DOF Group ASA

DOF Group ASA

128.80
NOK
-1.70
(-1.30%)
19.95EPS
5.74P/E
28.32BMarket Cap
Nov 12Next Earn
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
0.54
0.52
5.97
6.72
7.27
7.6
8.8
Basic EPS, GAAP
-0.39
-0.05
0.56
2.16
0.93
1.9
2.03
Free Cash Flow per Basic Share
0.11
0.05
1.1
0.16
1.45
0.96
0.67
Dividend per Share
- -
- -
0.02
0.02
0.01
0.95
1.35
Book Value per Share
-0.02
-0.05
0.32
5.8
7.2
8.3
8.5
Tangible Book Value per Share
-0.02
-0.05
0.32
5.8
7.19
8.28
8.49
Basic Weighted Avg Shares
158
158
158
168
191
246
246
Sales/Revenue/Turnover
85
82
945
1,129
1,385
1,871
2,167
Operating Margin (%)
17.16
10.62
15.33
19.22
19.42
24.16
27.78
Depreciation Expense
56
19
45
-37
62
195
263
Net Income, GAAP
-62
-8
88
363
178
467
499
Effective Tax Rate (%)
- -
- -
8.57
- -
3.26
7.89
13.97
Profit Margin (%)
-72.52
-9.88
9.34
32.15
12.85
24.96
23.03
Working Capital
-208
-198
-1,636
322
490
480
458
LT Debt
4
3
28
1,319
1,489
1,490
1,533
Total Equity
-2
-8
66
1,034
1,773
2,043
2,094
Return on Invested Capital (%)
- -
- -
21.78
- -
13.56
13.38
14.8
Return on Capital (%)
- -
- -
19.02
- -
9.48
16.08
16.71
Return on Common Equity (%)
- -
- -
- -
67.16
12.72
24.48
25.23

Capital Structure

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
208
159
185
LT Borrowings
1,423
1,476
1,428
LT Finance Leases
67
119
105
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
246
246
246
Market Capitalization
2,331
3,549
2,863

Working Capital

USD

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
1,071
1,006
1,078
Cash, Cash Equivalents & STI
487
328
343
Accounts Receivable, Net
444
517
521
Inventories
25
- -
- -
Total Current Liabilities
591
546
620
Payables & Accruals
- -
- -
- -
ST Debt
208
159
185
Deferred Revenue
- -
- -
- -

Growth Rates

USD

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
185.02%
15.23%
Free Cash Flow
- -
539.64%
-14.8%
Net Income, GAAP
- -
-171.54%
162.36%
Sales/Revenue/Turnover
- -
225.94%
35.09%
Total Cash Common Dividend
- -
- -
23,300%

Quarterly Revenue

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
303
332
340
410
1,385
2025
393
474
- -
540
1,871
2026
475
678
- -
- -
- -

Quarterly Earnings Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
0.03
0.03
0.37
0.43
0.93
2025
0.3
0.55
- -
0.6
1.9
2026
0.28
0.59
- -
- -
- -

Quarterly Dividends Per Share

USD

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
0.01
- -
0.01
2025
- -
0.29
- -
0.37
0.95
2026
0.35
0.35
- -
- -
- -

Company Description

CEO
Mons Svendal Aase
Full Time Employees
5,766
Sector
Energy minerals
Industry
Oil refining/Marketing
Address
Alfabygget Storebo NO Norway 5392
IPO Date
Jun 22, 2023
Website
dof.com
Business
DOF Group ASA owns and operates a fleet of modern offshore and subsea vessels and provides integrated engineering, project management, and marine services primarily to the global offshore energy industry, including oil and gas as well as renewables; core offerings encompass platform supply vessels (PSVs), anchor handling tug supply (AHTS) vessels, construction support vessels (CSVs), subsea construction and installation, inspection maintenance and repair (IMR), light construction, decommissioning, survey and positioning, remotely operated vehicle (ROV) operations, saturation and air diving, remote intervention, floating wind services, and marine vessel management. Founded in 1981 and headquartered in Storebø, Norway, the company maintains main operation centers and business units in Norway, the United Kingdom, the United States, Singapore, Brazil (excluding certain Maersk Supply Service operations), Argentina, Canada, Angola, and Australia, employing approximately 4,000 personnel to serve customers across the offshore energy life-cycle from exploration and development to production support and decommissioning. In late 2024, DOF Group ASA completed the acquisition of Maersk Supply Service A/S (excluding its Brazil operations and Maersk Offshore Wind), adding 22 high-specification vessels comprising eight CSVs, 13 AHTS vessels, and one cable layer to its fleet, expanding total owned vessels to 65, reducing average fleet age to 10.7 years, enhancing geographic presence and scale in oil and gas alongside offshore wind, and strengthening its position as one of the largest listed oil services companies on the Oslo Stock Exchange with a market capitalization of approximately USD 2.3 billion as of the transaction announcement; the deal included a USD 500 million debt facility and a USD 125 million equity raise, with A.P. Moller Holding as a key shareholder, following the company's relisting as DOF Group ASA on Oslo Børs in June 2023 after the prior DOF ASA bankruptcy process.