Bloomberg the Company & Products

Bloomberg Anywhere Login

Bloomberg

Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world.

Company

Financial Products

Enterprise Products

Media

Customer Support

  • Americas

    +1 212 318 2000

  • Europe, Middle East, & Africa

    +44 20 7330 7500

  • Asia Pacific

    +65 6212 1000

Communications

Industry Products

Media Services

Follow Us


Last 48.60 NOK
Change Today +0.20 / 0.41%
Volume 11.0
SOFF On Other Exchanges
Symbol
Exchange
Stuttgart
As of 3:58 AM 05/5/15 All times are local (Market data is delayed by at least 15 minutes).

solstad offshore asa (SOFF) Snapshot

Open
48.60 NOK
Previous Close
48.40 NOK
Day High
48.60 NOK
Day Low
48.60 NOK
52 Week High
05/16/14 - 111.50 NOK
52 Week Low
03/27/15 - 45.00 NOK
Market Cap
1.9B
Average Volume 10 Days
7.2K
EPS TTM
5.96 NOK
Shares Outstanding
38.7M
EX-Date
05/19/15
P/E TM
8.2x
Dividend
3.50 NOK
Dividend Yield
10.29%
Current Stock Chart for SOLSTAD OFFSHORE ASA (SOFF)

Related News

No related news articles were found.

solstad offshore asa (SOFF) Related Businessweek News

No Related Businessweek News Found

solstad offshore asa (SOFF) Details

Solstad Offshore ASA operates offshore service and construction vessels for offshore petroleum industry worldwide. The company operates in three segments: Anchor-Handling Vessels, Platform Supply Vessels, and Construction Service Vessels. It offers anchor-handling vessels delivering services related to rig moves, and anchoring of rigs and other devices at sea; platform supply vessels that deliver services relating to the transportation of material to offshore installations; and construction service vessels delivering services relating to the development of sub sea and floating installations. The company operates a fleet of 50 wholly owned and jointly owned vessels, including 20 construction service vessels, 21 anchor handling vessels, and 9 platform supply vessels. Solstad Offshore ASA was founded in 1964 and is headquartered in Skudeneshavn, Norway.

1,800 Employees
Last Reported Date: 04/27/15
Founded in 1964

solstad offshore asa (SOFF) Top Compensated Officers

Chief Executive Officer and Managing Director
Total Annual Compensation: 2.2M NOK
Deputy Managing Director
Total Annual Compensation: 1.9M NOK
Compensation as of Fiscal Year 2013.

solstad offshore asa (SOFF) Key Developments

Solstad Offshore ASA Proposes Dividend for the Year 2014, Payable on June 10, 2015; Announces Audited Consolidated and Parent Company Earnings Results for the Full Year Ended December 31, 2014

The Solstad Offshore ASA's Board will propose to the annual general meeting on 18 May 2015, that a dividend of NOK 3.50 per share is paid for 2014. Payment will be made on 10 June 2015. The company announced audited consolidated and parent company earnings results for the full year ended December 31, 2014. For the year, on consolidated basis, the company reported total operating income of NOK 3,880,173,000 compared to NOK 3,626,139,000 a year ago. Operating profit was NOK 1,251,552,000 compared to NOK 1,122,918,000 a year ago. Ordinary profit before taxes was NOK 144,709,000 compared to NOK 541,178,000 a year ago. Net profit for year was NOK 113,354,000 compared to NOK 484,769,000 a year ago. Net profit attributable to majority shares was NOK 151,652,000 compared to NOK 490,990,000 a year ago. Earnings and diluted earnings per share were NOK 3.94 compared to NOK 12.77 a year ago. Net cash flow from operations was NOK 1,514,325,000 compared to NOK 710,710,000 a year ago. For the year, on parent basis, the company reported total operating income of NOK 2,091,000 compared to NOK 1,949,000 a year ago. Operating loss was NOK 19,850,000 compared to NOK 13,677,000 a year ago. Ordinary profit before taxes was NOK 236,072,000 compared to NOK 308,799,000 a year ago. Net profit for year was NOK 234,186,000 compared to NOK 256,402,000 a year ago. Net cash flow from operations was NOK 290,993,000 compared to NOK 422,180,000 a year ago.

