Solstad Offshore ASA

OB:SOFF Stock Report

Market Cap: NOK 5.0b

Solstad Offshore Past Earnings Performance

Past criteria checks 4/6

Solstad Offshore's earnings have been declining at an average annual rate of -48.1%, while the Energy Services industry saw earnings growing at 38.9% annually. Revenues have been declining at an average rate of 14.4% per year. Solstad Offshore's return on equity is 32.6%, and it has net margins of 47%.

Key information

-48.08%

Earnings growth rate

-57.30%

EPS growth rate

Energy Services Industry Growth25.64%
Revenue growth rate-14.42%
Return on equity32.57%
Net Margin47.03%
Next Earnings Update15 Jul 2026

Recent past performance updates

Analysis Article May 14

Solstad Offshore's (OB:SOFF) Problems Go Beyond Weak Profit

Solstad Offshore ASA's ( OB:SOFF ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests...
Analysis Article Nov 07

Solstad Offshore's (OB:SOFF) Shareholders May Want To Dig Deeper Than Statutory Profit

Solstad Offshore ASA's ( OB:SOFF ) robust recent earnings didn't do much to move the stock. We believe that...

Recent updates

Analysis Article May 14

Solstad Offshore's (OB:SOFF) Problems Go Beyond Weak Profit

Solstad Offshore ASA's ( OB:SOFF ) recent weak earnings report didn't cause a big stock movement. Our analysis suggests...
New Narrative Mar 30

Multiyear Offshore Contracts And Tight Vessel Supply Will Support Stable Outlook

Catalysts About Solstad Offshore Solstad Offshore operates a fleet of offshore vessels serving subsea, anchor handling and project related work, with a strong presence in Brazil and Asia Pacific. What are the underlying business or industry changes driving this perspective?
Analysis Article Nov 07

Solstad Offshore's (OB:SOFF) Shareholders May Want To Dig Deeper Than Statutory Profit

Solstad Offshore ASA's ( OB:SOFF ) robust recent earnings didn't do much to move the stock. We believe that...
Analysis Article Oct 15

Returns Are Gaining Momentum At Solstad Offshore (OB:SOFF)

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article Jul 02

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

Solstad Offshore ASA's ( OB:SOFF ) price-to-sales (or "P/S") ratio of 1.5x may not look like an appealing investment...
Analysis Article Apr 17

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

Key Insights Solstad Offshore to hold its Annual General Meeting on 23rd of April Total pay for CEO Lars Solstad...
Analysis Article Feb 20

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

Investors appear disappointed with Solstad Offshore ASA's ( OB:SOFF ) recent earnings, despite the decent statutory...
Analysis Article Nov 24

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

Those holding Solstad Offshore ASA ( OB:SOFF ) shares would be relieved that the share price has rebounded 27% in the...
Analysis Article Nov 23

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

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Sep 06

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

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' So it seems the smart money knows that...
Analysis Article Jun 29

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

What trends should we look for it we want to identify stocks that can multiply in value over the long term? In a...
Analysis Article May 23

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

Key Insights Solstad Offshore to hold its Annual General Meeting on 30th of May CEO Lars Solstad's total compensation...
Analysis Article Mar 29

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

When you see that almost half of the companies in the Energy Services industry in Norway have price-to-sales ratios (or...
Analysis Article Dec 18

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

Solstad Offshore ASA ( OB:SOFF ) shares have continued their recent momentum with a 27% gain in the last month alone...
Analysis Article Oct 06

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

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article Apr 18

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

To the annoyance of some shareholders, Solstad Offshore ASA ( OB:SOFF ) shares are down a considerable 26% in the last...
Analysis Article Apr 18

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

Unfortunately for some shareholders, the Solstad Offshore ASA ( OB:SOFF ) share price has dived 26% in the last thirty...
Analysis Article Apr 12

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

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Feb 27

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

Did you know there are some financial metrics that can provide clues of a potential multi-bagger? Amongst other things...
Analysis Article Oct 04

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

What are the early trends we should look for to identify a stock that could multiply in value over the long term...
Analysis Article Jul 29

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

The external fund manager backed by Berkshire Hathaway's Charlie Munger, Li Lu, makes no bones about it when he says...
Analysis Article Apr 05

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

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...

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
31 Mar 26307144170
31 Dec 25290139160
30 Sep 25271163370
30 Jun 25276137120
31 Mar 25254143100
31 Dec 24258115170
30 Sep 24389-3700
30 Jun 2445329770
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

Quality Earnings: SOFF has high quality earnings.

Growing Profit Margin: SOFF's current net profit margins (47%) are lower than last year (56.2%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOFF has become profitable over the past 5 years, growing earnings by -48.1% per year.

Accelerating Growth: SOFF's earnings growth over the past year (1.2%) exceeds its 5-year average (-48.1% per year).

Earnings vs Industry: SOFF earnings growth over the past year (1.2%) did not outperform the Energy Services industry 19.3%.


Return on Equity

High ROE: SOFF's Return on Equity (32.6%) is considered high.


Return on Assets


Return on Capital Employed


Discover strong past performing companies

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/22 00:13
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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 7 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Salman AlamCarnegie Investment Bank AB
Øyvind MossigeDanske Bank
Aleksander ErstadDNB Carnegie