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Argeo AS
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Quick analysis of Argeo (30 sec.)










1. Valuation of Argeo (5 min.)




Live pricePrice per share (EOD)

kr1.28

2. Growth of Argeo (5 min.)




Is Argeo growing?

Current yearPrevious yearGrowGrow %
How rich?$15.4m$13.6m$2.7m16.5%

How much money is Argeo making?

Current yearPrevious yearGrowGrow %
Making money-$2m-$589.3k-$1.4m?
Net Profit Margin-216.8%-548.0%--

How much money comes from the company's main activities?

3. Financial Health of Argeo (5 min.)




4. Comparing to competitors in the Oil & Gas Equipment & Services industry (5 min.)




  Industry Rankings (Oil & Gas Equipment & Services)  


Richest
#150 / 190

Most Revenue
#176 / 190

Most Profit
#136 / 190

Most Efficient
#179 / 190


Fundamentals of Argeo

Financial Health

Profitability Details
 Compared to previous yearCompared to industry
The company is making a huge loss.
Using its assets, the company is very inefficient in making profit.
Using its investors money, the company is very inefficient in making profit.
Operating Efficiency Details
 Compared to previous yearCompared to industry
The company is operating very inefficient.
The company is inefficient in keeping operating costs low.
Liquidity Details
 Compared to previous yearCompared to industry
The company is able to pay all its short-term debts.
The company is very able to pay all its short-term debts with the most liquid assets.
Solvency Details
 Compared to previous yearCompared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

1.1. Profitability of Argeo AS.

1.1. Profitability
1.1.1. Net Profit Margin

Measures how much net profit Argeo earns for each kr1 of revenue.

  • Above 10% is considered healthy but always compare Argeo to the Oil & Gas Equipment & Services industry mean.
  • A Net Profit Margin of -92.2% means that kr-0.92 for each kr1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of Argeo AS:

  • The MRQ is -92.2%. The company is making a huge loss. -2
  • The TTM is -216.8%. The company is making a huge loss. -2
Trends
Current periodCompared to+/- 
MRQ-92.2%TTM-216.8%+124.6%
TTM-216.8%YOY-548.0%+331.2%
TTM-216.8%5Y-302.7%+85.8%
5Y-302.7%10Y-302.7%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-92.2%2.1%-94.3%
TTM-216.8%2.0%-218.8%
YOY-548.0%-0.8%-547.2%
5Y-302.7%-6.4%-296.3%
10Y-302.7%-4.0%-298.7%
1.1.2. Return on Assets

Shows how efficient Argeo is using its assets to generate profit.

  • Above 5% is considered healthy but always compare Argeo to the Oil & Gas Equipment & Services industry mean.
  • -7.3% Return on Assets means that Argeo generated kr-0.07 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of Argeo AS:

  • The MRQ is -7.3%. Using its assets, the company is very inefficient in making profit. -2
  • The TTM is -7.2%. Using its assets, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-7.3%TTM-7.2%-0.2%
TTM-7.2%YOY-3.7%-3.5%
TTM-7.2%5Y-4.2%-3.0%
5Y-4.2%10Y-4.2%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-7.3%0.7%-8.0%
TTM-7.2%0.5%-7.7%
YOY-3.7%-0.1%-3.6%
5Y-4.2%-1.0%-3.2%
10Y-4.2%-0.5%-3.7%
1.1.3. Return on Equity

Shows how efficient Argeo is using its investors money to generate profit.

  • Above 15%-20% is considered healthy but always compare Argeo to the Oil & Gas Equipment & Services industry mean.
  • -13.4% Return on Equity means Argeo generated kr-0.13 for each kr1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of Argeo AS:

  • The MRQ is -13.4%. Using its investors money, the company is very inefficient in making profit. -2
  • The TTM is -12.4%. Using its investors money, the company is very inefficient in making profit. -2
Trends
Current periodCompared to+/- 
MRQ-13.4%TTM-12.4%-1.0%
TTM-12.4%YOY-4.4%-8.0%
TTM-12.4%5Y-6.1%-6.3%
5Y-6.1%10Y-6.1%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-13.4%1.8%-15.2%
TTM-12.4%1.3%-13.7%
YOY-4.4%0.1%-4.5%
5Y-6.1%-2.1%-4.0%
10Y-6.1%-1.2%-4.9%

1.2. Operating Efficiency of Argeo AS.

1.2. Operating Efficiency
1.2.1. Operating Margin

Measures how efficient Argeo is operating .

