Solstad Offshore ASA Logo

Solstad Offshore ASA

SOFF.OL

(2.0)
Stock Price

31,92 NOK

-2% ROA

-9.66% ROE

-16.41x PER

Market Cap.

2.697.530.609,00 NOK

82.03% DER

0% Yield

-3.35% NPM

Solstad Offshore ASA Stock Analysis

Solstad Offshore ASA Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

Solstad Offshore ASA Fundamental Stock Analysis
# Analysis Rating
1 ROE

The stock's ROE exceeds expectations (37.34%), revealing strong profitability and efficient use of shareholders' equity, making it an attractive investment opportunity.

2 ROA

The stock's ROA (2.2%) indicates that it's doing well in making money from the things it owns. This makes it a good option to invest and make consistent profits.

3 PBV

The stock's PBV ratio (1.21x) reflects a fair valuation, making it an attractive option for investors seeking balanced opportunities.

4 Revenue Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

5 Net Profit Growth

Throughout the last three years, this company has experienced consistent net profit growth, reflecting a robust financial performance and making it an attractive investment prospect.

6 Assets Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Graham Number

The Graham number analysis indicates that this company's stock price is likely undervalued, raising prospects for a favorable investment opportunity.

8 DER

The company has a high debt to equity ratio (1240%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

9 Dividend Growth

Investors should note the company's stagnant dividend growth over the past three years, indicating limited profitability and potentially diminishing returns.

10 Dividend

The company's lack of dividends in the past three years may concern investors seeking regular income.

11 Buffet Intrinsic Value

The company's stock appears overvalued (-222.695) by Warren Buffett's formula, suggesting a less favorable investment opportunity as its market price exceeds its estimated intrinsic value.

Solstad Offshore ASA Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

Solstad Offshore ASA Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

Solstad Offshore ASA Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

Solstad Offshore ASA Revenue
Year Revenue Growth
2002 1.010.173.000
2003 993.926.000 -1.63%
2004 868.023.000 -14.5%
2005 1.299.662.000 33.21%
2006 1.786.957.000 27.27%
2007 2.107.544.000 15.21%
2008 2.208.880.000 4.59%
2009 2.518.532.000 12.29%
2010 2.613.557.000 3.64%
2011 3.044.104.000 14.14%
2012 3.287.920.000 7.42%
2013 3.495.073.000 5.93%
2014 3.737.349.000 6.48%
2015 3.546.418.000 -5.38%
2016 2.467.574.000 -43.72%
2017 3.626.078.000 31.95%
2018 4.673.356.000 22.41%
2019 5.016.387.000 6.84%
2020 4.844.027.000 -3.56%
2021 5.128.173.000 5.54%
2022 6.295.321.000 18.54%
2023 6.497.900.000 3.12%
2023 6.924.166.000 6.16%
2024 2.985.244.000 -131.95%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

Solstad Offshore ASA Research and Development Expenses
Year Research and Development Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 0 0%
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%
2023 0 0%
2024 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

Solstad Offshore ASA General and Administrative Expenses
Year General and Administrative Expenses Growth
2002 0
2003 0 0%
2004 0 0%
2005 64.729.000 100%
2006 91.005.000 28.87%
2007 97.828.000 6.97%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 71.557.000 100%
2013 68.792.000 -4.02%
2014 65.550.000 -4.95%
2015 74.191.000 11.65%
2016 53.897.000 -37.65%
2017 503.925.000 89.3%
2018 574.751.000 12.32%
2019 503.328.000 -14.19%
2020 583.015.000 13.67%
2021 557.152.000 -4.64%
2022 579.239.000 3.81%
2023 416.860.000 -38.95%
2023 1.059.134.000 60.64%
2024 150.780.000 -602.44%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

Solstad Offshore ASA EBITDA
Year EBITDA Growth
2002 835.931.000
2003 460.333.000 -81.59%
2004 481.751.000 4.45%
2005 633.047.000 23.9%
2006 1.043.272.000 39.32%
2007 1.467.753.000 28.92%
2008 692.279.000 -112.02%
2009 2.490.081.000 72.2%
2010 1.142.420.000 -117.97%
2011 1.082.850.000 -5.5%
2012 1.436.419.000 24.61%
2013 1.367.604.000 -5.03%
2014 1.064.334.000 -28.49%
2015 2.120.823.000 49.82%
2016 2.378.786.000 10.84%
2017 1.001.476.000 -137.53%
2018 2.914.052.000 65.63%
2019 2.168.309.000 -34.39%
2020 2.509.430.000 13.59%
2021 1.238.477.000 -102.62%
2022 453.263.000 -173.24%
2023 3.266.628.000 86.12%
2023 3.055.468.000 -6.91%
2024 1.454.896.000 -110.01%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

