Solstad

Skudeneshavn, Norway Founded: 1964 • Age: 62 yrs
Provider of high quality services to the global Oil Gas, Renewable Energy and Aquaculture markets
Annual revenue $454.5M Latest available
Total funding - 1 rounds
Employees 502 Tracked headcount
Investors 1 Known backers
Products 3 Services tracked
Competitors 8 Brand Intelligence

About Solstad

Solstad is a company based in Skudeneshavn (Norway) founded in 1964. The company has 502 employees as of December 31, 2024. Solstad offers products and services including Vessel Chartering, Ship Management, and Sustainability Operations. Solstad operates in a competitive market with competitors including ADNOC, NOVATEK, OMV Petrom, CNX Resources and MGE Energy, among others.

  • Headquarter Skudeneshavn, Norway
  • Employees 502 as on 31 Dec, 2024
  • Stage Public
  • Sectors
    Energy & Utilities
  • Email
    Locked
  • Phone
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  • Website
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  • Social
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  • Legal Name Solstad Maritime Asa
Operational Areas
Energy & Utilities → Oil & Gas Unlock Sub-Sector Unlock Segment
Key Metrics
  • Annual Revenue
    $454.49 M (USD)
    4.47
    as on Dec 31, 2024
  • Net Profit
    $230.77 M (USD)
    306.15
    as on Dec 31, 2024
  • EBITDA
    $178.8 M (USD)
    -5.62
    as on Dec 31, 2024
  • Latest Funding Round
    Not available
  • Investors
  • Employee Count
    502

    as on Dec 31, 2024

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IPO & Listings of Solstad

Solstad is a publicly listed company on the OSL with ticker symbol SOFF in Norway, operating in the Transportation sector. As a publicly traded entity, the company provides investors with opportunities to participate in its growth story through equity ownership. The listing enables access to capital markets, enhances corporate visibility, and provides liquidity for shareholders while maintaining transparency through regulatory compliance and regular financial disclosures.

Exchange: OSL · Ticker: SOFF · Sector: Transportation · Norway

Products & Services of Solstad

Solstad offers a comprehensive portfolio of products and services, including Vessel Chartering, Ship Management, and Sustainability Operations.

Product name locked
Category locked
Primary

Platform for chartering offshore vessels in global energy operations

Product name locked
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Services for managing and maintaining offshore vessels

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Initiatives for sustainable practices in offshore energy sector

People of Solstad

Headcount 1000-5000
Employee Profiles 25
Board Members and Advisors 6
Employee Profiles
People
Sven Stakkestad
Deputy CEO
People
Kjetil Ramstad
CFO
People
Olaug Hillesland
Administration & Communication Director
People
Hans Knut Skår Jr.
EVP, Subsea Construction

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Board Members and Advisors
people
Harald Espedal
Chairman Of The Board
people
Ellen Solstad
Board Member
people
Frank O. Reite
Board Member

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Funding Insights of Solstad

Investors in Solstad

Solstad has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Aker ASA.

All
Institutional
Investor Description Founded Year Domain Location
Industrial portfolio companies are managed for growth and dividend potential.
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Investor details for Solstad

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Investments & Acquisitions by Solstad

Investments
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Investment portfolio details for Solstad

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Financial Statements - Solstad

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Detailed financials for Solstad

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Solstad Comparisons

Solstad Primary company
Description
Provider of high quality services to the global Oil & Gas, R...
Location
Skudeneshavn, Norway
Founded Year
1964
Annual Revenue
$454.49 M (USD)
Net Profit
$230.77 M (USD)
EBITDA
$178.8 M (USD)
Employees
502
As of 2024
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Peer comparison for Solstad

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Competitors of Solstad

Solstad operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as ADNOC, NOVATEK, OMV Petrom, CNX Resources and MGE Energy, among others.

Company Name Domain Founded year HQ Location Description
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Provider of natural gas & oil distributor, processing, and refining services
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Oil and gas exploration, production, and services are provided.
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Oil and gas exploration and refining services are provided.
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Provider of natural gas exploration, production, and transmission services
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Natural gas and electricity are distributed by MGE Energy.
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Provides crude oil and natural gas exploration and processing services.
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Detailed competitors of Solstad

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Latest news on Solstad

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Complete news archive for Solstad

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Frequently Asked Questions about Solstad

Solstad was founded in 1964 and raised its 1st funding round 59 years after it was founded.

Solstad is headquartered in Skudeneshavn, Norway. It is registered at Skudeneshavn, Rogaland, Norway.

As of Dec 31, 2024, the latest employee count at Solstad is 502.

Annual revenue of Solstad is $454.49M as on Dec 31, 2024.

Solstad was founded in 1964 in Skudeneshavn, Norway, and operates as a shipping company. Focus is placed on delivering transportation and support services to the oil gas, renewable energy, and aquaculture sectors. Operations extend worldwide, with vessels utilized for offshore activities, energy projects, and aquaculture logistics. The company maintains its headquarters in Norway while serving international clients across these industries.

Solstad's top competitors include ADNOC, NOVATEK and OMV Petrom.

Solstad offers Vessel Chartering, Ship Management, and Sustainability Operations.

Yes, Solstad is publicly traded on OSL under the ticker symbol SOFF.

Solstad has 1 investor. Key investors include Aker ASA.

The ticker symbol of Solstad is SOFF on OSL.

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