  • Measures how much profit Argeo makes for each kr1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
  • Above 15% is considered healthy but always compare Argeo to the Oil & Gas Equipment & Services industry mean.
  • An Operating Margin of 0.0% means the company generated kr0.00  for each kr1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of Argeo AS:

  • The MRQ is 0.0%. The data is not here.
Trends
Current periodCompared to+/- 
MRQ-TTM-154.8%+154.8%
TTM-154.8%YOY-1,387.1%+1,232.3%
TTM-154.8%5Y-616.7%+462.0%
5Y-616.7%10Y-616.7%0.0%
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-4.7%-4.7%
TTM-154.8%3.7%-158.5%
YOY-1,387.1%1.1%-1,388.2%
5Y-616.7%-2.6%-614.1%
10Y-616.7%-0.8%-615.9%
1.2.2. Operating Ratio

Measures how efficient Argeo is keeping operating costs low.

  • Below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • An Operation Ratio of 1.44 means that the operating costs are kr1.44 for each kr1 in net sales.

Let's take a look of the Operating Ratio trends of Argeo AS:

  • The MRQ is 1.441. The company is inefficient in keeping operating costs low. -1
  • The TTM is 2.032. The company is inefficient in keeping operating costs low. -1
Trends
Current periodCompared to+/- 
MRQ1.441TTM2.032-0.591
TTM2.032YOY7.221-5.189
TTM2.0325Y3.759-1.727
5Y3.75910Y3.7590.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.4411.490-0.049
TTM2.0321.435+0.597
YOY7.2211.457+5.764
5Y3.7591.329+2.430
10Y3.7591.175+2.584

1.3. Liquidity of Argeo AS.

1.3. Liquidity
1.3.1. Current Ratio

Measures if Argeo is able to pay off Short-term Debt.

  • Above 1.5 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A Current Ratio of 1.04 means the company has kr1.04 in assets for each kr1 in short-term debts.

Let's take a look of the Current Ratio trends of Argeo AS:

  • The MRQ is 1.038. The company is just able to pay all its short-term debts.
  • The TTM is 2.995. The company is able to pay all its short-term debts. +1
Trends
Current periodCompared to+/- 
MRQ1.038TTM2.995-1.957
TTM2.995YOY9.959-6.964
TTM2.9955Y5.355-2.360
5Y5.35510Y5.3550.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ1.0381.488-0.450
TTM2.9951.569+1.426
YOY9.9591.616+8.343
5Y5.3551.744+3.611
10Y5.3551.776+3.579
1.3.2. Quick Ratio

Measures if Argeo is able to pay off Short-term Debt but only using the most liquid assets.

  • Above 1 is considered healthy but always compare Argeo to the Oil & Gas Equipment & Services industry mean.
  • A Quick Ratio of 0.18 means the company can pay off kr0.18 for each kr1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of Argeo AS:

  • The MRQ is 0.179. The company is just not able to pay all its short-term debts with the most liquid assets. -1
  • The TTM is 1.533. The company is very able to pay all its short-term debts with the most liquid assets. +2
Trends
Current periodCompared to+/- 
MRQ0.179TTM1.533-1.355
TTM1.533YOY6.343-4.809
TTM1.5335Y3.218-1.684
5Y3.21810Y3.2180.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.1790.813-0.634
TTM1.5330.901+0.632
YOY6.3431.025+5.318
5Y3.2181.063+2.155
10Y3.2181.106+2.112

1.4. Solvency of Argeo AS.

1.3. Liquidity
1.4.1. Debt to Asset Ratio

Measures how much % of Argeo assets are financed with debt.

