ARGEO AS financials

ARGEO AS

Country: NO Reporting currency: USD Latest annual report: 2024-12-31
LEI: 894500SHXBC6FQ4L8U37
Source filing ↗
Financial statements (USD, as reported — unscaled; 84 line items across 2 annual periods)
Line item 20242023
Income statement
Revenue $52.0M$7.2M
Cost of sales $41.3M$14.5M
Gross profit $12.2M-$4.4M
Other income $1.5M$2.9M
Operating expenses $14.9M$9.2M
Depreciation & amortisation $9.4M$4.7M
Operating profit (EBIT) -$2.7M-$13.7M
Net finance income / (cost) -$4.2M-$3.2M
Finance costs $6.3M$1.8M
Profit before tax -$6.8M-$16.9M
Income tax expense $123.0K$79.0K
Profit for the year -$6.9M-$16.9M
— attributable to owners -$6.9M-$16.9M
Total comprehensive income -$9.6M-$15.9M
Per share
Basic EPS $-0.16$-0.82
Diluted EPS $-0.16$-0.82
Free cash flow / share $-0.35$-1.22
Cash flow statement
Net cash from operating activities $3.6M-$4.2M
Net cash from investing activities -$20.4M-$22.8M
Purchase of PP&E (capex) $18.6M$21.1M
Net cash from financing activities $11.8M$30.3M
Lease liability payments $5.8M$2.2M
Net change in cash -$5.0M$3.2M
Balance sheet
Total assets $99.3M$71.6M
Non-current assets $78.0M$59.3M
Property, plant & equipment $43.0M$36.3M
Right-of-use assets $26.1M$18.5M
Current assets $21.3M$12.3M
Trade & other receivables $6.9M$219.0K
Cash & equivalents $827.0K$5.3M
Total equity $32.9M$35.0M
Non-current liabilities $35.4M$18.1M
Long-term borrowings $18.6M$4.9M
Lease liabilities (non-current) $16.8M$13.1M
Current liabilities $31.0M$18.5M
Lease liabilities (current) $7.6M$4.8M
Trade & other payables $11.2M$6.5M
Derived metrics
Free cash flow -$15.0M-$25.3M
Operating margin -5.1%-189.5%
Net margin -13.3%-234.9%
Return on equity -21.1%-48.4%
Cash conversion ratio -0.51×0.25×
Capex coverage 0.19×-0.20×
Other reported items
Adjustments For Decrease Increase In Trade and Other Receivables -$14.1M$2.0M
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $9.2M$7.4M
Adjustments For Finance Income Cost -$4.4M-$3.2M
Adjustments For Increase Decrease In Trade Account Payable $4.7M$4.0M
Adjustments For Losses Gains On Disposal of Noncurrent Assets $82.0K$0
Adjustments For Provisions $438.0K-$385.0K
Adjustments For Sharebased Payments $768.0K$13.0K
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities $122.0K$0
Comprehensive Income Attributable To Owners of Parent -$9.6M-$15.9M
Current Borrowings and Current Portion of Noncurrent Borrowings $2.4M$2.4M
Current Contract Assets $297.0K$552.0K
Current Contract Liabilities $6.9M$2.2M
Current Provisions $870.0K$432.0K
Current Tax Liabilities Current $125.0K$0
Effect of Exchange Rate Changes On Cash and Cash Equivalents $512.0K-$28.0K
Equity and Liabilities $99.3M$71.6M
Finance Income $49.0K$55.0K
Gains Losses On Exchange Differences On Translation Recognised In Profit Or Loss $2.2M-$1.4M
Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss $0$2.7M
Increase Decrease Through Sharebased Payment Transactions $768.0K$93.0K
Intangible Assets Other Than Goodwill $4.9M$3.8M
Interest Received Classified As Investing Activities $51.0K$53.0K
Investments In Joint Ventures Accounted For Using Equity Method $0$152.0K
Issue of Equity $6.8M$36.2M
Issued Capital $2.2M$1.9M
Liabilities $66.4M$36.6M
Noncurrent Provisions $1.0K$2.0K
Other Comprehensive Income -$2.7M$1.1M
Other Comprehensive Income Net of Tax Exchange Differences On Translation -$2.7M$1.1M
Other Current Assets $1.8M$2.1M
Other Current Liabilities $1.9M$2.3M
Other Current Receivables $11.5M$4.1M
Payments For Development Project Expenditure $1.4M$1.5M
Proceeds From Issuing Shares $6.8M$36.2M
Proceeds From Noncurrent Borrowings $22.7M$2.6M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities $2.6M$0
Repayments of Noncurrent Borrowings $5.9M$5.3M
Revenue and Operating Income $53.5M$10.1M
Selling General and Administrative Expense $5.5M$1.9M
Share of Profit Loss of Joint Ventures Accounted For Using Equity Method -$66.0K-$81.0K
Share Premium $68.7M$62.2M
Methodology

Every line item above is a fact tagged in ARGEO AS's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (USD), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.