Reach Subsea ASA
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Reach Subsea ASA's balance sheet done over the years? Its assets were worth $2,687,882,000 last year, which is more than in the previous period. 65% of Reach Subsea ASA’s total assets is currently financed by debt. Its liabilities reached the amount of $1,759,877,000, which means an increase by 372% compared compared to last year.
Debt to Assets
| 2014 | 262962000 | 108.78M | 41.37% |
|---|---|---|---|
| 2015 | 339253000 | 181.80M | 53.59% |
| 2016 | 298590000 | 135.64M | 45.43% |
| 2017 | 389164000 | 171.08M | 43.96% |
| 2018 | 494342000 | 283.09M | 57.27% |
| 2019 | 445378000 | 279.54M | 62.77% |
| 2020 | 363014000 | 152.86M | 42.11% |
| 2021 | 746529000 | 459.72M | 61.58% |
| 2022 | 952085000 | 372.64M | 39.14% |
| 2023 | 2687882000 | 1.75B | 65.47% |
REACH.OL Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 436.42M | 181.29M | 142.69M | 100.95M | 38.65M | 63.27M | 98.95M | 30.58M | 54.37M | 59.74M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | -11.00M | 0 | -53M | 0 |
Net receivables | 340.70M | 296.79M | 203.11M | 131.42M | 122.77M | 173.07B | 114.46M | 0 | 66.85M | 25.92M |
Inventory | 28.41M | 9.88M | 8.13M | 1.37M | 6.69M | -173.07B | -114.30B | 0 | 1 | 1 |
Other current assets | 15.37M | 5.78M | 3K | 3.78M | -1K | 1K | 49.61M | 104.65M | 9.62M | 13.29M |
Total current assets | 820.91M | 504.05M | 353.94M | 241.97M | 168.13M | 252.53M | 263.03M | 135.24M | 130.84M | 98.96M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 1.61B | 325.73M | 350.95M | 90.10M | 247.90M | 208.97M | 101.79M | 116.91M | 140.41M | 97.47M |
Goodwill | 109.59M | 86.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Intangible assets | 30.76M | 10.62M | 1.45M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Long term investments | 113.45M | 0 | 0 | 22.77M | 21.28M | 0 | 16.16M | 0 | 59.82M | 5.36M |
Other non-current assets | 0 | 38K | 21K | 22.77M | 21.17M | 24.67M | 16.17M | 38.27M | 59.82M | 58.36M |
Total non-current assets | 1.86B | 448.03M | 392.58M | 121.03M | 277.24M | 241.81M | 126.12M | 163.34M | 208.40M | 163.99M |
Total assets | 2.68B | 952.08M | 746.52M | 363.01M | 445.37M | 494.34M | 389.16M | 298.59M | 339.25M | 262.96M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 0 | 68.03M | 0 | 0 | 14.08M | 0 | 0 | 0 | 1.26M |
Short term debt | 396.21M | 121.74M | 192.88M | 28.62M | 98.52M | 78.79M | 21.25M | 21M | 18M | 11.46M |
Total current liabilities | 885.96M | 363.40M | 340.05M | 140.12M | 195.54M | 213.14M | 128.16M | 71.41M | 87.20M | 49.26M |
| Non-current liabilities: | ||||||||||
Long term debt | 863.34M | 9.24M | 119.66M | 12.73M | 83.99M | 69.94M | 42.91M | 64.22M | 94.60M | 59.51M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1K | 0 | -1K | 1K | 0 | 0 | -2K | 0 | 0 | 1K |
Total non-current liabilities | 873.91M | 9.24M | 119.66M | 12.73M | 83.99M | 69.94M | 42.91M | 64.22M | 94.60M | 59.51M |
Total liabilities | 1.75B | 372.64M | 459.72M | 152.86M | 279.54M | 283.09M | 171.08M | 135.64M | 181.80M | 108.78M |
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