Solstad Maritime ASA

Solstad Maritime ASA

2.59
EUR
0.00
(0.00%)
0.24EPS
8.97P/E
1.01BMarket Cap
Nov 04Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
- -
0.1
0.07
0.95
1.19
1.25
0.39
Basic EPS, GAAP
- -
-0.04
-0.02
0.13
0.52
0.46
0.28
Free Cash Flow per Basic Share
- -
0.01
0.01
0.4
0.48
0.36
0.14
Dividend per Share
- -
- -
- -
0.03
0.05
0.23
0.12
Book Value per Share
-0.11
0.01
0.03
0.44
1.68
1.89
2.05
Tangible Book Value per Share
-0.11
0.01
0.03
0.44
1.68
1.89
2.05
Basic Weighted Avg Shares
465
465
465
465
465
465
465
Sales/Revenue/Turnover
- -
46
34
442
552
580
180
Operating Margin (%)
- -
-15.92
9.02
29.13
37.78
34.42
76.13
Depreciation Expense
- -
15
4
-2
21
79
44
Net Income, GAAP
- -
-20
-9
61
241
213
129
Effective Tax Rate (%)
- -
- -
- -
11.78
- -
- -
- -
Profit Margin (%)
- -
-43.49
-26.9
13.85
43.64
36.7
71.78
Working Capital
22
32
11
-857
81
18
155
LT Debt
310
237
167
10
637
509
566
Total Equity
-50
5
13
202
779
880
952
Return on Invested Capital (%)
- -
- -
- -
21.37
- -
- -
- -
Return on Capital (%)
- -
- -
- -
22.31
- -
- -
- -
Return on Common Equity (%)
- -
- -
-102.86
56.08
48.76
25.62
- -

Capital Structure

USD

•

in mil. unless spec.
Jun'25
Jun'26
ST Debt
142
100
LT Borrowings
546
541
LT Finance Leases
23
25
Preferred Equity and Hybrid Capital
- -
- -
Shares Outstanding
465
465
Market Capitalization
1,119
1,159

Working Capital

USD

•

in mil. unless spec.
Jun'25
Jun'26
Total Current Assets
302
379
Cash, Cash Equivalents & STI
102
154
Accounts Receivable, Net
100
102
Inventories
9
12
Total Current Liabilities
285
223
Payables & Accruals
- -
- -
ST Debt
142
100
Deferred Revenue
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
375.42%
12.92%
Free Cash Flow
- -
- -
-25.22%
Net Income, GAAP
- -
- -
-11.57%
Sales/Revenue/Turnover
- -
- -
5.16%
Total Cash Common Dividend
- -
- -
410.17%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
552
2025
145
- -
- -
- -
580
2026
180
- -
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
0.06
- -
- -
0.52
2025
0.1
0.09
- -
- -
0.46
2026
0.15
0.13
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
0.05
2025
0.05
0.08
- -
- -
0.23
2026
0.03
0.09
- -
- -
- -

Company Description

CEO
Lars Peder Solstad
Full Time Employees
1,363
Sector
Transportation
Industry
Marine shipping
Address
Skudeneshavn Norway
IPO Date
May 16, 2025
Business
Solstad Maritime ASA is a Norway-based offshore shipping and maritime services company that owns and operates a high-specification fleet of offshore support and subsea construction vessels serving the global oil, gas, and offshore renewable energy industries. The company provides specialized marine assets and offshore solutions, comprising Construction Support Vessels (CSVs) equipped with heavy-lift active heave-compensated cranes, large deck capacities, and moonpools for subsea infrastructure installation, inspection, maintenance, and repair (IMR) campaigns, SURF (subsea umbilicals, risers, and flowlines) laying, and offshore wind farm deployment; Anchor Handling Tug Supply (AHTS) vessels engineered for deepwater mooring, rig mobilization, towing, and specialized anchor handling operations; integrated remotely operated vehicle (ROV) and survey support services for underwater interventions; and comprehensive commercial chartering, ship management, and marine logistics solutions. Solstad Maritime ASA operates globally across major offshore energy basins, including the North Sea, Brazil and Latin America, West Africa, North America, and the Asia-Pacific region. Headquartered in Skudeneshavn, Norway, the company was established in January 2024 through the corporate restructuring and refinancing of the Solstad Group, with underlying maritime heritage tracing back to 1964. Solstad Maritime maintains strong industrial backing through Solstad Offshore ASA and Aker Capital. In major recent developments, Solstad Maritime completed a direct public listing on the Euronext Oslo Børs under the ticker symbol SOMA in May 2025, following its establishment and initial NOK 4 billion equity recapitalization. In December 2025, the company successfully amended and restated its core senior credit facilities, extending loan maturity to January 2029 and lowering annual debt amortization schedules to enhance balance sheet flexibility. Additionally, the company has expanded its multi-year charter backlog with global energy operators and tier-one EPCI contractors, extended its subsea operations alliance with Omega Subsea, and accelerated fleet decarbonization initiatives through the deployment of battery-hybrid energy storage systems across select vessels.