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Reach Subsea ASA
Garpeskjaervegen 2
Phone: +47 40007710p:+47 40007710 HAUGESUND, 5527  Norway Ticker: REACHREACH

Business Summary
Reach Subsea ASA, formerly Transit Invest ASA, is a Norway-based company with operations within the maritime sector. It offers subsea services as subcontractor directly to end customers. The Company’s business is based on Remotely Operated Underwater Vehicles (ROV) operated by offshore personnel and supported by onshore project management and engineering resources. Reach Subsea operates through two segments: the Oil & Gas segment, that is engaged in surveying, Inspection, Maintenance and Repair (IMR) and light construction projects for oil & gas companies while the Renewable/Other segment provides those services to non-oil & gas companies. The Company’s services include also geophysical monitoring services, environmental monitoring services as well as in-house engineering. Reach Subsea ASA has several subsidiaries, such as Reach Subsea AS, Connect Offshore AS and Reach International AS.

Scores and Ratings
FRISK®
Score
Z''
Score
PAYCE®
Score
DBT
Index
Moody's
Rating
Fitch
Rating
DBRS
Rating
YesYes-----

Financials, News and Filings
Latest
Statement
Last
Audit

News
SEC
Filings
Bankruptcy
Filings
Suit &
Judgment
Filings
Tax
Lien
Filings
12/31/202312/31/2022Yes----

Officers and Directors

Title

Name

Age
Title
Date
Start
Date
Chairman of the Board RachidBendriss 54 1/1/2020 1/1/2020
Chief Executive Officer JosteinAlendal 51 5/26/2014
Vice Chairman of the Board AndersOnarheim 5/27/2019 11/28/2012
12 additional Officers and Directors records available in full report.

Business Names
Business Name
Green Reefers ASA
REACH
Reach Subsea ASA
Transit Invest ASA

General Information
Number of Employees: 273 (As of 12/31/2022)
Outstanding Shares: 271,769,245 (As of 12/31/2023)
Shareholders: 485
Stock Exchange: OSL


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Thursday, February 22, 2024