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Company/VAT no/Free text Country/City/Municipality

TURNOVER (x1000 NOK)

NET PROFIT (x1000 NOK)

EMPLOYEES

Share

Reach Subsea AS

Closing information (x1000 NOK)

Closing information 2019/12 2018/12 2017/12
Turnover 511,676 More Arrow 672,958 Less Arrow 359,205
Financial expenses 21,039 Less Arrow 7,208 Less Arrow 5,375
Earnings before taxes -24,301 More Arrow 17,116 Less Arrow 6,179
Total assets 308,427 More Arrow 390,978 Less Arrow 326,023
Current assets 170,984 More Arrow 244,864 Less Arrow 217,529
Current liabilities 286,509 More Arrow 318,686 Less Arrow 245,774
Equity capital -19,320 More Arrow 5,070 More Arrow 11,691
- share capital 820 Equal arrow 820 Equal arrow 820
Employees (average) 75
Shareholders 0 0 0

Financial ratios

Fiscal year 2019/12 2018/12 2017/12
Solvency -6.3% More Arrow 1.3% More Arrow 3.6%
Turnover per employee 4,789
Profit as a percentage of turnover -4.7% More Arrow 2.5% Less Arrow 1.7%
Return on assets (ROA) -1.1% More Arrow 6.2% Less Arrow 3.5%
Current ratio 59.7% More Arrow 76.8% More Arrow 88.5%
Return on equity (ROE) 125.8% More Arrow 337.6% Less Arrow 52.9%
Change turnover -161,282 More Arrow 313,753 Less Arrow 31,862
Change turnover % -24% More Arrow 87% Less Arrow 10%
Chg. No. of employees 14
Chg. No. of employees % 23%

Total value of public sale

Fiscal year 2019/12 2018/12 2017/12
Total value of public sale 0 Equal arrow 0 Equal arrow 0

Closing figures are converted to the currency above at the exchange rate of the closing date. Source for the exchange rates: Sveriges Riksbank

The closing information is gathered directly from the companies or from Creditsafe.