REACH SUBSEA AS
Operating
Home - Reach Subsea
Offshore, samt oljerelatert virksomhet,
herunder å delta i andre virksomheter innen samme forretningsområde.
Offshore, samt oljerelatert virksomhet.
Keywords
geologicalgeophysicalgeochemicalscientificconsulting serviceslocationmineral depositsoil and gasgroundwater
Links
Organization
- CEO
- JA
Jostein Alendal1966
- Chairman of the board
- AJ
Arne Joa1979
- Years since formation
- 18 years
- since Oct 29, 2008
- Type
- Limited company
- VAT registered
- Yes
- Number of employees
- 309
Ownership
- Number of shares and share classes
- 1,000
- 1 share class
- Total number of shareholders
- 1
- company
- Belongs to group of
Financials
- Total operating income 2025
- 2,328,016,616
- NOK
- Annual total result 2025
- -64,488,712
- NOK
- Total equity 2025
- 323,469,048
- NOK
Last update: Aug 20, 2026
Management
Management / administration
| Name | Role | Shares |
|---|---|---|
JA 1966 | Managing Director/CEO | 1.09 % indirectly |
Board
| Name | Role | Shares |
|---|---|---|
AJ 1979 | Chairman | - |
ÅJ 1968 | Board Member | - |
| Alternate Member | - | |
HI | Board Member | - |
JE | Board Member | - |
KL | Alternate Member | - |
Others
| Name | Role | Shares |
|---|---|---|
| Auditor | - |
Top 10 individual shareholders
| Name | Role | Shares |
|---|---|---|
AO 1959 | - | 4.09 % indirectly |
LJ 1955 | - | 1.54 % indirectly |
EB 1971 | - | 1.29 % indirectly |
SB 1976 | - | 1.29 % indirectly |
BR 1981 | - | 1.29 % indirectly |
JA 1966 | Managing Director/CEO | 1.09 % indirectly |
TA | - | 1.04 % indirectly |
ØR 1951 | - | 1.01 % indirectly |
Last update: Oct 25, 2025
Ownership
Company shareholders
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
| Ordinary shares | 1,000 | 100 % |
Shares owned by the REACH SUBSEA AS
| Name | Share class | Total number of shares | Share |
|---|---|---|---|
C Closed | Ordinary shares | 30 | 100 % |
| Ordinary shares | 3,000 | 100 % | |
| Ordinary shares | 100 | 100 % | |
| Ordinary shares | 49,000 | 100 % | |
| Ordinary shares | 2,814 | 46.9 % |
Last update: Jun 2, 2025
Group structure
- Total operating income 2025: NOK 34,594,000Operating profit 2025: NOK -7,230,000Employees: 5
Financials
in NOK
Summary
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 2,328,016,616 | 2,402,114,439 | 1,864,909,992 | 824,316,389 | 619,796,794 |
Annual Total Result | -64,488,712 | 197,863,631 | 227,731,119 | 66,731,320 | 58,401,264 |
Total assets | 1,592,360,825 | 1,946,552,185 | 1,339,581,809 | 728,655,502 | 408,105,119 |
Total liabilities | 1,268,891,776 | 1,359,610,239 | 951,877,299 | 495,358,874 | 250,402,527 |
Total equity | 323,469,048 | 586,941,946 | 387,704,509 | 233,296,628 | 157,702,591 |
P&L
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total operating income | 2,328,016,616 | 2,402,114,439 | 1,864,909,992 | 824,316,389 | 619,796,794 |
Total operating costs | 2,365,717,519 | 2,162,740,262 | 1,567,988,200 | 737,988,283 | 544,632,897 |
Operating result | -37,700,903 | 239,374,177 | 296,921,792 | 86,328,106 | 75,163,897 |
Financial income/costs | -49,864,280 | 10,565,951 | -8,835,387 | -283,098 | -172,233 |
Profit before tax | -87,565,183 | 249,940,127 | 288,086,405 | 86,045,009 | 74,991,664 |
Total tax & extraordinary income/cost | -23,076,471 | 52,076,496 | 60,355,286 | 19,313,689 | 16,590,400 |
Annual Total Result | -64,488,712 | 197,863,631 | 227,731,119 | 66,731,320 | 58,401,264 |
Balance overview
| Year | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
Total fixed assets | 679,892,607 | 815,360,324 | 583,446,978 | 359,862,096 | 109,734,345 |
Total current assets | 912,468,218 | 1,131,191,861 | 756,134,830 | 368,793,406 | 298,370,774 |
Total assets | 1,592,360,825 | 1,946,552,185 | 1,339,581,809 | 728,655,502 | 408,105,119 |
Short term debt | 873,560,217 | 1,216,958,888 | 884,607,443 | 480,146,015 | 237,667,532 |
Long term debt | 395,331,559 | 142,651,351 | 67,269,856 | 15,212,859 | 12,734,995 |
Total liabilities | 1,268,891,776 | 1,359,610,239 | 951,877,299 | 495,358,874 | 250,402,527 |
Contributed capital | 222,666,345 | 218,073,060 | 216,129,810 | 216,129,810 | 157,702,591 |
Retained earnings | 100,802,703 | 368,868,886 | 171,574,699 | 17,166,818 | 0 |
Total equity | 323,469,048 | 586,941,946 | 387,704,509 | 233,296,628 | 157,702,591 |
Total equity and liabilities | 1,592,360,824 | 1,946,552,184 | 1,339,581,809 | 728,655,502 | 408,105,118 |
Classification
21st company classification
BETA
Industrial large enterprise
Category
Type of organization
Limited company
Classification of institutional sector
INNL
Domestic sectors
A_IKKE-FIN
Non-financial corporations
2100
Private non-financial incorporated enterprises
Standard industrial classification
M
Main industrial area
Professional, scientific and technical activities
71
Activity
Architectural and engineering activities; technical testing and analysis
71.1
Main industrial group
Architectural and engineering activities and related technical consultancy
71.12
Industrial group
Engineering activities and related technical consultancy
71.122
Industrial group
Geological surveying