ARGOS SOLUTIONS AS

3611 KONGSBERG

Finances

Share Ownership

Return on Equity

38,7 %

Current Ratio

1,66

Debt-to-Equity Ratio

0,28

Key figures (NOK)	2022	2021	2020	2019
Revenue	77 757 000	64 040 000	71 223 000	50 456 000
Net Income	10 957 000	5 557 000	13 010 000	−1 035 000
Total Assets	73 778 000	59 985 000	71 567 000	48 281 000
Total Equity	28 316 000	31 568 000	23 177 000	30 602 000

Income (NOK)	2022	2021	2020	2019
Revenue	77 757 000	64 040 000	71 223 000	50 456 000
Expenditure	64 907 000	56 430 000	54 832 000	48 813 000
Operating Profit	12 850 000	7 610 000	16 391 000	1 644 000
Financial Income	1 205 000	17 000	368 000	148 000
Financial Costs	2 000	497 000	77 000	3 362 000
Financial Balance	1 203 000	−480 000	291 000	−3 214 000
Earnings Before Tax	14 053 000	7 130 000	16 682 000	−1 570 000
Tax	3 096 000	1 573 000	3 672 000	−536 000
Net Income	10 957 000	5 557 000	13 010 000	−1 035 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 718 000	12 441 000	12 796 000	14 760 000
Total Current Assets	62 060 000	47 544 000	58 771 000	33 522 000
Total Assets	73 778 000	59 985 000	71 567 000	48 281 000
Total Retained Equity	12 874 000	16 126 000	7 735 000	15 159 000
Total Equity	28 316 000	31 568 000	23 177 000	30 602 000
Total Long-Term Debt	7 996 000	8 907 000	6 535 000	5 806 000
Total Current Debt	37 466 000	19 510 000	41 855 000	11 874 000
Total Equity and Debt	73 778 000	59 985 000	71 567 000	48 281 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	77 757 000	64 040 000	71 223 000	50 456 000
Other Income	0	0	0	0
Revenue	77 757 000	64 040 000	71 223 000	50 456 000
Cost of Goods Sold	18 351 000	15 608 000	14 383 000	12 281 000
Salary Costs	28 410 000	25 646 000	27 190 000	21 060 000
Depreciation	5 115 000	5 055 000	5 072 000	5 509 000
Impairment	0	0	0	0
Expenditure	64 907 000	56 430 000	54 832 000	48 813 000
Operating Profit	12 850 000	7 610 000	16 391 000	1 644 000
Financial Income	1 205 000	17 000	368 000	148 000
Financial Costs	2 000	497 000	77 000	3 362 000
Financial Balance	1 203 000	−480 000	291 000	−3 214 000
Dividends	0	0	0	0
Net Income	10 957 000	5 557 000	13 010 000	−1 035 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	10 668 000	11 296 000	11 989 000	13 429 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	539 000	634 000	572 000	1 095 000
Total Tangible Assets	539 000	634 000	572 000	1 095 000
Total Fiancial Fixed Assets	511 000	511 000	235 000	235 000
Total Fixed Assets	11 718 000	12 441 000	12 796 000	14 760 000
Stock	10 517 000	7 061 000	6 031 000	4 523 000
Total Investments	0	0	0	0
Cash, Bank	1 216 000	1 154 000	43 438 000	17 596 000
Total Current Assets	62 060 000	47 544 000	58 771 000	33 522 000
Total Assets	73 778 000	59 985 000	71 567 000	48 281 000
Total Equity	28 316 000	31 568 000	23 177 000	30 602 000
Short-Term Group Debt	18 216 000	0	0	0
Total Long-Term Debt	7 996 000	8 907 000	6 535 000	5 806 000
Creditors	0	716 000	1 583 000	707 000
Unpaid Taxes	0	2 000 000	2 351 000	1 809 000
Dividends	0	0	0	0
Other Current Debt	19 250 000	16 794 000	37 921 000	9 359 000
Total Current Debt	37 466 000	19 510 000	41 855 000	11 874 000
Total Equity and Debt	73 778 000	59 985 000	71 567 000	48 281 000

Financial indicators	2022	2021	2020	2019
Return on Equity	38,7 %	17,6 %	56,13 %	−3,38 %
Debt-to-Equity Ratio	0,28	0,28	0,28	0,19
Operating Profit Margin	16,53 %	11,88 %	23,01 %	3,26 %
Current Ratio	1,66	2,44	1,4	2,82
Quick Ratio	2,3	3,82	1,64	4,56
Equity Ratio	0,38	0,53	0,32	0,63
Gross Profit Margin	76,4 %	75,63 %	79,81 %	75,66 %