Golden Energy Offshore Services ASA (OSL:GEOS)

OSL:GEOS Balance Sheet

Financials in millions NOK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.36	37.61	41.23	0.96	0.79	0.19
Cash & Short-Term Investments	1.36	37.61	41.23	0.96	0.79	0.19
Cash Growth	-96.70%	-8.77%	4208.26%	20.99%	307.02%	-95.28%
Accounts Receivable	87.67	97.58	59.61	17.58	14.64	3.77
Other Receivables	28.5	10.59	8.91	16.55	11.4	7.68
Receivables	116.17	108.17	68.52	34.13	26.04	11.45
Inventory	5.88	11.06	13.6	2.26	1.71	1.89
Prepaid Expenses	-	36.59	19.62	-	3.61	1.71
Other Current Assets	-0	-	1	-	38.48	39.48
Total Current Assets	123.46	193.43	143.97	37.35	70.64	54.73
Property, Plant & Equipment	1,363	1,373	1,396	527.62	399.95	418.16
Long-Term Investments	0.05	0.05	0.09	0.05	0.03	0.03
Goodwill	18.55	18.55	18.55	-	-	-
Other Long-Term Assets	0.1	0.41	-	-	0	-0
Total Assets	1,505	1,586	1,559	565.02	470.62	472.92
Accounts Payable	117.59	136.67	39.6	75.23	55.76	92.61
Accrued Expenses	-	0.02	0.01	0.01	0.01	0.01
Current Portion of Long-Term Debt	208.62	225.2	220.87	79.29	-	-
Current Portion of Leases	-	-	-	-	240.71	235.91
Current Income Taxes Payable	-	-	-	-	0.15	0.06
Other Current Liabilities	41.24	36.02	23.54	9.74	39.43	4.02
Total Current Liabilities	367.45	397.92	284.02	164.27	336.06	332.61
Long-Term Debt	661.44	750.08	743.29	292.74	57.41	-
Long-Term Leases	0.24	0.36	2.08	-	-	-
Other Long-Term Liabilities	-0	-0	-0	-0	-	-
Total Liabilities	1,029	1,148	1,029	457.01	393.47	332.61
Common Stock	501.69	501.69	501.69	53.77	45.67	45.67
Additional Paid-In Capital	275.59	275.59	275.59	198.49	194.94	194.94
Retained Earnings	-300.5	-339.04	-247.47	-144.25	-163.46	-100.3
Total Common Equity	476.79	438.25	529.81	108.01	77.15	140.31
Minority Interest	-0.86	-0.85	-0.33	-	-	-
Shareholders' Equity	475.93	437.39	529.49	108.01	77.15	140.31
Total Liabilities & Equity	1,505	1,586	1,559	565.02	470.62	472.92
Total Debt	870.29	975.63	966.24	372.03	298.12	235.91
Net Cash (Debt)	-868.93	-938.02	-925.01	-371.07	-297.33	-235.71
Net Cash Per Share	-34.68	-37.58	-120.01	-146.99	-130.20	-111.97
Filing Date Shares Outstanding	24.96	24.96	24.96	2.69	2.28	2.28
Total Common Shares Outstanding	24.96	24.96	24.96	2.69	2.28	2.28
Working Capital	-244	-204.49	-140.05	-126.91	-265.42	-277.88
Book Value Per Share	19.10	17.56	21.22	40.17	33.78	61.44
Tangible Book Value	458.23	419.69	511.26	108.01	77.15	140.31
Tangible Book Value Per Share	18.36	16.81	20.48	40.17	33.78	61.44
Machinery	1,552	1,552	1,552	847.7	-	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.