Solstad Offshore ASA
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
Solstad Offshore ASA (SLOFF) - Total Assets
Latest total assets as of September 2025: $8.55 Billion USD
Based on the latest financial reports, Solstad Offshore ASA (SLOFF) holds total assets worth $8.55 Billion USD as of September 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.
Solstad Offshore ASA - Total Assets Trend (2002–2024)
This chart illustrates how Solstad Offshore ASA’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Solstad Offshore ASA - Asset Composition Analysis
Current Asset Composition (December 2024)
Solstad Offshore ASA's total assets of $8.55 Billion consist of 16.3% current assets and 83.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 4.3% |
| Accounts Receivable | $879.28 Million | 9.8% |
| Inventory | $27.09 Million | 0.3% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2002–2024)
This chart illustrates how Solstad Offshore ASA'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.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Solstad Offshore ASA's current assets represent 16.3% of total assets in 2024, an increase from 15.1% in 2002.
- Cash Position: Cash and equivalents constituted 4.3% of total assets in 2024, down from 11.1% in 2002.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2002.
- Asset Diversification: The largest asset category is accounts receivable at 9.8% of total assets.
Solstad Offshore ASA Competitors by Total Assets
Key competitors of Solstad Offshore ASA based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Costamare Bulkers Holdings Limited
NYSE:CMDB
|
USA | $1.09 Billion |
|
Shenzhen Yan Tian Port Holdings Co Ltd
SHE:000088
|
China | CN¥24.14 Billion |
|
Zhuhai Port Co Ltd
SHE:000507
|
China | CN¥20.23 Billion |
|
Chang Jiang Shipping Group Phoenix Co Ltd
SHE:000520
|
China | CN¥631.24 Million |
|
Beibuwan Port Co Ltd
SHE:000582
|
China | CN¥37.60 Billion |
|
Eusu Holdings
KO:000700
|
Korea | ₩477.98 Billion |
|
Xiamen Port Development Co Ltd
SHE:000905
|
China | CN¥13.50 Billion |
|
Nanjing Shenghang Shipping Co Ltd
SHE:001205
|
China | CN¥4.57 Billion |
Solstad Offshore ASA - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Solstad Offshore ASA generates 0.28x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Excellent ROA - For every $100 in assets, Solstad Offshore ASA generates $ 14.16 in net profit.
Solstad Offshore ASA - 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 | 1.17 | 1.12 | 0.83 |
| Quick Ratio | 1.16 | 1.11 | 0.80 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $268.00 Million | $ 199.00 Million | $ -776.22 Million |
Solstad Offshore ASA - Advanced Valuation Insights
This section examines the relationship between Solstad Offshore ASA'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 | 2.18 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -54.3% |
| Total Assets | $8.98 Billion |
| Market Capitalization | $91.96 Million USD |
Valuation Analysis
Below Book Valuation: The market values Solstad Offshore ASA's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Solstad Offshore ASA's assets decreased by 54.3% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Solstad Offshore ASA (2002–2024)
The table below shows the annual total assets of Solstad Offshore ASA from 2002 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.98 Billion | -54.26% |
| 2023-12-31 | $19.64 Billion | -24.53% |
| 2022-12-31 | $26.02 Billion | +4.34% |
| 2021-12-31 | $24.94 Billion | -4.34% |
| 2020-12-31 | $26.07 Billion | -12.62% |
| 2019-12-31 | $29.83 Billion | -5.64% |
| 2018-12-31 | $31.61 Billion | -12.45% |
| 2017-12-31 | $36.11 Billion | +62.04% |
| 2016-12-31 | $22.28 Billion | +37.25% |
| 2015-12-31 | $16.24 Billion | -8.51% |
| 2014-12-31 | $17.75 Billion | +18.11% |
| 2013-12-31 | $15.03 Billion | +2.16% |
| 2012-12-31 | $14.71 Billion | -7.40% |
| 2011-12-31 | $15.88 Billion | +2.03% |
| 2010-12-31 | $15.57 Billion | +26.90% |
| 2009-12-31 | $12.27 Billion | +20.10% |
| 2008-12-31 | $10.21 Billion | -0.98% |
| 2007-12-31 | $10.31 Billion | +24.37% |
| 2006-12-31 | $8.29 Billion | +17.87% |
| 2005-12-31 | $7.04 Billion | +30.66% |
| 2004-12-31 | $5.38 Billion | +7.74% |
| 2003-12-31 | $5.00 Billion | +8.70% |
| 2002-12-31 | $4.60 Billion | -- |