Solstad Maritime ASA Balance Sheet

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
Cash & Equivalents	78	177.2	136.28	193.8	237.12
Short-Term Investments	-	3.47	2.22	2.13	1.73
Cash & Short-Term Investments	78	180.67	138.5	195.93	238.85
Cash Growth	-56.83%	30.45%	-29.31%	-17.97%	-
Accounts Receivable	71	111	169.66	153.39	117.03
Other Receivables	78	35.4	25.5	33.64	29.33
Receivables	149	146.41	195.16	187.03	146.36
Inventory	10	9.01	7.67	17.83	15.28
Prepaid Expenses	-	0.47	2.77	6.43	1.53
Other Current Assets	23	15.37	19.1	17.16	21.25
Total Current Assets	260	351.93	363.19	424.38	423.26
Property, Plant & Equipment	1,133	1,108	1,066	1,644	1,850
Long-Term Investments	5	4.23	4.5	0.52	0.48
Long-Term Accounts Receivable	-	170.26	-	-	-
Long-Term Deferred Tax Assets	72	52.23	0.39	0.41	2.17
Other Long-Term Assets	157	0.95	3.4	1.93	1.27
Total Assets	1,627	1,688	1,437	2,072	2,277
Accounts Payable	-	22.08	30.19	49.76	46.93
Accrued Expenses	-	30.36	52.33	50.11	38.26
Current Portion of Long-Term Debt	92	135.34	1,094	195.91	35
Current Portion of Leases	7	4.97	2.18	1.19	1.37
Current Income Taxes Payable	-	33.17	15.02	13.28	12.33
Current Unearned Revenue	-	2.75	1.14	-	-
Other Current Liabilities	138	42.71	27.78	10	5.95
Total Current Liabilities	237	271.38	1,223	320.24	139.83
Long-Term Debt	490	618.28	-	1,620	2,085
Long-Term Leases	19	18.46	9.91	6.78	8.59
Pension & Post-Retirement Benefits	-	1.16	1.54	1.55	1.99
Other Long-Term Liabilities	1	0.07	0.16	1.08	1.51
Total Liabilities	747	909.35	1,234	1,950	2,237
Common Stock	453	8.19	2.5	-	-
Additional Paid-In Capital	-	501.18	200.15	-	-
Comprehensive Income & Other	427	271.72	3.35	125.52	43.25
Total Common Equity	880	781.09	206	125.52	43.25
Minority Interest	-	-2.93	-3.01	-3.45	-2.73
Shareholders' Equity	880	778.16	202.99	122.07	40.52
Total Liabilities & Equity	1,627	1,688	1,437	2,072	2,277
Total Debt	608	777.05	1,106	1,824	2,130
Net Cash (Debt)	-530	-596.38	-967.64	-1,628	-1,891
Net Cash Per Share	-	-1.41	-7.63	-12.83	-
Filing Date Shares Outstanding	-	465.36	126.9	126.9	-
Total Common Shares Outstanding	-	465.36	126.9	126.9	-
Working Capital	23	80.54	-859.5	104.14	283.43
Book Value Per Share	-	1.68	1.62	0.99	-
Tangible Book Value	880	781.09	206	125.52	43.25
Tangible Book Value Per Share	-	1.68	1.62	0.99	-
Machinery	-	1,082	1,006	1,685	1,889
Order Backlog	1,091	845.01	496.91	593.57	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.