ARGENTUM BUSINESS MANAGEMENT AS

5003 BERGEN

Finances

Share Ownership

Return on Equity

−21,95 %

Current Ratio

4,45

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	562 000	265 000	0	0
Net Income	−457 000	−2 117 000	−326 000	−159 000
Total Assets	2 685 000	3 572 000	2 555 000	1 091 000
Total Equity	2 082 000	1 939 000	2 555 000	1 091 000

Income (NOK)	2022	2021	2020	2019
Revenue	562 000	265 000	0	0
Expenditure	1 019 000	2 382 000	331 000	161 000
Operating Profit	−457 000	−2 117 000	−331 000	−161 000
Financial Income	0	0	5 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	5 000	3 000
Earnings Before Tax	−457 000	−2 117 000	−326 000	−159 000
Tax	0	0	0	0
Net Income	−457 000	−2 117 000	−326 000	−159 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	0	0	0	0
Total Current Assets	2 685 000	3 572 000	2 555 000	1 091 000
Total Assets	2 685 000	3 572 000	2 555 000	1 091 000
Total Retained Equity	−3 058 000	−2 601 000	−485 000	−159 000
Total Equity	2 082 000	1 939 000	2 555 000	1 091 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	603 000	1 634 000	0	0
Total Equity and Debt	2 685 000	3 572 000	2 555 000	1 091 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	562 000	0	0	0
Other Income	0	265 000	0	0
Revenue	562 000	265 000	0	0
Cost of Goods Sold	0	0	0	0
Salary Costs	344 000	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 019 000	2 382 000	331 000	161 000
Operating Profit	−457 000	−2 117 000	−331 000	−161 000
Financial Income	0	0	5 000	3 000
Financial Costs	0	0	0	0
Financial Balance	0	0	5 000	3 000
Dividends	0	0	0	0
Net Income	−457 000	−2 117 000	−326 000	−159 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	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	0	0	0	0
Total Fixed Assets	0	0	0	0
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	2 573 000	3 307 000	2 555 000	1 091 000
Total Current Assets	2 685 000	3 572 000	2 555 000	1 091 000
Total Assets	2 685 000	3 572 000	2 555 000	1 091 000
Total Equity	2 082 000	1 939 000	2 555 000	1 091 000
Short-Term Group Debt	374 000	188 000	0	0
Total Long-Term Debt	0	0	0	0
Creditors	225 000	1 446 000	0	0
Unpaid Taxes	4 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	0	0	0	0
Total Current Debt	603 000	1 634 000	0	0
Total Equity and Debt	2 685 000	3 572 000	2 555 000	1 091 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−21,95 %	−109,18 %	−12,76 %	−14,57 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−81,32 %	−798,87 %	-	-
Current Ratio	4,45	2,19	-	-
Quick Ratio	4,45	2,19	-	-
Equity Ratio	0,78	0,54	1	1
Gross Profit Margin	100 %	100 %	-	-