ARGUS AS

3712 SKIEN

Finances

Share Ownership

Return on Equity

−2,84 %

Current Ratio

0,57

Debt-to-Equity Ratio

0,6

Key figures (NOK)	2022	2021	2020	2019
Revenue	11 541 000	12 366 000	12 781 000	12 850 000
Net Income	−63 000	470 000	1 168 000	1 017 000
Total Assets	6 201 000	7 063 000	7 926 000	7 576 000
Total Equity	2 215 000	2 277 000	3 558 000	2 390 000

Income (NOK)	2022	2021	2020	2019
Revenue	11 541 000	12 366 000	12 781 000	12 850 000
Expenditure	11 495 000	11 719 000	11 177 000	11 444 000
Operating Profit	46 000	646 000	1 603 000	1 406 000
Financial Income	13 000	57 000	3 000	6 000
Financial Costs	137 000	98 000	109 000	107 000
Financial Balance	−124 000	−41 000	−106 000	−101 000
Earnings Before Tax	−77 000	605 000	1 497 000	1 305 000
Tax	−15 000	135 000	330 000	289 000
Net Income	−63 000	470 000	1 168 000	1 017 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	4 701 000	4 937 000	5 237 000	4 037 000
Total Current Assets	1 499 000	2 126 000	2 689 000	3 539 000
Total Assets	6 201 000	7 063 000	7 926 000	7 576 000
Total Retained Equity	2 065 000	2 127 000	3 408 000	2 240 000
Total Equity	2 215 000	2 277 000	3 558 000	2 390 000
Total Long-Term Debt	1 336 000	1 468 000	1 859 000	1 809 000
Total Current Debt	2 650 000	3 317 000	2 509 000	3 378 000
Total Equity and Debt	6 201 000	7 063 000	7 926 000	7 576 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	11 519 000	12 060 000	12 781 000	12 850 000
Other Income	22 000	306 000	0	0
Revenue	11 541 000	12 366 000	12 781 000	12 850 000
Cost of Goods Sold	301 000	603 000	605 000	459 000
Salary Costs	6 517 000	6 332 000	6 147 000	6 294 000
Depreciation	988 000	1 045 000	939 000	805 000
Impairment	0	0	0	0
Expenditure	11 495 000	11 719 000	11 177 000	11 444 000
Operating Profit	46 000	646 000	1 603 000	1 406 000
Financial Income	13 000	57 000	3 000	6 000
Financial Costs	137 000	98 000	109 000	107 000
Financial Balance	−124 000	−41 000	−106 000	−101 000
Dividends	0	0	0	600 000
Net Income	−63 000	470 000	1 168 000	1 017 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	3 650 000	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	985 000	4 856 000	4 832 000	3 591 000
Total Tangible Assets	985 000	4 856 000	4 832 000	3 591 000
Total Fiancial Fixed Assets	66 000	81 000	405 000	446 000
Total Fixed Assets	4 701 000	4 937 000	5 237 000	4 037 000
Stock	299 000	131 000	423 000	393 000
Total Investments	0	0	0	0
Cash, Bank	307 000	492 000	766 000	268 000
Total Current Assets	1 499 000	2 126 000	2 689 000	3 539 000
Total Assets	6 201 000	7 063 000	7 926 000	7 576 000
Total Equity	2 215 000	2 277 000	3 558 000	2 390 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	1 336 000	1 468 000	1 859 000	1 809 000
Creditors	461 000	266 000	218 000	191 000
Unpaid Taxes	1 082 000	1 256 000	1 233 000	1 280 000
Dividends	0	0	0	600 000
Other Current Debt	788 000	1 680 000	752 000	1 355 000
Total Current Debt	2 650 000	3 317 000	2 509 000	3 378 000
Total Equity and Debt	6 201 000	7 063 000	7 926 000	7 576 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−2,84 %	20,64 %	32,83 %	42,55 %
Debt-to-Equity Ratio	0,6	0,64	0,52	0,76
Operating Profit Margin	0,4 %	5,22 %	12,54 %	10,94 %
Current Ratio	0,57	0,64	1,07	1,05
Quick Ratio	0,64	0,67	1,29	1,19
Equity Ratio	0,36	0,32	0,45	0,32
Gross Profit Margin	97,39 %	95,12 %	95,27 %	96,43 %