Golden Energy Offshore Services ASA (OSL:GEOS)

Norway · Delayed Price · Currency is NOK

6.80

+0.25 (3.82%)

Sep 2, 2026, 4:19 PM CET

OSL:GEOS Financials Overview

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

Millions NOK. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	414.61	358.02	512.9	210.09	141.05	71.19
Revenue Growth	-24.61%	-30.20%	144.14%	48.94%	98.14%	1.63%
Gross Profit	188.57	103.62	291.4	101.48	24.25	-7.41
Operating Income	13.16	-75.16	133.78	23.13	-40.11	-37.73
Net Income	-73.54	-195.45	-96.66	-8.48	-57.89	-63.16
Earnings Per Share	-1.54	-7.83	-3.87	-1.10	-23.00	-27.66
EPS Growth	-	-	-	-	-	-

Revenue by Geography

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Unallocated	11.74	0.14	1	-	-
North Sea	273.33	381.63	142.83	106.05	71.19
Caribbean	-	65.34	66.25	20	-
Other areas	65.79	40.67	-	-	-
Total	350.86	487.78	210.09	141.05	71.19

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Investments	340.24	14.52	37.61	41.23	0.96	0.79
Total Debt	447.38	1,045	977.93	966.24	372.03	298.12
Net Cash (Debt)	-107.14	-1,031	-940.31	-925.01	-371.07	-297.33
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.24	-41.30	-37.67	-120.01	-146.99	-130.20

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Cash Flow	-196.63	-24.31	260.32	-105.98	-103.59	5.81
Capital Expenditures	-63.97	-60.94	-49.83	-1,017	-7.28	-
Free Cash Flow	-260.6	-85.25	210.49	-1,123	-110.86	5.81
Free Cash Flow Growth	-	-	-	-	-	-35.27%

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Gross Margin	45.48%	28.94%	56.81%	48.30%	17.19%	-10.41%
Operating Margin	3.17%	-20.99%	26.08%	11.01%	-28.44%	-53.00%
Pretax Margin	-17.56%	-54.40%	-18.95%	-4.06%	-41.04%	-88.52%
Profit Margin	-17.74%	-54.59%	-18.84%	-4.04%	-41.04%	-88.72%
FCF Margin	-62.85%	-23.81%	41.04%	-534.73%	-78.60%	8.17%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 2, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
P/FCF Ratio	-	-	2.32	-	-	5.89
PS Ratio	1.16	1.36	0.95	3.37	0.48	0.48