profit from every NOK 100 of sales.

Solstad Offshore
Trading in the middle of its range for the past year.
The essentials
Four questions every investor asks, answered in one line each.
more sales each year, on average, 2022 to 2025.
You pay NOK 4.25 for every NOK 1 of profit it makes in a year.
of earnings would pay off all its debt.
Money in, money out
What Solstad Offshore sold, what it kept, and what it did with the cash.
Sales went from $468 million in 2022 to $290 million in 2025, with $139 million of profit last year.
Solstad Offshore handed back 3% of the cash it generated last year.
Solstad Offshore vs. similar companies
Solstad Offshore grows the slowest of these 5 and is the cheapest for its profits.
| Company | Profit from NOK 100 of sales | Sales growth a year | Price per NOK 1 of profit |
|---|---|---|---|
Solstad Offshore | 4.3× · Cheap | ||
SLB | 22.6× · Fair price | ||
Baker Hughes | 19.0× · Fair price | ||
Tenaris | 16.0× · Fair price | ||
Halliburton | 21.8× · Fair price |
AI analysis
An AI analyst reads Solstad Offshore's last five years, its segments, earnings, insiders and peers, and writes the bull case, the bear case and what the price expects.
Run the AI analysisFull statementsIncome, balance sheet and cash flow, year by year
Income statement
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 468 | 662 | 259 | 290 | |
| 218 | 397 | 74 | 122 | |
| 64 | 167 | 44 | 90 | |
| 153 | 282 | 208 | 209 | |
| -114 | 39 | 115 | 139 | |
| -1.12 | 0.38 | 1.40 | 1.69 | |
| 46.7% | 59.9% | 28.7% | 42.0% | |
| 13.6% | 25.3% | 16.9% | 31.0% | |
| -24.3% | 5.9% | 44.4% | 48.0% |
Balance sheet
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| Total assets | 2,655 | 1,930 | 791 | 878 |
| Cash | 221 | 49 | 34 | 74 |
| Total debt | 2,327 | 1,550 | 441 | 376 |
| Total liabilities | 2,476 | 1,751 | 503 | 453 |
| 180 | 179 | 282 | 418 | |
| 101 | 103 | 82 | 82 | |
| 2.3% | 9.0% | 19.0% | 15.9% | |
| -63.1% | 21.9% | 40.8% | 33.4% |
Cash flow
| In millions of USD | 2022 | 2023 | 2024 | 2025 |
|---|---|---|---|---|
| 148 | 263 | 121 | 148 | |
| 13 | 10 | 1 | 3 | |
| 135 | 253 | 120 | 145 | |
| Dividends paid | – | – | – | 4 |
| – | – | – | – | |
| – | – | – | – |
Valuation
- 4.3×
- –
- –
- 2.0×
- 2.0×
- 4.1×
- 4.3×
- 24.5%
- 23.5%
- 0.7%
Profitability
- 42.0%
- 31.0%
- 48.0%
- –
- 15.9%
- 11.5%
- –
- –
- –
- –
Growth
- −14.7%
- –
- –
- –
- −6.7%
Financial health
- 1.4×
- 0.90
- –
- 4.5×
- 1.11
- –
- –
How it ranks in Energy
Each dot is where the company stands among every company over $300M in the sector. Further right is better.
How safe it looks
3.0% of its profit
Room to growStretchedMore than it earns: 2.8%
News
No recent news on file.
Insider trades
Our insider feed has not updated since May 26, 2026. Trades filed after that are not listed yet.
No insider trades on file.
The seven classic investing rulebooks
4/7Passes 4 of 7. Each bar is how well the company fits that investor's published rules, from 0 to 100; 60 or more counts as a pass.
Questions about Solstad Offshore
Is Solstad Offshore a good stock to buy?
A strong, very profitable business, and the price looks low. 4 of the 7 famous investors' published rulebooks we apply pass it. Whether it suits you depends on your goals and the price you pay; invest-like never tells anyone to buy or sell. The AI analysis lays out the case for and against. Read the Solstad Offshore AI analysis
What does Solstad Offshore do?
Solstad Offshore ASA owns and operates offshore service vessels. The company owns and operates construction service vessels and anchor handling tug supply vessel and; and provides maritime services to offshore energy industry. It is in Oil & Gas Equipment & Services, based in Skudeneshavn, Norway, with 904 employees.
Does Solstad Offshore pay a dividend?
Yes. At today's price the dividend is 0.7% a year, about 3% of its yearly profit. In 2025 it paid out NOK 4.14 million in dividends.
Is Solstad Offshore stock halal?
No. Solstad Offshore does not pass our halal screen: its debt is 64% of its market value, at or above the 33% limit. How we check
How has Solstad Offshore stock done over the past year?
Up 60.6% over the past twelve months, to NOK 68.90. It traded between NOK 42.35 and NOK 73.80 and is 6.6% below its high.
Who are Solstad Offshore's competitors?
The largest listed companies in the same industry are SLB, Baker Hughes, Tenaris and Halliburton. The peers table on this page compares their profit, growth and price with Solstad Offshore's.
Prices: daily closes to Nov 13, 2026. Fundamentals: company reports via invest-like data.



