Solstad Maritime ASA Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	124	177.2	136.28	193.8	237.12
Short-Term Investments	4	3.47	2.22	2.13	1.73
Cash & Short-Term Investments	128	180.67	138.5	195.93	238.85
Cash Growth	-7.58%	30.45%	-29.31%	-17.97%	-
Accounts Receivable	88	111	169.66	153.39	117.03
Other Receivables	66	35.4	25.5	33.64	29.33
Receivables	154	146.41	195.16	187.03	146.36
Inventory	8	9.01	7.67	17.83	15.28
Prepaid Expenses	-	0.47	2.77	6.43	1.53
Other Current Assets	-	15.37	19.1	17.16	21.25
Total Current Assets	290	351.93	363.19	424.38	423.26
Property, Plant & Equipment	1,156	1,108	1,066	1,644	1,850
Long-Term Investments	5	4.23	4.5	0.52	0.48
Long-Term Accounts Receivable	-	170.26	-	-	-
Long-Term Deferred Tax Assets	53	52.23	0.39	0.41	2.17
Other Long-Term Assets	161	0.95	3.4	1.93	1.27
Total Assets	1,665	1,688	1,437	2,072	2,277
Accounts Payable	-	22.08	30.19	49.76	46.93
Accrued Expenses	-	30.36	52.33	50.11	38.26
Current Portion of Long-Term Debt	149	135.34	1,094	195.91	35
Current Portion of Leases	7	4.97	2.18	1.19	1.37
Current Income Taxes Payable	-	33.17	15.02	13.28	12.33
Current Unearned Revenue	-	2.75	1.14	-	-
Other Current Liabilities	135	42.71	27.78	10	5.95
Total Current Liabilities	291	271.38	1,223	320.24	139.83
Long-Term Debt	547	618.28	-	1,620	2,085
Long-Term Leases	21	18.46	9.91	6.78	8.59
Pension & Post-Retirement Benefits	-	1.16	1.54	1.55	1.99
Other Long-Term Liabilities	2	0.07	0.16	1.08	1.51
Total Liabilities	861	909.35	1,234	1,950	2,237
Common Stock	468	8.19	2.5	-	-
Additional Paid-In Capital	-	501.18	200.15	-	-
Comprehensive Income & Other	340	271.72	3.35	125.52	43.25
Total Common Equity	808	781.09	206	125.52	43.25
Minority Interest	-4	-2.93	-3.01	-3.45	-2.73
Shareholders' Equity	804	778.16	202.99	122.07	40.52
Total Liabilities & Equity	1,665	1,688	1,437	2,072	2,277
Total Debt	724	777.05	1,106	1,824	2,130
Net Cash (Debt)	-596	-596.38	-967.64	-1,628	-1,891
Net Cash Per Share	-	-1.41	-7.63	-12.83	-
Filing Date Shares Outstanding	-	465.36	126.9	126.9	-
Total Common Shares Outstanding	-	465.36	126.9	126.9	-
Working Capital	-1	80.54	-859.5	104.14	283.43
Book Value Per Share	-	1.68	1.62	0.99	-
Tangible Book Value	808	781.09	206	125.52	43.25
Tangible Book Value Per Share	-	1.68	1.62	0.99	-
Machinery	-	1,082	1,006	1,685	1,889
Order Backlog	-	845.01	496.91	593.57	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.