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Golden Energy Offshore Services AS

Golden Energy Offshore Services AS

GEOS.OL
Golden Energy Offshore Services ASNO flagOslo Stock Exchange
10.50
NOK
- -
- -
262.11MMarket Cap
Golden Energy Offshore Services AS
GEOS.OL
(Oslo Stock Exchange)

Recent

price

10.50

P/E

ratio

- -

div

yld

- -

ROIC.AI

2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
TTM
FRC
471.35
771.58
664.13
644.58
49.31
63.12
30.23
28.32
55.88
27.26
20.54
14.34
13.59
Revenue per Share
-15.77
-873
-745.44
16.46
60.93
-9.84
-67.42
-25.12
-22.93
-1.1
-3.87
-7.83
-7.8
Basic EPS, GAAP
-3,695.97
46.5
81.94
309.36
-17.63
21.04
17.54
2.31
-43.92
-145.74
8.43
-3.41
-3.42
Free Cash Flow per Basic Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Dividend per Share
1,147.06
1,147.06
2,162.15
2,162.15
20.1
20.26
-23.57
-46.85
-35.84
32.98
20.1
20.1
20.11
Book Value per Share
1,131.29
258.29
529.33
545.79
217.47
163.64
60.54
30.69
42.79
66.29
16.37
8.54
8.54
Tangible Book Value per Share
- -
- -
- -
- -
1
2
2
3
3
8
25
25
25
Basic Weighted Avg Shares
63
104
89
87
61
110
70
71
141
210
513
358
339
Sales/Revenue/Turnover
27.26
16.4
3.73
20.36
-15.79
-2.26
-81.17
-53
-28.44
11.01
26.07
-20.99
-18.7
Operating Margin (%)
17
139
122
16
29
24
113
18
23
33
81
95
95
Depreciation Expense
-2
-118
-100
2
76
-17
-156
-63
-58
-8
-97
-195
-195
Net Income, GAAP
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Effective Tax Rate (%)
-3.35
-113.15
-112.24
2.55
123.55
-15.58
-223.05
-88.72
-41.04
-4.04
-18.85
-54.59
-57.42
Profit Margin (%)
13
-327
-171
-153
46
-30
-278
-265
-127
-140
-215
-339
-339
Working Capital
347
- -
- -
- -
- -
222
- -
57
293
745
750
652
652
LT Debt
152
35
71
74
270
286
140
77
108
529
427
232
232
Total Equity
- -
- -
- -
6.15
-3.43
- -
- -
- -
- -
- -
- -
- -
- -
Return on Invested Capital (%)
- -
- -
- -
3.2
28.17
- -
- -
- -
- -
- -
- -
- -
11.66
Return on Capital (%)
- -
-76.11
-45.05
0.76
47.79
-57
- -
- -
- -
- -
-25.57
-38.96
-38.81
Return on Common Equity (%)

Capital Structure

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
ST Debt
231
125
393
LT Borrowings
- -
- -
- -
LT Finance Leases
721
819
652
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
25
Market Capitalization
482
485
187

Working Capital

FRC

•

in mil. unless spec.
Jun'25
Sep'25
Dec'25
Total Current Assets
149
146
241
Cash, Cash Equivalents & STI
1
9
8
Accounts Receivable, Net
88
62
26
Inventories
8
11
6
Total Current Liabilities
416
331
580
Payables & Accruals
- -
- -
- -
ST Debt
231
125
393
Deferred Revenue
- -
- -
- -

Growth Rates

FRC

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
65.01%
64.02%
-45.76%
Free Cash Flow
-149.52%
-287.75%
-140.45%
Net Income, GAAP
486.64%
197.83%
102.2%
Sales/Revenue/Turnover
26.01%
52.52%
-30.19%
Total Cash Common Dividend
- -
- -
- -

Quarterly Revenue

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
31
46
53
79
210
2024
74
136
130
173
513
2025
111
97
87
44
358

Quarterly Earnings Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
-12.2
9.85
-7.78
1.8
-1.1
2024
-4.15
0.76
0.83
-1.33
-3.87
2025
1.54
-3.17
-0.62
-5.53
-7.83

Quarterly Dividends Per Share

FRC

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2023
- -
- -
- -
- -
- -
2024
- -
- -
- -
- -
- -
2025
- -
- -
- -
- -
- -
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Business
Golden Energy Offshore Services ASA is a Norway-based fully integrated shipowner and operator of modern, high-specification offshore service vessels for the global oil and gas and renewable offshore industries. Founded in 2013 and headquartered in Ålesund, the company owns and charters a fleet that includes platform supply vessels (PSVs) such as Energy Partner, Energy Pace, Energy Passion, and Energy Paradise; multi-purpose support vessels (MPSVs) including Energy Duchess and Energy Empress; and additional vessels like Energy Swan, with operations focused on the North Sea, Caribbean, and international markets serving major oil companies and offshore energy clients. It provides comprehensive services encompassing vessel chartering, technical and commercial management, maintenance, underwater operations, pipe transport, project management, ROV support, and walk-to-work capabilities via recently acquired gangway systems. Recent developments include the USD 95 million sale-and-leaseback refinancing of six vessels with Neptune Maritime Leasing to reduce capital costs by nearly 50%; acquisition of four PSVs and one SSV from Vroon Holding B.V. for USD 94 million; agreements to manage additional vessels Energy Sphynx and Energy Savanah for affiliates of major shareholders; securing of medium-term contracts and extensions for vessels including Energy Swan, Energy Duchess, and others; and strategic partnerships such as with Oaktree for financing and a letter of intent with Gen2 Energy for hydrogen fuel exploration, alongside ambitions to expand the fleet to 15-20 vessels.