Solstad Offshore ASA Gross Profit
Year Gross Profit Growth
2002 719.568.000
2003 692.828.000 -3.86%
2004 590.760.000 -17.28%
2005 1.299.662.000 54.55%
2006 1.786.957.000 27.27%
2007 2.107.544.000 15.21%
2008 2.208.880.000 4.59%
2009 2.518.532.000 12.29%
2010 2.613.557.000 3.64%
2011 3.044.104.000 14.14%
2012 1.750.994.000 -73.85%
2013 2.074.135.000 15.58%
2014 2.242.559.000 7.51%
2015 2.039.060.000 -9.98%
2016 1.261.019.000 -61.7%
2017 1.203.350.000 -4.79%
2018 1.186.623.000 -1.41%
2019 1.734.627.000 31.59%
2020 1.460.432.000 -18.77%
2021 1.819.540.000 19.74%
2022 2.669.763.000 31.85%
2023 2.164.664.000 -23.33%
2023 2.383.672.000 9.19%
2024 824.524.000 -189.1%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

Solstad Offshore ASA Net Profit
Year Net Profit Growth
2002 326.500.000
2003 183.608.000 -77.82%
2004 112.108.000 -63.78%
2005 261.007.000 57.05%
2006 865.958.000 69.86%
2007 680.329.000 -27.29%
2008 26.929.000 -2426.38%
2009 1.037.791.000 97.41%
2010 19.015.000 -5357.75%
2011 -406.577.000 104.68%
2012 376.623.000 207.95%
2013 490.990.000 23.29%
2014 151.652.000 -223.76%
2015 -1.581.108.000 109.59%
2016 -865.554.000 -82.67%
2017 -313.774.000 -175.85%
2018 -5.858.195.000 94.64%
2019 -3.129.294.000 -87.21%
2020 7.240.743.000 143.22%
2021 -1.136.062.000 737.35%
2022 -1.117.803.000 -1.63%
2023 -97.980.000 -1040.85%
2023 400.430.000 124.47%
2024 -1.708.000 23544.38%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

Solstad Offshore ASA Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2002 9.153
2003 4.571 -100.22%
2004 1.935 -136.23%
2005 6.823 71.64%
2006 22.649 69.88%
2007 17.792 -27.3%
2008 1.195 -1390.12%
2009 26.934 95.57%
2010 1.274 -2015.79%
2011 -10.462 112.17%
2012 9.716 207.69%
2013 12.608 22.95%
2014 3.890 -224.11%
2015 -41.384 109.4%
2016 -9.760 -324.05%
2017 -1.598 -511.08%
2018 -20.104 92.06%
2019 -1.275 -1476.78%
2020 29 4496.55%
2021 -15 293.33%
2022 -15 -7.14%
2023 -1 -1300%
2023 6 116.67%
2024 0 0%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

Solstad Offshore ASA Free Cashflow
Year Free Cashflow Growth
2002 -745.383.000
2003 -220.856.000 -237.5%
2004 -284.860.000 22.47%
2005 -680.025.000 58.11%
2006 -472.458.000 -43.93%
2007 -615.948.000 23.3%
2008 1.461.000 42259.34%
2009 337.189.000 99.57%
2010 -2.086.915.000 116.16%
2011 -855.625.000 -143.91%
2012 234.435.000 464.97%
2013 560.627.000 58.18%
2014 -899.669.000 162.31%
2015 636.421.000 241.36%
2016 -2.221.061.000 128.65%
2017 669.782.000 431.61%
2018 1.179.763.000 43.23%
2019 961.596.000 -22.69%
2020 718.575.000 -33.82%
2021 1.311.100.000 45.19%
2022 1.320.901.000 0.74%
2023 1.014.950.000 -30.14%
2023 502.806.000 -101.86%
2024 86.097.001 -484%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

