Solstad Offshore ASA (OSL:SOFF)
57.00
-0.40 (-0.70%)
At close: Mar 13, 2026
Solstad Offshore ASA Income Statement
Financials in millions USD. Fiscal year is January - December.
Millions USD. Fiscal year is Jan - Dec.
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 |
Operating Revenue | 290 | 218.3 | 663.72 | 465.18 | 582.09 |
| 290 | 218.3 | 663.72 | 465.18 | 582.09 | |
Revenue Growth (YoY) | 32.84% | -67.11% | 42.68% | -20.08% | 3.00% |
Cost of Revenue | 125 | 67.06 | 175.35 | 166.72 | 262.84 |
Gross Profit | 165 | 151.24 | 488.37 | 298.46 | 319.25 |
Selling, General & Admin | 24 | 32.78 | 81.99 | 32.84 | 56.09 |
Other Operating Expenses | - | 3.68 | 147.87 | 121 | 134.84 |
Operating Expenses | 76 | 108.47 | 320.4 | 235.25 | 303.66 |
Operating Income | 89 | 42.77 | 167.97 | 63.21 | 15.59 |
Interest Expense | -36 | -50.16 | -166 | -107.92 | -113.91 |
Interest & Investment Income | 3 | 6.96 | 13.08 | 4.8 | 1.25 |
Earnings From Equity Investments | 64 | 60.8 | 1.49 | 2.15 | 0.04 |
Currency Exchange Gain (Loss) | -2 | 16.06 | -3.11 | -53.78 | -31.29 |
Other Non Operating Income (Expenses) | 3 | -6.7 | -1.16 | -2.15 | -0.89 |
EBT Excluding Unusual Items | 121 | 69.72 | 12.27 | -93.69 | -129.2 |
Gain (Loss) on Sale of Investments | - | 0.08 | - | -0.01 | 0.56 |
Gain (Loss) on Sale of Assets | - | 2.74 | 51.04 | -0.88 | -11.32 |
Asset Writedown | 4 | 46.52 | -29.29 | 59.3 | -5.11 |
Other Unusual Items | - | - | - | 0.4 | 19.04 |
Pretax Income | 125 | 119.07 | 34.02 | -34.88 | -126.04 |
Income Tax Expense | -16 | 4.29 | 5.59 | 9.95 | 2.91 |
Earnings From Continuing Operations | 141 | 114.78 | 28.43 | -44.83 | -128.95 |
Earnings From Discontinued Operations | - | - | 11.37 | -67.61 | - |
Net Income to Company | 141 | 114.78 | 39.8 | -112.44 | -128.95 |
Minority Interest in Earnings | - | -2.79 | -0.31 | -0.53 | 3.82 |
Net Income | 141 | 111.98 | 39.49 | -112.97 | -125.14 |
Net Income to Common | 141 | 111.98 | 39.49 | -112.97 | -125.14 |
Net Income Growth | 25.91% | 183.58% | - | - | - |
Shares Outstanding (Basic) | - | 82 | 78 | 77 | 75 |
Shares Outstanding (Diluted) | - | 82 | 78 | 77 | 75 |
Shares Change (YoY) | - | 5.17% | 1.78% | 2.43% | 0.31% |
EPS (Basic) | - | 1.36 | 0.50 | -1.47 | -1.67 |
EPS (Diluted) | - | 1.36 | 0.50 | -1.47 | -1.67 |
EPS Growth | - | 169.65% | - | - | - |
Free Cash Flow | 141 | 80.04 | 201.7 | 84.54 | 120.19 |
Free Cash Flow Per Share | - | 0.97 | 2.58 | 1.10 | 1.60 |
Dividend Per Share | 0.100 | - | - | - | - |
Gross Margin | 56.90% | 69.28% | 73.58% | 64.16% | 54.85% |
Operating Margin | 30.69% | 19.59% | 25.31% | 13.59% | 2.68% |
Profit Margin | 48.62% | 51.30% | 5.95% | -24.29% | -21.50% |
Free Cash Flow Margin | 48.62% | 36.67% | 30.39% | 18.17% | 20.65% |
EBITDA | 136 | 51.07 | 276.77 | 164.37 | 148.56 |
EBITDA Margin | 46.90% | 23.40% | 41.70% | 35.34% | 25.52% |
D&A For EBITDA | 47 | 8.31 | 108.8 | 101.16 | 132.97 |
EBIT | 89 | 42.77 | 167.97 | 63.21 | 15.59 |
EBIT Margin | 30.69% | 19.59% | 25.31% | 13.59% | 2.68% |
Effective Tax Rate | - | 3.60% | 16.42% | - | - |
Revenue as Reported | 290 | 245.64 | 688.24 | 485 | 614.93 |
Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.