Reach Subsea (REACH) - Total Assets
Based on the latest financial reports, Reach Subsea (REACH) holds total assets worth Nkr3.61 Billion NOK (≈ $379.43 Million USD) as of December 2025. 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. See net assets of Reach Subsea for net asset value and shareholders' equity analysis.
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.
Reach Subsea - Asset Composition Analysis
Current Asset Composition (December 2025)
Reach Subsea's total assets of Nkr3.61 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 market cap of Reach Subsea.
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 |
|---|---|---|
|
Terravest Capital Inc
TO:TVK
|
Canada | CA$2.10 Billion |
|
Pulse Seismic Inc
TO:PSD
|
Canada | CA$22.80 Million |
|
Malaysia Marine and Heavy Engineering Holdings Bhd
KLSE:5186
|
Malaysia | RM3.13 Billion |
|
PBG SA
WAR:PBG
|
Poland | zł22.89 Million |
|
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 |
|
Schoeller-Bleckmann Oilfield Equipment Aktiengesellschaft
VI:SBO
|
Austria | €879.42 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 | 0.88 | 0.72 | 1.03 |
| Quick Ratio | 0.88 | 0.70 | 1.01 |
| Cash Ratio | 0.37 | 0.20 | 0.00 |
| Working Capital | Nkr-163.76 Million | Nkr-399.96 Million | Nkr7.53 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 | 1.87 |
| Latest Market Cap to Assets Ratio | 0.07 |
| Asset Growth Rate (YoY) | 11.0% |
| Total Assets | Nkr3.61 Billion |
| Market Capitalization | $239.42 Million USD |
Valuation Analysis
Below Book Valuation: The market values Reach Subsea's assets below their book value (0.07x), 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
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