ARGENTUM ALTERNATIVE INVESTMENTS AS

5003 BERGEN

Finances

Return on Equity

96,94 %

Current Ratio

1,61

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	13 836 000	5 044 000	0	0
Net Income	6 786 000	−1 283 000	−1 288 000	−245 000
Total Assets	15 126 000	6 769 000	3 868 000	1 755 000
Total Equity	7 000 000	4 184 000	2 967 000	1 755 000

Income (NOK)	2022	2021	2020	2019
Revenue	13 836 000	5 044 000	0	0
Expenditure	4 787 000	6 754 000	1 804 000	249 000
Operating Profit	9 049 000	−1 710 000	−1 804 000	−249 000
Financial Income	0	0	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	0	4 000	4 000
Earnings Before Tax	9 049 000	−1 710 000	−1 799 000	−245 000
Tax	2 262 000	−428 000	−511 000	0
Net Income	6 786 000	−1 283 000	−1 288 000	−245 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	2 039 000	1 978 000	511 000	0
Total Current Assets	13 087 000	4 791 000	3 357 000	1 755 000
Total Assets	15 126 000	6 769 000	3 868 000	1 755 000
Total Retained Equity	0	−2 816 000	−1 533 000	−245 000
Total Equity	7 000 000	4 184 000	2 967 000	1 755 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	8 126 000	2 585 000	901 000	0
Total Equity and Debt	15 126 000	6 769 000	3 868 000	1 755 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	13 836 000	5 044 000	0	0
Revenue	13 836 000	5 044 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	1 400 000	2 719 000	341 000	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	4 787 000	6 754 000	1 804 000	249 000
Operating Profit	9 049 000	−1 710 000	−1 804 000	−249 000
Financial Income	0	0	4 000	4 000
Financial Costs	0	0	0	0
Financial Balance	0	0	4 000	4 000
Dividends	0	0	0	0
Net Income	6 786 000	−1 283 000	−1 288 000	−245 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	939 000	511 000	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	0	0	0	0
Total Fiancial Fixed Assets	2 039 000	1 039 000	0	0
Total Fixed Assets	2 039 000	1 978 000	511 000	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	13 004 000	4 492 000	2 082 000	1 755 000
Total Current Assets	13 087 000	4 791 000	3 357 000	1 755 000
Total Assets	15 126 000	6 769 000	3 868 000	1 755 000
Total Equity	7 000 000	4 184 000	2 967 000	1 755 000
Short-Term Group Debt	7 601 000	929 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	135 000	258 000	328 000	0
Unpaid Taxes	168 000	118 000	113 000	0
Dividends	0	0	0	0
Other Current Debt	223 000	1 280 000	461 000	0
Total Current Debt	8 126 000	2 585 000	901 000	0
Total Equity and Debt	15 126 000	6 769 000	3 868 000	1 755 000

Financial indicators	2022	2021	2020	2019
Return on Equity	96,94 %	−30,66 %	−43,41 %	−13,96 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	65,4 %	−33,9 %	-	-
Current Ratio	1,61	1,85	3,73	-
Quick Ratio	1,61	1,85	3,73	-
Equity Ratio	0,46	0,62	0,77	1
Gross Profit Margin	100 %	100 %	-	-