company background image
SOFF logo

Solstad Offshore OB:SOFF Stock Report

Last Price

kr42.30

Market Cap

kr3.5b

7D

-9.3%

1Y

63.2%

Updated

22 May, 2024

Data

Company Financials +

Solstad Offshore ASA Competitors

Price History & Performance

Summary of all time highs, changes and price drops for Solstad Offshore
Historical stock prices
Current Share Pricekr42.30
52 Week Highkr51.90
52 Week Lowkr16.88
Beta2.71
1 Month Change5.49%
3 Month Change23.83%
1 Year Change63.19%
3 Year Change564.05%
5 Year Change-96.48%
Change since IPO-99.90%

Recent News & Updates

Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) Low P/S

Mar 29
Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) Low P/S

Recent updates

Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) Low P/S

Mar 29
Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) Low P/S

Solstad Offshore ASA (OB:SOFF) Shares Fly 27% But Investors Aren't Buying For Growth

Dec 18
Solstad Offshore ASA (OB:SOFF) Shares Fly 27% But Investors Aren't Buying For Growth

Is Solstad Offshore (OB:SOFF) A Risky Investment?

Oct 06
Is Solstad Offshore (OB:SOFF) A Risky Investment?

Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) 26% Share Price Plunge

Apr 18
Why Investors Shouldn't Be Surprised By Solstad Offshore ASA's (OB:SOFF) 26% Share Price Plunge

Solstad Offshore ASA's (OB:SOFF) 26% Dip In Price Shows Sentiment Is Matching Revenues

Apr 18
Solstad Offshore ASA's (OB:SOFF) 26% Dip In Price Shows Sentiment Is Matching Revenues

Here's Why Solstad Offshore (OB:SOFF) Has A Meaningful Debt Burden

Apr 12
Here's Why Solstad Offshore (OB:SOFF) Has A Meaningful Debt Burden

Solstad Offshore (OB:SOFF) Might Have The Makings Of A Multi-Bagger

Feb 27
Solstad Offshore (OB:SOFF) Might Have The Makings Of A Multi-Bagger

Solstad Offshore (OB:SOFF) Shareholders Will Want The ROCE Trajectory To Continue

Oct 04
Solstad Offshore (OB:SOFF) Shareholders Will Want The ROCE Trajectory To Continue

Is Solstad Offshore (OB:SOFF) Using Debt Sensibly?

Jul 29
Is Solstad Offshore (OB:SOFF) Using Debt Sensibly?

Here's Why Solstad Offshore (OB:SOFF) Has A Meaningful Debt Burden

Apr 05
Here's Why Solstad Offshore (OB:SOFF) Has A Meaningful Debt Burden

Solstad Offshore (OB:SOFF) Strong Profits May Be Masking Some Underlying Issues

Mar 06
Solstad Offshore (OB:SOFF) Strong Profits May Be Masking Some Underlying Issues

If You Had Bought Solstad Offshore (OB:SOFF) Shares A Year Ago You'd Have Earned 677% Returns

Nov 18
If You Had Bought Solstad Offshore (OB:SOFF) Shares A Year Ago You'd Have Earned 677% Returns

Shareholder Returns

SOFFNO Energy ServicesNO Market
7D-9.3%-0.6%-0.2%
1Y63.2%17.2%7.7%

Return vs Industry: SOFF exceeded the Norwegian Energy Services industry which returned 17.2% over the past year.

Return vs Market: SOFF exceeded the Norwegian Market which returned 7.7% over the past year.

Price Volatility

Is SOFF's price volatile compared to industry and market?
SOFF volatility
SOFF Average Weekly Movement7.5%
Energy Services Industry Average Movement5.0%
Market Average Movement4.9%
10% most volatile stocks in NO Market10.4%
10% least volatile stocks in NO Market3.1%

Stable Share Price: SOFF has not had significant price volatility in the past 3 months.

Volatility Over Time: SOFF's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of Norwegian stocks.

About the Company

FoundedEmployeesCEOWebsite
19642,300Lars Solstadwww.solstad.com

Solstad Offshore ASA operates offshore service vessels and maritime services to offshore energy industry. It owns and operates anchor handling tug support vessel and construction service vessels. The company offers subsea construction and renewable energy services, such as geotechnical work, walk to work services, grouting, SURF operations, cable laying and repair, trenching and burial, ROV support, installation of subsea equipment, survey work, IMR operations, node seismic operations, and diving and topside maintenance work.

Solstad Offshore ASA Fundamentals Summary

How do Solstad Offshore's earnings and revenue compare to its market cap?
SOFF fundamental statistics
Market capkr3.48b
Earnings (TTM)kr9.88m
Revenue (TTM)kr6.14b

352.5x

P/E Ratio

0.6x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOFF income statement (TTM)
Revenuekr6.14b
Cost of Revenuekr1.44b
Gross Profitkr4.70b
Other Expenseskr4.69b
Earningskr9.88m

Last Reported Earnings

Mar 31, 2024

Next Earnings Date

Jul 16, 2024

Earnings per share (EPS)0.12
Gross Margin76.56%
Net Profit Margin0.16%
Debt/Equity Ratio63.9%

How did SOFF perform over the long term?

See historical performance and comparison
Simply Wall Street Pty Ltd (ACN 600 056 611), is a Corporate Authorised Representative (Authorised Representative Number: 467183) of Sanlam Private Wealth Pty Ltd (AFSL No. 337927). Any advice contained in this website is general advice only and has been prepared without considering your objectives, financial situation or needs. You should not rely on any advice and/or information contained in this website and before making any investment decision we recommend that you consider whether it is appropriate for your situation and seek appropriate financial, taxation and legal advice. Please read our Financial Services Guide before deciding whether to obtain financial services from us.