Solstad Offshore ASA Reports Earnings Results for the Fourth Quarter and Full Year Ended December 31, 2014; Proposes Dividend for 2014

Solstad Offshore ASA reported earnings results for the fourth quarter and full year ended December 31, 2014. For the quarter, net freight income was NOK 987,763,000 against NOK 895,894,000 a year ago. Total freight income and gain on sale of assets was NOK 1,018,569,000 against NOK 895,894,000 a year ago. Operating result before depreciations was NOK 398,182,000 against NOK 327,076,000 a year ago. Operating result was NOK 291,616,000 against NOK 229,818,000 a year ago. Ordinary result before taxes was negative of NOK 342,815,000 against ordinary result before taxes of NOK 82,745,000 a year ago. Diluted loss per share was NOK 8.38 against diluted earnings per share of NOK 0.92 a year ago. EBITDA was NOK 396,634,000 against NOK 356,477,000 a year ago. Diluted loss per share was NOK 3.72 against diluted earnings per share of NOK 1.01 a year ago. For the full year, net freight income was NOK 3,833,583,000 against NOK 3,600,693,000 a year ago. Total freight income and gain on sale of assets was NOK 3,880,173,000 against NOK 3,637,146,000 a year ago. Operating result before depreciations was NOK 1,649,600,000 against NOK 1,497,078,000 a year ago. Operating result was NOK 1,269,966,000 against NOK 1,122,918,000 a year ago. Ordinary result before taxes was NOK 223,956,000 against NOK 541,178,000 a year ago. Diluted earnings per share were NOK 5.99 against NOK 12.77 a year ago. EBITDA was NOK 1,716,567,000 against NOK 1,574,900,000 a year ago. Diluted earnings per share were NOK 11.12 against NOK 14.49 a year ago. Net cash flow from operations was NOK 1,514,325 against NOK 710,710 a year ago. Investment in tangible fixed assets (vessels) was NOK 2,413,994 against NOK 150,083 a year ago. The Board proposed dividends at NOK 3.50 per share for 2014.

Solstad Offshore ASA, Q4 2014 Earnings Call, Feb 25, 2015

Solstad Offshore ASA, Q4 2014 Earnings Call, Feb 25, 2015

 

Stock Quotes

Market data is delayed at least 15 minutes.

Company Lookup
Recently Viewed
SOFF:NO 48.60 NOK +0.20

SOFF Competitors

Market data is delayed at least 15 minutes.

Company Last Change
Farstad Shipping ASA 38.20 NOK +0.30
Gulfmark Offshore Inc $14.34 USD -0.23
Great Eastern Shipping Co Ltd/The 354.55 INR +6.90
Ultrapetrol Bahamas Ltd $1.11 USD -0.09
Viking Supply Ships AB €0.56 EUR -0.009
View Industry Companies
 

Industry Analysis

SOFF

Industry Average

Valuation SOFF Industry Range
Price/Earnings 12.1x
Price/Sales 0.5x
Price/Book 0.4x
Price/Cash Flow 3.0x
TEV/Sales NM Not Meaningful
 | 

Sponsored Financial Commentaries

Sponsored Links

Report Data Issue

To contact SOLSTAD OFFSHORE ASA, please visit www.solstad.com. Company data is provided by Capital IQ. Please use this form to report any data issues.

Please enter your information in the following field(s):
Update Needed*

All data changes require verification from public sources. Please include the correct value or values and a source where we can verify.

Your requested update has been submitted

Our data partners will research the update request and update the information on this page if necessary. Research and follow-up could take several weeks. If you have questions, you can contact them at bwwebmaster@businessweek.com.