REMIN AS

8450 STOKMARKNES

Finances

Return on Equity

15,23 %

Current Ratio

8,34

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020
Revenue	31 650 000	37 414 000	5 240 000
Net Income	5 822 000	7 638 000	1 192 000
Total Assets	43 090 000	39 201 000	9 982 000
Total Equity	38 234 000	32 365 000	5 994 000

Income (NOK)	2022	2021	2020
Revenue	31 650 000	37 414 000	5 240 000
Expenditure	24 460 000	27 721 000	3 715 000
Operating Profit	7 190 000	9 693 000	1 525 000
Financial Income	287 000	100 000	2 000
Financial Costs	5 000	1 000	0
Financial Balance	282 000	99 000	2 000
Earnings Before Tax	7 472 000	9 792 000	1 527 000
Tax	1 650 000	2 154 000	335 000
Net Income	5 822 000	7 638 000	1 192 000

Balance (NOK)	2022	2021	2020
Total Fixed Assets	2 608 000	6 986 000	7 731 000
Total Current Assets	40 482 000	32 215 000	2 252 000
Total Assets	43 090 000	39 201 000	9 982 000
Total Retained Equity	14 645 000	8 824 000	1 192 000
Total Equity	38 234 000	32 365 000	5 994 000
Total Long-Term Debt	0	0	0
Total Current Debt	4 856 000	6 836 000	3 988 000
Total Equity and Debt	43 090 000	39 201 000	9 982 000

Cash flow (NOK)	2022	2021	2020
Sales Income	31 650 000	37 414 000	4 490 000
Other Income	0	0	750 000
Revenue	31 650 000	37 414 000	5 240 000
Cost of Goods Sold	8 684 000	7 929 000	2 160 000
Salary Costs	5 612 000	6 203 000	358 000
Depreciation	2 734 000	5 333 000	515 000
Impairment	1 645 000	1 000 000	0
Expenditure	24 460 000	27 721 000	3 715 000
Operating Profit	7 190 000	9 693 000	1 525 000
Financial Income	287 000	100 000	2 000
Financial Costs	5 000	1 000	0
Financial Balance	282 000	99 000	2 000
Dividends	0	0	0
Net Income	5 822 000	7 638 000	1 192 000

Balance details (NOK)	2022	2021	2020
Goodwill	0	0	0
Total Intangible Assets	2 608 000	6 986 000	7 731 000
Real Eastate	0	0	0
Machinery and Plant Facilities	0	0	0
Fixtures	0	0	0
Total Tangible Assets	0	0	0
Total Fiancial Fixed Assets	0	0	0
Total Fixed Assets	2 608 000	6 986 000	7 731 000
Stock	0	0	0
Total Investments	0	0	0
Cash, Bank	37 498 000	29 090 000	449 000
Total Current Assets	40 482 000	32 215 000	2 252 000
Total Assets	43 090 000	39 201 000	9 982 000
Total Equity	38 234 000	32 365 000	5 994 000
Short-Term Group Debt	0	0	0
Total Long-Term Debt	0	0	0
Creditors	1 691 000	1 842 000	1 559 000
Unpaid Taxes	189 000	2 110 000	242 000
Dividends	0	0	0
Other Current Debt	1 326 000	730 000	1 852 000
Total Current Debt	4 856 000	6 836 000	3 988 000
Total Equity and Debt	43 090 000	39 201 000	9 982 000

Financial indicators	2022	2021	2020
Return on Equity	15,23 %	23,6 %	19,89 %
Debt-to-Equity Ratio	0	0	0
Operating Profit Margin	22,72 %	25,91 %	29,1 %
Current Ratio	8,34	4,71	0,56
Quick Ratio	8,34	4,71	0,56
Equity Ratio	0,89	0,83	0,6
Gross Profit Margin	72,56 %	78,81 %	58,78 %