REMO AS

4515 MANDAL

Finances

Return on Equity

2,3 %

Current Ratio

0,35

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	0	0	0	20 000
Net Income	733 000	1 555 000	6 206 000	3 853 000
Total Assets	34 052 000	32 084 000	36 506 000	46 923 000
Total Equity	31 921 000	31 789 000	36 234 000	44 028 000

Income (NOK)	2022	2021	2020	2019
Revenue	0	0	0	20 000
Expenditure	194 000	403 000	573 000	347 000
Operating Profit	−194 000	−403 000	−573 000	−327 000
Financial Income	1 461 000	2 893 000	7 567 000	6 198 000
Financial Costs	375 000	935 000	788 000	2 018 000
Financial Balance	1 086 000	1 958 000	6 779 000	4 180 000
Earnings Before Tax	892 000	1 555 000	6 206 000	3 853 000
Tax	160 000	0	0	0
Net Income	733 000	1 555 000	6 206 000	3 853 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	33 306 000	26 837 000	33 462 000	25 323 000
Total Current Assets	746 000	5 247 000	3 044 000	21 600 000
Total Assets	34 052 000	32 084 000	36 506 000	46 923 000
Total Retained Equity	9 022 000	8 890 000	13 335 000	21 129 000
Total Equity	31 921 000	31 789 000	36 234 000	44 028 000
Total Long-Term Debt	19 000	145 000	145 000	2 777 000
Total Current Debt	2 112 000	150 000	127 000	118 000
Total Equity and Debt	34 052 000	32 084 000	36 506 000	46 923 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	0	0	0	0
Other Income	0	0	0	20 000
Revenue	0	0	0	20 000
Cost of Goods Sold	0	0	0	0
Salary Costs	16 000	171 000	170 000	166 000
Depreciation	0	0	0	0
Impairment	0	0	0	0
Expenditure	194 000	403 000	573 000	347 000
Operating Profit	−194 000	−403 000	−573 000	−327 000
Financial Income	1 461 000	2 893 000	7 567 000	6 198 000
Financial Costs	375 000	935 000	788 000	2 018 000
Financial Balance	1 086 000	1 958 000	6 779 000	4 180 000
Dividends	600 000	6 000 000	14 000 000	2 500 000
Net Income	733 000	1 555 000	6 206 000	3 853 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	154 000	154 000	154 000	154 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	0	0	0	0
Total Tangible Assets	154 000	154 000	154 000	154 000
Total Fiancial Fixed Assets	33 152 000	26 683 000	33 308 000	25 169 000
Total Fixed Assets	33 306 000	26 837 000	33 462 000	25 323 000
Stock	0	0	0	0
Total Investments	0	0	0	1 532 000
Cash, Bank	0	4 823 000	1 620 000	11 773 000
Total Current Assets	746 000	5 247 000	3 044 000	21 600 000
Total Assets	34 052 000	32 084 000	36 506 000	46 923 000
Total Equity	31 921 000	31 789 000	36 234 000	44 028 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	19 000	145 000	145 000	2 777 000
Creditors	92 000	138 000	82 000	68 000
Unpaid Taxes	0	13 000	16 000	13 000
Dividends	600 000	6 000 000	14 000 000	2 500 000
Other Current Debt	8 000	0	29 000	36 000
Total Current Debt	2 112 000	150 000	127 000	118 000
Total Equity and Debt	34 052 000	32 084 000	36 506 000	46 923 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,3 %	4,89 %	17,13 %	8,75 %
Debt-to-Equity Ratio	0	0	0	0,06
Operating Profit Margin	-	-	-	−1 635 %
Current Ratio	0,35	34,98	23,97	183,05
Quick Ratio	0,35	34,98	23,97	183,05
Equity Ratio	0,94	0,99	0,99	0,94
Gross Profit Margin	-	-	-	100 %