REACH SUBSEA ASA

Operating

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Yte ingeniør-, konstruksjons- og servicetjenester for offshoreenergiindustrien, skipsfart og annen transportvirksomhet gjennom eierskap og/eller drift, deltakelse i slik virksomhet gjennom ander selskaper, samt tilhørende virksomhet.

Keywords

geologicalgeophysicalgeochemicalscientificconsulting serviceslocationmineral depositsoil and gasgroundwater

Organization

CEO: JA
Jostein Alendal1966
Chairman of the board: RB
Rachid Bendriss1969
Years since formation: 31 years; since Mar 12, 1995
Type: Public limited company
VAT registered: Yes
Number of employees: 5

Ownership

Number of shares and share classes: 327,377,982; 1 share class
Total number of shareholders: 3868; 291 companies, 3,577 persons
Belongs to group of

Financials

Total operating income 2025: 34,594,000; NOK
Annual total result 2025: 8,862,000; NOK
Total equity 2025: 703,083,000; NOK

Last update: Sep 12, 2026

Management

Management / administration

Name	Role	Shares
JA Jostein Alendal 1966	Managing Director/CEO	-

Board

Name	Role	Shares
RB Rachid Bendriss 1969	Chairman	1.68 % indirectly
EG Espen Gjerde 1981	Board Member	-
AS Arvid Ståle Pettersen 1957	Board Member	-
MK Martha Kold Monclair 1962	Board Member	-
HD Hilde Drønen 1961	Board Member	-

Others

Name	Role	Shares
P PRICEWATERHOUSECOOPERS AS	Auditor	-

Top 10 individual shareholders

Name	Role	Shares
AO Anders Onarheim 1959	-	3.67 % indirectly
RB Rachid Bendriss 1969	Chairman	1.68 % indirectly
DL Didrik Leikvang 1984	-	1.6 % indirectly
LJ Lars Johan Fjell 1955	-	1.42 % indirectly
SB Sindre Bakkejord 1976	-	1.12 % indirectly
RB Rikke Bakkejord 1981	-	1.12 % indirectly
TW Thomas Wilhelmsen 1974	-	1.02 % indirectly

