Reach Subsea

ESEF

Annual consolidated revenue for 2025: about NOK 2.675B, using the latest reported figures. The previous period, 2024, was about NOK 2.717B.

Watchlist

Latest fiscal year

Revenue

2.67 billion NOK

2025 · NOK

Exact inputs and evidence
  • Revenue: 2674629000 NOK Source

Operating margin

5.59%

2025 · %

Exact inputs and evidence
  • Operating Income: 149431000 NOK Source
  • Revenue: 2674629000 NOK Source

Operating cash flow

1.19 billion NOK

2025 · NOK

Exact inputs and evidence
  • Operating Cash Flow: 1191471000 NOK Source

Free cash flow

819 million NOK

2025 · NOK

Exact inputs and evidence
  • Operating Cash Flow: 1191471000 NOK Source
  • Capital Expenditure: 372544000 NOK Source
Cash and cash equivalents
514 million NOK Source
Exact value

514174000 NOK

Long-term debt including current maturities
Not available
Shares outstanding
Not available

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2026-10-21.

Financial data available through: 2025-12-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2025-12-31
  • Operating income: 6 of 11 periods available· newest 2025-12-31
  • net income: No compatible figures in this window
  • Operating cash flow: 6 of 11 periods available· newest 2025-12-31
  • Capital expenditure: 6 of 11 periods available· newest 2025-12-31
  • Total assets: 6 of 11 periods available· newest 2025-12-31
  • liabilities: No compatible figures in this window
  • Current assets: 6 of 11 periods available· newest 2025-12-31
  • Current liabilities: 6 of 11 periods available· newest 2025-12-31
  • Cash and cash equivalents: 6 of 11 periods available· newest 2025-12-31
  • long term debt: No compatible figures in this window
  • shares outstanding: No compatible figures in this window

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    -1.6%

    Prior period

    NOK 2.72 billion

    –

    Current period

    NOK 2.67 billion

    –

    Exact inputs and evidence

    2674629000 − 2717024000 = -42395000 NOK

    2717024000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    2674629000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Operating cash flow

    +37.3%

    Prior period

    NOK 867.53 million

    –

    Current period

    NOK 1.19 billion

    –

    Exact inputs and evidence

    1191471000 − 867527000 = 323944000 NOK

    867527000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    1191471000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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  • Capital expenditure

    +41.8%

    Prior period

    NOK 262.81 million

    –

    Current period

    NOK 372.54 million

    –

    Exact inputs and evidence

    372544000 − 262814000 = 109730000 NOK

    262814000 NOK · 2024-01-01 – 2024-12-31

    Inspect prior input Prior source

    372544000 NOK · 2025-01-01 – 2025-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Net income.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2025 2025-01-01 – 2025-12-31

  • Revenue NOK 2.67 billion 100% of revenue
  • Operating costs Derived NOK 2.53 billion 94% of revenue
  • Operating income NOK 149.43 million 5.6% of revenue
  • Tax, interest and other Derived Unavailable An input is unavailable.
  • Net income Unavailable An input is unavailable.

Cash

  • Operating cash flow NOK 1.19 billion 45% of revenue
  • Capital expenditure NOK 372.54 million 14% of revenue
  • Free cash flow Derived NOK 818.93 million 31% of revenue

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2020 Not shown: operating income or net income is not reported.
  • 2021 Not shown: operating income or net income is not reported.
  • 2022 Not shown: operating income or net income is not reported.
  • 2023 Not shown: operating income or net income is not reported.
  • 2024 Not shown: operating income or net income is not reported.
  • 2025 Not shown: operating income or net income is not reported.
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2020 2020-01-01 – 2020-12-31618870000 567553000 Derived 51317000 UnavailableUnavailable266573000 Derived
Source
2021 2021-01-01 – 2021-12-31673253000 594189000 Derived 79064000 UnavailableUnavailable277653000 Derived
Source
2022 2022-01-01 – 2022-12-311161533000 1056278000 Derived 105255000 UnavailableUnavailable298504000 Derived
Source
2023 2023-01-01 – 2023-12-311966584000 1634798000 Derived 331786000 UnavailableUnavailable750020000 Derived
Source
2024 2024-01-01 – 2024-12-312717024000 2353268000 Derived 363756000 UnavailableUnavailable604713000 Derived
Source
2025 2025-01-01 – 2025-12-312674629000 2525198000 Derived 149431000 UnavailableUnavailable818927000 Derived
Source

Amounts are exact, in NOK.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

NOK 2.7B 2025
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.2.9B2.2B1.5B733.6M0.0202020232025
Values and sources
Revenue values and source evidence
PeriodSeriesValue(NOK)Source evidence
2020Revenue618870000
2021Revenue673253000
2022Revenue1161533000
2023Revenue1966584000
2024Revenue2717024000
2025Revenue2674629000

Revenue growth

Change in revenue from the same financial period one year earlier.

-1.6% 2025
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.78%57%35%14%-7%202020232025
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2020Year over yearNo prior comparable period
2021Year over year8.8%
2022Year over year72.5%
2023Year over year69.3%
2024Year over year38.2%
2025Year over year-1.6%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 5.6% 2025
Free cash flow margin 30.6% 2025
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.47%35%23%12%0%202020232025
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2020Operating margin8.3%
2021Operating margin11.7%
2022Operating margin9.1%
2023Operating margin16.9%
2024Operating margin13.4%
2025Operating margin5.6%
2020-12-31Net marginNot reported
2021-12-31Net marginNot reported
2022-12-31Net marginNot reported
2023-12-31Net marginNot reported
2024-12-31Net marginNot reported
2025-12-31Net marginNot reported
2020Free cash flow margin43.1%
2021Free cash flow margin41.2%
2022Free cash flow margin25.7%
2023Free cash flow margin38.1%
2024Free cash flow margin22.3%
2025Free cash flow margin30.6%

Operating cash flow

Cash generated by the company’s normal business operations.

