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Golden Energy Offshore Services AS

Golden Energy Offshore Services AS

GEOS · OL · Industrials / Marine Shipping

6.05NOK+0.00 (0.00%)

Price History

Full chart

Market Stats

Previous Close6.05
Open5.80
Day Range5.80 – 6.05
52-Week Range2.52 – 7.93
Volume10.61K
Market Cap462.35M
P/E (TTM)0.00
Forward P/E0.00
EPS-5.06
Dividend Yield61.07%
Beta-0.11
50-Day Avg7.46
200-Day Avg8.64

About

Golden Energy Offshore Services ASA, together with its subsidiaries, owns and operates as a fully integrated shipowner and operator of modern, high-specification offshore service vessels for the global oil and gas service industry in the North Sea, the Caribbean, and internationally. The company also owns, operates, and charters out a fleet of offshore service vessels, including Platform Supply Vessels (PSVs), Multipurpose Support Vessels (MPSVs), Inspection, Maintenance and Repair vessels, and subsea support vessels. Its services include in-house vessel operations, technical management, crewing, quality, health, safety and environmental (QHSE) management, accounting, commercial/chartering services, and new building supervision. The company was incorporated in 2013 and is headquartered in Ålesund, Norway.

Company Details

  • SectorIndustrials
  • IndustryMarine Shipping
  • CEOMr. Per Ivar Fagervoll
  • Employees188
  • HeadquartersSt Olavs Plass 1, Ålesund, Norway, 6002, Norway
  • Websitehttps://www.geoff.no

Leadership

  • Mr. Per Ivar FagervollChief Executive Officer
  • Sarah Weber-LaumannFinancial Controller
  • Marthe ValderhaugFinancial Controller
  • Svein-Terje Brekke FagervollChartering Manager & Operation Officer
  • Vidar SkjongChief Technical Manager

Financials

Income Statement

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Revenue63.50M103.95M89.47M86.84M61.16M110.37M70.05M71.19M141.05M210.09M512.82M358.01M
Growth (%)-+63.69%-13.93%-2.94%-29.57%+80.45%-36.53%+1.63%+98.14%+48.94%+144.10%-30.19%
Cost of Revenue43.20M76.56M76.66M60.36M58.83M95.03M105.53M96.81M141.27M108.60M226.52M384.91M
Gross Profit20.30M27.39M12.81M26.48M2.33M15.34M-35.48M-25.62M-220.00K101.48M286.30M-26.90M
Gross Margin31.97%26.35%14.32%30.49%3.82%13.90%-50.65%-35.98%-0.16%48.30%55.83%-7.51%
Operating Expense2.99M118.34M99.48M8.79M28.99M21.83M109.38M12.11M-71.11M-38.48M147.37M48.26M
Operating Income17.31M-90.95M-86.67M17.68M-26.65M-6.49M-144.86M-37.73M70.89M139.96M138.93M-75.16M
Operating Margin27.26%-87.50%-96.87%20.36%-43.58%-5.88%-206.80%-53.00%50.26%66.62%27.09%-20.99%
EBITDA36.64M56.34M-54.41M32.22M87.84M12.43M-112.27M-27.30M59.29M112.24M112.54M21.33M
EBITDA Margin57.71%54.20%-60.82%37.11%143.62%11.26%-160.28%-38.34%42.03%53.43%21.95%5.96%
Net Income-2.13M-117.61M-100.42M2.22M75.56M-17.20M-156.24M-63.16M-57.89M-8.48M-91.57M-195.45M
Net Income Margin-3.35%-113.15%-112.24%2.55%123.55%-15.58%-223.05%-88.72%-41.04%-4.04%-17.86%-54.59%
Interest Expense22.13M35.39M13.84M14.10M010.10M19.04M17.51M69.65M155.59M128.68M121.17M
Interest Expense % of Total Revenue34.86%34.05%15.47%16.24%0.00%9.15%27.18%24.60%49.38%74.06%25.09%33.84%

Balance Sheet

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Total Assets535.60M407.18M293.81M294.52M272.26M578.87M472.92M470.62M565.02M1.56B1.59B1.46B
Total Liabilities383.20M372.38M222.50M220.99M2.55M292.76M332.61M393.47M457.01M1.03B1.15B1.23B
Total Equity152.40M34.80M71.31M73.53M269.72M286.11M140.31M77.15M108.01M529.49M438.25M232.62M
Cash17.32M7.42M6.55M35.27M15.29M4.12M-235.91M-240.71M-79.29M41.23M36.97M7.72M
Total Debt360.70M343.54M217.26M220.28M-258.18M235.91M298.12M372.03M966.24M--
Net Debt343.38M336.12M210.71M185.01M-15.29M254.07M471.82M538.83M451.31M925.01M938.31M144.41M

Cash Flow

Currency: NOK2014-12-312015-12-312016-12-312017-12-312018-12-312019-12-312020-12-312021-12-312022-12-312023-12-312024-12-312025-12-31
Operating Cash Flow4.55M20.57M1.57M41.68M4.94M36.79M40.65M5.81M-103.86M-105.98M260.32M-9.80M
Investing Cash Flow---2.44M-26.81M-26.81M-74.41M-31.67M-7.28M-7.28M-776.74M-49.83M-
Financing Cash Flow515.23M-16.16M-11.91M-12.97M1.94M26.44M-12.90M-5.22M111.03M923.00M-214.11M-
Capital Expenditure502.47M14.31M2.44M23.00M26.81M74.41M31.67M7.28M7.28M1.02B49.83M75.36M
Free Cash Flow-497.91M6.26M-872.71K41.68M-21.87M-37.61M8.98M5.81M-111.13M-1.12B210.50M-85.16M
FCF to OCF-10933.84%30.45%-55.67%100.00%-442.76%-102.23%22.09%100.00%107.01%1060.00%80.86%869.28%

Earnings

Report DateMay 24, 2018Sep 28, 2018May 31, 2019Sep 30, 2019Jun 30, 2020Sep 30, 2020May 30, 2021Sep 30, 2021Sep 30, 2022Oct 3, 2022Feb 21, 2023Mar 31, 2023Nov 20, 2023Feb 27, 2024Jun 27, 2024Aug 27, 2024Nov 19, 2024Feb 27, 2025May 28, 2025Sep 26, 2025Nov 21, 2025Mar 6, 2026
EPS Estimate0.000.000.000.000.000.000.000.000.000.000.00--8.602.60-0.210.731.540.00----
EPS Actual1.86-0.96-0.980.06-0.64-1.81-1.89-0.65-0.48-0.90-1.17-11.16-0.435.00-0.210.090.83-0.831.54-3.17-0.61-5.56
Surprise------------95.02%92.31%0.00%-87.67%-46.10%-----
Timing------------After-hoursPre-market-Pre-marketAfter-hoursPre-market----

Key Statistics & Ratios

Market Cap462.35M
Enterprise Value591.26M
Trailing P/E0.00
Forward P/E0.00
Price / Sales1.12
Price / Book0.73
EPS-5.06
Book Value9.29
Revenue (TTM)414.61M
Gross Profit (TTM)188.57M
EBITDA93.46M
Profit Margin-17.74%
Operating Margin39.90%
Return on Equity-59.33%
Return on Assets-3.08%
Shares Outstanding70.59M
Shares Float58.40M
Beta-0.11
Dividend Yield61.07%
Dividend Rate4.00
Payout Ratio0.00%

Dividends

20262×
4.00Aug 7, 20264.00Jul 23, 2026

Stock Splits

  • May 21, 20241:20