REM SUBSEA AS
Score · fiscal year 2023
81of 100
How to read this: the company is ahead of 98 % of medium-sized companies in the same sector in 2023. What does this mean?
Rank: 19 of 565 · Olje og gass
Profile
Lion · Leader
High profitability, high solidity
Position against comparable companies in 2023, not a verdict on the company. Based on profitability 97 and solidity 67 out of 100 among medium-sized companies in the same sector in 2023. Methodology
Against the sector
REM SUBSEA AS is 33 points above the median for medium-sized companies in the same sector in 2023.
Median score 48 among 132 companies.
Against medium-sized companies in the same sector in 2023: operating margin 236.3% (median 7.8%) and equity ratio 53.0% (median 33.9%).
The numbers behind the score
| Measure | Company | Median |
|---|---|---|
| Operating revenue | 108 MNOK | 231 MNOK |
| Operating margin | 236.3% | 7.8% |
| Profit margin | 215.9% | 8.1% |
| Return on assets | 44.1% | 9.0% |
| Equity ratio | 53.0% | 33.9% |
| Debt-to-equity | 0.89 | 1.59 |
| Current ratio | 2.00 | 1.26 |
| Revenue growth | – | 15.0% |
The median and “ahead of” refer to medium-sized companies in the same sector in 2023. The bar shows the share of companies the figure is ahead of.
With an index of 81, REM SUBSEA AS does better than 98% of medium-sized companies in the same sector (132 companies) in 2023.
Score 2023–2025
- REM SUBSEA AS
- Median: medium-sized companies in the same sector
What the numbers say
REM SUBSEA AS had an operating margin of 236.3% and an equity ratio of 53.0% in 2023, and ranks 19 of 565 in Olje og gass.
This text is generated automatically from the 2023 accounts.
Three simple methods
The methods give between 307 MNOK and 2,327 MNOK.
| Method | Multiple | Estimate |
|---|---|---|
| P/E | 10.0 | 2,327 MNOK |
| EV/EBIT | 8.0 | 1,828 MNOK |
| P/B | 1.0 | 307 MNOK |
A mechanical estimate from public accounts, not advice. Mechanical estimate from public accounts with fixed multiples. Not a valuation and not advice to buy or sell. The multiples are provisional default values and must be adjusted per sector before the figures are used for anything. See the calculation
Worth a closer look
No rules were triggered for this year.
Indications based on the latest annual accounts from open data. Not investment or financial advice.
Data quality
- watch Extreme margin: check the figures
Scenario analysis: the sector's weakest year
We have no accounts for 2022, the sector's weakest year, for this company.
The sector's weakest year was 2022, with a median operating margin of 1.5%. Based on the 5 fiscal years we have. The analysis grows as more years are fetched or imported. Methodology
What the score is made of
| Profitability | 97 | weight 30% |
|---|---|---|
| Solidity | 67 | weight 25% |
| Liquidity | 71 | weight 15% |
| Growth | – | no data, left out |
| Consistency | 85 | weight 15% |
Index version 2. Data completeness 85%: the share of the weights that had data.
Questions and answers
How profitable is REM SUBSEA AS?
The operating margin was 236.3% in 2023, against a median of 7.8% among medium-sized companies in the same sector. Return on assets was 44.1%.
How solid is REM SUBSEA AS?
The equity ratio was 53.0% in 2023 (median 33.9%). Debt-to-equity was 0.89 (median 1.59).
What is the liquidity of REM SUBSEA AS like?
The current ratio was 2.00 in 2023 (median 1.26).
How does REM SUBSEA AS compare in Olje og gass?
REM SUBSEA AS ranks 19 of 565 in Olje og gass for 2023. Among companies of the same size (medium-sized companies) it ranks 3 of 132.
From the Central Coordinating Register
- Org. no.
- 998469953
- Legal form
- AS
- Sector
- Olje og gass (09.109)
- Size tier
- medium
- Employees
- 0–4 (not registered)
- Founded
- 16 May 2012 14 years in operation
- Share capital
- 65.01 MNOK
- Business address
- Holmefjordvegen 8, 6090 FOSNAVÅG (HERØY)
- Municipality
- Herøy (Møre og Romsdal) rank 29 of 40 in KOSTRA group 1
- Latest accounts filed
- 2025
- Website
- www.remoffshore.no
Source: Central Coordinating Register, Brønnøysund Register Centre. The employee count is reported by the company and may be older than the accounts. See the company at the Brønnøysund Register Centre
Ownership and roles
- Chief executive
- Lars Oddvar Conradi Andersen
- Chair of the board
- Aage Johan Remøy
- Board member
- Lars Oddvar Conradi Andersen
- Auditor
- PRICEWATERHOUSECOOPERS AS
Source: Central Coordinating Register, fetched 25 October 2026. Only names are shown.
Owners and shareholdings will appear here once the shareholder data extract is in place.
Coming · not built yet
Error in the data?
Do you see an error in the figures or in how the company is mapped (sector, holding, group)? Let us know. Corrections require documentation.
Figures last fetched 26 October 2026.
Year by year · 2023–2025
| Key figure | 2023 | 2024 | 2025 | Trend |
|---|---|---|---|---|
| Index | 81 | 64 | 51 | |
| Rank | 19 | 104 | 269 | |
| Operating margin | 236.3% | 74.9% | 55.1% | |
| Return on assets | 44.1% | 30.6% | 15.1% | |
| Equity ratio | 53.0% | 40.8% | 41.5% | |
| Current ratio | 2.00 | 0.88 | 1.40 | |
| Revenue growth | – | 148.6% | −34.6% |
Accounts
From the Brønnøysund Register Centre, in the company's reporting currency (NOK).
| Key figure | 2023 | 2024 | 2025 |
|---|---|---|---|
| Operating revenue | 107.8 MNOK | 267.9 MNOK | 175.3 MNOK |
| Operating profit | 254.7 MNOK | 200.6 MNOK | 96.5 MNOK |
| Profit before tax | 232.7 MNOK | 184.3 MNOK | 74.0 MNOK |
| Net profit | 232.7 MNOK | 157.0 MNOK | 74.0 MNOK |
| Financial expenses | 22.6 MNOK | 17.6 MNOK | 25.3 MNOK |
| Total assets | 579.2 MNOK | 659.3 MNOK | 657.9 MNOK |
| Current assets | 69.9 MNOK | 143.8 MNOK | 114.7 MNOK |
| Equity | 306.9 MNOK | 268.9 MNOK | 272.9 MNOK |
| Retained earnings | 235.9 MNOK | 197.9 MNOK | 201.9 MNOK |
| Total liabilities | 272.4 MNOK | 390.4 MNOK | 385.0 MNOK |
| Current liabilities | 35.0 MNOK | 163.2 MNOK | 81.7 MNOK |
Source: Brønnøysund Register Centre (Register of Company Accounts), fetched 26 October 2026, accounts id 5104557.
Further
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