Solstad Offshore A

Solstad Offshore A Interest Coverage

The Interest Coverage Ratio of Solstad Offshore A (SOFF.OL) as of Oct 22, 2026 is 12.99. In the previous year, Interest Coverage Ratio was 13.14 — a change of -1.18% (lower).

Interest Coverage

12.99

YoY

-1.18%

Last updated:

Interest Coverage Ratio of Solstad Offshore A is 2024 12.99 . Interest Coverage Ratio of Solstad Offshore A was 2023 13.14 . It decreases by -1.18% lower compared to the previous year.

The Solstad Offshore A Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2017
33.09 USD
Jan 1, 2018
0.23 USD
Jan 1, 2019
-0.18 USD
Jan 1, 2020
4.78 USD
Jan 1, 2021
0.16 USD
Jan 1, 2022
4.20 USD
Jan 1, 2023
13.14 USD
Jan 1, 2024
12.99 USD
The Solstad Offshore A Interest Coverage history
YEARInterest CoverageYoY
12.99-1.18%
13.14+212.79%
4.20+2,586.11%
0.16-96.73%
4.78-2,832.15%
-0.18-174.75%
0.23-99.29%
33.09-1,662.23%
-2.12+640.09%
-0.29-123.64%
1.21—

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Solstad Offshore A Stock analysis

What does Solstad Offshore A do? Solstad Offshore ASA is a Norwegian company based in Skudeneshavn that has been active in the shipping industry for decades. The company's history dates back to the 1950s, when its founder, Johannes Solstad, started building boats and ships in Skudeneshavn. Since then, the company has grown significantly and has become a leading service provider in the offshore industry. Today, Solstad Offshore ASA specializes in providing shipping services for the international offshore industry. The company operates a fleet of modern multipurpose vessels and supply ships that are used worldwide for oil and gas exploration, production, and transportation. The fleet is specialized in various areas and offers a wide range of services. Solstad Offshore ASA's business model is focused on offering offshore industry services in a cost-effective manner. The company provides services either directly to oil and gas producers and other customers or through long-term contracts with leading companies in the industry. Solstad Offshore ASA has three main areas within its business activities: offshore shipping, technology, and marine. Each of these departments offers specialized services to the international offshore industry. The offshore shipping department of Solstad Offshore ASA offers a comprehensive range of services, including transportation and storage of cargo, pipelines, and construction materials, support for offshore drilling, support for offshore production installations and inspection services, as well as services related to offshore wind farms. The technology department of Solstad Offshore ASA offers services such as ship technology, ship operation technology, and engineering services to the offshore industry. The department specializes in modernizations, conversions, repairs, and maintenance work on ships and equipment. The marine department of Solstad Offshore ASA offers specialized shipping services tailored to the needs of the marine industry. The company provides services such as support and assistance for marine research and development projects, support for offshore operating areas, and marine radio services. In recent years, Solstad Offshore ASA has also developed and provided a wide range of products to meet the offshore industry's need for advanced technology and equipment. For example, the company has developed its own cable laying vessels that can support the installation of underwater cables for offshore wind farms and oil and gas platforms. The company has also developed specialized support vessels for offshore operations to ensure fast and effective assistance in emergencies or other issues. Since its inception, Solstad Offshore ASA has continuously evolved and now offers a wide range of services and products to meet the needs of the offshore industry. The company has become a key player and partner in this industry through its high quality, experience, and innovative approaches, and will continue to play a crucial role in supporting global oil and gas production. Solstad Offshore A is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Solstad Offshore A stock

Interest Coverage Ratio of Solstad Offshore A is 12.99 in 2024.

Interest Coverage Ratio of Solstad Offshore A changed from 13.14 to 12.99, representing a -1.18% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Solstad Offshore A since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Solstad Offshore A with sector peers and the industry average to assess whether it is attractive.

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Leverage — Solstad Offshore A

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