Ocean GeoLoop AS (OSL:OCEAN)

Ocean GeoLoop AS 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	38.28	20.59	65.29	114.28	179.83	142.52
Short-Term Investments	-	0.01	0.01	0.01	0.01	-
Cash & Short-Term Investments	38.28	20.6	65.3	114.29	179.84	142.52
Cash Growth	9.81%	-68.45%	-42.86%	-36.45%	26.19%	-
Accounts Receivable	92.12	87.85	86.15	46.87	45.86	0.09
Other Receivables	-	5.65	10.35	6.36	8.85	8.08
Receivables	92.12	93.5	96.5	53.23	54.71	8.17
Inventory	5.39	6.16	5.08	5.33	4.49	-
Other Current Assets	-	-0	-	-	-0	-
Total Current Assets	135.79	120.25	166.88	172.84	239.04	150.68
Property, Plant & Equipment	12.8	13.36	77.91	71.31	52.94	13.2
Goodwill	3.3	5.84	5.09	8.22	11.35	-
Other Intangible Assets	35.43	42.2	54.58	55.04	59.87	-
Other Long-Term Assets	-	-	-	-	0	0
Total Assets	187.31	181.66	304.45	307.41	363.2	163.88

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	105.25	34.41	39.77	23.69	39.91	7.68
Accrued Expenses	-	5.03	11.24	9.44	6.79	0.76
Short-Term Debt	-	7.33	0.94	-	-	-
Current Portion of Long-Term Debt	-	-	-	-	0.91	-
Current Income Taxes Payable	-	-	-	0.01	0	-
Other Current Liabilities	-	63.63	51.98	15.18	16.21	2.43
Total Current Liabilities	105.25	110.4	103.94	48.32	63.82	10.86
Long-Term Debt	0.99	1.16	3.26	2.62	2.43	-
Long-Term Deferred Tax Liabilities	1.95	2.57	7.66	9.02	10.6	-
Other Long-Term Liabilities	-0	0	-	11.69	7	0
Total Liabilities	108.18	114.13	114.85	71.64	83.85	10.86

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	3.02	0.53	0.53	0.53	0.53	0.49
Additional Paid-In Capital	261.84	214.58	363.49	363.49	363.49	206.95
Retained Earnings	-186.11	-155.92	-189.4	-145.73	-75.68	-44.69
Comprehensive Income & Other	-12.94	-8	-8.03	-10.26	-16.1	-9.73
Total Common Equity	65.82	51.19	166.59	208.03	272.24	153.02
Minority Interest	13.31	16.35	23.02	27.75	7.11	-
Shareholders' Equity	79.13	67.54	189.6	235.77	279.35	153.02
Total Liabilities & Equity	187.31	181.66	304.45	307.41	363.2	163.88

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	0.99	8.49	4.2	2.62	3.34	-
Net Cash (Debt)	37.29	12.11	61.1	111.67	176.5	142.52
Net Cash Growth	17.51%	-80.19%	-45.29%	-36.73%	23.84%	-
Net Cash Per Share	-	0.23	1.16	2.12	3.35	-
Filing Date Shares Outstanding	-	52.72	52.72	52.72	52.72	-
Total Common Shares Outstanding	-	52.72	52.72	52.72	52.72	-
Working Capital	30.54	9.86	62.95	124.52	175.22	139.82
Book Value Per Share	-	0.97	3.16	3.95	5.16	-
Tangible Book Value	27.09	3.14	106.92	144.77	201.02	153.02
Tangible Book Value Per Share	-	0.06	2.03	2.75	3.81	-
Machinery	-	37.75	86.09	74.32	33.47	14.51
Construction In Progress	-	10.52	13.93	9.63	21.29	-

Data Source: S&P Global Market Intelligence Last updated: Sep 3, 2026

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

Update frequency:

Semi-annually

Last checked:

Sep 15, 2026

Data Sources Report a data error