  • Below 1 (100%) is considered healthy but always compare Argeo to Oil & Gas Equipment & Services industry mean.
  • A Debt to Asset Ratio of 0.45 means that Argeo assets are financed with 45.4% credit (debt) and the remaining percentage (100% - 45.4%) is financed by its owners/shareholders. 

Let's take a look of the Debt to Asset Ratio trends of Argeo AS:

  • The MRQ is 0.454. The company is very able to pay all its debts by selling its assets. +2
  • The TTM is 0.400. The company is very able to pay all its debts by selling its assets. +2
Trends
Current periodCompared to+/- 
MRQ0.454TTM0.400+0.054
TTM0.400YOY0.143+0.257
TTM0.4005Y0.373+0.027
5Y0.37310Y0.3730.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.4540.513-0.059
TTM0.4000.527-0.127
YOY0.1430.526-0.383
5Y0.3730.503-0.130
10Y0.3730.488-0.115
1.4.2. Debt to Equity Ratio

Measures if Argeo is able to pay off its debts by using shareholders equity.

  • Below 2 is considered healthy but always compare Argeo to the Oil & Gas Equipment & Services industry mean.
  • A Debt to Equity ratio of 83.0% means that company has kr0.83 debt for each kr1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of Argeo AS:

  • The MRQ is 0.830. The company is very able to pay all its debts with equity. +2
  • The TTM is 0.708. The company is very able to pay all its debts with equity. +2
Trends
Current periodCompared to+/- 
MRQ0.830TTM0.708+0.122
TTM0.708YOY0.177+0.531
TTM0.7085Y1.056-0.347
5Y1.05610Y1.0560.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ0.8300.985-0.155
TTM0.7080.959-0.251
YOY0.1770.995-0.818
5Y1.0561.026+0.030
10Y1.0561.026+0.030

2. Market Valuation of Argeo AS

2. Earnings Per Share
2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every kr1 in earnings Argeo generates.

  • Above 15 is considered overpriced but always compare Argeo to the Oil & Gas Equipment & Services industry mean.
  • A PE ratio of -3.91 means the investor is paying kr-3.91 for every kr1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of Argeo AS:

  • The EOD is -4.266. Company is losing money. -2
  • The MRQ is -3.914. Company is losing money. -2
  • The TTM is -10.457. Company is losing money. -2
Trends
Current periodCompared to+/- 
EOD-4.266MRQ-3.914-0.351
MRQ-3.914TTM-10.457+6.543
TTM-10.457YOY-138.709+128.252
TTM-10.4575Y-59.666+49.209
5Y-59.66610Y-59.6660.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD-4.2668.041-12.307
MRQ-3.9148.046-11.960
TTM-10.4578.332-18.789
YOY-138.709-0.537-138.172
5Y-59.6667.246-66.912
10Y-59.66615.768-75.434
2.2. Price Earnings to Growth Ratio

Measures the predicted future growth of Argeo.

  • Lower is better.
  • A PEG ratio of 1 means the market price of the stock and the expected future earnings are on par.

Let's take a look of the Price Earnings to Growth Ratio trends of Argeo AS:

  • The MRQ is -3.192. Very Bad. -2
  • The TTM is -19.423. Very Bad. -2
Trends
Current periodCompared to+/- 
MRQ-3.192TTM-19.423+16.230
TTM-19.423YOY-104.493+85.071
TTM-19.4235Y-61.958+42.535
5Y-61.95810Y-61.9580.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
MRQ-3.19213.025-16.217
TTM-19.42317.603-37.026
YOY-104.4933.578-108.071
5Y-61.95845.245-107.203
10Y-61.958123.455-185.413

2. Book Value per Share
2.3. Price to Book Ratio

Measures if the stock price of Argeo is to cheap or to expensive compared to its book value.

