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Solstad Offshore OB:SOFF Stock Report

Last Price

NOK 38.55

Market Cap

NOK 3.2b

7D

1.8%

1Y

-16.8%

Updated

06 May, 2025

Data

Company Financials +

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Solstad Offshore ASA Competitors

Price History & Performance

Summary of share price highs, lows and changes for Solstad Offshore
Historical stock prices
Current Share PriceNOK 38.55
52 Week HighNOK 51.90
52 Week LowNOK 29.96
Beta2.42
1 Month Change16.04%
3 Month Change-4.29%
1 Year Change-16.77%
3 Year Change71.33%
5 Year Change-92.12%
Change since IPO-99.91%

Recent News & Updates

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

Recent updates

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

Shareholder Returns

SOFFNO Energy ServicesNO Market
7D1.8%1.1%1.4%
1Y-16.8%-21.1%-1.1%

Return vs Industry: SOFF exceeded the Norwegian Energy Services industry which returned -20.4% over the past year.

Return vs Market: SOFF underperformed the Norwegian Market which returned -0.7% over the past year.

Price Volatility

Is SOFF's price volatile compared to industry and market?
SOFF volatility
SOFF Average Weekly Movement5.0%
Energy Services Industry Average Movement6.6%
Market Average Movement6.0%
10% most volatile stocks in NO Market12.4%
10% least volatile stocks in NO Market3.6%

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

Volatility Over Time: SOFF's weekly volatility (5%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1964570Lars Solstadwww.solstad.com

Solstad Offshore ASA owns and operates offshore service vessels. It owns and operates construction service vessels and anchor handling tug support vessel and; and provides maritime services to offshore energy industry. The company offers renewable energy services, subsea support operations, node seismic operations, subsea construction activities, support for well stimulation operations, and subsea and mooring installations; and additional services, such as ROVs, tooling, project personnel, and engineering support, as well as engages in oil and gas activities.

Solstad Offshore ASA Fundamentals Summary

How do Solstad Offshore's earnings and revenue compare to its market cap?
SOFF fundamental statistics
Market capNOK 3.17b
Earnings (TTM)NOK 1.27b
Revenue (TTM)NOK 2.48b

2.5x

P/E Ratio

1.3x

P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
SOFF income statement (TTM)
RevenueNOK 2.48b
Cost of RevenueNOK 761.90m
Gross ProfitNOK 1.72b
Other ExpensesNOK 445.98m
EarningsNOK 1.27b

Last Reported Earnings

Dec 31, 2024

Next Earnings Date

May 07, 2025

Earnings per share (EPS)15.45
Gross Margin69.28%
Net Profit Margin51.30%
Debt/Equity Ratio54.4%

How did SOFF perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/05/06 08:34
End of Day Share Price 2025/05/06 00:00
Earnings2024/12/31
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 9 analysts. 1 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