Solstad Offshore ASA Operating Cashflow
Year Operating Cashflow Growth
2002 579.904.000
2003 289.272.000 -100.47%
2004 273.354.000 -5.82%
2005 584.964.000 53.27%
2006 919.161.000 36.36%
2007 1.062.629.000 13.5%
2008 1.109.326.000 4.21%
2009 1.343.746.000 17.45%
2010 1.163.828.000 -15.46%
2011 392.460.000 -196.55%
2012 848.481.000 53.75%
2013 710.710.000 -19.38%
2014 1.514.325.000 53.07%
2015 764.290.000 -98.13%
2016 647.081.000 -18.11%
2017 741.029.000 12.68%
2018 1.245.508.000 40.5%
2019 1.010.067.000 -23.31%
2020 775.960.000 -30.17%
2021 1.383.754.000 43.92%
2022 1.445.813.000 4.29%
2023 1.645.272.000 12.12%
2023 514.555.000 -219.75%
2024 118.339.000 -334.81%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

Solstad Offshore ASA Capital Expenditure
Year Capital Expenditure Growth
2002 1.325.287.000
2003 510.128.000 -159.79%
2004 558.214.000 8.61%
2005 1.264.989.000 55.87%
2006 1.391.619.000 9.1%
2007 1.678.577.000 17.1%
2008 1.107.865.000 -51.51%
2009 1.006.557.000 -10.06%
2010 3.250.743.000 69.04%
2011 1.248.085.000 -160.46%
2012 614.046.000 -103.26%
2013 150.083.000 -309.14%
2014 2.413.994.000 93.78%
2015 127.869.000 -1787.86%
2016 2.868.142.000 95.54%
2017 71.247.000 -3925.63%
2018 65.745.000 -8.37%
2019 48.471.000 -35.64%
2020 57.385.000 15.53%
2021 72.654.000 21.02%
2022 124.912.000 41.84%
2023 630.322.000 80.18%
2023 11.749.000 -5264.9%
2024 32.241.999 63.56%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

Solstad Offshore ASA Equity
Year Equity Growth
2002 1.691.996.000
2003 1.990.968.000 15.02%
2004 1.937.795.000 -2.74%
2005 2.693.791.000 28.06%
2006 3.173.788.000 15.12%
2007 3.717.458.000 14.62%
2008 3.681.690.000 -0.97%
2009 4.630.320.000 20.49%
2010 4.989.443.000 7.2%
2011 4.415.914.000 -12.99%
2012 4.664.512.000 5.33%
2013 4.954.275.000 5.85%
2014 5.057.532.000 2.04%
2015 3.667.575.000 -37.9%
2016 3.455.727.000 -6.13%
2017 4.962.404.000 30.36%
2018 -850.672.000 683.35%
2019 -3.835.421.000 77.82%
2020 4.243.075.000 190.39%
2021 3.083.482.000 -37.61%
2022 1.753.125.000 -75.88%
2023 1.901.616.000 7.81%
2023 1.869.508.000 -1.72%
2024 1.785.244.000 -4.72%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

Solstad Offshore ASA Assets
Year Assets Growth
2002 4.598.068.000
2003 4.998.162.000 8%
2004 5.384.915.000 7.18%
2005 7.036.121.000 23.47%
2006 8.293.720.000 15.16%
2007 10.314.668.000 19.59%
2008 10.213.357.000 -0.99%
2009 12.266.546.000 16.74%
2010 15.566.404.000 21.2%
2011 15.882.888.000 1.99%
2012 14.707.457.000 -7.99%
2013 15.025.133.000 2.11%
2014 17.745.988.000 15.33%
2015 16.236.183.000 -9.3%
2016 22.284.884.000 27.14%
2017 36.110.779.000 38.29%
2018 31.614.599.000 -14.22%
2019 29.833.108.000 -5.97%
2020 26.068.976.000 -14.44%
2021 24.937.682.000 -4.54%
2022 26.019.130.000 4.16%
2023 19.870.226.000 -30.95%
2023 19.535.588.000 -1.71%
2024 8.676.149.000 -125.16%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

Solstad Offshore ASA Liabilities
Year Liabilities Growth
2002 2.688.507.000
2003 3.007.194.000 10.6%
2004 3.155.736.000 4.71%
2005 4.342.330.000 27.33%
2006 5.119.932.000 15.19%
2007 6.597.210.000 22.39%
2008 6.515.733.000 -1.25%
2009 7.636.226.000 14.67%
2010 10.576.961.000 27.8%
2011 11.466.974.000 7.76%
2012 10.042.945.000 -14.18%
2013 10.070.858.000 0.28%
2014 12.688.456.000 20.63%
2015 12.568.608.000 -0.95%
2016 18.829.157.000 33.25%
2017 31.148.375.000 39.55%
2018 32.465.271.000 4.06%
2019 33.668.529.000 3.57%
2020 21.825.901.000 -54.26%
2021 21.854.200.000 0.13%
2022 24.266.005.000 9.94%
2023 17.968.610.000 -35.05%
2023 17.666.080.000 -1.71%
2024 6.890.905.000 -156.37%

