Reach Subsea ASA (LON:0EMB)

Reach Subsea ASA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	616.77	278.02	436.42	191.59	149.04	105.4
Cash & Short-Term Investments	616.77	278.02	436.42	191.59	149.04	105.4
Cash Growth	137.97%	-36.30%	127.79%	28.55%	41.40%	172.64%
Accounts Receivable	759.43	651.08	314.17	283.78	181.38	131.31
Other Receivables	32.35	41.62	26.53	13.02	7.78	0.11
Receivables	791.78	692.7	340.7	296.8	189.16	131.43
Inventory	29.3	18.77	28.42	9.88	8.13	1.38
Prepaid Expenses	-	23.56	15.37	5.78	7.62	3.78
Other Current Assets	-	-	0	0	-	0
Total Current Assets	1,438	1,013	820.91	504.06	353.95	241.98
Property, Plant & Equipment	1,908	1,938	1,613	325.77	350.97	90.1
Long-Term Investments	149.53	127.22	113.45	-	-	22.77
Goodwill	109.59	109.59	109.59	86.72	-	-
Other Intangible Assets	19.29	23.29	28.63	8.75	-	-
Long-Term Deferred Tax Assets	25.25	34.92	-	24.92	40.15	8.16
Long-Term Deferred Charges	1.75	1.92	2.14	1.87	1.46	-
Other Long-Term Assets	-	-0	-	0	-	-
Total Assets	3,651	3,248	2,688	952.09	746.53	363.01
Accounts Payable	238.24	243.02	205.77	102.43	63.47	65.06
Accrued Expenses	-	288.82	233.72	129.38	75.95	41.93
Current Portion of Long-Term Debt	24.92	14.16	5.82	20.75	11.58	5
Current Portion of Leases	651.84	799.93	390.39	101	181.3	23.63
Current Income Taxes Payable	14.69	52.96	41.03	7.85	-	-1.91
Other Current Liabilities	333.77	14.13	9.23	2	7.75	6.43
Total Current Liabilities	1,263	1,413	885.96	363.4	340.06	140.13
Long-Term Debt	616.21	67.54	24.62	4.85	13.94	7.5
Long-Term Leases	499.33	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	2,379	2,156	1,760	372.64	459.72	152.86
Common Stock	327.38	282.67	271.77	225.73	144.94	143.61
Additional Paid-In Capital	514.05	412.11	388.27	267.35	85.93	83.53
Retained Earnings	386.56	365.22	257.17	78.48	49.28	-23.64
Comprehensive Income & Other	44.44	31.91	10.79	7.89	6.66	6.66
Shareholders' Equity	1,272	1,092	928.01	579.44	286.81	210.15
Total Liabilities & Equity	3,651	3,248	2,688	952.09	746.53	363.01
Total Debt	1,792	1,557	1,260	130.99	312.56	41.36
Net Cash (Debt)	-1,176	-1,279	-823.14	60.6	-163.52	64.04
Net Cash Per Share	-3.68	-4.24	-3.21	0.29	-1.14	0.45
Filing Date Shares Outstanding	327.38	327.38	271.77	255.45	224.91	143.61
Total Common Shares Outstanding	327.38	282.67	271.77	225.73	144.94	143.61
Working Capital	174.39	-399.96	-65.05	140.65	13.89	101.85
Book Value Per Share	3.89	3.86	3.41	2.57	1.98	1.46
Tangible Book Value	1,144	959.03	789.79	483.97	286.81	210.15
Tangible Book Value Per Share	3.49	3.39	2.91	2.14	1.98	1.46
Machinery	1,299	-	-	-	-	145.34
Order Backlog	-	1,850	1,600	740	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.