Solstad Offshore
A company providing specialized offshore tonnage to the global energy markets.
- Energy
| Date | Investors | Amount | Round |
|---|---|---|---|
| N/A | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
| investor | €0.0 | round | |
* | N/A | N/A Valuation: NOK11.0b | IPO |
| Total Funding | 000k | ||
| NOK | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|---|---|---|
| Revenues | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % growth | - | (11 %) | 47 % | (63 %) | 91 % | (27 %) | - |
| EBITDA | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % EBITDA margin | 24 % | 20 % | 39 % | 68 % | 28 % | 44 % | 47 % |
| Profit | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| % profit margin | (21 %) | (24 %) | 6 % | 51 % | 27 % | 41 % | 44 % |
| EV | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
| EV / revenue | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| EV / EBITDA | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x | 00.0x |
| R&D budget | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 | 0000 |
Source: Company filings or news article, Equity research estimates
Solstad Offshore ASA is a prominent player in the offshore shipping industry, boasting a fleet of 100 modern vessels and employing approximately 3,500 highly skilled individuals globally. The company operates in the offshore oil and gas sector, as well as the renewable energy market, providing a range of services including platform supply, anchor handling, and subsea construction. Solstad's business model revolves around long-term contracts with major oil companies and renewable energy firms, ensuring a steady revenue stream. The company is committed to sustainability, integrating green technologies and practices into its operations to minimize environmental impact. Solstad generates income through charter agreements, project-based contracts, and strategic alliances, such as the Windstaller Alliance, which focuses on offshore renewables. The company serves a diverse client base, including multinational energy corporations and emerging renewable energy companies, positioning itself as a versatile and reliable partner in the maritime industry.
Keywords: offshore shipping, oil and gas, renewable energy, platform supply, anchor handling, subsea construction, sustainability, green technology, charter agreements, Windstaller Alliance.
