Equities

Reach Subsea ASA

Reach Subsea ASA

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EnergyOil, Gas and Coal
  • Price (NOK)8.04
  • Today's Change-0.06 / -0.74%
  • Shares traded156.15k
  • 1 Year change+116.13%
  • Beta--
Data delayed at least 15 minutes, as of Jul 03 2024.
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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)2.34bn
  • Net income in NOK226.12m
  • Incorporated1995
  • Employees342.00
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/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)
Jinhui Shipping and Transportation Ltd1.02bn-425.63m711.43m66.00--0.1897--0.6995-3.90-3.909.3134.330.194625.114.9615,408,970.00-8.155.32-8.926.2638.7050.39-41.8525.491.94-6.430.211915.32-46.301.47-674.01--36.06--
Havila Kystruten AS-100.00bn-100.00bn828.59m507.00--7.73----------0.1253------------------------0.2901--0.9722--130.10---35.27------
Stainless Tankers ASA520.40m98.87m889.86m--9.001.264.541.717.327.3238.5552.22--------------------19.00----2.490.5541--------------
Western Bulk Chartering AS11.92bn-166.63m926.17m115.00--1.65--0.0777-4.96-4.96354.6416.657.919.8636.71103,676,100.00-11.0614.32-25.7244.7955.5461.66-1.401.590.9936--0.00---30.830.8703-123.67---18.81--
Viking Supply Ships AB671.78m-84.73m1.30bn424.00--0.656755.941.93-6.390.676250.81159.880.263----1,640,394.00-3.32-2.85-3.52-3.0226.5821.81-12.61-14.11---0.97620.2483--5.2015.11-1,162.50--105.05--
Eidesvik Offshore ASA750.09m547.93m1.33bn416.002.430.88271.811.787.517.5110.2920.710.2932--2.601,803,108.0022.190.989528.101.17----75.694.86----0.345614.8910.207.8848.75--45.24--
Integrated Wind Solutions ASA258.44m-36.51m1.90bn190.00--1.41--7.35-0.9201-0.92016.6434.380.1409--2.441,360,221.00-2.08---2.30-------14.78------0.3239--5.80--50.96------
Aspo Oyj6.05bn60.26m2.08bn734.0036.981.214.900.34430.1563-0.34617.374.761.184.886.60740,918.600.86565.061.387.1037.2437.610.73083.741.171.540.5289---4.33-0.167-47.222.76-12.71--
Reach Subsea ASA2.34bn226.12m2.20bn342.009.712.352.290.94190.83460.83469.043.451.03--5.546,833,790.009.989.7415.6215.91----9.678.01--5.340.647946.6471.6424.20212.79--33.4138.81
Amsc ASA0.00-51.98m2.44bn3.00--1.53-----0.723426.470.0022.280.00----0.00-1.030.5086-1.110.5517------6.83----0.00607.62-----61.00-----26.14
Edda Wind ASA465.94m-19.35m2.97bn20.00--0.782434.276.37-0.1723-0.17234.1529.340.0775--4.5423,296,880.00-0.32170.5285-0.34340.5614-----4.155.29---0.47120.4944--37.2331.01-299.90--47.09--
Data as of Jul 03 2024. Currency figures normalised to Reach Subsea ASA's reporting currency: Norwegian Krone NOK

Institutional shareholders

1.31%Per cent of shares held by top holders
HolderShares% Held
Danske Invest Asset Management ASas of 30 Apr 20243.13m1.15%
Alphajet Fair Investors SASas of 25 Jun 2024225.00k0.08%
Acadian Asset Management LLCas of 31 Mar 202464.77k0.02%
Lazard Asset Management LLCas of 31 May 202455.92k0.02%
Victory Capital Management, Inc. (Investment Management)as of 31 Mar 202450.92k0.02%
Schroder Investment Management Ltd.as of 31 Mar 202430.91k0.01%
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Data from 31 Mar 2024 - 25 Jun 2024Source: FactSet Research Systems Inc.
Data Provided by LSEG
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