  • At or below 1 is considered healthy (always compare to Oil & Gas Equipment & Services industry mean).
  • A PB ratio of 0.52 means the investor is paying kr0.52 for each kr1 in book value.

Let's take a look of the Price to Book Ratio trends of Argeo AS:

  • The EOD is 0.570. Very good. +2
  • The MRQ is 0.524. Very good. +2
  • The TTM is 1.085. Good. +1
Trends
Current periodCompared to+/- 
EOD0.570MRQ0.524+0.047
MRQ0.524TTM1.085-0.561
TTM1.085YOY3.887-2.803
TTM1.0855Y1.989-0.904
5Y1.98910Y1.9890.000
Compared to industry (Oil & Gas Equipment & Services)
PeriodCompanyIndustry (mean)+/- 
EOD0.5701.073-0.503
MRQ0.5241.114-0.590
TTM1.0851.224-0.139
YOY3.8871.143+2.744
5Y1.9891.096+0.893
10Y1.9891.406+0.583
2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of Argeo AS compared to the Most Recent Quarter (MRQ).

 End of day+/-Most Recent QuarterTrailing 12 Months+/-Year-Over-Year+/-5 Year+/-10 Year+/-
Book Value Change Per Share---0.2490.105-337%0.434-157%0.223-211%0.223-211%
Book Value Growth--0.9001.072-16%7.256-88%3.812-76%3.812-76%
Book Value Per Share--2.2352.379-6%1.985+13%1.762+27%1.762+27%
Book Value Per Share Growth--0.9001.072-16%7.256-88%3.812-76%3.812-76%
Current Ratio--1.0382.995-65%9.959-90%5.355-81%5.355-81%
Debt To Asset Ratio--0.4540.400+14%0.143+218%0.373+22%0.373+22%
Debt To Equity Ratio--0.8300.708+17%0.177+369%1.056-21%1.056-21%
Dividend Per Share----0%-0%-0%-0%
Eps---0.299-0.293-2%-0.085-71%-0.151-50%-0.151-50%
Eps Growth--1.2260.723+70%0.279+340%0.501+145%0.501+145%
Free Cash Flow Per Share--0.174-0.588+437%-0.514+395%-0.507+391%-0.507+391%
Free Cash Flow Per Share Growth--2.2130.937+136%-0.393+118%0.272+713%0.272+713%
Free Cash Flow To Equity Per Share--0.174-0.121+169%0.105+66%-0.024+114%-0.024+114%
Free Cash Flow To Equity Per Share Growth--2.2131.030+115%3.329-34%2.180+2%2.180+2%
Gross Profit Margin--1.0001.0000%1.0000%1.0000%1.0000%
Intrinsic Value_10Y_max---111.020--------
Intrinsic Value_10Y_min---92.997--------
Intrinsic Value_1Y_max---3.627--------
Intrinsic Value_1Y_min---3.558--------
Intrinsic Value_3Y_max---16.612--------
Intrinsic Value_3Y_min---15.744--------
Intrinsic Value_5Y_max---36.486--------
Intrinsic Value_5Y_min---33.374--------
Net Profit Margin---0.922-2.168+135%-5.480+494%-3.027+228%-3.027+228%
Operating Margin----1.5480%-13.8710%-6.1670%-6.1670%
Operating Ratio--1.4412.032-29%7.221-80%3.759-62%3.759-62%
Pb Ratio0.570+8%0.5241.085-52%3.887-87%1.989-74%1.989-74%
Pe Ratio-4.266-9%-3.914-10.457+167%-138.709+3444%-59.666+1424%-59.666+1424%
Peg Ratio---3.192-19.423+508%-104.493+3173%-61.958+1841%-61.958+1841%
Price Per Share1.275+8%1.1702.608-55%7.731-85%4.135-72%4.135-72%
Price To Total Gains Ratio-5.128-9%-4.706-0.532-89%-55.963+1089%-28.248+500%-28.248+500%
Profit Growth--1.2260.723+70%0.279+340%0.353+248%0.353+248%
Quick Ratio--0.1791.533-88%6.343-97%3.218-94%3.218-94%
Return On Assets---0.073-0.072-2%-0.037-50%-0.042-43%-0.042-43%
Return On Equity---0.134-0.124-7%-0.044-67%-0.061-54%-0.061-54%
Revenue Growth--2.2821.498+52%5.494-58%2.810-19%2.810-19%
Total Gains Per Share---0.2490.105-337%0.434-157%0.223-211%0.223-211%
Total Gains Per Share Growth---1.0772.244-148%0.494-318%1.307-182%1.307-182%
Usd Book Value--15417945.60016412328.618-6%13696156.269+13%12155794.236+27%12155794.236+27%
Usd Book Value Change Per Share---0.0230.010-337%0.039-157%0.020-211%0.020-211%
Usd Book Value Per Share--0.2020.216-6%0.180+13%0.160+27%0.160+27%
Usd Dividend Per Share----0%-0%-0%-0%
Usd Eps---0.027-0.027-2%-0.008-71%-0.014-50%-0.014-50%
Usd Free Cash Flow--1202262.000-4056263.721+437%-3544427.651+395%-3146286.984+362%-3146286.984+362%
Usd Free Cash Flow Per Share--0.016-0.053+437%-0.047+395%-0.046+391%-0.046+391%
Usd Free Cash Flow To Equity Per Share--0.016-0.011+169%0.010+66%-0.002+114%-0.002+114%
Usd Price Per Share0.116+8%0.1060.236-55%0.700-85%0.375-72%0.375-72%
Usd Profit---2062056.000-2021351.481-2%-589333.770-71%-1040804.139-50%-1040804.139-50%
Usd Revenue--2236189.2001161173.496+93%485600.960+360%722495.308+210%722495.308+210%
Usd Total Gains Per Share---0.0230.010-337%0.039-157%0.020-211%0.020-211%
 EOD+2 -3MRQTTM+15 -23YOY+17 -215Y+19 -1910Y+19 -19

