Solstad Offshore ASA
SLOFF · OTC
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Operating Activities | – | – | – | – |
| Net Income | $1,352,705 | $466,551 | -$1,013,124 | -$1,110,398 |
| Dep. & Amort. | $334,467 | $838,672 | $780,990 | $1,309,199 |
| Deferred Tax | $0 | $0 | $0 | $0 |
| Stock-Based Comp. | $0 | $0 | $0 | $0 |
| Change in WC | -$429,971 | -$63,073 | -$388,744 | -$69,088 |
| Other Non-Cash | -$266,198 | $1,433,428 | $2,066,691 | $1,254,041 |
| Operating Cash Flow | $991,003 | $2,675,578 | $1,445,813 | $1,383,754 |
| Investing Activities | – | – | – | – |
| PP&E Inv. | -$13,997 | -$630,322 | -$124,912 | -$72,654 |
| Net Acquisitions | -$1,272,904 | $0 | $450,268 | $290,215 |
| Inv. Purchases | -$11,998 | -$79,995 | $0 | $0 |
| Inv. Sales/Matur. | $1,465 | $0 | $0 | $0 |
| Other Inv. Act. | $11,363,490 | $7,350,796 | -$448,888 | -$241,076 |
| Investing Cash Flow | $10,066,056 | $6,640,479 | -$123,532 | -$23,515 |
| Financing Activities | – | – | – | – |
| Debt Repay. | -$10,540,763 | -$8,146,167 | -$546,117 | -$397,541 |
| Stock Issued | $0 | $14,108 | $0 | $0 |
| Stock Repurch. | $0 | $0 | $0 | $0 |
| Dividends Paid | $0 | $0 | $0 | $0 |
| Other Fin. Act. | -$1,995,650 | -$1,534,196 | -$1,101,047 | -$921,518 |
| Financing Cash Flow | -$12,536,413 | -$9,666,255 | -$1,647,164 | -$1,319,059 |
| Forex Effect | -$21,782 | $63,097 | $35,929 | $5,942 |
| Net Chg. in Cash | -$1,501,136 | -$287,101 | -$288,955 | $47,122 |
| Supplemental Information | – | – | – | – |
| Beg. Cash | $1,882,971 | $2,170,072 | $2,459,027 | $2,411,905 |
| End Cash | $381,835 | $1,882,971 | $2,170,072 | $2,459,027 |
| Free Cash Flow | $977,006 | $2,569,545 | $1,320,901 | $1,311,100 |