Standard Supply AS
STSU.OL
Oslo Stock Exchange32.90
NOK
- -
- -
Standard Supply AS
STSU.OL
(Oslo Stock Exchange)
Recent
price
32.90
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- Standard Supply AS (STSU.OL) is a Norway-based investment company focused on active ownership and investments previously centered on offshore supply vessels and related shipping activities. The company owns and operates platform supply vessels (PSVs), including large-sized vessels such as Standard Supplier, Standard Defender, Standard Duke, and interests in vessels through subsidiaries like Northern Supply AS; it provides time charter and spot market services for PSVs in international waters, generating revenue from charter hire, net gains on vessel sales, and related operating income. Headquartered in Skøyen, Oslo, and founded in 2022 as a subsidiary of S.D. Standard ETC Plc, Standard Supply AS maintains a streamlined structure with wholly owned subsidiaries including Standard Opportunities AS, alongside former vessel-owning entities like Wanax AS and Standard Supplier AS now under liquidation or dissolved. In 2024, the company sold its final PSV, Standard Supplier, on April 3 for net proceeds of USD 22.2 million, recording a net gain of USD 12.8 million and resulting in no owned vessels by year-end; this divestment followed prior sales of Standard Defender, Standard Viking, and Standard Duke in 2023, alongside the dissolution of Northern Supply AS and related entities. The group reported consolidated operating income of USD 14.3 million, EBITDA of negative USD 2.3 million (adjusted for gains), and net profit of USD 11.6 million, with total equity of USD 5.2 million and cash reserves of USD 5.0 million as of December 31, 2024; it distributed NOK 910 million in dividends from 2022-2024 and operated without interest-bearing debt after repaying a revolving credit facility from its majority owner. In June 2025, the company rebranded to StandardCoin AS, announced a strategic shift to become a Bitcoin Reserve Company, and launched a NOK 35 million private placement at NOK 27 per share, backed by pre-commitments from S.D. Standard ETC Plc (NOK 12.5 million), Songa Capital AS, Apollo Asset Limited, Titan Venture AS, and others to fund bitcoin treasury investments.