Reach Subsea (REACH) - Total Assets

Latest as of March 2026: Nkr3.26 Billion NOK ≈ $343.20 Million USD

Based on the latest financial reports, Reach Subsea (REACH) holds total assets worth Nkr3.26 Billion NOK (≈ $343.20 Million USD) as of March 2026. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Explore REACH cash flow to debt ratio to assess how comfortably operating cash covers total debt obligations.

Reach Subsea - Total Assets Trend (2000–2025)

This chart illustrates how Reach Subsea's total assets have evolved over time, based on quarterly financial data. See Reach Subsea (REACH) shareholders funds for net asset value and shareholders' equity analysis.

Reach Subsea - Asset Composition Analysis

Current Asset Composition (December 2025)

Reach Subsea's total assets of Nkr3.26 Billion consist of 34.5% current assets and 65.5% non-current assets.

Asset Category Amount (NOK) % of Total Assets
Cash & Equivalents Nkr514.17 Million 14.3%
Accounts Receivable Nkr488.06 Million 13.5%
Inventory Nkr11.27 Million 0.3%
Property, Plant & Equipment Nkr1.91 Billion 53.0%
Intangible Assets Nkr11.94 Million 0.3%
Goodwill Nkr117.94 Million 3.3%

Asset Composition Trend (2000–2025)

This chart illustrates how Reach Subsea's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. For live market cap, price, and company overview, see REACH market cap overview.

Key Asset Composition Facts

  • Current vs. Non-Current Assets: Reach Subsea's current assets represent 34.5% of total assets in 2025, an increase from 0.0% in 2000.
  • Cash Position: Cash and equivalents constituted 14.3% of total assets in 2025, up from 3.9% in 2000.
  • Tangible vs. Intangible: Intangible assets (including goodwill) make up 3.0% of total assets, an increase from 0.0% in 2000.
  • Asset Diversification: The largest asset category is property, plant & equipment at 53.0% of total assets.

Reach Subsea Competitors by Total Assets

Key competitors of Reach Subsea based on total assets are shown below.

Company Country Total Assets
LandOcean Energy Services Co
SHE:300157
China CN¥2.07 Billion
GULF MARINE SVCS LS -02
F:G0M
Germany €699.93 Million
Source Energy Services Ltd
TO:SHLE
Canada CA$597.89 Million
S.D. STANDARD ETC DL-03
F:S1P
Germany €121.10 Million
Suzhou Douson Drilling & Production Equipment Co Ltd
SHG:603800
China CN¥2.73 Billion
Halliburton Co
BA:HAL
Argentina AR$25.01 Billion
Worley Ltd
AU:WOR
Australia AU$10.85 Billion
SRJ Technologies Group Plc
AU:SRJ
Australia AU$10.99 Million

Reach Subsea - Liquidity and Working Capital Analysis

Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.

Key Liquidity Metrics

Metric Current 1 Year Ago 5 Years Ago
Current Ratio 0.70 0.85 1.42
Quick Ratio 0.68 0.83 1.39
Cash Ratio 0.00 0.26 0.40
Working Capital Nkr-403.34 Million Nkr-185.17 Million Nkr76.56 Million

Reach Subsea - Advanced Valuation Insights

This section examines the relationship between Reach Subsea's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.

Key Valuation Metrics

Current Price-to-Book Ratio 1.71
Latest Market Cap to Assets Ratio 0.05
Asset Growth Rate (YoY) 11.0%
Total Assets Nkr3.61 Billion
Market Capitalization $176.50 Million USD

Valuation Analysis

Below Book Valuation: The market values Reach Subsea's assets below their book value (0.05x), which may indicate investor concerns about asset quality or future growth.

Rapid Asset Growth: Reach Subsea's assets grew by 11.0% over the past year, indicating significant expansion of the company's resource base.

Annual Total Assets for Reach Subsea (2000–2025)

The table below shows the annual total assets of Reach Subsea from 2000 to 2025.

Year Total Assets Change
2025-12-31 Nkr3.61 Billion
≈ $379.43 Million
+11.03%
2024-12-31 Nkr3.25 Billion
≈ $341.75 Million
+20.83%
2023-12-31 Nkr2.69 Billion
≈ $282.84 Million
+182.32%
2022-12-31 Nkr952.09 Million
≈ $100.19 Million
+27.53%
2021-12-31 Nkr746.53 Million
≈ $78.56 Million
+105.65%
2020-12-31 Nkr363.01 Million
≈ $38.20 Million
-18.49%
2019-12-31 Nkr445.38 Million
≈ $46.87 Million
-9.90%
2018-12-31 Nkr494.34 Million
≈ $52.02 Million
+27.03%
2017-12-31 Nkr389.16 Million
≈ $40.95 Million
+30.33%
2016-12-31 Nkr298.59 Million
≈ $31.42 Million
-11.99%
2015-12-31 Nkr339.25 Million
≈ $35.70 Million
+29.01%
2014-12-31 Nkr262.96 Million
≈ $27.67 Million
+24.50%
2013-12-31 Nkr211.21 Million
≈ $22.23 Million
+316.83%
2012-12-31 Nkr50.67 Million
≈ $5.33 Million
-94.60%
2011-12-31 Nkr938.41 Million
≈ $98.75 Million
-32.37%
2010-12-31 Nkr1.39 Billion
≈ $146.01 Million
-65.71%
2009-12-31 Nkr4.05 Billion
≈ $425.81 Million
+73.76%
2008-12-31 Nkr2.33 Billion
≈ $245.07 Million
+22.14%
2007-12-31 Nkr1.91 Billion
≈ $200.64 Million
-3.63%
2006-12-31 Nkr1.98 Billion
≈ $208.19 Million
+57.51%
2005-12-31 Nkr1.26 Billion
≈ $132.17 Million
+94.63%
2004-12-31 Nkr645.36 Million
≈ $67.91 Million
+31.42%
2003-12-31 Nkr491.08 Million
≈ $51.68 Million
-6.78%
2002-12-31 Nkr526.77 Million
≈ $55.43 Million
-16.75%
2001-12-31 Nkr632.77 Million
≈ $66.59 Million
-16.11%
2000-12-31 Nkr754.25 Million
≈ $79.37 Million
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About Reach Subsea

OL:REACH Norway Oil & Gas Equipment & Services
Market Cap
$176.50 Million
Nkr1.68 Billion NOK
Market Cap Rank
#16965 Global
#139 in Norway
Share Price
Nkr5.13
Change (1 day)
-1.16%
52-Week Range
Nkr4.71 - Nkr8.22
All Time High
Nkr10.00
About

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… Read more