Solstad Offshore ASA Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
62.68
Net Income per Share
-2.1
Price to Earning Ratio
-16.41x
Price To Sales Ratio
0.52x
POCF Ratio
1.89
PFCF Ratio
2.02
Price to Book Ratio
1.63
EV to Sales
1.55
EV Over EBITDA
3.45
EV to Operating CashFlow
5.33
EV to FreeCashFlow
5.97
Earnings Yield
-0.06
FreeCashFlow Yield
0.5
Market Cap
2,70 Bil.
Enterprise Value
8,00 Bil.
Graham Number
31.65
Graham NetNet
-67.4

Income Statement Metrics

Net Income per Share
-2.1
Income Quality
-10.78
ROE
-0.1
Return On Assets
-0.02
Return On Capital Employed
0.19
Net Income per EBT
107.92
EBT Per Ebit
-0
Ebit per Revenue
0.26
Effective Tax Rate
-168.86

Margins

Sales, General, & Administrative to Revenue
0.2
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.35
Operating Profit Margin
0.26
Pretax Profit Margin
-0
Net Profit Margin
-0.03

Dividends

Dividend Yield
0
Dividend Yield %
0
Payout Ratio
0
Dividend Per Share
0

Operating Metrics

Operating Cashflow per Share
18.22
Free CashFlow per Share
16.26
Capex to Operating CashFlow
0.11
Capex to Revenue
0.03
Capex to Depreciation
0.18
Return on Invested Capital
71.17
Return on Tangible Assets
-0.02
Days Sales Outstanding
72.17
Days Payables Outstanding
98.89
Days of Inventory on Hand
2.98
Receivables Turnover
5.06
Payables Turnover
3.69
Inventory Turnover
122.4
Capex per Share
1.97

Balance Sheet

Cash per Share
6,82
Book Value per Share
21,68
Tangible Book Value per Share
21.68
Shareholders Equity per Share
21.18
Interest Debt per Share
31.25
Debt to Equity
0.82
Debt to Assets
0.16
Net Debt to EBITDA
2.29
Current Ratio
1.05
Tangible Asset Value
1,79 Bil.
Net Current Asset Value
-5,28 Bil.
Invested Capital
5035796000
Working Capital
0,07 Bil.
Intangibles to Total Assets
0
Average Receivables
0,81 Bil.
Average Payables
0,82 Bil.
Average Inventory
31722500
Debt to Market Cap
0.53

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

Solstad Offshore ASA Dividends
Year Dividends Growth
2000 1
2001 1 0%
2002 2 50%
2003 2 0%
2005 1 -100%
2006 2 50%
2007 4 50%
2008 4 0%
2009 2 -100%
2010 3 0%
2011 2 0%
2012 2 -100%
2013 3 50%
2014 5 60%
2015 4 -66.67%

Solstad Offshore ASA Profile

About Solstad Offshore ASA

Solstad Offshore ASA operates offshore service and construction vessels for offshore and renewable energy industry worldwide. It provides platform supply vessel, anchor handling vessel, subsea construction, and renewable energy services. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, deep sea mining, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work. It operates a fleet of 25 construction service vessels, 26 anchor handling tug support vessels, and 45 platform supply vessels. The company was founded in 1964 and is headquartered in Skudeneshavn, Norway.

CEO
Mr. Lars Peder Solstad
Employee
2.300
Address
Nesavegen 39
Skudeneshavn, 4280

Solstad Offshore ASA Executives & BODs

Solstad Offshore ASA Executives & BODs
# Name Age
1 Mr. Lars Peder Solstad
Chief Executive Officer & MD
70
2 Mr. Tor Johan Tveit
Chief Operating Officer
70
3 Mr. Hans Knut Skar Jr.
Chief Commercial Officer
70
4 Jostein Fjelland
Accounting Manager
70
5 Ms. Olaug Hoines Hillesland
Administration & Communication Director
70
6 Mr. Per Stange
Human Resources Director
70
7 Leif Henning Stave
Controller
70
8 Mr. Kjetil Ramstad
Chief Financial Officer
70

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