Solstad Offsho Total Assets
Solstad Offsho total assets. Based on the latest financial reports, Solstad Offsho (SOFF) holds total assets worth Nkr872.46 Million NOK (≈ $91.81 Million USD) as of June 2025. Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments. Also see SOFF company net worth for the company's overall valuation and market capitalisation.
Total Assets of Solstad Offsho (2000–2024)
Total assets of Solstad Offsho from 2000 to 2024. This chart illustrates how Solstad Offsho's total assets have evolved over time, based on quarterly financial data. See today's stock price for Solstad Offsho for real-time trading data and today's change.
Solstad Offsho - Asset Composition Analysis
Solstad Offsho Total Assets Breakdown (December 2024)
Solstad Offsho total assets breakdown as of December 2024. Solstad Offsho's total assets of Nkr872.46 Million consist of 16.3% current assets and 83.7% non-current assets.
| Asset Category | Amount (NOK) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Nkr37.26 Million | 4.3% |
| Accounts Receivable | Nkr66.21 Million | 0.7% |
| Inventory | Nkr27.09 Million | 0.3% |
| Property, Plant & Equipment | Nkr474.07 Million | 5.3% |
| Intangible Assets | Nkr0.00 | 0.0% |
| Goodwill | Nkr0.00 | 0.0% |
Asset Composition Trend (2000–2024)
This chart illustrates how Solstad Offsho's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution. Explore working capital to net assets of Solstad Offsho to assess how much short-term liquidity the company maintains relative to its equity base.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Solstad Offsho's current assets represent 16.3% of total assets in 2024, an increase from 0.0% in 2000.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2024, down from 9.2% in 2000.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2000.
- Asset Diversification: The largest asset category is property, plant & equipment at 5.3% of total assets.
Solstad Offsho Competitors by Total Assets
Key competitors of Solstad Offsho based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
HAPAG-LLOYD UNSP.ADR 1/2
F:HLAA
|
Germany | €28.91 Billion |
|
Hainan Strait Shipping Co Ltd
SHE:002320
|
China | CN¥9.81 Billion |
|
Vapores
SN:VAPORES
|
Chile | CL$7.20 Billion |
|
Attica Holdings S.A.
AT:ATTICA
|
Greece | €1.30 Billion |
|
StealthGas Inc
F:S6W
|
Germany | €711.69 Million |
|
HNA Technology Co Ltd B
SHG:900938
|
China | $10.01 Billion |
|
Buana Listya Tama Tbk PT
JK:BULL
|
Indonesia | Rp348.84 Million |
|
Habco Trans Maritima
JK:HATM
|
Indonesia | Rp1.90 Trillion |
Solstad Offsho - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.00 | 1.05 | 0.09 |
| Quick Ratio | 0.99 | 1.03 | 0.09 |
| Cash Ratio | 0.34 | 0.00 | 0.00 |
| Working Capital | Nkr373.00K | Nkr6.53 Million | Nkr-27.79 Billion |
Solstad Offsho - Advanced Valuation Insights
This section examines the relationship between Solstad Offsho's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 1.32 |
| Latest Market Cap to Assets Ratio | 0.09 |
| Asset Growth Rate (YoY) | -54.3% |
| Total Assets | Nkr8.98 Billion |
| Market Capitalization | $796.56 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solstad Offsho's assets below their book value (0.09x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Solstad Offsho's assets decreased by 54.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Solstad Offsho (2000–2024)
The table below shows the annual total assets of Solstad Offsho from 2000 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | Nkr8.98 Billion ≈ $945.15 Million |
-54.26% |
| 2023-12-31 | Nkr19.64 Billion ≈ $2.07 Billion |
-24.53% |
| 2022-12-31 | Nkr26.02 Billion ≈ $2.74 Billion |
+4.34% |
| 2021-12-31 | Nkr24.94 Billion ≈ $2.62 Billion |
-4.34% |
| 2020-12-31 | Nkr26.07 Billion ≈ $2.74 Billion |
-12.62% |
| 2019-12-31 | Nkr29.83 Billion ≈ $3.14 Billion |
-5.64% |
| 2018-12-31 | Nkr31.61 Billion ≈ $3.33 Billion |
-12.45% |
| 2017-12-31 | Nkr36.11 Billion ≈ $3.80 Billion |
+62.04% |
| 2016-12-31 | Nkr22.28 Billion ≈ $2.35 Billion |
+37.26% |
| 2015-12-31 | Nkr16.24 Billion ≈ $1.71 Billion |
-8.51% |
| 2014-12-31 | Nkr17.75 Billion ≈ $1.87 Billion |
+18.11% |
| 2013-12-31 | Nkr15.03 Billion ≈ $1.58 Billion |
+2.16% |
| 2012-12-31 | Nkr14.71 Billion ≈ $1.55 Billion |
-7.40% |
| 2011-12-31 | Nkr15.88 Billion ≈ $1.67 Billion |
+2.03% |
| 2010-12-31 | Nkr15.57 Billion ≈ $1.64 Billion |
+26.90% |
| 2009-12-31 | Nkr12.27 Billion ≈ $1.29 Billion |
+20.10% |
| 2008-12-31 | Nkr10.21 Billion ≈ $1.07 Billion |
-0.98% |
| 2007-12-31 | Nkr10.31 Billion ≈ $1.09 Billion |
+24.37% |
| 2006-12-31 | Nkr8.29 Billion ≈ $872.74 Million |
+17.87% |
| 2005-12-31 | Nkr7.04 Billion ≈ $740.40 Million |
+30.66% |
| 2004-12-31 | Nkr5.38 Billion ≈ $566.65 Million |
+7.74% |
| 2003-12-31 | Nkr5.00 Billion ≈ $525.95 Million |
+8.70% |
| 2002-12-31 | Nkr4.60 Billion ≈ $483.85 Million |
+31.16% |
| 2001-12-31 | Nkr3.51 Billion ≈ $368.91 Million |
+48.84% |
| 2000-12-31 | Nkr2.36 Billion ≈ $247.85 Million |
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About Solstad Offsho
Solstad Offshore ASA owns and operates offshore service vessels. It owns and operates construction service vessels and anchor handling tug support vessel and; and provides maritime services to offshore energy industry. The company offers renewable energy services, subsea support operations, node seismic operations, subsea construction activities, support for well stimulation operations, and subse… Read more