Profile data is unavailable for this security.
About the company
Reach Subsea ASA, formerly Transit Invest ASA, is a Norway-based company with operations within the maritime sector. It offers subsea services as subcontractor directly to end customers. The Company’s business is based on Remotely Operated Underwater Vehicles (ROV) operated by offshore personnel and supported by onshore project management and engineering resources. Reach Subsea operates through two segments: the Oil & Gas segment, that is engaged in surveying, Inspection, Maintenance and Repair (IMR) and light construction projects for oil & gas companies while the Renewable/Other segment provides those services to non-oil & gas companies. The Company’s services include also geophysical monitoring services, environmental monitoring services as well as in-house engineering. Reach Subsea ASA has several subsidiaries, such as Reach Subsea AS, Connect Offshore AS and Reach International AS.
- Revenue in NOK (TTM)2.00bn
- Net income in NOK225.79m
- Incorporated1995
- Employees273.00
- LocationReach Subsea ASAGarpeskjaervegen 2HAUGESUND 5527NorwayNOR
- Phone+47 40007710
- Websitehttps://reachsubsea.no/
More ▼
Peer analysis
Key Information
- Key Information
- Stock Performance
- Per Share Data
- Efficiency
- Management Effectiveness
- Profitability
- Financial Strength
- Growth Rates
| Company | Revenue (TTM) | Net income (TTM) | Market cap | Employees | Price/earnings (TTM) | Price/book value (MRQ) | Price/cash flow (TTM) | Price/sales (TTM) | EPS (excl. extraordinary items, TTM) | EPS (incl. extraordinary items, TTM) | Revenue per share (TTM) | Book value per share (MRQ) | Asset turnover (TTM) | Inventory turnover (TTM) | Receivables turnover (TTM) | Revenues per employee (TTM) | Return on avg assets (TTM) | Return on avg assets (5 yr avg) | Return on investment (TTM) | Return on investment (5 yr avg) | Gross margin (TTM) | Gross margin (5 yr avg) | Net profit margin (TTM) | Net Profit margin (5 yr avg) | Quick ratio (MRQ) | Interest coverage (TTM) | Total debt to capital (MRQ) | Payout ratio (5 yr avg) | Revenue (YOY change %) | Revenue (5 yr growth rate) | Net income (YOY change %) | Net income (5 yr growth rate) | Capital expenditure (5 yr growth rate) | Dividend (5 yr growth rate) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Seabird Exploration PLC | 380.68m | 74.60m | 360.82m | 460.00 | 4.42 | 1.14 | 2.50 | 0.9478 | 1.02 | 1.02 | 5.13 | 3.93 | 0.5706 | 21.50 | 2.94 | -- | 11.18 | -16.59 | 19.18 | -27.75 | 45.14 | 13.48 | 19.60 | -32.50 | 1.11 | 2.50 | 0.358 | -- | 71.77 | 11.74 | 158.48 | -- | -33.81 | -- |
| Prosafe SE | 1.07bn | -745.19m | 633.80m | 255.00 | -- | 1.71 | -- | 0.5902 | -70.55 | -70.55 | 94.92 | 20.79 | 0.1968 | -- | 5.55 | 4,211,062.00 | -13.66 | -11.70 | -14.92 | -40.77 | -- | -- | -69.40 | -68.04 | -- | -1.44 | 0.9254 | -- | -51.86 | -21.82 | -4,620.00 | -- | 34.08 | -- |
| Golden Energy Offshore Services AS | 209.09m | -8.48m | 930.63m | 93.00 | -- | 1.75 | 37.67 | 4.45 | -0.0834 | -0.0834 | 1.57 | 1.06 | 0.1969 | 13.69 | 5.42 | 2,248,237.00 | -0.8034 | -10.09 | -1.02 | -15.49 | 48.06 | 23.52 | -4.08 | -50.36 | 0.459 | 0.2846 | 0.646 | -- | 48.23 | 27.87 | 85.36 | -- | 106.94 | -- |
