General Oceans ASA (OSL:GENO)

General Oceans ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	504.42	341.36	281.63	172.65	153.82	84.78
Short-Term Investments	-	1.94	1.26	1.64	3.43	-
Cash & Short-Term Investments	504.42	343.29	282.89	174.29	157.25	84.78
Cash Growth	-	21.35%	62.31%	10.84%	85.47%	-27.86%
Accounts Receivable	165.06	180.39	155.6	127.6	111.74	60.29
Other Receivables	41.26	18.32	17.92	12.15	14.94	10.34
Receivables	206.32	198.71	173.52	139.75	126.68	70.62
Inventory	278.45	243.82	234.53	205.74	115.2	64.21
Prepaid Expenses	-	33.66	17.43	12.51	15.91	-
Other Current Assets	1.23	6.34	-	3.57	-	-
Total Current Assets	990.43	825.82	708.37	535.87	415.04	219.62
Property, Plant & Equipment	231.94	211.65	264.77	235.26	155.17	25.39
Long-Term Investments	19.54	-	-	0.27	0.46	0.11
Goodwill	180.67	110.39	116.26	79.61	183.93	169.44
Other Intangible Assets	234.37	157.64	198.33	168.29	167.85	2.54
Long-Term Deferred Tax Assets	40.17	42.11	24.12	7.36	3.26	1.58
Long-Term Deferred Charges	-	3.83	4.42	4.11	-	-
Other Long-Term Assets	1.18	0.97	-	3.38	1.93	12.38
Total Assets	1,698	1,352	1,316	1,046	939.53	431.06

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	63.79	45.65	52.15	60.34	32.79	43.21
Accrued Expenses	-	72.33	67.38	49.6	53.18	13.33
Current Portion of Long-Term Debt	-	70.96	144.42	14.07	20.35	-
Current Portion of Leases	23.09	17.49	15.12	13.24	6.54	-
Current Income Taxes Payable	36.45	32.62	33.02	17.97	18.71	12.87
Current Unearned Revenue	119.85	166.81	96.34	20.98	21.69	-
Other Current Liabilities	59.44	127.52	11.13	4.89	19.92	17.82
Total Current Liabilities	302.62	533.38	419.55	181.08	173.17	87.23
Long-Term Debt	-	0.83	39.61	128.54	180.28	40.93
Long-Term Leases	89.27	70.35	77.28	67.19	59.73	-
Long-Term Unearned Revenue	-	-	-	0.64	-	-
Long-Term Deferred Tax Liabilities	34.11	40.01	46.94	43.75	39.25	-
Other Long-Term Liabilities	0.26	-	14.49	-	-	0
Total Liabilities	426.26	644.57	597.87	421.2	452.43	128.16

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	6.54	5.73	5.62	5.57	4.86	0.26
Additional Paid-In Capital	1,019	549.02	549.13	535.12	325.86	272.02
Retained Earnings	247.61	175.48	50.4	21.22	118.74	30.63
Treasury Stock	-44.98	-98.98	-	-	-	-
Comprehensive Income & Other	44.23	76.6	113.25	63.38	37.64	-
Total Common Equity	1,272	707.84	718.39	625.28	487.09	302.9
Shareholders' Equity	1,272	707.84	718.39	625.28	487.09	302.9
Total Liabilities & Equity	1,698	1,352	1,316	1,046	939.53	431.06

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	112.36	159.63	276.43	223.03	266.89	40.93
Net Cash (Debt)	392.06	183.66	6.46	-48.73	-109.64	43.85
Net Cash Growth	-	2743.52%	-	-	-	-62.57%
Net Cash Per Share	2.20	1.09	0.04	-0.33	-0.75	0.33
Filing Date Shares Outstanding	192.2	163.8	168.44	167.1	145.75	134.09
Total Common Shares Outstanding	192.2	163.8	168.44	167.1	145.75	134.09
Working Capital	687.8	292.44	288.81	354.79	241.87	132.39
Book Value Per Share	6.62	4.32	4.27	3.74	3.34	2.26
Tangible Book Value	857	439.81	403.8	377.38	135.32	130.92
Tangible Book Value Per Share	4.46	2.69	2.40	2.26	0.93	0.98
Land	-	80.09	136.88	121.86	63.97	-
Machinery	-	178.96	159.11	135.02	105.59	61.47
Order Backlog	-	587.2	585.7	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Nov 12, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 14, 2026

Data Sources Report a data error