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Reach Subsea ASA

Reach Subsea ASA provides subsea services in Norway and internationally. It operates in two segments, Oil & Gas and Renewable/Other. The company offers subsea services, including engineering solutions and project management for offshore operations; inspection, maintenance, and repair services, such as structural inspections, WROV operation, SCM changeout, scale squeeze operations, water injection, ready for operation, subsea equipment maintenance, repair, commissioning, and boulder clearance; asset integrity and pipeline inspection services; and construction support services, including seabed intervention, boulder clearance, touchdown monitoring, and pre-lay and post-lay surveys, as well as vessel, remotely operated vehicles (ROV), personnel, survey, and on demand engineering. It also provides geophysical, geotechnical, and environmental survey solutions for site survey, pipeline/cable route survey, ROV, seabed mapping, and pipeline inspection; surface and subsea positioning solutions to support marine construction projects; specialist survey and positioning services to support international marine construction projects, offshore cable operations, rig and mooring operations, and seabed surveys; and support services for offshore power, communication, and umbilical cables, as well as supporting operation and maintenance/inspection, repair and maintenance services. In addition, the company offers geophysical monitoring solutions for hydrocarbon producing fields offshore, including 4D gravity, seafloor subsidence monitoring, depth watch for seismic nodes, injection integrity monitoring, well drilling, and real time seismic monitoring services; and environmental monitoring services that include multi-physical monitoring services. The company was formerly known as Transit Invest ASA and changed its name to Reach Subsea ASA in December 2012. Reach Subsea ASA was incorporated in 1909 and is headquartered in Haugesund, Norway.

Market Cap

NOK 2.7B

Volume

332.3K

Cash and Equivalents

NOK 169.7M

EBITDA

NOK 481.8M

Tax Rate Collected

N/A

Tax Rate Ratio

N/A

Gross Profit

NOK 2.3B

Profit Margin

80.41%

52 Week High

NOK 9.86

52 Week Low

NOK 6.04

Dividend

5.52%

Price / Book Value

2.21

Price / Earnings

10.84

Price / Tangible Book Value

2.47

Enterprise Value

NOK 3.8B

Enterprise Value / EBITDA

2.93

Operating Income

NOK 373.3M

Return on Equity

22.27%

Return on Assets

7.31

Cash and Short Term Investments

NOK 169.7M

Debt

NOK 1.3B

Equity

NOK 1.2B

Revenue

NOK 2.9B

Unlevered FCF

NOK 642.7M

Sector

Energy Equipment and Services

Category

N/A

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