Solstad Offshore ASA (OSL:SOFF)

Solstad Offshore ASA Balance Sheet

Financials in millions USD. 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	83	74.17	33.63	49.41	220.27	279.12
Short-Term Investments	-	-	-	-	2.13	1.73
Cash & Short-Term Investments	83	74.17	33.63	49.41	222.4	280.84
Cash Growth	39.08%	120.53%	-31.93%	-77.78%	-20.81%	-0.65%
Accounts Receivable	39.31	63.12	66.12	62.33	147.29	102.65
Other Receivables	92.35	31.74	21.71	20.36	26.94	32.48
Receivables	131.66	94.86	87.83	82.69	174.23	135.13
Inventory	2.59	2.44	2.39	2.28	23.16	19.64
Prepaid Expenses	-	0.37	0.06	2.31	14.58	5.37
Other Current Assets	10.1	2.7	5.17	1,367	48.98	21.25
Total Current Assets	227.35	174.54	129.08	1,503	483.35	462.24
Property, Plant & Equipment	540.77	409.28	427.73	404.78	2,129	2,344
Long-Term Investments	295.31	269.7	224.88	18.66	16.4	10.83
Long-Term Deferred Tax Assets	15.22	14.58	-	0.21	0.44	1.65
Other Long-Term Assets	4.52	4.14	3.32	3.17	5.79	6.33
Total Assets	1,090	878.48	790.97	1,936	2,641	2,831

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	-	39.75	26.39	13.68	70.5	62.66
Accrued Expenses	-	19.57	18.88	15.33	29.81	28.29
Current Portion of Long-Term Debt	23.62	24.44	24.38	1,122	249.76	50.69
Current Portion of Leases	96.52	56.23	61.42	193.83	14.93	279.95
Current Income Taxes Payable	-	3.45	2.6	2.44	23.18	20.06
Current Unearned Revenue	-	0.88	-	-	0.37	-
Other Current Liabilities	107.09	13.46	13.01	168.86	20.48	12.87
Total Current Liabilities	227.23	157.78	146.68	1,516	409.04	454.53
Long-Term Debt	87.34	99.6	132.31	62.19	1,689	1,989
Long-Term Leases	297.2	195.85	223.23	177.08	361.85	31.87
Pension & Post-Retirement Benefits	-	-	-	0.51	2.07	2.94
Long-Term Deferred Tax Liabilities	-	-	0.91	-	-	-
Other Long-Term Liabilities	0.18	0.17	0.1	0.21	1.26	1.97
Total Liabilities	611.95	453.4	503.22	1,756	2,463	2,481

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	14.34	14.34	14.34	8.12	7.85	8.58
Additional Paid-In Capital	34.12	46.37	50.51	18.68	18.31	20.08
Retained Earnings	409.19	341.99	202.59	115.96	78.83	214.39
Comprehensive Income & Other	14.71	15.04	14.81	37.43	73.91	107.47
Total Common Equity	472.35	417.74	282.25	180.19	178.9	350.52
Minority Interest	5.49	7.35	5.5	-0.26	-0.95	-0.52
Shareholders' Equity	477.84	425.08	287.74	179.93	177.95	350
Total Liabilities & Equity	1,090	878.48	790.97	1,936	2,641	2,831

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	504.68	376.12	441.34	1,555	2,315	2,352
Net Cash (Debt)	-421.69	-301.95	-407.71	-1,506	-2,093	-2,071
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.12	-3.67	-4.95	-19.23	-27.20	-27.57
Filing Date Shares Outstanding	82.35	82.35	82.35	82.35	77.31	75.61
Total Common Shares Outstanding	82.35	82.35	82.35	82.35	77.31	75.61
Working Capital	0.12	16.76	-17.6	-13.13	74.31	7.71
Book Value Per Share	5.74	5.07	3.43	2.19	2.31	4.64
Tangible Book Value	472.35	417.74	282.25	180.19	178.9	350.52
Tangible Book Value Per Share	5.74	5.07	3.43	2.19	2.31	4.64
Machinery	-	1,438	1,435	1,439	3,055	3,477
Order Backlog	-	933.98	502.51	739.62	649.61	635.64

Data Source: S&P Global Market Intelligence Last updated: Jul 15, 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:

Sep 10, 2026

Data Sources Report a data error