ARGOS AS

5177 BJØRØYHAMN

Finances

Return on Equity

−3,74 %

Current Ratio

6,63

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	309 000	815 000	677 000	432 000
Net Income	−237 000	646 000	−252 000	−2 267 000
Total Assets	6 592 000	6 992 000	6 061 000	6 545 000
Total Equity	6 331 000	6 568 000	5 922 000	6 174 000

Income (NOK)	2022	2021	2020	2019
Revenue	309 000	815 000	677 000	432 000
Expenditure	704 000	939 000	1 152 000	985 000
Operating Profit	−395 000	−124 000	−474 000	−554 000
Financial Income	80 000	770 000	222 000	−93 000
Financial Costs	−79 000	0	0	1 620 000
Financial Balance	159 000	770 000	222 000	−1 713 000
Earnings Before Tax	−237 000	646 000	−252 000	−2 267 000
Tax	0	0	0	0
Net Income	−237 000	646 000	−252 000	−2 267 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 863 000	4 885 000	4 985 000	4 836 000
Total Current Assets	1 730 000	2 107 000	1 077 000	1 709 000
Total Assets	6 592 000	6 992 000	6 061 000	6 545 000
Total Retained Equity	6 231 000	6 468 000	5 822 000	6 074 000
Total Equity	6 331 000	6 568 000	5 922 000	6 174 000
Total Long-Term Debt	0	149 000	25 000	1 000
Total Current Debt	261 000	276 000	114 000	370 000
Total Equity and Debt	6 592 000	6 992 000	6 061 000	6 545 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	309 000	742 000	648 000	432 000
Other Income	0	73 000	29 000	0
Revenue	309 000	815 000	677 000	432 000
Cost of Goods Sold	0	0	0	0
Salary Costs	363 000	357 000	274 000	198 000
Depreciation	0	0	2 000	9 000
Impairment	0	0	0	0
Expenditure	704 000	939 000	1 152 000	985 000
Operating Profit	−395 000	−124 000	−474 000	−554 000
Financial Income	80 000	770 000	222 000	−93 000
Financial Costs	−79 000	0	0	1 620 000
Financial Balance	159 000	770 000	222 000	−1 713 000
Dividends	0	0	0	0
Net Income	−237 000	646 000	−252 000	−2 267 000

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	2 000
Total Tangible Assets	0	0	0	2 000
Total Fiancial Fixed Assets	4 863 000	4 885 000	4 985 000	4 835 000
Total Fixed Assets	4 863 000	4 885 000	4 985 000	4 836 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	1 098 000	414 000	226 000	482 000
Total Current Assets	1 730 000	2 107 000	1 077 000	1 709 000
Total Assets	6 592 000	6 992 000	6 061 000	6 545 000
Total Equity	6 331 000	6 568 000	5 922 000	6 174 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	149 000	25 000	1 000
Creditors	53 000	116 000	33 000	0
Unpaid Taxes	174 000	101 000	16 000	51 000
Dividends	0	0	0	0
Other Current Debt	34 000	59 000	65 000	319 000
Total Current Debt	261 000	276 000	114 000	370 000
Total Equity and Debt	6 592 000	6 992 000	6 061 000	6 545 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−3,74 %	9,84 %	−4,26 %	−36,72 %
Debt-to-Equity Ratio	0	0,02	0	0
Operating Profit Margin	−127,83 %	−15,21 %	−70,01 %	−128,24 %
Current Ratio	6,63	7,63	9,45	4,62
Quick Ratio	6,63	7,63	9,45	4,62
Equity Ratio	0,96	0,94	0,98	0,94
Gross Profit Margin	100 %	100 %	100 %	100 %