3.2. Fundamental Score

Let's check the fundamental score of Argeo AS based on Penke's default stock scanner.

Penke's Stock Scanner

  
  
IndicatorConditionValue
Price to Earnings Ratio (EOD)Between0-15-4.266
Price to Book Ratio (EOD)Between0-10.570
Net Profit Margin (MRQ)Greater than0-0.922
Operating Margin (MRQ)Greater than00.000
Quick Ratio (MRQ)Greater than10.179
Current Ratio (MRQ)Greater than11.038
Debt to Asset Ratio (MRQ)Less than10.454
Debt to Equity Ratio (MRQ)Less than10.830
Return on Equity (MRQ)Greater than0.15-0.134
Return on Assets (MRQ)Greater than0.05-0.073
Total4/10 (40.0%)

3.3. Technical Score

Let's check the technical score of Argeo AS based on Penke's default Symbol scanner.

Penke's Symbol Scanner

  
  
IndicatorConditionValue
OpenGreater thanClose1.250
Total0/1 (0.0%)



Latest Balance Sheet

Balance Sheet of 2023-03-31. Currency in NOK. All numbers in thousands.

Summary
Total Assets311,443
Total Liabilities141,267
Total Stockholder Equity170,176
 As reported
Total Liabilities 141,267
Total Stockholder Equity+ 170,176
Total Assets = 311,443

Assets

Total Assets311,443
Total Current Assets54,823
Long-term Assets54,823
Total Current Assets
Cash And Cash Equivalents 14,082
Net Receivables 9,436
Inventory 21,209
Other Current Assets 10,096
Total Current Assets  (as reported)54,823
Total Current Assets  (calculated)54,823
+/-0
Long-term Assets
Intangible Assets 28,472
Long-term Assets Other 3,999
Long-term Assets  (as reported)256,619
Long-term Assets  (calculated)32,471
+/- 224,148

