	1 941 000	1 182 000
Total Assets	301 474 000	111 609 000	26 969 000	4 498 000
Total Equity	60 715 000	34 046 000	4 909 000	2 968 000

Income (NOK)	2022	2021	2020	2019
Revenue	34 561 000	16 550 000	12 320 000	3 192 000
Expenditure	89 208 000	42 120 000	9 732 000	1 640 000
Operating Profit	−54 647 000	−25 571 000	2 588 000	1 552 000
Financial Income	1 805 000	1 069 000	9 000	2 000
Financial Costs	13 797 000	2 844 000	108 000	31 000
Financial Balance	−11 992 000	−1 775 000	−99 000	−29 000
Earnings Before Tax	−66 639 000	−27 346 000	2 489 000	1 522 000
Tax	6 691 000	−6 482 000	548 000	340 000
Net Income	−73 330 000	−20 864 000	1 941 000	1 182 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	244 963 000	23 387 000	15 394 000	3 842 000
Total Current Assets	56 511 000	88 223 000	11 575 000	657 000
Total Assets	301 474 000	111 609 000	26 969 000	4 498 000
Total Retained Equity	−40 285 000	−21 601 000	−737 000	−2 678 000
Total Equity	60 715 000	34 046 000	4 909 000	2 968 000
Total Long-Term Debt	106 482 000	5 933 000	6 693 000	800 000
Total Current Debt	134 276 000	71 631 000	15 367 000	730 000
Total Equity and Debt	301 474 000	111 609 000	26 969 000	4 498 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	34 501 000	16 080 000	11 600 000	2 903 000
Other Income	60 000	470 000	720 000	289 000
Revenue	34 561 000	16 550 000	12 320 000	3 192 000
Cost of Goods Sold	50 112 000	27 617 000	0	0
Salary Costs	43 245 000	17 678 000	2 160 000	499 000
Depreciation	12 448 000	1 276 000	972 000	398 000
Impairment	0	0	0	0
Expenditure	89 208 000	42 120 000	9 732 000	1 640 000
Operating Profit	−54 647 000	−25 571 000	2 588 000	1 552 000
Financial Income	1 805 000	1 069 000	9 000	2 000
Financial Costs	13 797 000	2 844 000	108 000	31 000
Financial Balance	−11 992 000	−1 775 000	−99 000	−29 000
Dividends	0	0	0	0
Net Income	−73 330 000	−20 864 000	1 941 000	1 182 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	4 000 000	0	0	0
Total Intangible Assets	24 184 000	13 422 000	3 780 000	2 939 000
Real Eastate	757 000	0	0	0
Machinery and Plant Facilities	215 007 000	0	0	0
Fixtures	2 223 000	3 965 000	11 565 000	903 000
Total Tangible Assets	217 987 000	3 965 000	11 565 000	903 000
Total Fiancial Fixed Assets	2 792 000	6 000 000	50 000	0
Total Fixed Assets	244 963 000	23 387 000	15 394 000	3 842 000
Stock	15 630 000	0	0	0
Total Investments	0	0	0	0
Cash, Bank	4 750 000	12 858 000	7 609 000	309 000
Total Current Assets	56 511 000	88 223 000	11 575 000	657 000
Total Assets	301 474 000	111 609 000	26 969 000	4 498 000
Total Equity	60 715 000	34 046 000	4 909 000	2 968 000
Short-Term Group Debt	77 678 000	58 052 000	565 000	0
Total Long-Term Debt	106 482 000	5 933 000	6 693 000	800 000
Creditors	34 037 000	7 575 000	12 354 000	261 000
Unpaid Taxes	2 156 000	1 511 000	1 129 000	141 000
Dividends	0	0	0	0
Other Current Debt	20 405 000	4 492 000	1 319 000	143 000
Total Current Debt	134 276 000	71 631 000	15 367 000	730 000
Total Equity and Debt	301 474 000	111 609 000	26 969 000	4 498 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−120,78 %	−61,28 %	39,54 %	39,82 %
Debt-to-Equity Ratio	1,75	0,17	1,36	0,27
Operating Profit Margin	−158,12 %	−154,51 %	21,01 %	48,62 %
Current Ratio	0,42	1,23	0,75	0,9
Quick Ratio	0,48	1,23	0,75	0,9
Equity Ratio	0,2	0,31	0,18	0,66
Gross Profit Margin	−45 %	−66,87 %	100 %	100 %