NOK 1.2B 2025
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.3B965.1M643.4M321.7M0.0202020232025
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(NOK)Source evidence
2020Operating cash flow268691000
2021Operating cash flow279214000
2022Operating cash flow466309000
2023Operating cash flow952728000
2024Operating cash flow867527000
2025Operating cash flow1191471000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

NOK 818.9M 2025
Free cash flow historyOperating cash flow minus capital expenditure for the same period and unit. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.884.4M663.3M442.2M221.1M0.0202020232025
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(NOK)Source evidence
2020Free cash flow266573000
2021Free cash flow277653000
2022Free cash flow298504000
2023Free cash flow750020000
2024Free cash flow604713000
2025Free cash flow818927000

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

Not enough comparable data to show this history.
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2020-12-31Liabilities / assetsNot reported
2021-12-31Liabilities / assetsNot reported
2022-12-31Liabilities / assetsNot reported
2023-12-31Liabilities / assetsNot reported
2024-12-31Liabilities / assetsNot reported
2025-12-31Liabilities / assetsNot reported

Current assets to current liabilities

Current assets divided by current liabilities.

0.89× 2025
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.86×1.40×0.93×0.47×0.00×202020232025
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2020Current assets / current liabilities1.73×
2021Current assets / current liabilities1.04×
2022Current assets / current liabilities1.39×
2023Current assets / current liabilities0.93×
2024Current assets / current liabilities0.72×
2025Current assets / current liabilities0.89×

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2020 2020-01-01 – 2020-12-31
Unavailable Not reported for this period.
NOK 268.69 million
Exact value

Exact value: 268691000 NOK

2020-01-01 – 2020-12-31: 268691000 NOK Inspect Operating Cash Flow Open source
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NOK 2.12 million
Exact value

Exact value: 2118000 NOK

2020-01-01 – 2020-12-31: 2118000 NOK Inspect Capital Expenditure Open source
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NOK 266.57 million
Calculation and evidence

268691000 − 2118000 NOK

Exact free cash flow: 266573000 NOK

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2021 2021-01-01 – 2021-12-31
Unavailable Not reported for this period.
NOK 279.21 million
Exact value

Exact value: 279214000 NOK

2021-01-01 – 2021-12-31: 279214000 NOK Inspect Operating Cash Flow Open source
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NOK 1.56 million
Exact value

Exact value: 1561000 NOK

2021-01-01 – 2021-12-31: 1561000 NOK Inspect Capital Expenditure Open source
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NOK 277.65 million
Calculation and evidence

279214000 − 1561000 NOK

Exact free cash flow: 277653000 NOK

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2022 2022-01-01 – 2022-12-31
Unavailable Not reported for this period.
NOK 466.31 million
Exact value

Exact value: 466309000 NOK

2022-01-01 – 2022-12-31: 466309000 NOK Inspect Operating Cash Flow Open source
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NOK 167.81 million
Exact value

Exact value: 167805000 NOK

2022-01-01 – 2022-12-31: 167805000 NOK Inspect Capital Expenditure Open source
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NOK 298.5 million
Calculation and evidence

466309000 − 167805000 NOK

Exact free cash flow: 298504000 NOK

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2023 2023-01-01 – 2023-12-31
Unavailable Not reported for this period.
NOK 952.73 million
Exact value

Exact value: 952728000 NOK

2023-01-01 – 2023-12-31: 952728000 NOK Inspect Operating Cash Flow Open source
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NOK 202.71 million
Exact value

Exact value: 202708000 NOK

2023-01-01 – 2023-12-31: 202708000 NOK Inspect Capital Expenditure Open source
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NOK 750.02 million
Calculation and evidence

952728000 − 202708000 NOK

Exact free cash flow: 750020000 NOK

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2024 2024-01-01 – 2024-12-31
Unavailable Not reported for this period.
NOK 867.53 million
Exact value

Exact value: 867527000 NOK

2024-01-01 – 2024-12-31: 867527000 NOK Inspect Operating Cash Flow Open source
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NOK 262.81 million
Exact value

Exact value: 262814000 NOK

2024-01-01 – 2024-12-31: 262814000 NOK Inspect Capital Expenditure Open source
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NOK 604.71 million
Calculation and evidence

867527000 − 262814000 NOK

Exact free cash flow: 604713000 NOK

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2025 2025-01-01 – 2025-12-31
Unavailable Not reported for this period.
NOK 1.19 billion
Exact value

Exact value: 1191471000 NOK

2025-01-01 – 2025-12-31: 1191471000 NOK Inspect Operating Cash Flow Open source
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NOK 372.54 million
Exact value

Exact value: 372544000 NOK

2025-01-01 – 2025-12-31: 372544000 NOK Inspect Capital Expenditure Open source
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NOK 818.93 million
Calculation and evidence

1191471000 − 372544000 NOK

Exact free cash flow: 818927000 NOK

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Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

5 filings · 346 latest values · 346 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 5967007LIEEXZXK7FS45, esef:5967007LIEEXZXK7FS45