Liabilities & Shareholders' Equity

Total Current Liabilities52,801
Long-term Liabilities88,466
Total Stockholder Equity170,176
Total Current Liabilities
Accounts payable 26,544
Other Current Liabilities 26,257
Total Current Liabilities  (as reported)52,801
Total Current Liabilities  (calculated)52,801
+/-0
Long-term Liabilities
Long term Debt 88,465
Long-term Liabilities Other 1
Long-term Liabilities  (as reported)88,466
Long-term Liabilities  (calculated)88,466
+/-0
Total Stockholder Equity
Total Stockholder Equity (as reported)170,176
Total Stockholder Equity (calculated)0
+/- 170,176
Other
Capital Stock7,614
Common Stock Shares Outstanding 76,145
Net Debt 74,383
Net Invested Capital 258,641
Net Working Capital 2,022



Balance Sheet

Currency in NOK. All numbers in thousands.

 Trend2023-03-312022-12-312022-09-302022-06-302022-03-312021-12-312021-09-302021-06-302021-03-312020-12-312020-03-31
> Total Assets 
0
27,962
0
180,070
169,956
167,340
190,727
248,377
324,752
345,781
311,443
311,443345,781324,752248,377190,727167,340169,956180,070027,9620
   > Total Current Assets 
0
12,488
2,418
137,373
86,957
139,990
94,642
138,549
47,755
98,992
54,823
54,82398,99247,755138,54994,642139,99086,957137,3732,41812,4880
       Cash And Cash Equivalents 
0
7,592
0
124,699
78,955
63,926
32,898
65,958
42,458
19,365
14,082
14,08219,36542,45865,95832,89863,92678,955124,69907,5920
       Net Receivables 
0
4,419
1,024
12,262
7,726
74,128
9,142
12,701
757
17,582
9,436
9,43617,58275712,7019,14274,1287,72612,2621,0244,4190
       Other Current Assets 
0
289
445
412
276
2,771
52,602
59,890
4,540
-1
10,096
10,096-14,54059,89052,6022,7712764124452890
   > Long-term Assets 
0
15,474
0
42,697
83,000
27,350
96,085
109,829
276,997
246,788
256,619
256,619246,788276,997109,82996,08527,35083,00042,697015,4740
       Property Plant Equipment 
0
0
1,220
31,039
68,346
3,965
65,072
63,340
222,315
0
0
00222,31563,34065,0723,96568,34631,0391,22000
       Intangible Assets 
0
3,571
0
4,394
5,783
7,647
12,463
19,932
22,208
24,305
28,472
28,47224,30522,20819,93212,4637,6475,7834,39403,5710
       Other Assets 
0
0
4,188
5,755
8,899
17,907
25,499
37,105
23,383
0
0
0023,38337,10525,49917,9078,8995,7554,18800
> Total Liabilities 
0
21,759
0
17,676
13,953
19,289
52,489
54,578
153,229
156,673
141,267
141,267156,673153,22954,57852,48919,28913,95317,676021,7590
   > Total Current Liabilities 
0
15,065
2,689
11,063
7,679
13,356
16,856
18,600
31,407
50,190
52,801
52,80150,19031,40718,60016,85613,3567,67911,0632,68915,0650
       Accounts payable 
0
12,345
1,357
9,150
5,598
6,288
10,562
11,641
13,694
23,784
26,544
26,54423,78413,69411,64110,5626,2885,5989,1501,35712,3450
       Other Current Liabilities 
0
2,720
1,332
1,913
2,081
5,189
5,021
6,959
15,666
26,406
26,257
26,25726,40615,6666,9595,0215,1892,0811,9131,3322,7200
   > Long-term Liabilities 
0
6,693
0
6,613
6,273
5,933
35,633
35,978
121,822
106,483
88,466
88,466106,483121,82235,97835,6335,9336,2736,61306,6930
       Long term Debt Total 
0
0
0
0
6,273
5,933
35,633
35,978
121,822
0
0
00121,82235,97835,6335,9336,2730000
       Other Liabilities 
0
0
0
0
0
0
0
0
0
0
0
00000000000
       Deferred Long Term Liability 
0
0
3,364
4,394
5,783
7,647
12,463
19,932
0
0
0
00019,93212,4637,6475,7834,3943,36400
> Total Stockholder Equity
0
6,203
0
162,394
156,004
148,051
138,238
193,799
171,523
189,108
170,176
170,176189,108171,523193,799138,238148,051156,004162,39406,2030
   Common Stock
0
0
610
2,744
2,744
2,744
2,744
4,258
4,258
0
0
004,2584,2582,7442,7442,7442,74461000
   Retained Earnings Total Equity00000000000
   Accumulated Other Comprehensive Income 00000000000
   Capital Surplus 
0
0
0
0
179,381
164,558
179,438
233,402
233,402
0
0
00233,402233,402179,438164,558179,3810000
   Treasury Stock00000000000
   Other Stockholders Equity 
0
0
50
-14,774
-26,122
-19,251
-43,944
-43,861
-66,137
0
0
00-66,137-43,861-43,944-19,251-26,122-14,7745000



