REMØY GROUP AS

6090 FOSNAVÅG

Finances

Return on Equity

−7,78 %

Current Ratio

5,55

Debt-to-Equity Ratio

1,4

Key figures (NOK)	2022	2021	2020	2019
Revenue	228 051 000	288 848 000	267 194 000	169 482 000
Net Income	−13 628 000	−1 387 000	−20 995 000	−31 184 000
Total Assets	448 079 000	872 227 000	889 688 000	937 096 000
Total Equity	175 084 000	203 919 000	205 306 000	226 301 000

Income (NOK)	2022	2021	2020	2019
Revenue	228 051 000	288 848 000	267 194 000	169 482 000
Expenditure	227 914 000	267 309 000	269 887 000	183 179 000
Operating Profit	138 000	21 538 000	−2 693 000	−13 697 000
Financial Income	1 526 000	1 210 000	183 000	390 000
Financial Costs	18 896 000	21 753 000	22 559 000	25 760 000
Financial Balance	−17 370 000	−20 543 000	−22 376 000	−25 370 000
Earnings Before Tax	−17 232 000	995 000	−25 069 000	−39 067 000
Tax	−3 604 000	2 382 000	−4 074 000	−7 884 000
Net Income	−13 628 000	−1 387 000	−20 995 000	−31 184 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	292 629 000	720 788 000	762 516 000	823 083 000
Total Current Assets	155 450 000	151 440 000	127 172 000	114 013 000
Total Assets	448 079 000	872 227 000	889 688 000	937 096 000
Total Retained Equity	174 786 000	203 621 000	205 008 000	226 003 000
Total Equity	175 084 000	203 919 000	205 306 000	226 301 000
Total Long-Term Debt	245 010 000	623 129 000	635 555 000	664 298 000
Total Current Debt	27 984 000	45 180 000	48 827 000	46 496 000
Total Equity and Debt	448 079 000	872 227 000	889 688 000	937 096 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	159 686 000	178 383 000	162 385 000	152 618 000
Other Income	68 365 000	110 465 000	104 809 000	16 864 000
Revenue	228 051 000	288 848 000	267 194 000	169 482 000
Cost of Goods Sold	0	0	0	0
Salary Costs	107 262 000	143 346 000	151 848 000	68 210 000
Depreciation	53 287 000	63 808 000	61 986 000	60 962 000
Impairment	25 881 000	21 640 000	25 059 000	19 726 000
Expenditure	227 914 000	267 309 000	269 887 000	183 179 000
Operating Profit	138 000	21 538 000	−2 693 000	−13 697 000
Financial Income	1 526 000	1 210 000	183 000	390 000
Financial Costs	18 896 000	21 753 000	22 559 000	25 760 000
Financial Balance	−17 370 000	−20 543 000	−22 376 000	−25 370 000
Dividends	0	0	0	0
Net Income	−13 628 000	−1 387 000	−20 995 000	−31 184 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	6 116 000
Total Intangible Assets	0	0	0	6 116 000
Real Eastate	4 023 000	4 313 000	4 603 000	4 892 000
Machinery and Plant Facilities	0	0	0	0
Fixtures	426 000	283 000	144 000	73 000
Total Tangible Assets	291 362 000	719 521 000	759 326 000	810 926 000
Total Fiancial Fixed Assets	1 267 000	1 267 000	3 190 000	6 040 000
Total Fixed Assets	292 629 000	720 788 000	762 516 000	823 083 000
Stock	0	0	0	0
Total Investments	355 000	427 000	0	0
Cash, Bank	129 810 000	105 626 000	91 535 000	82 471 000
Total Current Assets	155 450 000	151 440 000	127 172 000	114 013 000
Total Assets	448 079 000	872 227 000	889 688 000	937 096 000
Total Equity	175 084 000	203 919 000	205 306 000	226 301 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	245 010 000	623 129 000	635 555 000	664 298 000
Creditors	4 440 000	7 991 000	4 069 000	15 728 000
Unpaid Taxes	11 532 000	19 328 000	19 848 000	19 224 000
Dividends	0	0	0	0
Other Current Debt	12 013 000	17 862 000	24 910 000	11 544 000
Total Current Debt	27 984 000	45 180 000	48 827 000	46 496 000
Total Equity and Debt	448 079 000	872 227 000	889 688 000	937 096 000

Financial indicators	2022	2021	2020	2019
Return on Equity	−7,78 %	−0,68 %	−10,23 %	−13,78 %
Debt-to-Equity Ratio	1,4	3,06	3,1	2,94
Operating Profit Margin	0,06 %	7,46 %	−1,01 %	−8,08 %
Current Ratio	5,55	3,35	2,6	2,45
Quick Ratio	5,55	3,35	2,6	2,45
Equity Ratio	0,39	0,23	0,23	0,24
Gross Profit Margin	100 %	100 %	100 %	100 %