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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	23.69	20.59	65.29	114.28	179.83	142.52
Short-Term Investments	5.25	0.01	0.01	0.01	0.01	-
Cash & Short-Term Investments	28.94	20.6	65.3	114.29	179.84	142.52
Cash Growth	40.48%	-68.45%	-42.86%	-36.45%	26.19%	-
Accounts Receivable	-	87.85	86.15	46.87	45.86	0.09
Other Receivables	-	5.65	10.35	6.36	8.85	8.08
Receivables	-	93.5	96.5	53.23	54.71	8.17
Inventory	91.04	6.16	5.08	5.33	4.49	-
Other Current Assets	-	-0	-	-	-0	-
Total Current Assets	119.98	120.25	166.88	172.84	239.04	150.68
Property, Plant & Equipment	12.58	13.36	77.91	71.31	52.94	13.2
Goodwill	-	5.84	5.09	8.22	11.35	-
Other Intangible Assets	35.33	42.2	54.58	55.04	59.87	-
Other Long-Term Assets	-	-	-	-	0	0
Total Assets	167.89	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	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	92.24	63.63	51.98	15.18	16.21	2.43
Total Current Liabilities	92.24	110.4	103.94	48.32	63.82	10.86
Long-Term Debt	-	1.16	3.26	2.62	2.43	-
Long-Term Deferred Tax Liabilities	-	2.57	7.66	9.02	10.6	-
Other Long-Term Liabilities	2.54	0	-	11.69	7	0
Total Liabilities	94.77	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	61.23	0.53	0.53	0.53	0.53	0.49
Additional Paid-In Capital	-	214.58	363.49	363.49	363.49	206.95
Retained Earnings	-	-155.92	-189.4	-145.73	-75.68	-44.69
Comprehensive Income & Other	-	-8	-8.03	-10.26	-16.1	-9.73
Total Common Equity	61.23	51.19	166.59	208.03	272.24	153.02
Minority Interest	11.89	16.35	23.02	27.75	7.11	-
Shareholders' Equity	73.12	67.54	189.6	235.77	279.35	153.02
Total Liabilities & Equity	167.89	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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	-	8.49	4.2	2.62	3.34	-
Net Cash (Debt)	28.94	12.11	61.1	111.67	176.5	142.52
Net Cash Growth	139.04%	-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	27.74	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	25.9	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: Nov 5, 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 11, 2026

Data Sources Report a data error