REMOTE HEALTH INTERNATIONAL AS

4033 STAVANGER

Finances

Return on Equity

−39,7 %

Current Ratio

5,26

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	7 180 000	27 645 000	6 951 000	440 000
Net Income	−2 959 000	9 844 000	2 954 000	−220 000
Total Assets	8 386 000	13 898 000	5 379 000	592 000
Total Equity	7 454 000	10 451 000	3 307 000	354 000

Income (NOK)	2022	2021	2020	2019
Revenue	7 180 000	27 645 000	6 951 000	440 000
Expenditure	10 443 000	16 496 000	3 222 000	661 000
Operating Profit	−3 262 000	11 149 000	3 729 000	−220 000
Financial Income	299 000	2 000	0	0
Financial Costs	20 000	14 000	9 000	0
Financial Balance	279 000	−12 000	−9 000	0
Earnings Before Tax	−2 984 000	11 137 000	3 721 000	−220 000
Tax	−25 000	1 293 000	767 000	0
Net Income	−2 959 000	9 844 000	2 954 000	−220 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	3 484 000	1 238 000	874 000	24 000
Total Current Assets	4 902 000	12 659 000	4 505 000	568 000
Total Assets	8 386 000	13 898 000	5 379 000	592 000
Total Retained Equity	6 892 000	9 851 000	2 713 000	−241 000
Total Equity	7 454 000	10 451 000	3 307 000	354 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	932 000	3 446 000	2 072 000	239 000
Total Equity and Debt	8 386 000	13 898 000	5 379 000	592 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	7 178 000	27 645 000	6 951 000	440 000
Other Income	3 000	0	0	0
Revenue	7 180 000	27 645 000	6 951 000	440 000
Cost of Goods Sold	1 602 000	5 832 000	1 178 000	197 000
Salary Costs	5 339 000	6 784 000	925 000	224 000
Depreciation	432 000	379 000	122 000	5 000
Impairment	0	0	0	0
Expenditure	10 443 000	16 496 000	3 222 000	661 000
Operating Profit	−3 262 000	11 149 000	3 729 000	−220 000
Financial Income	299 000	2 000	0	0
Financial Costs	20 000	14 000	9 000	0
Financial Balance	279 000	−12 000	−9 000	0
Dividends	0	2 700 000	0	0
Net Income	−2 959 000	9 844 000	2 954 000	−220 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	46 000	22 000	0	0
Real Eastate	0	0	7 000	7 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	1 178 000	1 187 000	867 000	17 000
Total Tangible Assets	1 178 000	1 187 000	874 000	24 000
Total Fiancial Fixed Assets	2 260 000	30 000	0	0
Total Fixed Assets	3 484 000	1 238 000	874 000	24 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	3 570 000	9 753 000	1 092 000	511 000
Total Current Assets	4 902 000	12 659 000	4 505 000	568 000
Total Assets	8 386 000	13 898 000	5 379 000	592 000
Total Equity	7 454 000	10 451 000	3 307 000	354 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	59 000	911 000	564 000	0
Unpaid Taxes	332 000	563 000	204 000	24 000
Dividends	0	2 700 000	0	0
Other Current Debt	542 000	625 000	537 000	214 000
Total Current Debt	932 000	3 446 000	2 072 000	239 000
Total Equity and Debt	8 386 000	13 898 000	5 379 000	592 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−39,7 %	94,19 %	89,33 %	−62,15 %
Debt-to-Equity Ratio	0	0	0	0
Operating Profit Margin	−45,43 %	40,33 %	53,65 %	−50 %
Current Ratio	5,26	3,67	2,17	2,38
Quick Ratio	5,26	3,67	2,17	2,38
Equity Ratio	0,89	0,75	0,61	0,6
Gross Profit Margin	77,69 %	78,9 %	83,05 %	55,23 %