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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	545.82	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	545.82	343.29	282.89	174.29	157.25	84.78
Cash Growth	-	21.35%	62.31%	10.84%	85.47%	-27.86%
Accounts Receivable	149.27	180.39	155.6	127.6	111.74	60.29
Other Receivables	52.16	18.32	17.92	12.15	14.94	10.34
Receivables	201.42	198.71	173.52	139.75	126.68	70.62
Inventory	281.91	243.82	234.53	205.74	115.2	64.21
Prepaid Expenses	-	33.66	17.43	12.51	15.91	-
Other Current Assets	-	6.34	-	3.57	-	-
Total Current Assets	1,029	825.82	708.37	535.87	415.04	219.62
Property, Plant & Equipment	217.39	211.65	264.77	235.26	155.17	25.39
Long-Term Investments	19.54	-	-	0.27	0.46	0.11
Goodwill	186.08	110.39	116.26	79.61	183.93	169.44
Other Intangible Assets	253.51	157.64	198.33	168.29	167.85	2.54
Long-Term Deferred Tax Assets	55.48	42.11	24.12	7.36	3.26	1.58
Long-Term Deferred Charges	5.22	3.83	4.42	4.11	-	-
Other Long-Term Assets	5.25	0.97	-	3.38	1.93	12.38
Total Assets	1,772	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	74.04	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	19.96	17.49	15.12	13.24	6.54	-
Current Income Taxes Payable	34.54	32.62	33.02	17.97	18.71	12.87
Current Unearned Revenue	150.4	166.81	96.34	20.98	21.69	-
Other Current Liabilities	85.34	127.52	11.13	4.89	19.92	17.82
Total Current Liabilities	364.29	533.38	419.55	181.08	173.17	87.23
Long-Term Debt	0.31	0.83	39.61	128.54	180.28	40.93
Long-Term Leases	72.95	70.35	77.28	67.19	59.73	-
Long-Term Unearned Revenue	-	-	-	0.64	-	-
Long-Term Deferred Tax Liabilities	36.64	40.01	46.94	43.75	39.25	-
Other Long-Term Liabilities	-	-	14.49	-	-	0
Total Liabilities	474.18	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	Jun 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	246.29	175.48	50.4	21.22	118.74	30.63
Treasury Stock	-44.98	-98.98	-	-	-	-
Comprehensive Income & Other	70.96	76.6	113.25	63.38	37.64	-
Total Common Equity	1,297	707.84	718.39	625.28	487.09	302.9
Shareholders' Equity	1,297	707.84	718.39	625.28	487.09	302.9
Total Liabilities & Equity	1,772	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	93.21	159.63	276.43	223.03	266.89	40.93
Net Cash (Debt)	452.6	183.66	6.46	-48.73	-109.64	43.85
Net Cash Growth	-	2743.52%	-	-	-	-62.57%
Net Cash Per Share	2.61	1.09	0.04	-0.33	-0.75	0.33
Filing Date Shares Outstanding	190.11	163.8	168.44	167.1	145.75	134.09
Total Common Shares Outstanding	190.11	163.8	168.44	167.1	145.75	134.09
Working Capital	664.86	292.44	288.81	354.79	241.87	132.39
Book Value Per Share	6.82	4.32	4.27	3.74	3.34	2.26
Tangible Book Value	857.85	439.81	403.8	377.38	135.32	130.92
Tangible Book Value Per Share	4.51	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: Aug 13, 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:

Sep 14, 2026

Data Sources Report a data error