ARGENTUM SECONDARY AS

5003 BERGEN

Finances

Return on Equity

54,9 %

Current Ratio

211,23

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	176 671 000	144 025 000	−28 433 000	123 903 000
Net Income	178 568 000	142 302 000	−31 835 000	121 540 000
Total Assets	326 827 000	537 705 000	657 496 000	772 483 000
Total Equity	325 281 000	536 770 000	645 341 000	754 510 000

Income (NOK)	2022	2021	2020	2019
Revenue	176 671 000	144 025 000	−28 433 000	123 903 000
Expenditure	1 729 000	1 975 000	2 904 000	2 530 000
Operating Profit	174 943 000	142 051 000	−31 337 000	121 373 000
Financial Income	4 936 000	921 000	277 000	1 955 000
Financial Costs	1 173 000	639 000	740 000	1 695 000
Financial Balance	3 763 000	282 000	−463 000	260 000
Earnings Before Tax	178 706 000	142 333 000	−31 800 000	121 634 000
Tax	138 000	31 000	35 000	94 000
Net Income	178 568 000	142 302 000	−31 835 000	121 540 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	268 000	268 000	268 000	268 000
Total Current Assets	326 559 000	537 438 000	657 228 000	772 215 000
Total Assets	326 827 000	537 705 000	657 496 000	772 483 000
Total Retained Equity	−182 532 000	−165 943 000	−169 890 000	−164 619 000
Total Equity	325 281 000	536 770 000	645 341 000	754 510 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	1 546 000	935 000	12 155 000	17 973 000
Total Equity and Debt	326 827 000	537 705 000	657 496 000	772 483 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	175 358 000	143 687 000	−29 415 000	124 042 000
Other Income	1 313 000	339 000	982 000	−139 000
Revenue	176 671 000	144 025 000	−28 433 000	123 903 000
Cost of Goods Sold	0	0	0	0
Salary Costs	0	0	0	0
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	1 729 000	1 975 000	2 904 000	2 530 000
Operating Profit	174 943 000	142 051 000	−31 337 000	121 373 000
Financial Income	4 936 000	921 000	277 000	1 955 000
Financial Costs	1 173 000	639 000	740 000	1 695 000
Financial Balance	3 763 000	282 000	−463 000	260 000
Dividends	0	0	0	0
Net Income	178 568 000	142 302 000	−31 835 000	121 540 000

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	268 000	268 000	268 000	268 000
Total Fixed Assets	268 000	268 000	268 000	268 000
Stock	0	0	0	0
Total Investments	289 493 000	483 136 000	639 426 000	741 668 000
Cash, Bank	36 966 000	54 302 000	17 803 000	30 547 000
Total Current Assets	326 559 000	537 438 000	657 228 000	772 215 000
Total Assets	326 827 000	537 705 000	657 496 000	772 483 000
Total Equity	325 281 000	536 770 000	645 341 000	754 510 000
Short-Term Group Debt	1 542 000	787 000	9 801 000	15 459 000
Total Long-Term Debt	0	0	0	0
Creditors	0	144 000	0	0
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	4 000	4 000	2 354 000	2 514 000
Total Current Debt	1 546 000	935 000	12 155 000	17 973 000
Total Equity and Debt	326 827 000	537 705 000	657 496 000	772 483 000

Financial indicators	2022	2021	2020	2019
Return on Equity	54,9 %	26,51 %	−4,93 %	16,11 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	99,02 %	98,63 %	110,21 %	97,96 %
Current Ratio	211,23	574,8	54,07	42,97
Quick Ratio	211,23	574,8	54,07	42,97
Equity Ratio	1	1	0,98	0,98
Gross Profit Margin	100 %	100 %	100 %	100 %