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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 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	96	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	96	77.81	180.79	138.5	195.93	238.85
Cash Growth	-51.76%	-56.96%	30.53%	-29.31%	-17.97%	-
Accounts Receivable	96	104.25	111.08	169.66	153.39	117.03
Other Receivables	96	20.82	35.43	25.5	33.64	29.33
Receivables	192	125.07	146.5	195.16	187.03	146.36
Inventory	10	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	24	41.39	15.38	19.1	17.16	21.25
Total Current Assets	322	254.74	352.16	363.19	424.38	423.26
Property, Plant & Equipment	1,121	1,134	1,109	1,066	1,644	1,850
Long-Term Investments	5	5.53	4.75	4.5	0.52	0.48
Long-Term Accounts Receivable	-	155.32	170.37	-	-	-
Long-Term Deferred Tax Assets	81	76.13	52.27	0.39	0.41	2.17
Other Long-Term Assets	154	0.97	0.95	3.4	1.93	1.27
Total Assets	1,683	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	104	91.84	135.43	1,094	195.91	35
Current Portion of Leases	7	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	128	29.75	28.48	27.78	10	5.95
Total Current Liabilities	239	236.58	271.56	1,223	320.24	139.83
Long-Term Debt	490	489.67	618.69	-	1,620	2,085
Long-Term Leases	18	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	3	0.08	0.07	0.16	1.08	1.51
Total Liabilities	750	746.75	909.95	1,234	1,950	2,237
Common Stock	438	8.97	8.97	2.5	-	-
Additional Paid-In Capital	-	443.93	551.33	200.15	-	-
Comprehensive Income & Other	495	426.96	222.13	3.35	125.52	43.25
Total Common Equity	933	879.85	782.42	206	125.52	43.25
Minority Interest	-	-	-3.24	-3.01	-3.45	-2.73
Shareholders' Equity	933	879.85	779.19	202.99	122.07	40.52
Total Liabilities & Equity	1,683	1,627	1,689	1,437	2,072	2,277
Total Debt	619	607.94	777.56	1,106	1,824	2,130
Net Cash (Debt)	-523	-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	83	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	933	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	-	1,091	842.99	496.91	593.57	-

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