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Last 45.50 NOK
Change Today 0.00 / 0.00%
Volume 0.0
REM On Other Exchanges
Symbol
Exchange
Oslo
As of 10:25 AM 03/2/15 All times are local (Market data is delayed by at least 15 minutes).

Financial Statements for rem offshore asa (REM)

Year over year, Rem Offshore ASA has been able to grow revenues from 941.8M NOK to 1.4B NOK. Most impressively, the company has been able to reduce the percentage of sales devoted to cost of goods sold from 45.35% to 36.76%. This was a driver that led to a bottom line growth from 174.8M NOK to 327.1M NOK.
View Income Statement In U.S. Dollar
Currency in
Millions of Norwegian Krones
As of:Dec 31
2011
Restated
NOK
Dec 31
2012
Restated
NOK
Dec 31
2013
NOK
Dec 31
2014
Press
Release

NOK
4 Year
Trend
Revenues633.0719.3941.81,366.8
Other Revenues20.120.728.346.0
TOTAL REVENUES653.0740.0970.11,412.8
Cost of Goods Sold286.9349.9427.1502.4
GROSS PROFIT366.1390.1543.0910.3
Selling General & Admin Expenses, Total16.420.922.2--
Depreciation & Amortization, Total77.997.9113.3141.0
Other Operating Expenses16.315.915.247.8
OTHER OPERATING EXPENSES, TOTAL110.6134.8150.7188.8
OPERATING INCOME255.5255.3392.2721.5
Interest Expense-143.5-168.4-214.8-240.3
Interest and Investment Income9.19.115.57.6
NET INTEREST EXPENSE-134.3-159.3-199.3-232.7
Income (Loss) on Equity Investments0.21.94.3-2.0
Currency Exchange Gains (Loss)25.934.325.2--
Other Non-Operating Income (Expenses)-7.3-10.1-34.4-113.1
EBT, EXCLUDING UNUSUAL ITEMS140.0122.1188.1373.8
Gain (Loss) on Sale of Investments0.30.70.9--
Gain (Loss) on Sale of Assets--107.3----
EBT, INCLUDING UNUSUAL ITEMS140.3230.1188.9373.8
Income Tax Expense5.2-4.0-0.83.1
Minority Interest in Earnings-3.6-7.8-14.9-43.6
Earnings from Continuing Operations135.1234.1189.7370.7
NET INCOME131.5226.3174.8327.1
NET INCOME TO COMMON INCLUDING EXTRA ITEMS131.5226.3174.8327.1
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS131.5226.3174.8327.1
 

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REM Competitors

Market data is delayed at least 15 minutes.

Company Last Change
AP Moeller - Maersk A/S kr14,540 DKK -1,870.00
DOF ASA 8.30 NOK 0.00
Farstad Shipping ASA 34.00 NOK +0.40
Havila Shipping ASA 10.00 NOK -0.10
Solstad Offshore ASA 48.00 NOK +2.00
View Industry Companies
 

Industry Analysis

REM

Industry Average

Valuation REM Industry Range
Price/Earnings 2.6x
Price/Sales 0.6x
Price/Book 0.4x
Price/Cash Flow 1.8x
TEV/Sales NM Not Meaningful
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