Craft

Reach Subsea

Stock Price

KR9.1

2024-10-29

Market Capitalization

KR2.5 B

2024-10-29

Revenue

KR2.7 B

FY, 2025

Reach Subsea Summary

Company Summary

Overview
Reach Subsea is a company that provides subsea, engineering, and consultancy services. It offers remotely operated vehicles (ROVs), project management, maintenance, repair, asset integrity, pipeline inspection, survey, and construction support services. The company caters to the oil and gas and renewables sectors.
Type
Public
Status
Active
Founded
2008
HQ
Haugesund, NO | view all locations
Website
https://reachsubsea.no
Cybersecurity rating
Sectors

Key People

  • Jostein Alendal

    Jostein Alendal, Chief Executive Officer

  • Espen Gjerde

    Espen Gjerde, Board Member

    • Bård Thuen Høgheim

      Bård Thuen Høgheim, Chief Commercial Officer

    • Inge Grutle

      Inge Grutle, Chief Operating Officer

    LocationsView all

    3 locations detected

    • Haugesund, Rogaland HQ

      Norway

      Garpeskjærveien 2

    • Haugesund, Rogaland

      Norway

      Møllervegen 6 (entrance: Smedasundet 100)

    • Haugesund, Rogaland

      Norway

      PO Box 1393

    Reach Subsea Financials

    Summary Financials

    Revenue (Q1, 2026)
    kr551.4M
    Gross profit (Q1, 2026)
    kr551.4M
    Net income (Q1, 2026)
    (kr191.2M)
    Cash (Q1, 2026)
    kr335.6M
    EBIT (Q1, 2026)
    (kr182.2M)
    Enterprise value
    $3.9B

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