Golden Energy Offshore Services ASA (OSL:GEOS)

OSL:GEOS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	8.54	37.61	41.23	0.96	0.79	0.19
Cash & Short-Term Investments	8.54	37.61	41.23	0.96	0.79	0.19
Cash Growth	173.15%	-8.77%	4208.26%	20.99%	307.02%	-95.28%
Accounts Receivable	62.41	97.58	59.61	17.58	14.64	3.77
Other Receivables	44.83	10.59	8.91	16.55	11.4	7.68
Receivables	107.24	108.17	68.52	34.13	26.04	11.45
Inventory	11.17	11.06	13.6	2.26	1.71	1.89
Prepaid Expenses	-	36.59	19.62	-	3.61	1.71
Other Current Assets	0	-	1	-	38.48	39.48
Total Current Assets	145.86	193.43	143.97	37.35	70.64	54.73
Property, Plant & Equipment	1,366	1,373	1,396	527.62	399.95	418.16
Long-Term Investments	0.05	0.05	0.09	0.05	0.03	0.03
Goodwill	18.55	18.55	18.55	-	-	-
Other Long-Term Assets	0.41	0.41	-	-	0	-0
Total Assets	1,530	1,586	1,559	565.02	470.62	472.92
Accounts Payable	157.65	136.67	39.6	75.23	55.76	92.61
Accrued Expenses	-	0.02	0.01	0.01	0.01	0.01
Current Portion of Long-Term Debt	124.77	225.2	220.87	79.29	-	-
Current Portion of Leases	-	-	-	-	240.71	235.91
Current Income Taxes Payable	-	-	-	-	0.15	0.06
Other Current Liabilities	48.09	36.02	23.54	9.74	39.43	4.02
Total Current Liabilities	330.5	397.92	284.02	164.27	336.06	332.61
Long-Term Debt	818.62	750.08	743.29	292.74	57.41	-
Long-Term Leases	-	0.36	2.08	-	-	-
Other Long-Term Liabilities	-	-0	-0	-0	-	-
Total Liabilities	1,149	1,148	1,029	457.01	393.47	332.61
Common Stock	501.69	501.69	501.69	53.77	45.67	45.67
Additional Paid-In Capital	275.59	275.59	275.59	198.49	194.94	194.94
Retained Earnings	-395.02	-339.04	-247.47	-144.25	-163.46	-100.3
Total Common Equity	382.27	438.25	529.81	108.01	77.15	140.31
Minority Interest	-1.01	-0.85	-0.33	-	-	-
Shareholders' Equity	381.25	437.39	529.49	108.01	77.15	140.31
Total Liabilities & Equity	1,530	1,586	1,559	565.02	470.62	472.92
Total Debt	943.39	975.63	966.24	372.03	298.12	235.91
Net Cash (Debt)	-934.84	-938.02	-925.01	-371.07	-297.33	-235.71
Net Cash Per Share	-37.57	-37.58	-120.01	-146.99	-130.20	-111.97
Filing Date Shares Outstanding	24.96	24.96	24.96	2.69	2.28	2.28
Total Common Shares Outstanding	24.96	24.96	24.96	2.69	2.28	2.28
Working Capital	-184.65	-204.49	-140.05	-126.91	-265.42	-277.88
Book Value Per Share	15.31	17.56	21.22	40.17	33.78	61.44
Tangible Book Value	363.71	419.69	511.26	108.01	77.15	140.31
Tangible Book Value Per Share	14.57	16.81	20.48	40.17	33.78	61.44
Machinery	1,488	1,552	1,552	847.7	-	-

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.