Balance Sheet

Currency in NOK. All numbers in thousands.




Cash Flow

Currency in NOK. All numbers in thousands.




Income Statement

Currency in NOK. All numbers in thousands.


Latest Income Statement (annual, 2022-12-31)

Gross Profit (+$)
totalRevenue33,497
Cost of Revenue--26,326
Gross Profit59,82359,823
 
Operating Income (+$)
Gross Profit59,823
Operating Expense-97,714
Operating Income-64,217-37,891
 
Operating Expense (+$)
Research Development-
Selling General Administrative-
Selling And Marketing Expenses-
Operating Expense97,7140
 
Net Interest Income (+$)
Interest Income267
Interest Expense-256
Other Finance Cost-449
Net Interest Income-438
 
Pretax Income (+$)
Operating Income-64,217
Net Interest Income-438
Other Non-Operating Income Expenses-
Income Before Tax (EBT)-69,986-64,217
EBIT - interestExpense = -256
-76,296
-76,040
Interest Expense256
Earnings Before Interest and Taxes (EBIT)--69,730
Earnings Before Interest and Taxes (EBITDA)-57,249
 
After tax Income (+$)
Income Before Tax-69,986
Tax Provision-6,309
Net Income From Continuing Ops-76,295-76,295
Net Income-76,296
Net Income Applicable To Common Shares-
 
Non-recurring Events
Discontinued Operations-
Extraordinary Items-
Effect of Accounting Charges-
Other Items-
Non Recurring-
Other Operating Expenses-
Total Other Income/Expenses Net-438
 

Technicals of Argeo

1. Trend Indicators

1.1 Moving Averages

Shows the moving average of the selected period.

  • Moving averages are lagging trend indicators.
  • There are many types of moving averages.
  • Moving averages are also used within other indicators.

Directionalities and relatives.

Moving AverageAmount of candlesTrendPrice +/-vs. MA 50vs. MA 100vs. MA 200

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Argeo AS Daily Moving Averages ChartArgeo AS Daily Moving Averages Chart
1.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

  • MACD is a lagging momentum indicator.
  • Uses two moving averages.
  • Can show buy or sell signals based on momentum.
  • Can show overbought. and oversold. levels.

Let's take a look of the Moving Average Convergence/Divergence (MACD) of Argeo AS:

    Argeo AS Daily Moving Average Convergence/Divergence (MACD) ChartArgeo AS Daily Moving Average Convergence/Divergence (MACD) Chart
    1.3 Directional Movement Index (DMI)

    The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index).

    The ADX helps you determine the strength of a trend. Let's take a look of the ADX of Argeo AS:

    • The ADX is .
    • The ADX is declining, there is no upcoming trend indication. -1
    • The +DI crossed the -DI to the downside. The trend is reversing to a down trend. -1
    Argeo AS Daily Directional Movement Index (DMI) ChartArgeo AS Daily Directional Movement Index (DMI) Chart
    1.4 Parabolic SAR

    Shows the current trend and potential entry and exit signals.

