ARG BRANDS AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

3,91 %

Current Ratio

1,7

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	16 241 000	8 933 000	24 107 000	38 343 000
Net Income	160 000	−476 000	−547 000	−3 537 000
Total Assets	9 359 000	11 192 000	10 005 000	57 624 000
Total Equity	4 090 000	4 068 000	7 479 000	8 265 000

Income (NOK)	2022	2021	2020	2019
Revenue	16 241 000	8 933 000	24 107 000	38 343 000
Expenditure	15 566 000	9 408 000	25 320 000	42 507 000
Operating Profit	674 000	−476 000	−1 212 000	−4 164 000
Financial Income	264 000	185 000	1 403 000	318 000
Financial Costs	733 000	319 000	890 000	627 000
Financial Balance	−469 000	−134 000	513 000	−309 000
Earnings Before Tax	206 000	−610 000	−700 000	−4 473 000
Tax	45 000	−134 000	−153 000	−936 000
Net Income	160 000	−476 000	−547 000	−3 537 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	390 000	507 000	905 000	1 566 000
Total Current Assets	8 969 000	10 686 000	9 100 000	56 059 000
Total Assets	9 359 000	11 192 000	10 005 000	57 624 000
Total Retained Equity	22 000	0	0	0
Total Equity	4 090 000	4 068 000	7 479 000	8 265 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	5 269 000	7 125 000	2 526 000	49 359 000
Total Equity and Debt	9 359 000	11 192 000	10 005 000	57 624 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	16 241 000	8 933 000	24 107 000	38 343 000
Other Income	0	0	0	0
Revenue	16 241 000	8 933 000	24 107 000	38 343 000
Cost of Goods Sold	13 177 000	8 328 000	19 098 000	33 885 000
Salary Costs	4 000	2 000	1 076 000	2 678 000
Depreciation	110 000	173 000	273 000	217 000
Impairment	0	0	608 000	0
Expenditure	15 566 000	9 408 000	25 320 000	42 507 000
Operating Profit	674 000	−476 000	−1 212 000	−4 164 000
Financial Income	264 000	185 000	1 403 000	318 000
Financial Costs	733 000	319 000	890 000	627 000
Financial Balance	−469 000	−134 000	513 000	−309 000
Dividends	0	0	0	0
Net Income	160 000	−476 000	−547 000	−3 537 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	184 000	239 000	293 000	1 056 000
Total Intangible Assets	390 000	450 000	730 000	1 273 000
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	56 000	175 000	293 000
Total Tangible Assets	0	56 000	175 000	293 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	390 000	507 000	905 000	1 566 000
Stock	5 720 000	2 683 000	3 445 000	5 841 000
Total Investments	0	0	0	0
Cash, Bank	0	0	133 000	226 000
Total Current Assets	8 969 000	10 686 000	9 100 000	56 059 000
Total Assets	9 359 000	11 192 000	10 005 000	57 624 000
Total Equity	4 090 000	4 068 000	7 479 000	8 265 000
Short-Term Group Debt	3 669 000	4 687 000	742 000	46 718 000
Total Long-Term Debt	0	0	0	0
Creditors	998 000	812 000	274 000	789 000
Unpaid Taxes	602 000	1 626 000	1 510 000	882 000
Dividends	0	0	0	0
Other Current Debt	0	0	0	969 000
Total Current Debt	5 269 000	7 125 000	2 526 000	49 359 000
Total Equity and Debt	9 359 000	11 192 000	10 005 000	57 624 000

Financial indicators	2022	2021	2020	2019
Return on Equity	3,91 %	−11,7 %	−7,31 %	−42,79 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	4,15 %	−5,33 %	−5,03 %	−10,86 %
Current Ratio	1,7	1,5	3,6	1,14
Quick Ratio	−19,89	2,41	−9,9	1,29
Equity Ratio	0,44	0,36	0,75	0,14
Gross Profit Margin	18,87 %	6,77 %	20,78 %	11,63 %