Last update: Jun 12, 2026

Ownership

Company shareholders

Name	Share class	Total number of shares	Share
W WILHELMSEN NEW ENERGY AS	Ordinary shares	96,844,009	29.58 %
N NORTH INDUSTRIES 1 AS Under liquidation	Ordinary shares	50,832,449	15.53 %
S SURVEY HOLDING AS Closed	Ordinary shares	29,116,897	8.89 %
H HOLME HOLDING AS	Ordinary shares	6,445,000	1.97 %
J JT INVEST AS	Ordinary shares	6,039,539	1.84 %
S SBAKKEJORD AS	Ordinary shares	3,654,482	1.12 %
R RARA AS	Ordinary shares	3,654,482	1.12 %
L LION INVEST AS	Ordinary shares	3,300,000	1.01 %
J JAKOB HATTELAND HOLDING AS	Ordinary shares	3,000,000	0.92 %
A ALTEA AS	Ordinary shares	2,973,658	0.91 %
S STAVA INVEST AS	Ordinary shares	2,193,426	0.67 %
B BARRUS CAPITAL AS	Ordinary shares	2,110,090	0.64 %
R RMS INVEST AS	Ordinary shares	2,000,000	0.61 %
A A-Å INVEST AS	Ordinary shares	1,988,725	0.61 %
I INVICTA INVEST AS	Ordinary shares	1,284,179	0.39 %
C CASTEL AS	Ordinary shares	1,254,687	0.38 %
P PIPENATTEN AS	Ordinary shares	1,100,000	0.34 %
JG Jetmund Gunnar Nyvang 1958	Ordinary shares	1,052,043	0.32 %
K KOLD INVEST AS	Ordinary shares	1,004,534	0.31 %
C CONSUS AS	Ordinary shares	960,425	0.29 %
BT Bård Thuen Høgheim 1982	Ordinary shares	907,500	0.28 %
A AB INVESTMENT AS	Ordinary shares	900,000	0.27 %
N NORDNET LIVSFORSIKRING AS	Ordinary shares	878,386	0.27 %
V VEST-NORSK HANDELSKOMPANI AS	Ordinary shares	850,000	0.26 %
H HAGLAND INVEST AS	Ordinary shares	848,625	0.26 %
E EJA HOLDING AS	Ordinary shares	800,000	0.24 %
A AVUTELLA AS	Ordinary shares	752,834	0.23 %
C CORUNA AS	Ordinary shares	682,500	0.21 %
D DØVING INVEST AS	Ordinary shares	656,508	0.2 %
A AS SATURN & CO	Ordinary shares	644,259	0.2 %
B BD TRADING AS	Ordinary shares	543,311	0.17 %
P PINCHCLIFFE AS	Ordinary shares	500,000	0.15 %
ØR Øystein Rong 1951	Ordinary shares	500,000	0.15 %
A AS FINANSPLAN	Ordinary shares	495,245	0.15 %
R RAFI HOLDING AS	Ordinary shares	490,000	0.15 %
L LA STRADA AS	Ordinary shares	485,292	0.15 %
G G-S INVEST AS	Ordinary shares	472,370	0.14 %
BW Bent Walentin Haavaas 1965	Ordinary shares	471,834	0.14 %
S SMS INVESTERING AS	Ordinary shares	462,366	0.14 %
S SIMEX RØR AS	Ordinary shares	461,802	0.14 %
RO Rune Omdal 1974	Ordinary shares	433,340	0.13 %
R REACH SUBSEA ASA	Ordinary shares	418,986	0.13 %
M MACAMA AS	Ordinary shares	403,446	0.12 %
AB Audun Brandtzæg 1964	Ordinary shares	400,000	0.12 %
GH Georg Husveg 1970	Ordinary shares	400,000	0.12 %
LS Lars Sverre Wik 1988	Ordinary shares	396,253	0.12 %
GN Georg Nervik 1963	Ordinary shares	390,000	0.12 %
KA Knut Ansgar Brox 1957	Ordinary shares	382,900	0.12 %
D DECS INVEST AS	Ordinary shares	364,197	0.11 %
A ARNT HAGEN HOLDING AS	Ordinary shares	363,452	0.11 %
RL Ruben Larsen Eide 1993	Ordinary shares	324,519	0.1 %
HH Håkon Haabeth Brox 1985	Ordinary shares	323,462	0.1 %
S SANDER INVEST AS	Ordinary shares	318,194	0.1 %
NO Nils Olav Fardal Bruteig 1970	Ordinary shares	299,781	0.09 %
P PETROCK II AS	Ordinary shares	284,703	0.09 %
SH Sven Husveg 1974	Ordinary shares	280,000	0.09 %
H HONUNGSDUGG AS	Ordinary shares	257,788	0.08 %
MJ Martin Jakob Nagell 1974	Ordinary shares	256,292	0.08 %
KA Kjell Arne Hebnes 1973	Ordinary shares	252,800	0.08 %
KA Knut Andreas Bentsen 1953	Ordinary shares	250,000	0.08 %
AK Arve Kristiansen 1954	Ordinary shares	250,000	0.08 %
SE Skjalg Erik Lima 1971	Ordinary shares	245,913	0.08 %
HR Helge Røthing Mikkelsen 1978	Ordinary shares	244,587	0.07 %
E EKB INVEST AS	Ordinary shares	237,500	0.07 %
LB Linn Beathe R Mikkelsen 1984	Ordinary shares	231,088	0.07 %
P PAUL INVEST AS	Ordinary shares	223,000	0.07 %
BM Bent Mikael Haugen 1958	Ordinary shares	217,300	0.07 %
TI Thor Inge Willumsen 1948	Ordinary shares	217,000	0.07 %
AB André Bjørdal 1971	Ordinary shares	212,683	0.06 %
LM Leif Magne Heiberg 1961	Ordinary shares	204,056	0.06 %
E EIDE & DØTRE AS	Ordinary shares	203,670	0.06 %
T TRIOFA 2 AS	Ordinary shares	198,522	0.06 %
H HAUGESUND PSYKIATRISKE SENTER AS	Ordinary shares	190,000	0.06 %
S SCHANCHE INVEST AS	Ordinary shares	180,863	0.06 %
AR Arvid Rasmussen 1961	Ordinary shares	180,000	0.05 %
ÅH Åge Holsbrekken 1964	Ordinary shares	176,032	0.05 %
TL Torstein Lunde 1970	Ordinary shares	175,812	0.05 %
S STRØMME GRUPPEN AS	Ordinary shares	175,000	0.05 %
AJ Alastair John Mong Mc Coll 1981	Ordinary shares	172,460	0.05 %
I INGWILL AS	Ordinary shares	170,000	0.05 %
B BJØRN UTSETH INVEST AS	Ordinary shares	170,000	0.05 %
HL Heine Lothe Stava 1999	Ordinary shares	168,700	0.05 %
BJ Bartlomiej Jan Piwowar 1983	Ordinary shares	166,314	0.05 %
T TRILOV AS	Ordinary shares	165,000	0.05 %
AO Askil Ommund Losnegård Rødeseike 1987	Ordinary shares	160,000	0.05 %
K KBL INVEST AS	Ordinary shares	156,250	0.05 %
BW Birgitte Wendelbo Johansen 1976	Ordinary shares	153,830	0.05 %
OA Ole Andreas Bjerke 1961	Ordinary shares	150,500	0.05 %
OK Ove Kolbjørn Djupevåg 1956	Ordinary shares	150,000	0.05 %
B BETTO AS	Ordinary shares	150,000	0.05 %
K KVAAL INVEST AS	Ordinary shares	150,000	0.05 %
TH Torstein Holme Grutle 1985	Ordinary shares	148,916	0.05 %
OH Olvar Håland-Ellingsen 1981	Ordinary shares	143,094	0.04 %
S SIGURD SIVERTSEN AS	Ordinary shares	140,287	0.04 %
JR John Runar Aarskog 1963	Ordinary shares	140,055	0.04 %
M MAGNUS SKJØNHAUG INVEST AS	Ordinary shares	140,000	0.04 %
TG Trond Gundersen 1969	Ordinary shares	140,000	0.04 %
BL Bjørnar Lund 1976	Ordinary shares	139,000	0.04 %
HJ Hallgeir Johansson 1959	Ordinary shares	137,500	0.04 %
KH Knut Harald Skeisvoll 1948	Ordinary shares	133,858	0.04 %

