Reach Subsea ASA operates in the Oil and gas field services sector.
In addition to historical fundamental analyses, the complete report available to purchase compares Reach Subsea ASA with three other
companies in this sector in Norway:
Electromagnetic Geoservices Asa
sales of 373.02 million Norwegian Kroner [US$44.15 million]
of which 100%
was Electromagnetic Services),
NorAm Drilling Company AS
(330.43 million Norwegian Kroner [US$39.11 million]
(324.90 million Norwegian Kroner [US$38.45 million]
Reach Subsea ASA reported sales of NOK 327.49 million (US$38.76 million)
December of 2016.
decrease of 48.4%
versus 2015, when the company's sales were NOK 634.37 million.
Contributing to the drop in overall sales was the 58.3% decline
in Oil&gas, from NOK 485.86 million to NOK 202.46 million.
There were also decreases in sales in
Renewable (down 15.8% to NOK 125.03 million)