Equities

Reach Subsea ASA

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Reach Subsea ASA

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EnergyOil, Gas and Coal
  • Price (NOK)6.96
  • Today's Change-0.04 / -0.57%
  • Shares traded241.09k
  • 1 Year change-19.07%
  • Beta1.0753
Data delayed at least 15 minutes, as of Feb 10 2026.
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Notice
Important Notice
Please note that effective 5th February, 2026 the Financial Times will no longer publish or present securities from the Nairobi Stock Exchange.

Profile data is unavailable for this security.

About the company

Reach Subsea ASA, formerly Transit Invest ASA, is a Norway-based company with operations within the maritime sector. It offers subsea services as subcontractor directly to end customers. The Company’s business is based on Remotely Operated Underwater Vehicles (ROV) operated by offshore personnel and supported by onshore project management and engineering resources. Reach Subsea operates through two segments: the Oil & Gas segment, that is engaged in surveying, Inspection, Maintenance and Repair (IMR) and light construction projects for oil & gas companies while the Renewable/Other segment provides those services to non-oil & gas companies. The Company’s services include also geophysical monitoring services, environmental monitoring services as well as in-house engineering. Reach Subsea ASA has several subsidiaries, such as Reach Subsea AS, Connect Offshore AS and Reach International AS.

  • Revenue in NOK (TTM)2.76bn
  • Net income in NOK187.40m
  • Incorporated1995
  • Employees460.00
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Peer analysis

Key Information
CompanyRevenue (TTM)Net income (TTM)Market capEmployeesPrice/earnings (TTM)Price/book value (MRQ)Price/cash flow (TTM)Price/sales (TTM)EPS (excl. extraordinary items, TTM)EPS (incl. extraordinary items, TTM)Revenue per share (TTM)Book value per share (MRQ)Asset turnover (TTM)Inventory turnover (TTM)Receivables turnover (TTM)Revenues per employee (TTM)Return on avg assets (TTM)Return on avg assets (5 yr avg)Return on investment (TTM)Return on investment (5 yr avg)Gross margin (TTM)Gross margin
(5 yr avg)
Net profit margin (TTM)Net Profit margin
(5 yr avg)
Quick ratio (MRQ)Interest coverage (TTM)Total debt to capital (MRQ)Payout ratio
(5 yr avg)
Revenue
(YOY change %)
Revenue
(5 yr growth rate)
Net income
(YOY change %)
Net income
(5 yr growth rate)
Capital expenditure
(5 yr growth rate)
Dividend
(5 yr growth rate)
Golden Energy Offshore Services ASA-100.00bn-100.00bn599.62m82.00--0.5336----------15.89-----------9.11---13.50--39.14---37.630.3383--0.7057--145.2735.96-980.18---7.71--
Prosafe SE1.47bn1.15bn1.26bn281.00--0.96930.81250.8551-23.03-23.0317.863.680.3196--6.595,227,104.0025.11-4.4628.67-22.98----78.58-21.38---0.14550.6853--45.63-9.1031.12---26.43--
Abl Group ASA3.34bn49.06m1.27bn2.01k27.461.2611.260.38140.34790.347924.747.561.73--13.17--2.493.644.075.43----1.442.54--5.710.2054166.3423.2441.39-48.11-13.5779.3111.79
Noram Drilling AS962.63m122.04m1.45bn359.0011.862.536.881.512.832.8322.2913.281.26--8.562,681,423.0015.99-1.4218.87-1.6471.1872.2512.68-1.98----0.00---12.854.59-88.28---24.23--
Deep Value Driller AS566.69m254.09m1.98bn--7.6321.344.803.502.782.786.190.99310.4556--6.61--20.43--21.12------44.84--17.733.320.9156--362.50--195.49------
Reach Subsea ASA2.76bn187.40m2.28bn460.0011.961.792.050.82680.58210.58218.653.890.7861--3.895,990,815.005.359.718.6315.7677.3474.116.808.90--2.460.584847.6236.1639.82-9.02--50.62--
Archer Ltd13.11bn-417.35m2.43bn4.47k--1.177.970.185-4.88-4.88149.2220.811.382.677.222,602,743.00-3.98-1.47-5.91-2.6585.4485.33-2.88-1.270.93091.770.669--11.246.978.90--8.43--
Ventura Offshore Holding Ltd3.54bn878.20m2.52bn--3.010.75782.110.71387.937.9331.9031.520.5649--6.94--14.03--19.63--72.01--24.83----6.990.3197--------------
Northern Ocean Ltd2.22bn-627.61m2.80bn10.00--0.7469--1.26-2.07-2.077.3212.380.2232113.709.40221,914,800.00-6.31-6.33-8.09-7.2929.5717.63-28.28-48.850.264-0.11170.5779--11.3779.787.39---24.82--
Data as of Feb 10 2026. Currency figures normalised to Reach Subsea ASA's reporting currency: Norwegian Krone NOK

Institutional shareholders

10.03%Per cent of shares held by top holders
HolderShares% Held
Nordea Investment Management AB (Norway)as of 31 Dec 202528.64m8.75%
Independance AM SICAVas of 30 Jun 20252.04m0.62%
Mellon Investments Corp.as of 09 Jan 2026975.84k0.30%
Mandarine Gestion SAas of 30 Jun 2025700.00k0.21%
Dimensional Fund Advisors LPas of 08 Jan 2026221.21k0.07%
Dimensional Fund Advisors Ltd.as of 30 Nov 202589.15k0.03%
Keyridge Asset Management Ltd.as of 08 Jan 202683.24k0.03%
Schroder Investment Management Ltd.as of 31 Dec 202475.70k0.02%
DFA Australia Ltd.as of 31 Dec 202522.82k0.01%
Mercer Global Investments Europe Ltd.as of 30 Jun 20250.000.00%
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Data from 30 Jun 2025 - 05 Feb 2026Source: FactSet Research Systems Inc.
Data Provided by LSEG
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