Reach Subsea ASA (LON:0EMB)

Reach Subsea ASA Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	278.02	436.42	191.59	149.04	105.4
Cash & Short-Term Investments	278.02	436.42	191.59	149.04	105.4
Cash Growth	-36.30%	127.79%	28.55%	41.40%	172.64%
Accounts Receivable	651.08	314.17	283.78	181.38	131.31
Other Receivables	50.55	26.54	13.02	7.78	0.11
Receivables	701.63	340.7	296.8	189.16	131.43
Inventory	33.41	28.42	9.88	8.13	1.38
Prepaid Expenses	-	15.37	5.78	7.62	3.78
Other Current Assets	-	0	0	-	0
Total Current Assets	1,013	820.91	504.06	353.95	241.98
Property, Plant & Equipment	1,938	1,613	325.77	350.97	90.1
Long-Term Investments	127.22	113.45	-	-	22.77
Goodwill	109.59	109.59	86.72	-	-
Other Intangible Assets	23.29	28.63	8.75	-	-
Long-Term Deferred Tax Assets	34.92	-	24.92	40.15	8.16
Long-Term Deferred Charges	1.92	2.14	1.87	1.46	-
Other Long-Term Assets	-0	-	0	-	-
Total Assets	3,248	2,688	952.09	746.53	363.01
Accounts Payable	243.02	205.77	102.43	63.47	65.06
Accrued Expenses	-	233.72	129.38	75.95	41.93
Current Portion of Long-Term Debt	14.16	5.82	20.75	11.58	5
Current Portion of Leases	799.93	390.39	101	181.3	23.63
Current Income Taxes Payable	52.96	41.03	7.85	-	-1.91
Other Current Liabilities	302.95	9.23	2	7.75	6.43
Total Current Liabilities	1,413	885.96	363.4	340.06	140.13
Long-Term Debt	67.54	24.62	4.85	13.94	7.5
Long-Term Leases	675.24	838.73	4.39	105.73	5.23
Long-Term Deferred Tax Liabilities	-	10.57	-	-	-
Other Long-Term Liabilities	-	0	-	-	0
Total Liabilities	2,156	1,760	372.64	459.72	152.86
Common Stock	282.67	271.77	225.73	144.94	143.61
Additional Paid-In Capital	412.11	388.27	267.35	85.93	83.53
Retained Earnings	365.22	257.17	78.48	49.28	-23.64
Comprehensive Income & Other	31.91	10.79	7.89	6.66	6.66
Shareholders' Equity	1,092	928.01	579.44	286.81	210.15
Total Liabilities & Equity	3,248	2,688	952.09	746.53	363.01
Total Debt	1,557	1,260	130.99	312.56	41.36
Net Cash (Debt)	-1,279	-823.14	60.6	-163.52	64.04
Net Cash Per Share	-4.23	-3.21	0.29	-1.14	0.45
Filing Date Shares Outstanding	282.67	271.77	255.45	224.91	143.61
Total Common Shares Outstanding	282.67	271.77	225.73	144.94	143.61
Working Capital	-399.96	-65.05	140.65	13.89	101.85
Book Value Per Share	3.86	3.41	2.57	1.98	1.46
Tangible Book Value	959.03	789.79	483.97	286.81	210.15
Tangible Book Value Per Share	3.39	2.91	2.14	1.98	1.46
Machinery	-	-	-	-	145.34
Order Backlog	1,200	1,600	740	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.