Solstad Offshore ASA

OB:SOFF Stock Report

Market Cap: NOK 4.2b

Solstad Offshore Past Earnings Performance

Past criteria checks 3/6

Solstad Offshore's earnings have been declining at an average annual rate of -18.3%, while the Energy Services industry saw earnings growing at 59.7% annually. Revenues have been declining at an average rate of 10.4% per year. Solstad Offshore's return on equity is 55.4%, and it has net margins of 78%.

Key information

-18.25%

Earnings growth rate

99.15%

EPS growth rate

Energy Services Industry Growth25.64%
Revenue growth rate-10.44%
Return on equity55.38%
Net Margin77.95%
Next Earnings Update30 Oct 2025

Recent past performance updates

Solstad Offshore's (OB:SOFF) Earnings Might Be Weaker Than You Think

Feb 20
Solstad Offshore's (OB:SOFF) Earnings Might Be Weaker Than You Think

Recent updates

Why We're Not Concerned About Solstad Offshore ASA's (OB:SOFF) Share Price

Jul 02
Why We're Not Concerned About Solstad Offshore ASA's (OB:SOFF) Share Price

Solstad Offshore ASA's (OB:SOFF) CEO Will Probably Have Their Compensation Approved By Shareholders

Apr 17
Solstad Offshore ASA's (OB:SOFF) CEO Will Probably Have Their Compensation Approved By Shareholders

Solstad Offshore's (OB:SOFF) Earnings Might Be Weaker Than You Think

Feb 20
Solstad Offshore's (OB:SOFF) Earnings Might Be Weaker Than You Think

Investors Still Aren't Entirely Convinced By Solstad Offshore ASA's (OB:SOFF) Revenues Despite 27% Price Jump

Nov 24
Investors Still Aren't Entirely Convinced By Solstad Offshore ASA's (OB:SOFF) Revenues Despite 27% Price Jump

Investors Will Want Solstad Offshore's (OB:SOFF) Growth In ROCE To Persist

Nov 23
Investors Will Want Solstad Offshore's (OB:SOFF) Growth In ROCE To Persist

We Think Solstad Offshore (OB:SOFF) Is Taking Some Risk With Its Debt

Sep 06
We Think Solstad Offshore (OB:SOFF) Is Taking Some Risk With Its Debt

We Think Solstad Offshore (OB:SOFF) Might Have The DNA Of A Multi-Bagger

Jun 29
We Think Solstad Offshore (OB:SOFF) Might Have The DNA Of A Multi-Bagger

This Is Why Solstad Offshore ASA's (OB:SOFF) CEO Compensation Looks Appropriate

May 23
This Is Why Solstad Offshore ASA's (OB:SOFF) CEO Compensation Looks Appropriate

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

Revenue & Expenses Breakdown

How Solstad Offshore makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

OB:SOFF Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
30 Jun 25242189350
31 Mar 25232147300
31 Dec 24218112330
30 Sep 24389-3700
30 Jun 24465-13750
31 Mar 245660780
31 Dec 2366228820
30 Sep 2355168360
30 Jun 2352740330
31 Mar 23484-5320
31 Dec 22468-46330
30 Sep 22424-99350
30 Jun 22481-100410
31 Mar 22531-107530
31 Dec 21582-125560
30 Sep 215831,226600
30 Jun 215701,129590
31 Mar 215821,074570
31 Dec 20565844560
30 Sep 20522-585410
30 Jun 20523-553410
31 Mar 20488-467390
31 Dec 19571-356480
30 Sep 19553-561500
30 Jun 19581-633540
31 Mar 19573-677550
31 Dec 18540-677560
30 Sep 18564-462590
30 Jun 18564-347660
31 Mar 18503-86620
31 Dec 17443-38510
30 Sep 17384-85440
30 Jun 17274-21420
31 Mar 17267-160330
31 Dec 16287-100260
30 Sep 16339-91200
30 Jun 16365-12700
31 Mar 16411-12500
31 Dec 15402-17900
30 Sep 15451-7300
30 Jun 15507-2000
31 Mar 15473-3400
31 Dec 145002000
30 Sep 145679100

Quality Earnings: SOFF has a large one-off gain of $47.4M impacting its last 12 months of financial results to 30th June, 2025.

Growing Profit Margin: SOFF became profitable in the past.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOFF has become profitable over the past 5 years, growing earnings by -18.3% per year.

Accelerating Growth: SOFF has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.

Earnings vs Industry: SOFF has become profitable in the last year, making it difficult to compare its past year earnings growth to the Energy Services industry (17.5%).


Return on Equity

High ROE: SOFF's Return on Equity (55.4%) is considered outstanding.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/08/18 16:13
End of Day Share Price 2025/08/15 00:00
Earnings2025/06/30
Annual Earnings2024/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Solstad Offshore ASA is covered by 10 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kristoffer IdenArctic Securities ASA
Salman AlamCarnegie Investment Bank AB
Øyvind MossigeDanske Bank