| Eidesvik Offshore ASA | 699.46m | 514.74m | 1.16bn | 416.00 | 2.27 | 0.7702 | 1.67 | 1.65 | 7.00 | 7.00 | 9.94 | 20.59 | 0.2767 | -- | 2.83 | 1,681,392.00 | 21.10 | 0.9895 | 32.07 | 1.17 | -- | -- | 76.23 | 4.86 | -- | -- | 0.3525 | 14.89 | 10.20 | 7.88 | 48.75 | -- | 45.24 | -- |
| Abl Group ASA | 2.76bn | 95.37m | 1.46bn | 1.47k | 14.68 | 1.26 | 9.50 | 0.5285 | 0.7739 | 0.7739 | 22.42 | 8.98 | 1.63 | -- | 3.74 | 1,883,562.00 | 5.64 | 5.41 | 8.51 | 7.80 | -- | -- | 3.45 | 4.09 | -- | 4.79 | 0.1622 | -- | 49.64 | 47.34 | 38.77 | 29.07 | 81.20 | -- |
| Northern Ocean Ltd | 2.60bn | -779.24m | 1.57bn | 10.00 | -- | 0.3275 | -- | 0.6039 | -4.27 | -4.27 | 14.26 | 26.29 | 0.2246 | -- | 7.01 | 260,402,100.00 | -6.72 | -5.43 | -7.57 | -6.54 | 19.33 | 14.54 | -29.92 | -63.70 | -- | -0.5295 | 0.5535 | -- | 993.73 | -- | 23.68 | -- | -23.13 | -- |
| Reach Subsea ASA | 2.00bn | 225.79m | 1.64bn | 273.00 | 7.65 | 1.77 | 1.93 | 0.8224 | 0.79 | 0.79 | 6.31 | 3.41 | 1.10 | -- | 10.92 | -- | 12.39 | 9.73 | 18.89 | 15.91 | -- | -- | 11.31 | 8.01 | -- | 6.44 | 0.5758 | 46.64 | 71.64 | 24.20 | 212.79 | -- | 33.41 | 38.81 |
| Archer Ltd | 12.85bn | -308.85m | 1.65bn | 4.86k | -- | 0.767 | 6.90 | 0.1287 | -0.6939 | -0.6939 | 10.12 | 1.33 | 1.29 | -- | 6.95 | 2,646,577.00 | -3.09 | -1.99 | -7.40 | -3.79 | -- | -- | -2.39 | -1.83 | 1.01 | 0.9399 | 0.6817 | -- | 20.52 | 5.62 | -386.73 | -- | 16.51 | -- |
| Dolphin Drilling AS | 784.76m | -78.04m | 1.65bn | 262.00 | -- | 0.8164 | 23.51 | 2.11 | -1.11 | -1.11 | 4.44 | 7.27 | 0.4182 | 1.57 | 2.40 | -- | -4.16 | -- | -5.94 | -- | 44.26 | -- | -9.94 | -- | 1.70 | 0.8594 | 0.093 | -- | 239.44 | -- | 89.47 | -- | -- | -- |
| Noram Drilling AS | 1.30bn | 207.94m | 1.76bn | 193.00 | 8.48 | 2.08 | 4.24 | 1.36 | 4.82 | 4.82 | 30.14 | 19.65 | 1.11 | -- | 9.06 | -- | 17.74 | -2.00 | 22.80 | -2.23 | 75.90 | 73.94 | 15.99 | -3.31 | -- | -- | -- | -- | 23.94 | 8.19 | 535.29 | -- | -25.16 | -- |
| Deep Value Driller AS | 0.00 | -342.55m | 2.39bn | -- | -- | 7.33 | -- | -- | -3.95 | -3.95 | 0.00 | 3.77 | 0.00 | -- | -- | -- | -29.70 | -- | -36.39 | -- | -- | -- | -- | -- | 0.6111 | -3.97 | 0.7163 | -- | -- | -- | -23.43 | -- | -- | -- |
| Shelf Drilling (North Sea) Ltd | 1.51bn | -263.78m | 2.79bn | -- | -- | 1.41 | -- | 1.85 | -4.36 | -4.36 | 16.73 | 19.85 | 0.2789 | -- | 4.79 | -- | -4.89 | -- | -5.28 | -- | -- | -- | -17.52 | -- | -- | 0.2036 | 0.5668 | -- | 180.78 | -- | -358.31 | -- | -- | -- |
Data as of May 02 2024. Currency figures normalised to Reach Subsea ASA's reporting currency: Norwegian Krone NOK
1.33%Per cent of shares held by top holders
| Holder | Shares | % Held |
|---|---|---|
| Danske Invest Asset Management ASas of 27 Mar 2024 | 3.19m | 1.17% |
| Alphajet Fair Investors SASas of 23 Apr 2024 | 225.00k | 0.08% |
| Acadian Asset Management LLCas of 30 Sep 2023 | 64.77k | 0.02% |
| Lazard Asset Management LLCas of 31 Mar 2024 | 55.92k | 0.02% |
| Victory Capital Management, Inc. (Investment Management)as of 31 Jan 2024 | 50.92k | 0.02% |
| PFM Asset Management LLCas of 31 Dec 2023 | 30.91k | 0.01% |
More ▼
Data from 31 Dec 2023 - 23 Apr 2024Source: FactSet Research Systems Inc.
