Golden Energy Offshore Services ASA

Golden Energy Offshore Services ASA

OOSL:GEOS
6.30
NOK
+0.10
(+1.61%)
727.05MMarket Cap
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
471.35
771.58
664.13
644.58
49.31
63.12
30.23
28.32
55.88
27.26
20.54
14.34
- -
Basic EPS, GAAP
-15.77
-873
-745.44
16.46
60.93
-9.84
-67.42
-25.12
-22.93
-1.1
-3.87
-7.83
- -
Free Cash Flow per Basic Share
-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
- -
Dividend per Share
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Book Value per Share
113.13
25.83
52.93
54.58
196.59
146.77
55.81
30.69
36.49
21.22
17.15
9.32
9.29
Tangible Book Value per Share
113.13
25.83
52.93
54.58
196.59
146.77
55.81
30.69
36.49
20.48
16.41
8.58
9.03
Basic Weighted Avg Shares
- -
- -
- -
- -
1
2
2
3
3
8
25
25
36
Sales/Revenue/Turnover
63
104
89
87
61
110
70
71
141
210
513
358
- -
Operating Margin (%)
27.26
16.4
3.73
20.36
-15.79
-2.26
-81.17
-53
-28.44
11.01
26.07
-20.99
- -
Depreciation Expense
17
139
122
16
29
24
113
18
23
33
81
95
- -
Net Income, GAAP
-2
-118
-100
2
76
-17
-156
-63
-58
-8
-97
-195
- -
Effective Tax Rate (%)
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
- -
Profit Margin (%)
-3.35
-113.15
-112.24
2.55
123.55
-15.58
-223.05
-88.72
-41.04
-4.04
-18.85
-54.59
- -
Working Capital
13
-327
-171
-153
46
-30
-278
-265
-127
-140
-215
-339
274
LT Debt
347
- -
- -
- -
- -
222
- -
57
293
745
750
652
390
Total Equity
152
35
71
74
270
286
140
77
108
529
427
232
655
Return on Invested Capital (%)
- -
- -
- -
6.15
-9.46
- -
- -
- -
- -
- -
- -
- -
- -
Return on Capital (%)
- -
- -
- -
5.6
26.82
- -
- -
- -
- -
- -
- -
- -
- -
Return on Common Equity (%)
- -
-125.65
-189.29
3.06
44.03
-6.19
-73.28
-58.09
-62.53
-2.66
-20.18
-59.17
- -

Capital Structure

NOK

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
ST Debt
125
393
57
LT Borrowings
- -
- -
- -
LT Finance Leases
819
652
390
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
25
25
71
Market Capitalization
487
187
727

Working Capital

NOK

•

in mil. unless spec.
Sep'25
Dec'25
Jun'26
Total Current Assets
146
241
407
Cash, Cash Equivalents & STI
9
8
333
Accounts Receivable, Net
62
26
43
Inventories
11
6
6
Total Current Liabilities
331
580
133
Payables & Accruals
- -
- -
- -
ST Debt
125
393
57
Deferred Revenue
- -
- -
- -

Growth Rates

NOK

•

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
- -
- -
- -

Semi-annual Revenue

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
513
2025
- -
- -
358
2026
- -
- -
- -

Semi-annual Earnings Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
-3.87
2025
- -
- -
-7.83
2026
- -
- -
- -

Semi-annual Dividends Per Share

NOK

•

in mil. unless spec.

Year

H1
H2
FY
2024
- -
- -
- -
2025
- -
- -
- -
2026
- -
- -
- -

Company Description

CEO
Per Ivar Fagervoll
Full Time Employees
175
Sector
Transportation
Industry
Marine shipping
Address
St Olavs Plass 1 Ålesund MR Norway 6002
IPO Date
Apr 5, 2018
Website
geoff.no
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.