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	77.81	177.32	136.28	193.8	237.12
Short-Term Investments	-	3.47	2.22	2.13	1.73
Cash & Short-Term Investments	77.81	180.79	138.5	195.93	238.85
Cash Growth	-56.96%	30.53%	-29.31%	-17.97%	-
Accounts Receivable	104.25	111.08	169.66	153.39	117.03
Other Receivables	20.82	35.43	25.5	33.64	29.33
Receivables	125.07	146.5	195.16	187.03	146.36
Inventory	9.53	9.02	7.67	17.83	15.28
Prepaid Expenses	0.94	0.47	2.77	6.43	1.53
Other Current Assets	41.39	15.38	19.1	17.16	21.25
Total Current Assets	254.74	352.16	363.19	424.38	423.26
Property, Plant & Equipment	1,134	1,109	1,066	1,644	1,850
Long-Term Investments	5.53	4.75	4.5	0.52	0.48
Long-Term Accounts Receivable	155.32	170.37	-	-	-
Long-Term Deferred Tax Assets	76.13	52.27	0.39	0.41	2.17
Other Long-Term Assets	0.97	0.95	3.4	1.93	1.27
Total Assets	1,627	1,689	1,437	2,072	2,277
Accounts Payable	47.12	36.35	30.19	49.76	46.93
Accrued Expenses	35.09	30.38	52.33	50.11	38.26
Current Portion of Long-Term Debt	91.84	135.43	1,094	195.91	35
Current Portion of Leases	7.06	4.98	2.18	1.19	1.37
Current Income Taxes Payable	24.36	33.19	15.02	13.28	12.33
Current Unearned Revenue	1.36	2.76	1.14	-	-
Other Current Liabilities	29.75	28.48	27.78	10	5.95
Total Current Liabilities	236.58	271.56	1,223	320.24	139.83
Long-Term Debt	489.67	618.69	-	1,620	2,085
Long-Term Leases	19.37	18.47	9.91	6.78	8.59
Pension & Post-Retirement Benefits	1.06	1.16	1.54	1.55	1.99
Other Long-Term Liabilities	0.08	0.07	0.16	1.08	1.51
Total Liabilities	746.75	909.95	1,234	1,950	2,237
Common Stock	8.97	8.97	2.5	-	-
Additional Paid-In Capital	443.93	551.33	200.15	-	-
Comprehensive Income & Other	426.96	222.13	3.35	125.52	43.25
Total Common Equity	879.85	782.42	206	125.52	43.25
Minority Interest	-	-3.24	-3.01	-3.45	-2.73
Shareholders' Equity	879.85	779.19	202.99	122.07	40.52
Total Liabilities & Equity	1,627	1,689	1,437	2,072	2,277
Total Debt	607.94	777.56	1,106	1,824	2,130
Net Cash (Debt)	-530.13	-596.77	-967.64	-1,628	-1,891
Net Cash Per Share	-1.14	-1.41	-7.63	-12.83	-
Filing Date Shares Outstanding	465.36	465.36	126.9	126.9	-
Total Common Shares Outstanding	465.36	465.36	126.9	126.9	-
Working Capital	18.17	80.6	-859.5	104.14	283.43
Book Value Per Share	1.89	1.68	1.62	0.99	-
Tangible Book Value	879.85	782.42	206	125.52	43.25
Tangible Book Value Per Share	1.89	1.68	1.62	0.99	-
Machinery	1,115	1,093	1,006	1,685	1,889
Order Backlog	-	-	496.91	593.57	-

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