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Company/VAT no/Free text Country/City/Municipality

TURNOVER (x1000 NOK)

NET PROFIT (x1000 NOK)

Reach Subsea AS

Closing information (x1000 NOK)

Closing information 2022/12 2021/12 2020/12
Turnover 824,316 Less Arrow 619,797 Less Arrow 605,478
Financial expenses 22,349 Less Arrow 7,245 More Arrow 19,649
Earnings before taxes 86,045 Less Arrow 74,992 Less Arrow 33,397
Total assets 728,656 Less Arrow 408,105 Less Arrow 330,893
Current assets 368,793 Less Arrow 298,371 Less Arrow 229,992
Current liabilities 480,146 Less Arrow 237,668 Less Arrow 140,268
Equity capital 233,297 Less Arrow 157,703 More Arrow 164,971
- share capital 1,100 Less Arrow 902 Equal arrow 902

Financial ratios

Fiscal year 2022/12 2021/12 2020/12
Solvency 32.0% More Arrow 38.6% More Arrow 49.9%
Turnover per employee
Profit as a percentage of turnover 10.4% More Arrow 12.1% Less Arrow 5.5%
Return on assets (ROA) 14.9% More Arrow 20.2% Less Arrow 16.0%
Current ratio 76.8% More Arrow 125.5% More Arrow 164.0%
Return on equity (ROE) 36.9% More Arrow 47.6% Less Arrow 20.2%
Change turnover 204,519 Less Arrow 14,319 More Arrow 93,802
Change turnover % 33% Less Arrow 2% More Arrow 18%
Chg. No. of employees
Chg. No. of employees %

Total value of public sale

Fiscal year 2022/12 2021/12 2020/12
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.