Solstad Offshore ASA (OSL:SOFF)
Norway flag Norway · Delayed Price · Currency is NOK
68.90
-0.80 (-1.15%)
Nov 13, 2026, 4:25 PM CET

Solstad Offshore ASA Financials Overview

Millions USD. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
362.05290.05257.88663.72465.18582.09
Revenue Growth
45.05%12.48%-61.15%42.68%-20.08%3.00%
Gross Profit
184.65157.65139.52488.37298.46319.25
Operating Income
91.8989.8943.86167.9763.2115.59
Net Income
181.4139.4115.1939.49-112.97-125.14
Earnings Per Share
-1.691.400.50-1.47-1.67
EPS Growth
-21.01%177.38%---

Revenue by Segment

Fiscal Year
FY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '24 Dec '23 Dec '22 Dec '21
Other
2.5612.242.68--
Construction Service Vessels (CSV)
-147.69--223.32
Anchor Handling Tug Supply Vessels (AHTS)
46.2241.26196.65148.46137.29
Unallocated IFRS 16
78.8860.79---
Construction Support Vessels Operating Subsea Construction Contracts (CSV) (Inc. Renewable)
162.7-488.91--
Total
290.35261.98688.24485582.09

Cash & Debt

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
15174.1733.6349.41222.4280.84
Total Debt
483376.12441.341,5552,3152,352
Net Cash (Debt)
-332-301.95-407.71-1,506-2,093-2,071
Net Cash Growth
------
Net Cash Per Share
--3.67-4.95-19.23-27.20-27.57

Cash Flow & CapEx

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
184.81147.81120.91263.86146.75157.07
Capital Expenditures
-13.69-7.69-7.6-62.16-62.21-36.87
Free Cash Flow
171.12140.12113.31201.784.54120.19
Free Cash Flow Growth
-23.66%-43.82%138.58%-29.66%230.43%

Margins

Fiscal Year
TTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
51.00%54.35%54.10%73.58%64.16%54.85%
Operating Margin
25.38%30.99%17.01%25.31%13.59%2.68%
Pretax Margin
46.04%43.33%47.60%5.13%-7.50%-21.65%
Profit Margin
50.10%48.06%44.67%5.95%-24.29%-21.50%
FCF Margin
47.27%48.31%43.94%30.39%18.17%20.65%

Valuation

Fiscal Year
CurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingNov '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
PE Ratio
3.262.542.527.61--
Forward PE
5.322.651.967.010.830.83
P/FCF Ratio
3.462.522.561.493.280.39
PS Ratio
1.631.221.130.450.600.08