Solstad Offsho Total Assets

Latest as of June 2025: Nkr872.46 Million NOK ≈ $91.81 Million USD

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

OL:SOFF Norway Marine Shipping
Market Cap
$796.56 Million
Nkr7.57 Billion NOK
Market Cap Rank
#9535 Global
#72 in Norway
Share Price
Nkr69.70
Change (1 day)
-2.38%
52-Week Range
Nkr40.80 - Nkr73.80
All Time High
Nkr3092.82
About

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