Solstad Offshore ASA Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Cash & Equivalents	83	74.17	33.63	49.25	222.08	278.87
Short-Term Investments	-	-	-	-	2.15	1.72
Cash & Short-Term Investments	83	74.17	33.63	49.25	224.23	280.59
Cash Growth	39.08%	120.53%	-31.71%	-78.03%	-20.09%	0.02%
Accounts Receivable	39.31	63.12	66.12	62.13	148.87	92.62
Other Receivables	92.35	34.81	21.77	22.6	48.71	47.75
Total Trade Receivables	131.66	97.93	87.88	84.73	197.57	140.38
Inventory	2.59	2.44	2.39	2.27	23.35	19.62
Other Current Assets	10.1	-	5.17	1,362	42.17	21.23
Total Current Assets	217.25	174.54	123.9	136.26	445.15	440.59
Net Property, Plant & Equipment	421.61	409.28	427.73	403.5	2,147	2,342
Other Intangible Assets	-	-	-	-	0.45	1.65
Long-Term Investments	295.31	275.94	230.84	24.81	16.53	10.82
Other Long-Term Assets	26.37	18.72	3.32	3.37	11.6	11.79
Total Assets	1,090	878.48	790.97	1,930	2,663	2,828
Accounts Payable	-	39.75	26.39	13.64	71.08	62.61
Accrued Expenses	-	23.02	21.47	17.72	23.37	20.05
Current Portion of Long-Term Debt	23.62	24.44	24.38	1,119	251.82	50.65
Current Portion of Leases	96.52	56.23	61.42	193.22	15.06	279.69
Unearned Revenue	-	0.88	-	-	0.37	-
Other Current Liabilities	107.09	13.46	13.01	168.33	50.7	41.13
Total Current Liabilities	227.23	157.78	146.68	1,366	412.4	454.12
Long-Term Debt	87.34	99.6	132.31	61.99	1,703	1,987
Long-Term Leases	297.2	195.85	223.23	176.52	364.83	31.84
Other Long-Term Liabilities	0.18	0.17	1.01	0.72	3.46	2.18
Total Long-Term Liabilities	384.72	295.62	356.55	239.23	2,071	2,024
Total Liabilities	611.95	453.39	503.22	1,751	2,483	2,478
Common Stock	-	14.34	14.34	14.34	7.91	8.57
Additional Paid-in Capital	-	46.37	50.51	50.51	18.46	20.06
Retained Earnings	423.9	357.02	217.4	114.58	307.03	643.13
Total Common Shareholders' Equity	423.9	417.74	282.25	179.42	333.41	671.77
Minority Interest	5.49	7.35	5.5	-0.06	-0.96	-0.52
Shareholders' Equity	477.84	425.08	287.74	179.36	179.41	349.68
Total Liabilities & Equity	1,090	878.48	790.97	1,930	2,663	2,828
Total Debt	504.68	376.12	441.34	1,550	2,334	2,349
Net Cash (Debt)	-421.69	-301.95	-407.71	-1,501	-2,110	-2,069
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-5.12	-3.67	-4.95	-19.17	-27.43	-27.55
Book Value	423.9	417.74	282.25	179.42	333.41	671.77
Book Value Per Share	5.15	5.07	3.43	2.29	4.33	8.94
Tangible Book Value	423.9	417.74	282.25	179.42	332.96	670.12
Tangible Book Value Per Share	5.15	5.07	3.43	2.29	4.33	8.92