ARGEO ROBOTICS AS

1395 HVALSTAD

Finances

Share Ownership

Return on Equity

−78,26 %

Current Ratio

0,71

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	19 923 000	5 521 000	1 436 000	470 000
Net Income	−36 000	56 000	212 000	−196 000
Total Assets	17 450 000	3 934 000	813 000	143 000
Total Equity	46 000	82 000	26 000	−186 000

Income (NOK)	2022	2021	2020	2019
Revenue	19 923 000	5 521 000	1 436 000	470 000
Expenditure	19 204 000	5 466 000	1 224 000	666 000
Operating Profit	719 000	55 000	212 000	−196 000
Financial Income	39 000	1 000	0	0
Financial Costs	299 000	4 000	0	0
Financial Balance	−260 000	−3 000	0	0
Earnings Before Tax	458 000	52 000	212 000	−196 000
Tax	494 000	−4 000	0	0
Net Income	−36 000	56 000	212 000	−196 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	5 176 000	1 336 000	0	0
Total Current Assets	12 275 000	2 598 000	813 000	143 000
Total Assets	17 450 000	3 934 000	813 000	143 000
Total Retained Equity	16 000	66 000	10 000	−202 000
Total Equity	46 000	82 000	26 000	−186 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	17 404 000	3 852 000	786 000	330 000
Total Equity and Debt	17 450 000	3 934 000	813 000	143 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	703 000	5 521 000	1 226 000	120 000
Other Income	19 220 000	0	210 000	350 000
Revenue	19 923 000	5 521 000	1 436 000	470 000
Cost of Goods Sold	4 027 000	4 297 000	222 000	176 000
Salary Costs	12 925 000	1 047 000	743 000	152 000
Depreciation	211 000	0	0	0
Impairment	0	0	0	0
Expenditure	19 204 000	5 466 000	1 224 000	666 000
Operating Profit	719 000	55 000	212 000	−196 000
Financial Income	39 000	1 000	0	0
Financial Costs	299 000	4 000	0	0
Financial Balance	−260 000	−3 000	0	0
Dividends	0	0	0	0
Net Income	−36 000	56 000	212 000	−196 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	5 137 000	1 336 000	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	38 000	0	0	0
Total Tangible Assets	38 000	0	0	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	5 176 000	1 336 000	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 039 000	381 000	66 000	95 000
Total Current Assets	12 275 000	2 598 000	813 000	143 000
Total Assets	17 450 000	3 934 000	813 000	143 000
Total Equity	46 000	82 000	26 000	−186 000
Short-Term Group Debt	8 635 000	1 754 000	640 000	0
Total Long-Term Debt	0	0	0	0
Creditors	3 286 000	629 000	0	86 000
Unpaid Taxes	2 448 000	626 000	0	68 000
Dividends	0	0	0	0
Other Current Debt	3 035 000	743 000	146 000	176 000
Total Current Debt	17 404 000	3 852 000	786 000	330 000
Total Equity and Debt	17 450 000	3 934 000	813 000	143 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−78,26 %	68,29 %	815,38 %	105,38 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	3,61 %	1 %	14,76 %	−41,7 %
Current Ratio	0,71	0,67	1,03	0,43
Quick Ratio	0,71	0,67	1,03	0,43
Equity Ratio	0	0,02	0,03	−1,3
Gross Profit Margin	79,79 %	22,17 %	84,54 %	62,55 %