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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 : Petrolia SE (2019 sales of 582.63 million Norwegian Kroner [US$68.25 million] ), Seabird Exploration Ltd (397.60 million Norwegian Kroner [US$46.58 million] ), and Aqualisbraemar Loc ASA (482.66 million Norwegian Kroner [US$56.54 million] ).

Sales Analysis. Reach Subsea ASA reported sales of NOK 508.53 million (US$59.57 million) for the year ending December of 2019. This represents a sharp decrease of 24.7% versus 2018, when the company's sales were NOK 675.27 million. Contributing to the drop in overall sales was the 53.5% decline in Renewable, from NOK 76.55 million to NOK 35.59 million. There were also decreases in sales in Oil&gas (down 21.0% to NOK 472.94 million) .
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Reach Subsea ASA
  Stock Performance Chart for Reach Subsea ASA
  Stock Data: Recent Stock Performance:
  Current Price (1/15/2021): 2.50
(Figures in Norwegian Kroner)
1 Week 0.8%   13 Weeks 15.7%  
4 Weeks 28.9%   52 Weeks 64.5%  
Reach Subsea ASA Key Data:
  Ticker: REACH Country: Norway
  Exchanges: OSL Major Industry: Energy
    Sub Industry: Oil & Gas Field Services
  2019 Sales 508,531,000
(Year Ending Jan 2020).
Employees: 95
  Currency: Norwegian Kroner Market Cap: 358,865,020
  Fiscal Yr Ends: December Shares Outstanding: 143,546,008
  Share Type: Ordinaere Aksje Closely Held Shares: 90,598,772
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