REMTECH NORDIC AS

1543 VESTBY

Finances

Share Ownership

Return on Equity

46,07 %

Current Ratio

1,29

Debt-to-Equity Ratio

Key figures (NOK)	2022	2021	2020	2019
Revenue	15 921 000	9 622 000	11 900 000	3 320 000
Net Income	580 000	378 000	993 000	−916 000
Total Assets	4 868 000	2 087 000	2 296 000	1 322 000
Total Equity	1 259 000	806 000	428 000	−565 000

Income (NOK)	2022	2021	2020	2019
Revenue	15 921 000	9 622 000	11 900 000	3 320 000
Expenditure	15 108 000	9 184 000	11 050 000	4 127 000
Operating Profit	814 000	438 000	852 000	−807 000
Financial Income	61 000	97 000	250 000	14 000
Financial Costs	158 000	158 000	108 000	123 000
Financial Balance	−97 000	−61 000	142 000	−109 000
Earnings Before Tax	716 000	378 000	993 000	−916 000
Tax	136 000	0	0	0
Net Income	580 000	378 000	993 000	−916 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	227 000	0	23 000	0
Total Current Assets	4 640 000	2 087 000	2 274 000	1 322 000
Total Assets	4 868 000	2 087 000	2 296 000	1 322 000
Total Retained Equity	609 000	156 000	−222 000	−1 215 000
Total Equity	1 259 000	806 000	428 000	−565 000
Total Long-Term Debt	0	0	0	0
Total Current Debt	3 608 000	1 281 000	1 868 000	1 887 000
Total Equity and Debt	4 868 000	2 087 000	2 296 000	1 322 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	15 921 000	9 622 000	11 900 000	3 320 000
Other Income	0	0	0	0
Revenue	15 921 000	9 622 000	11 900 000	3 320 000
Cost of Goods Sold	7 540 000	5 432 000	7 235 000	1 880 000
Salary Costs	4 773 000	2 358 000	1 598 000	1 178 000
Depreciation	21 000	5 000	8 000	0
Impairment	0	0	0	0
Expenditure	15 108 000	9 184 000	11 050 000	4 127 000
Operating Profit	814 000	438 000	852 000	−807 000
Financial Income	61 000	97 000	250 000	14 000
Financial Costs	158 000	158 000	108 000	123 000
Financial Balance	−97 000	−61 000	142 000	−109 000
Dividends	0	0	0	0
Net Income	580 000	378 000	993 000	−916 000

Balance details (NOK)	2022	2021	2020	2019
Goodwill	0	0	0	0
Total Intangible Assets	0	0	0	0
Real Eastate	0	0	0	0
Machinery and Plant Facilities	0	0	0	0
Fixtures	227 000	0	23 000	0
Total Tangible Assets	227 000	0	23 000	0
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	227 000	0	23 000	0
Stock	42 000	42 000	42 000	42 000
Total Investments	0	0	0	0
Cash, Bank	2 137 000	801 000	1 016 000	60 000
Total Current Assets	4 640 000	2 087 000	2 274 000	1 322 000
Total Assets	4 868 000	2 087 000	2 296 000	1 322 000
Total Equity	1 259 000	806 000	428 000	−565 000
Short-Term Group Debt	0	0	0	0
Total Long-Term Debt	0	0	0	0
Creditors	1 029 000	594 000	997 000	84 000
Unpaid Taxes	1 731 000	376 000	576 000	391 000
Dividends	0	0	0	0
Other Current Debt	748 000	311 000	295 000	1 096 000
Total Current Debt	3 608 000	1 281 000	1 868 000	1 887 000
Total Equity and Debt	4 868 000	2 087 000	2 296 000	1 322 000

Financial indicators	2022	2021	2020	2019
Return on Equity	46,07 %	46,9 %	232,01 %	162,12 %
Debt-to-Equity Ratio	0	0	0	−0
Operating Profit Margin	5,11 %	4,55 %	7,16 %	−24,31 %
Current Ratio	1,29	1,63	1,22	0,7
Quick Ratio	1,3	1,68	1,25	0,72
Equity Ratio	0,26	0,39	0,19	−0,43
Gross Profit Margin	52,64 %	43,55 %	39,2 %	43,37 %