Solstad Maritime ASA

OB:SOMA Stock Report

Market Cap: NOK 11.5b

Solstad Maritime Past Earnings Performance

Past criteria checks 3/6

Solstad Maritime has been growing earnings at an average annual rate of 56.8%, while the Energy Services industry saw earnings growing at 37.7% annually. Revenues have been growing at an average rate of 6.3% per year. Solstad Maritime's return on equity is 25.2%, and it has net margins of 38.2%.

Key information

56.76%

Earnings growth rate

-19.49%

EPS growth rate

Energy Services Industry Growth25.64%
Revenue growth rate6.31%
Return on equity25.17%
Net Margin38.25%
Next Earnings Update15 Jul 2026

Recent past performance updates

Analysis Article May 15

We Think That There Are Some Issues For Solstad Maritime (OB:SOMA) Beyond Its Promising Earnings

The market for Solstad Maritime ASA's ( OB:SOMA ) stock was strong after it released a healthy earnings report last...
Analysis Article Nov 07

Solstad Maritime's (OB:SOMA) Promising Earnings May Rest On Soft Foundations

Solstad Maritime ASA ( OB:SOMA ) just reported some strong earnings, and the market reacted accordingly with a healthy...

Recent updates

Analysis Article May 15

We Think That There Are Some Issues For Solstad Maritime (OB:SOMA) Beyond Its Promising Earnings

The market for Solstad Maritime ASA's ( OB:SOMA ) stock was strong after it released a healthy earnings report last...
Analysis Article May 12

Earnings Update: Here's Why Analysts Just Lifted Their Solstad Maritime ASA (OB:SOMA) Price Target To kr29.67

The quarterly results for Solstad Maritime ASA ( OB:SOMA ) were released last week, making it a good time to revisit...
New Narrative May 11

Solstad Maritime will see growth with a 15% revenue jump

Investment Memorandum – Solstad Maritime ASA (OSE: SOMA) 1. Executive Summary Solstad Maritime ASA (“Solstad” or the “Company”) is a Norway-based offshore marine services provider focused on high-end vessels supporting oil & gas and renewable energy operations globally.
Analysis Article Jan 28

Why Investors Shouldn't Be Surprised By Solstad Maritime ASA's (OB:SOMA) Low P/E

Solstad Maritime ASA's ( OB:SOMA ) price-to-earnings (or "P/E") ratio of 4.1x might make it look like a strong buy...
Analysis Article Dec 19

Does Solstad Maritime (OB:SOMA) Have A Healthy Balance Sheet?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Nov 07

Solstad Maritime's (OB:SOMA) Promising Earnings May Rest On Soft Foundations

Solstad Maritime ASA ( OB:SOMA ) just reported some strong earnings, and the market reacted accordingly with a healthy...
Analysis Article Aug 25

Solstad Maritime (OB:SOMA) Seems To Use Debt Quite Sensibly

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

Revenue & Expenses Breakdown

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


Earnings and Revenue History

OB:SOMA Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
31 Mar 266142351520
31 Dec 255802131450
30 Sep 255462491520
30 Jun 255482621510
31 Mar 255782291630
31 Dec 245522411450
31 Dec 23486421150
31 Dec 22479-892140
31 Dec 21404-1762150

Quality Earnings: SOMA has high quality earnings.

Growing Profit Margin: SOMA's current net profit margins (38.2%) are lower than last year (39.6%).


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: SOMA's earnings have grown significantly by 56.8% per year over the past 5 years.

Accelerating Growth: SOMA's earnings growth over the past year (2.7%) is below its 5-year average (56.8% per year).

Earnings vs Industry: SOMA earnings growth over the past year (2.7%) did not outperform the Energy Services industry 32%.


Return on Equity

High ROE: SOMA's Return on Equity (25.2%) 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 Analysis2026/06/29 20:01
End of Day Share Price 2026/06/29 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 Maritime ASA is covered by 4 analysts. 4 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jørgen LandeDanske Bank
Kristian AarliDNB Carnegie
Truls OlsenFearnley Securities