Solstad Maritime ASA Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	195	177.2	136.28	193.8	237.12
Short-Term Investments	4	3.47	2.22	2.13	1.73
Cash & Short-Term Investments	199	180.67	138.5	195.93	238.85
Cash Growth	-16.68%	30.45%	-29.31%	-17.97%	-
Accounts Receivable	132	111	169.66	153.39	117.03
Other Receivables	41	35.4	25.5	33.64	29.33
Receivables	173	146.41	195.16	187.03	146.36
Inventory	8	9.01	7.67	17.83	15.28
Prepaid Expenses	-	0.47	2.77	6.43	1.53
Other Current Assets	-	15.37	19.1	17.16	21.25
Total Current Assets	380	351.93	363.19	424.38	423.26
Property, Plant & Equipment	1,114	1,108	1,066	1,644	1,850
Long-Term Investments	6	4.23	4.5	0.52	0.48
Long-Term Accounts Receivable	-	170.26	-	-	-
Long-Term Deferred Tax Assets	52	52.23	0.39	0.41	2.17
Other Long-Term Assets	168	0.95	3.4	1.93	1.27
Total Assets	1,720	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	151	135.34	1,094	195.91	35
Current Portion of Leases	5	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	132	42.71	27.78	10	5.95
Total Current Liabilities	288	271.38	1,223	320.24	139.83
Long-Term Debt	610	618.28	-	1,620	2,085
Long-Term Leases	19	18.46	9.91	6.78	8.59
Other Long-Term Liabilities	1	0.07	0.16	1.08	1.51
Total Liabilities	918	909.35	1,234	1,950	2,237
Common Stock	538	8.19	2.5	-	-
Additional Paid-In Capital	-	501.18	200.15	-	-
Comprehensive Income & Other	267	271.72	3.35	125.52	43.25
Total Common Equity	805	781.09	206	125.52	43.25
Minority Interest	-3	-2.93	-3.01	-3.45	-2.73
Shareholders' Equity	802	778.16	202.99	122.07	40.52
Total Liabilities & Equity	1,720	1,688	1,437	2,072	2,277
Total Debt	785	777.05	1,106	1,824	2,130
Net Cash (Debt)	-586	-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	92	80.54	-859.5	104.14	283.43
Book Value Per Share	-	1.68	1.62	0.99	-
Tangible Book Value	805	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	-	845.01	496.91	593.57	-

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