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Reach Subsea ASA Company Snapshot
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 (2016 sales of 373.02 million Norwegian Kroner [US$44.69 million] of which 100% was Electromagnetic Services), NorAm Drilling Company AS (330.43 million Norwegian Kroner [US$39.59 million] ), and Petrolia SE (324.90 million Norwegian Kroner [US$38.93 million] ).

Sales Analysis. Reach Subsea ASA reported sales of NOK 327.49 million (US$39.24 million) for the year ending December of 2016. This represents a sharp 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) .
   
   
 
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Reach Subsea ASA
  Stock Performance Chart for Reach Subsea ASA
 
  Stock Data: Recent Stock Performance:
  Current Price (12/8/2017): 2.19
(Figures in Norwegian Kroner)
1 Week 2.3%   13 Weeks -6.8%  
4 Weeks -0.5%   52 Weeks 22.2%  
 
Reach Subsea ASA Key Data:
  Ticker: REACH Country: Norway
  Exchanges: OSL Major Industry: Energy
    Sub Industry: Oil & Gas Field Services
  2016 Sales 327,493,000
(Year Ending Jan 2017).
Employees: 88
  Currency: Norwegian Kroner Market Cap: 313,694,560
  Fiscal Yr Ends: December Shares Outstanding: 143,239,525
  Share Type: Ordinaere Aksje Closely Held Shares: 83,231,217
 
 
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