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REACH SUBSEA AS

993252263AksjeselskapMVA
Municipality
HAUGESUND
Employees
306
Founded
14.10.2008
Roles
7
reachsubsea.com
Company details
Business address
Møllervegen 6, 5525 HAUGESUND
Municipality
Haugesund
Phone
40007710
Sector
Private aksjeselskaper mv.
Share capital
1 100 000 kr(1 000 shares)
Registered
29.10.2008
Purpose
Offshore, samt oljerelatert virksomhet, herunder å delta i andre virksomheter innen samme forretningsområde.
Board and management

Styre og ledelse

Jostein Alendal
Daglig leder
John Even Lindgård
Styremedlem
Åge Johan Nilsen
Styremedlem
Hans Inge Georgsen
Styremedlem
Arne Joa
Styrets leder
Benny Andre Haddal Sæther
Varamedlem
Kenneth Leverskjær
Varamedlem

Revisor

PRICEWATERHOUSECOOPERS AS

Is revisor for 8 515 companies

Revisor

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Financials2024
Revenue
2.4 mrd
Operating result
239.4 mill
Net result
197.9 mill
Assets
1.9 mrd
Equity
586.9 mill
Debt
1.4 mrd
Financial health check
Equity ratio
Good
Current ratio
Weak
Profitability
Good
Income statement and balance sheet
2024
Income statement
Revenue2.4 mrd
Operating costs2.2 mrd
= Operating result239.4 mill
Net finance10.6 mill
= Net result197.9 mill
Balance sheet
Fixed assets815.4 mill
Current assets1.1 mrd
= Total assets1.9 mrd
Equity586.9 mill
Long-term debt142.7 mill
Short-term debt1.2 mrd
= Total debt1.4 mrd

Source: Brønnøysund Register Centre

Key Ratios
2024Industry (median)
Operating margin
10.0%9.2%
Net margin
8.2%—
Return on assets
12.8%9.1%
Return on equity
33.7%—
Equity ratio
30.2%49.1%
Current ratio
0.931.82
Debt-to-equity
2.320.70

Based on 180 companies

Source: Brønnøysund Register Centre. Ratios are calculated using universal formulas.

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