    • Parabolic SAR (stop and reverse) is a lagging trend indicator.
    • Shows the current trend.
    • Shows potential entry signals.
    • Shows  potential exit signals.
    • Can be used to place trailing stoplosses..
  • The Parabolic SAR is lower than the price. The current trend is up. +2
  • Argeo AS Daily Parabolic SAR ChartArgeo AS Daily Parabolic SAR Chart

    2. Momentum Indicators

    2.1 Relative Strength Index (RSI)

    Measures the speed and change of price movements.

    • Leading momentum indicator, meaning the signals are instant.
    • Ranges between 0 and 100.
    • Above 70 is considered overbought.
    • Below 30 is considered oversold.
    • Above or below 50 can also be used to determine price trend or support and resistance.
    • RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
    • Can be used in many different ways
    • The RSI is below 50. -1
    • The RSI is below 30 and oversold. +2
    Argeo AS Daily Relative Strength Index (RSI) ChartArgeo AS Daily Relative Strength Index (RSI) Chart
    2.2 Stochastic Oscillator

    Compares a certain price to multiple prices ranging over time.

    • Leading momentum indicator, meaning the signals are instant.
    • Used to determine overbought and oversold areas much like the RSI.
    • Ranges between 0 and 100.
    • Above 80 is considered overbought.
    • Below 20 is considered oversold.
    • Consists of two lines named K and D.
    • K compares the highest high and lowest low on the selected price range.
    • The D line is a moving average of the K line.
    • Can be used to spot divergences
    • The Stochastic is below 50. -1
    • The Stochastic is below 30 and oversold. +2
    Argeo AS Daily Stochastic Oscillator ChartArgeo AS Daily Stochastic Oscillator Chart
    2.3 Commodity Channel Index (CCI)
    Argeo AS Daily Commodity Channel Index (CCI) ChartArgeo AS Daily Commodity Channel Index (CCI) Chart
    2.4 Chande Momentum Oscillator (CMO)
    Argeo AS Daily Chande Momentum Oscillator (CMO) ChartArgeo AS Daily Chande Momentum Oscillator (CMO) Chart
    2.5 Williams %R
    Argeo AS Daily Williams %R ChartArgeo AS Daily Williams %R Chart

    3. Volatility Indicators

    3.1 Bollinger Bands
    Argeo AS Daily Bollinger Bands ChartArgeo AS Daily Bollinger Bands Chart
    3.2 Average True Range (ATR)
    Argeo AS Daily Average True Range (ATR) ChartArgeo AS Daily Average True Range (ATR) Chart

    4. Volume Indicators

    4.1 On-Balance Volume (OBV)
    Argeo AS Daily On-Balance Volume (OBV) ChartArgeo AS Daily On-Balance Volume (OBV) Chart
    4.2 Money Flow Index (MFI)
    Argeo AS Daily Money Flow Index (MFI) ChartArgeo AS Daily Money Flow Index (MFI) Chart

    5. Summary

    5.1. Notifications

    TypeNotificationDate
    PenkeCurrently no notifications for Argeo AS.

    5.2. Trading Signals

    DateIndicatorEntry signalExit signal
    2023-05-25SAR SHORT ENTRY LONG CLOSEprice crossed sar to downside
    2023-05-30MACD SHORT ENTRY LONG CLOSE
    DMI LONG ENTRY SHORT CLOSE
    STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    2023-05-31MACD LONG ENTRY SHORT CLOSE
    DMI SHORT ENTRY LONG CLOSE
    WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside
    ATR SHORT ENTRY LONG CLOSE
    2023-06-05STOCH LONG ENTRY SHORT CLOSE20 crossover to upside
    2023-06-06WILLR SHORT ENTRY LONG CLOSE-80 crossover to downside

    5.2. Technical Score

    Let's check the technical score of Argeo AS based on Penke's default Symbol scanner.

    Penke's Symbol Scanner

      
      
    IndicatorConditionValue
    OpenGreater thanClose1.250
    Total0/1 (0.0%)

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