With more than 100 modern ships and 3 200 highly skilled employees, Solstad is one of the largest and most capable offshore shipping companies.
Our vessels and expertise provide our partners in the offshore energy industry, both renewable and petroleum based, with the operational power, safety and reliablility they need to grow everything but their environmental impact.
The streamlined, globe-spanning company you know today, came from humble beginnings. We’re very proud of our heritage, though by no means are we constrained by it.
1964
Served areaWorldwide
HeadquartersPostboks 13, 4297 Skudeneshavn – Norway
Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 26,068,976,000.00 | 24,937,682,000.00 | 26,019,130,000.00 |
Noncurrent Assets | N/A | 22,200,199,000.00 | 20,865,374,000.00 | 21,257,181,000.00 |
Other Property Plant And Equipment | N/A | 33,265,000.00 | 26,309,000.00 | 28,382,000.00 |
Investments In Associates Accounted For Using Equity Method | N/A | 1,128,000.00 | 1,279,000.00 | 2,323,000.00 |
Investments In Joint Ventures Accounted For Using Equity Method | N/A | 109,904,000.00 | 91,127,000.00 | 156,235,000.00 |
Noncurrent Receivables Due From Related Parties | N/A | 45,961,000.00 | 47,506,000.00 | 55,829,000.00 |
Other Noncurrent Receivables | N/A | 60,195,000.00 | 56,460,000.00 | 57,536,000.00 |
Deferred Tax Assets | N/A | 5,581,000.00 | 14,497,000.00 | 4,351,000.00 |
Other Noncurrent Financial Assets | N/A | 2,991,000.00 | 2,991,000.00 | 2,991,000.00 |
Inventories | N/A | 165,330,000.00 | 173,041,000.00 | 228,197,000.00 |
Trade And Other Current Receivables | N/A | 1,253,639,000.00 | 1,237,839,000.00 | 1,930,628,000.00 |
Current Trade Receivables | N/A | 839,628,000.00 | 816,745,000.00 | 1,232,487,000.00 |
Other Current Receivables | N/A | 414,011,000.00 | 421,094,000.00 | 698,141,000.00 |
Cash and cash equivalents | 1,134,028,000.00 | 2,411,905,000.00 | 2,459,027,000.00 | 2,170,072,000.00 |
Current Assets Other Than Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | 3,841,974,000.00 | 3,885,107,000.00 | 4,349,897,000.00 |
Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 26,803,000.00 | 187,200,000.00 | 412,052,000.00 |
Equity And Liabilities | N/A | 26,068,976,000.00 | 24,937,682,000.00 | 26,019,130,000.00 |
Equity | -3,835,420,000.00 | 4,243,075,000.00 | 3,083,481,000.00 | 1,753,125,000.00 |
Issued Capital | N/A | 74,873,000.00 | 75,609,000.00 | 77,309,000.00 |
Share Premium | N/A | 175,572,000.00 | 176,927,000.00 | 180,387,000.00 |
Treasury Shares | N/A | 0.00 | 0.00 | 0.00 |
Additional Paidin Capital | N/A | 0.00 | 0.00 | 0.00 |
Noncontrolling Interests | N/A | 15,814,000.00 | -4,599,000.00 | -9,387,000.00 |
Liabilities | N/A | 21,825,902,000.00 | 21,854,200,000.00 | 24,266,005,000.00 |
Noncurrent Liabilities | N/A | 17,180,904,000.00 | 17,849,803,000.00 | 20,236,177,000.00 |
Deferred Tax Liabilities | N/A | 0.00 | 0.00 | 0.00 |
Other Noncurrent Financial Liabilities | N/A | 12,869,000.00 | 17,316,000.00 | 12,425,000.00 |
Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 25,015,000.00 | 25,864,000.00 | 20,381,000.00 |
Other Noncurrent Liabilities | N/A | 12,372,000.00 | 1,917,000.00 | 1,046,000.00 |
Longterm Borrowings | N/A | 16,875,360,000.00 | 17,523,945,000.00 | 16,637,362,000.00 |
Current Liabilities | N/A | 4,644,996,000.00 | 4,004,397,000.00 | 4,029,828,000.00 |
Trade And Other Current Payables To Trade Suppliers | N/A | 532,405,000.00 | 552,077,000.00 | 694,564,000.00 |
Current Tax Liabilities Current | N/A | 168,016,000.00 | 176,767,000.00 | 228,409,000.00 |
Other Current Liabilities | N/A | 444,678,000.00 | 362,640,000.00 | 499,053,000.00 |
Line item in (nok) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue From Interest | 6,373,000.00 | 10,295,000.00 | 47,152,000.00 |
Other Income | 181,603,000.00 | 289,327,000.00 | 204,810,000.00 |
Employee Benefits Expense | 2,025,250,000.00 | 2,044,482,000.00 | 2,288,609,000.00 |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 1,895,040,000.00 | 45,049,000.00 | -555,958,000.00 |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 1,895,040,000.00 | 45,049,000.00 | -555,958,000.00 |
Other Expense By Nature | 1,491,671,000.00 | 1,521,986,000.00 | 1,846,600,000.00 |
Profit Loss From Operating Activities | -2,226,427,000.00 | -7,159,000.00 | 1,299,364,000.00 |
Profit Loss Before Tax | 7,250,349,000.00 | -1,110,398,000.00 | -1,013,124,000.00 |
Income Tax Expense Continuing Operations | -3,517,000.00 | 25,664,000.00 | 104,679,000.00 |
Profit (loss) | 7,253,866,000.00 | -1,136,062,000.00 | -1,117,803,000.00 |
Profit Loss Attributable To Owners Of Parent | 7,240,743,000.00 | -1,102,449,000.00 | -1,113,016,000.00 |
Profit Loss Attributable To Noncontrolling Interests | 13,122,000.00 | -33,613,000.00 | -4,788,000.00 |
Line item in (nok) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | 7,253,866,000.00 | -1,136,062,000.00 | -1,117,803,000.00 |
Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 140,113,000.00 | 275,136,000.00 | 938,084,000.00 |
Adjustments For Fair Value Gains Losses | N/A | -170,239,000.00 | 0.00 | 0.00 |
Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | 321,975,000.00 | 95,274,000.00 | -179,919,000.00 |
Cash Flows From Used In Operating Activities | N/A | 775,960,000.00 | 1,383,754,000.00 | 1,445,813,000.00 |
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 1,014,170,000.00 | 290,215,000.00 | 450,268,000.00 |
Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 57,385,000.00 | 72,654,000.00 | 124,912,000.00 |
Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities | N/A | 64,006,000.00 | 820,000.00 | -8,029,000.00 |
Interest Received Classified As Investing Activities | N/A | 6,243,000.00 | 10,295,000.00 | 47,152,000.00 |
Cash Flows From Used In Investing Activities | N/A | 620,270,000.00 | -23,515,000.00 | -123,532,000.00 |
Proceeds From Issuing Shares | N/A | 70,355,000.00 | 0.00 | 0.00 |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | 220,335,000.00 | 213,191,000.00 | 28,246,000.00 |
Cash Flows From Used In Financing Activities | N/A | -158,588,000.00 | -1,319,059,000.00 | -1,647,164,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 40,236,000.00 | 5,942,000.00 | 35,929,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 1,237,642,000.00 | 41,180,000.00 | -324,884,000.00 |
Cash and cash equivalents | 1,134,028,000.00 | 2,411,905,000.00 | 2,459,027,000.00 | 2,170,072,000.00 |
Please note that some sums might not add up.
NO0003080608
LEI5967007LIEEXZXHGO849
SectorOil & Gas Storage & Transportation
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