REM SUBSEA AS

6090 FOSNAVÅG

Finances

Share Ownership

Return on Equity

11,18 %

Current Ratio

2,36

Debt-to-Equity Ratio

4,12

Key figures (NOK)	2022	2021	2020	2019
Revenue	66 777 000	88 663 000	115 974 000	113 204 000
Net Income	7 623 000	−26 636 000	−3 148 000	18 895 000
Total Assets	372 053 000	404 074 000	397 411 000	415 946 000
Total Equity	68 214 000	60 591 000	69 404 000	72 552 000

Income (NOK)	2022	2021	2020	2019
Revenue	66 777 000	88 663 000	115 974 000	113 204 000
Expenditure	42 974 000	95 588 000	94 667 000	75 187 000
Operating Profit	23 802 000	−6 925 000	21 307 000	38 017 000
Financial Income	983 000	21 000	115 000	1 696 000
Financial Costs	17 162 000	19 732 000	24 570 000	20 818 000
Financial Balance	−16 179 000	−19 711 000	−24 455 000	−19 122 000
Earnings Before Tax	7 623 000	−26 636 000	−3 148 000	18 895 000
Tax	0	0	0	0
Net Income	7 623 000	−26 636 000	−3 148 000	18 895 000

Balance (NOK)	2022	2021	2020	2019
Total Fixed Assets	318 119 000	342 381 000	350 762 000	359 044 000
Total Current Assets	53 934 000	61 693 000	46 649 000	56 902 000
Total Assets	372 053 000	404 074 000	397 411 000	415 946 000
Total Retained Equity	3 201 000	−4 422 000	4 404 000	7 552 000
Total Equity	68 214 000	60 591 000	69 404 000	72 552 000
Total Long-Term Debt	280 953 000	297 738 000	310 012 000	322 608 000
Total Current Debt	22 886 000	45 745 000	17 995 000	20 785 000
Total Equity and Debt	372 053 000	404 074 000	397 411 000	415 946 000

Cash flow (NOK)	2022	2021	2020	2019
Sales Income	66 744 000	77 262 000	101 613 000	99 201 000
Other Income	33 000	11 401 000	14 361 000	14 003 000
Revenue	66 777 000	88 663 000	115 974 000	113 204 000
Cost of Goods Sold	0	0	0	0
Salary Costs	2 496 000	37 614 000	35 160 000	29 384 000
Depreciation	26 033 000	19 620 000	18 008 000	17 398 000
Impairment	0	0	0	0
Expenditure	42 974 000	95 588 000	94 667 000	75 187 000
Operating Profit	23 802 000	−6 925 000	21 307 000	38 017 000
Financial Income	983 000	21 000	115 000	1 696 000
Financial Costs	17 162 000	19 732 000	24 570 000	20 818 000
Financial Balance	−16 179 000	−19 711 000	−24 455 000	−19 122 000
Dividends	0	0	0	0
Net Income	7 623 000	−26 636 000	−3 148 000	18 895 000

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	317 488 000	341 749 000	350 762 000	359 044 000
Total Fiancial Fixed Assets	631 000	631 000	0	0
Total Fixed Assets	318 119 000	342 381 000	350 762 000	359 044 000
Stock	0	0	0	0
Total Investments	0	0	0	0
Cash, Bank	23 076 000	16 407 000	25 398 000	39 953 000
Total Current Assets	53 934 000	61 693 000	46 649 000	56 902 000
Total Assets	372 053 000	404 074 000	397 411 000	415 946 000
Total Equity	68 214 000	60 591 000	69 404 000	72 552 000
Short-Term Group Debt	10 355 000	7 344 000	6 988 000	6 653 000
Total Long-Term Debt	280 953 000	297 738 000	310 012 000	322 608 000
Creditors	4 830 000	30 479 000	8 682 000	7 806 000
Unpaid Taxes	0	0	0	0
Dividends	0	0	0	0
Other Current Debt	7 702 000	7 922 000	2 324 000	6 326 000
Total Current Debt	22 886 000	45 745 000	17 995 000	20 785 000
Total Equity and Debt	372 053 000	404 074 000	397 411 000	415 946 000

Financial indicators	2022	2021	2020	2019
Return on Equity	11,18 %	−43,96 %	−4,54 %	26,04 %
Debt-to-Equity Ratio	4,12	4,91	4,47	4,45
Operating Profit Margin	35,64 %	−7,81 %	18,37 %	33,58 %
Current Ratio	2,36	1,35	2,59	2,74
Quick Ratio	2,36	1,35	2,59	2,74
Equity Ratio	0,18	0,15	0,17	0,17
Gross Profit Margin	100 %	100 %	100 %	100 %