ARGUS REMOTE SYSTEMS AS

5165 LAKSEVÅG

Finances

Share Ownership

Return on Equity

34,94 %

Current Ratio

1,6

Debt-to-Equity Ratio

0,11

Key figures (NOK)	2022	2021	2020	2019
Revenue	120 909 000	92 922 000	74 569 000	71 960 000
Net Income	13 183 000	9 314 000	7 409 000	5 115 000
Total Assets	80 839 000	69 563 000	60 077 000	62 216 000
Total Equity	37 731 000	34 548 000	30 234 000	32 825 000

Income (NOK)	2022	2021	2020	2019
Revenue	120 909 000	92 922 000	74 569 000	71 960 000
Expenditure	105 756 000	82 092 000	65 476 000	66 372 000
Operating Profit	15 152 000	10 830 000	9 093 000	5 587 000
Financial Income	4 535 000	2 557 000	2 072 000	2 040 000
Financial Costs	2 762 000	1 442 000	1 660 000	1 059 000
Financial Balance	1 773 000	1 115 000	412 000	981 000
Earnings Before Tax	16 925 000	11 945 000	9 506 000	6 567 000
Tax	3 742 000	2 631 000	2 097 000	1 452 000
Net Income	13 183 000	9 314 000	7 409 000	5 115 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	18 522 000	17 223 000	20 812 000	20 677 000
Total Current Assets	62 317 000	52 340 000	39 265 000	41 539 000
Total Assets	80 839 000	69 563 000	60 077 000	62 216 000
Total Retained Equity	36 110 000	32 927 000	28 613 000	31 204 000
Total Equity	37 731 000	34 548 000	30 234 000	32 825 000
Total Long-Term Debt	4 097 000	4 697 000	6 041 000	2 625 000
Total Current Debt	39 011 000	30 318 000	23 802 000	26 766 000
Total Equity and Debt	80 839 000	69 563 000	60 077 000	62 216 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	120 909 000	92 890 000	73 796 000	71 960 000
Other Income	0	31 000	773 000	0
Revenue	120 909 000	92 922 000	74 569 000	71 960 000
Cost of Goods Sold	75 518 000	58 696 000	45 265 000	44 823 000
Salary Costs	19 040 000	14 199 000	12 345 000	13 040 000
Depreciation	2 268 000	2 385 000	2 385 000	2 160 000
Impairment	0	0	0	0
Expenditure	105 756 000	82 092 000	65 476 000	66 372 000
Operating Profit	15 152 000	10 830 000	9 093 000	5 587 000
Financial Income	4 535 000	2 557 000	2 072 000	2 040 000
Financial Costs	2 762 000	1 442 000	1 660 000	1 059 000
Financial Balance	1 773 000	1 115 000	412 000	981 000
Dividends	10 000 000	0	10 000 000	0
Net Income	13 183 000	9 314 000	7 409 000	5 115 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	7 068 000	3 734 000	3 879 000	4 250 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	581 000	2 089 000	2 810 000	3 660 000
Fixtures	203 000	118 000	0	10 000
Total Tangible Assets	785 000	2 207 000	2 810 000	3 671 000
Total Fiancial Fixed Assets	10 669 000	11 282 000	14 123 000	12 757 000
Total Fixed Assets	18 522 000	17 223 000	20 812 000	20 677 000
Stock	27 764 000	23 388 000	21 738 000	22 115 000
Total Investments	0	0	0	0
Cash, Bank	1 341 000	1 105 000	626 000	631 000
Total Current Assets	62 317 000	52 340 000	39 265 000	41 539 000
Total Assets	80 839 000	69 563 000	60 077 000	62 216 000
Total Equity	37 731 000	34 548 000	30 234 000	32 825 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	4 097 000	4 697 000	6 041 000	2 625 000
Creditors	5 190 000	10 818 000	2 993 000	6 569 000
Unpaid Taxes	1 943 000	1 460 000	1 113 000	1 111 000
Dividends	10 000 000	0	10 000 000	0
Other Current Debt	12 015 000	11 089 000	2 179 000	3 765 000
Total Current Debt	39 011 000	30 318 000	23 802 000	26 766 000
Total Equity and Debt	80 839 000	69 563 000	60 077 000	62 216 000

Financial indicators	2022	2021	2020	2019
Return on Equity	34,94 %	26,96 %	24,51 %	15,58 %
Debt-to-Equity Ratio	0,11	0,14	0,2	0,08
Operating Profit Margin	12,53 %	11,65 %	12,19 %	7,76 %
Current Ratio	1,6	1,73	1,65	1,55
Quick Ratio	5,54	7,55	19,02	8,93
Equity Ratio	0,47	0,5	0,5	0,53
Gross Profit Margin	37,54 %	36,83 %	39,3 %	37,71 %