REM SALTIRE AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

2,35 %

Current Ratio

2,35

Debt-to-Equity Ratio

3,03

Key figures (NOK)	2022	2021	2020	2019
Revenue	118 793 000	103 695 000	101 625 000	87 857 000
Net Income	1 908 000	14 207 000	5 709 000	−9 170 000
Total Assets	346 292 000	355 678 000	381 528 000	361 736 000
Total Equity	81 302 000	79 395 000	65 187 000	59 478 000

Income (NOK)	2022	2021	2020	2019
Revenue	118 793 000	103 695 000	101 625 000	87 857 000
Expenditure	79 664 000	68 300 000	62 670 000	61 728 000
Operating Profit	39 130 000	35 394 000	38 956 000	26 130 000
Financial Income	4 000	1 721 000	6 760 000	45 000
Financial Costs	36 043 000	22 907 000	40 007 000	35 345 000
Financial Balance	−36 039 000	−21 186 000	−33 247 000	−35 300 000
Earnings Before Tax	3 091 000	14 207 000	5 709 000	−9 170 000
Tax	1 183 000	0	0	0
Net Income	1 908 000	14 207 000	5 709 000	−9 170 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	302 183 000	327 662 000	329 741 000	330 882 000
Total Current Assets	44 109 000	28 016 000	51 787 000	30 855 000
Total Assets	346 292 000	355 678 000	381 528 000	361 736 000
Total Retained Equity	21 824 000	19 917 000	5 709 000	0
Total Equity	81 302 000	79 395 000	65 187 000	59 478 000
Total Long-Term Debt	246 200 000	267 800 000	287 397 000	289 691 000
Total Current Debt	18 789 000	8 483 000	28 944 000	12 568 000
Total Equity and Debt	346 292 000	355 678 000	381 528 000	361 736 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	115 372 000	103 241 000	101 625 000	87 807 000
Other Income	3 421 000	454 000	0	51 000
Revenue	118 793 000	103 695 000	101 625 000	87 857 000
Cost of Goods Sold	0	0	0	0
Salary Costs	29 710 000	27 080 000	26 397 000	24 931 000
Depreciation	33 847 000	26 409 000	22 758 000	22 345 000
Impairment	8 290 000	6 936 000	6 613 000	8 322 000
Expenditure	79 664 000	68 300 000	62 670 000	61 728 000
Operating Profit	39 130 000	35 394 000	38 956 000	26 130 000
Financial Income	4 000	1 721 000	6 760 000	45 000
Financial Costs	36 043 000	22 907 000	40 007 000	35 345 000
Financial Balance	−36 039 000	−21 186 000	−33 247 000	−35 300 000
Dividends	0	0	0	0
Net Income	1 908 000	14 207 000	5 709 000	−9 170 000

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	0	0	0	0
Total Tangible Assets	302 183 000	327 662 000	329 741 000	330 882 000
Total Fiancial Fixed Assets	0	0	0	0
Total Fixed Assets	302 183 000	327 662 000	329 741 000	330 882 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	6 118 000	5 612 000	32 634 000	10 844 000
Total Current Assets	44 109 000	28 016 000	51 787 000	30 855 000
Total Assets	346 292 000	355 678 000	381 528 000	361 736 000
Total Equity	81 302 000	79 395 000	65 187 000	59 478 000
Short-Term Group Debt	0	0	10 022 000	941 000
Total Long-Term Debt	246 200 000	267 800 000	287 397 000	289 691 000
Creditors	4 157 000	6 968 000	7 679 000	2 561 000
Unpaid Taxes	2 156 000	0	0	0
Dividends	0	0	0	0
Other Current Debt	12 477 000	1 515 000	11 243 000	9 066 000
Total Current Debt	18 789 000	8 483 000	28 944 000	12 568 000
Total Equity and Debt	346 292 000	355 678 000	381 528 000	361 736 000

Financial indicators	2022	2021	2020	2019
Return on Equity	2,35 %	17,89 %	8,76 %	−15,42 %
Debt-to-Equity Ratio	3,03	3,37	4,41	4,87
Operating Profit Margin	32,94 %	34,13 %	38,33 %	29,74 %
Current Ratio	2,35	3,3	1,79	2,46
Quick Ratio	2,35	3,3	1,79	2,46
Equity Ratio	0,23	0,22	0,17	0,16
Gross Profit Margin	100 %	100 %	100 %	100 %