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 Reach Subsea balance sheet independence to measure how much of total assets are equity-financed.
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. Check Reach Subsea (REACH) tangible equity ratio to evaluate the tangible quality of the company's equity base.
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 Subsea (REACH) market capitalisation.
| 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 | — |