ARGO NAVIS AS

0275 OSLO

Finances

Return on Equity

26,61 %

Current Ratio

904,08

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	50 000	550 000	100 000	0
Net Income	6 178 000	1 560 000	−15 000	1 970 000
Total Assets	23 233 000	17 368 000	15 589 000	15 797 000
Total Equity	23 220 000	17 043 000	15 482 000	15 797 000

Income (NOK)	2022	2021	2020	2019
Revenue	50 000	550 000	100 000	0
Expenditure	15 000	720 000	45 000	39 000
Operating Profit	35 000	−170 000	55 000	−39 000
Financial Income	7 115 000	3 593 000	1 328 000	2 421 000
Financial Costs	1 164 000	1 595 000	1 479 000	58 000
Financial Balance	5 951 000	1 998 000	−151 000	2 363 000
Earnings Before Tax	5 986 000	1 828 000	−95 000	2 323 000
Tax	−191 000	268 000	−80 000	354 000
Net Income	6 178 000	1 560 000	−15 000	1 970 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	11 481 000	11 290 000	4 705 000	5 996 000
Total Current Assets	11 753 000	6 077 000	10 884 000	9 801 000
Total Assets	23 233 000	17 368 000	15 589 000	15 797 000
Total Retained Equity	22 976 000	16 799 000	15 238 000	15 553 000
Total Equity	23 220 000	17 043 000	15 482 000	15 797 000
Total Long-Term Debt	0	14 000	0	0
Total Current Debt	13 000	311 000	107 000	0
Total Equity and Debt	23 233 000	17 368 000	15 589 000	15 797 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	50 000	550 000	100 000	0
Other Income	0	0	0	0
Revenue	50 000	550 000	100 000	0
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	15 000	720 000	45 000	39 000
Operating Profit	35 000	−170 000	55 000	−39 000
Financial Income	7 115 000	3 593 000	1 328 000	2 421 000
Financial Costs	1 164 000	1 595 000	1 479 000	58 000
Financial Balance	5 951 000	1 998 000	−151 000	2 363 000
Dividends	0	0	300 000	350 000
Net Income	6 178 000	1 560 000	−15 000	1 970 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	190 000	0	254 000	66 000
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	11 290 000	11 290 000	4 451 000	5 930 000
Total Fixed Assets	11 481 000	11 290 000	4 705 000	5 996 000
Stock	0	0	0	0
Total Investments	1 854 000	1 274 000	6 832 000	6 711 000
Cash, Bank	7 660 000	3 478 000	3 952 000	3 090 000
Total Current Assets	11 753 000	6 077 000	10 884 000	9 801 000
Total Assets	23 233 000	17 368 000	15 589 000	15 797 000
Total Equity	23 220 000	17 043 000	15 482 000	15 797 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	14 000	0	0
Creditors	0	0	0	0
Unpaid Taxes	0	93 000	0	0
Dividends	0	0	300 000	350 000
Other Current Debt	0	218 000	0	0
Total Current Debt	13 000	311 000	107 000	0
Total Equity and Debt	23 233 000	17 368 000	15 589 000	15 797 000

Financial indicators	2022	2021	2020	2019
Return on Equity	26,61 %	9,15 %	−0,1 %	12,47 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	70 %	−30,91 %	55 %	-
Current Ratio	904,08	19,54	101,72	-
Quick Ratio	904,08	19,54	101,72	-
Equity Ratio	1	0,98	0,99	1
Gross Profit Margin	100 %	100 %	100 %	-