Reach Subsea (REACH) — Working Capital to Net Assets Ratio
Reach Subsea (REACH) has a Working Capital to Net Assets ratio of -39.1% as of March 2026. Working capital of Nkr-403.34 Million (current assets of Nkr943.99 Million minus current liabilities of Nkr1.35 Billion) is measured against net assets of Nkr1.03 Billion. A higher ratio indicates strong short-term liquidity financed by the equity base. See financial agility of Reach Subsea to measure the company's free cash flow as a share of total liabilities.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Reach Subsea Working Capital to Net Assets (2004–2025)
This chart shows how Reach Subsea's Working Capital to Net Assets ratio has evolved across 22 annual periods from 2004 to 2025. As of March 2026, the ratio stands at -39.1%, reflecting working capital of Nkr-403.34 Million against net assets of Nkr1.03 Billion NOK. See how many days can Reach Subsea fund operations to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Reach Subsea (2004–2025)
The table below presents the year-by-year Working Capital to Net Assets ratio for Reach Subsea from 2004 to 2025, covering 22 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see REACH market cap overview.
| Year | WC/NA Ratio | Working Capital (NOK) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2025 | -13.4% | Nkr-163.76 Million | Nkr1.22 Billion | Nkr1.24 Billion | Nkr1.41 Billion | ▲ +23.2 pp |
| 2024 | -36.6% | Nkr-399.96 Million | Nkr1.09 Billion | Nkr1.01 Billion | Nkr1.41 Billion | ▼ -29.6 pp |
| 2023 | -7.0% | Nkr-65.05 Million | Nkr928.00 Million | Nkr820.91 Million | Nkr885.96 Million | ▼ -31.3 pp |
| 2022 | 24.3% | Nkr140.65 Million | Nkr579.44 Million | Nkr504.06 Million | Nkr363.40 Million | ▲ +19.4 pp |
| 2021 | 4.8% | Nkr13.89 Million | Nkr286.81 Million | Nkr353.95 Million | Nkr340.06 Million | ▼ -43.6 pp |
| 2020 | 48.5% | Nkr101.85 Million | Nkr210.15 Million | Nkr241.98 Million | Nkr140.13 Million | ▲ +65.0 pp |
| 2019 | -16.5% | Nkr-27.42 Million | Nkr165.83 Million | Nkr168.13 Million | Nkr195.55 Million | ▼ -35.2 pp |
| 2018 | 18.6% | Nkr39.39 Million | Nkr211.25 Million | Nkr252.53 Million | Nkr213.15 Million | ▼ -43.2 pp |
| 2017 | 61.8% | Nkr134.87 Million | Nkr218.08 Million | Nkr263.04 Million | Nkr128.17 Million | ▲ +22.7 pp |
| 2016 | 39.2% | Nkr63.83 Million | Nkr162.95 Million | Nkr135.24 Million | Nkr71.41 Million | ▲ +11.5 pp |
| 2015 | 27.7% | Nkr43.64 Million | Nkr157.44 Million | Nkr130.85 Million | Nkr87.21 Million | ▼ -4.5 pp |
| 2014 | 32.2% | Nkr49.70 Million | Nkr154.18 Million | Nkr98.97 Million | Nkr49.27 Million | ▼ -46.9 pp |
| 2013 | 79.1% | Nkr102.02 Million | Nkr128.90 Million | Nkr117.31 Million | Nkr15.29 Million | ▼ -11.3 pp |
| 2012 | 90.4% | Nkr39.99 Million | Nkr44.23 Million | Nkr46.43 Million | Nkr6.45 Million | ▲ +74.5 pp |
| 2011 | 16.0% | Nkr37.30 Million | Nkr233.77 Million | Nkr112.40 Million | Nkr75.09 Million | ▼ -8.0 pp |
| 2010 | 24.0% | Nkr95.34 Million | Nkr398.06 Million | Nkr204.99 Million | Nkr109.64 Million | ▲ +19.1 pp |
| 2009 | 4.8% | Nkr185.19 Million | Nkr3.85 Billion | Nkr366.86 Million | Nkr181.67 Million | ▲ +6.1 pp |
| 2008 | -1.3% | Nkr-11.25 Million | Nkr871.44 Million | Nkr348.84 Million | Nkr360.09 Million | ▲ +4.2 pp |
| 2007 | -5.5% | Nkr-42.07 Million | Nkr770.47 Million | Nkr232.07 Million | Nkr274.14 Million | ▲ +54.9 pp |
| 2006 | -60.3% | Nkr-324.42 Million | Nkr537.77 Million | Nkr186.07 Million | Nkr510.48 Million | ▼ -70.8 pp |
| 2005 | 10.5% | Nkr62.88 Million | Nkr600.37 Million | Nkr272.35 Million | Nkr209.47 Million | ▲ +7.5 pp |
| 2004 | 2.9% | Nkr10.75 Million | Nkr365.89 Million | Nkr118.00 Million | Nkr107.24 Million | — |