Shares owned by the REACH SUBSEA ASA

Name	Share class	Total number of shares	Share
R REACH SUBSEA HOLDING AS	Ordinary shares	1,000	100 %
R REACH SUBSEA ASA	Ordinary shares	418,986	0.13 %

Last update: Sep 25, 2026

Group structure

REACH SUBSEA ASA
Total operating income 2025: NOK 34,594,000
Operating profit 2025: NOK -7,230,000
Employees: 5

Financials

in NOK

Summary

Year	2025	2024	2023	2022	2021
Total operating income	34,594,000	26,444,000	21,157,000	18,369,000	9,911,000
Annual Total Result	8,862,000	14,939,000	20,582,000	50,766,000	96,042,000
Total assets	1,587,220,000	881,938,000	1,130,750,000	601,361,000	324,019,000
Total liabilities	884,135,000	292,140,000	459,643,000	54,850,000	44,495,000
Total equity	703,083,000	589,798,000	671,107,000	546,511,000	279,523,000

P&L

Year	2025	2024	2023	2022	2021
Total operating income	34,594,000	26,444,000	21,157,000	18,369,000	9,911,000
Total operating costs	41,824,000	35,608,000	27,294,000	23,357,000	13,998,000
Operating result	-7,230,000	-9,164,000	-6,137,000	-4,988,000	-4,087,000
Financial income/costs	21,125,000	29,605,000	31,334,000	70,077,000	85,105,000
Profit before tax	13,895,000	20,441,000	25,197,000	65,089,000	81,018,000
Total tax & extraordinary income/cost	5,033,000	5,502,000	4,615,000	14,323,000	-15,024,000
Annual Total Result	8,862,000	14,939,000	20,582,000	50,766,000	96,042,000

Balance overview

Year	2025	2024	2023	2022	2021
Total fixed assets	357,013,000	343,490,000	341,338,000	346,126,000	214,987,000
Total current assets	1,230,207,000	538,448,000	789,412,000	255,235,000	109,032,000
Total assets	1,587,220,000	881,938,000	1,130,750,000	601,361,000	324,019,000
Short term debt	394,648,000	292,140,000	459,643,000	54,850,000	44,495,000
Long term debt	489,487,000	0	0	0	0
Total liabilities	884,135,000	292,140,000	459,643,000	54,850,000	44,495,000
Contributed capital	703,083,000	589,798,000	671,107,000	471,122,000	208,920,000
Retained earnings	0	0	0	75,389,000	70,603,000
Total equity	703,083,000	589,798,000	671,107,000	546,511,000	279,523,000
Total equity and liabilities	1,587,218,000	881,938,000	1,130,750,000	601,361,000	324,018,000

Classification

21st company classification

BETA

Individual SMB enterprise

REACH SUBSEA ASA922 493 626

REACH SUBSEA ASA

Keywords

Links

Organization

Ownership

Financials

Management

Management / administration

Board

Others

Top 10 individual shareholders

Ownership

Company shareholders

Shares owned by the REACH SUBSEA ASA

Group structure

Financials

Summary

P&L

Balance overview

Classification