Sea1 Offshore (OSL:SEA1) Construction In Progress: kr876 Mil (As of Mar. 2026)


OSL:SEA1 Sea1 Offshore Inc OSL:SEA1
76 GF Score
Price kr24.45
GF Value kr28.86
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Sea1 Offshore Construction In Progress?

Sea1 Offshore OSL:SEA1 -1.81% 76 Construction In Progress is kr876 Mil as of Mar. 2026. GuruFocus rates OSL:SEA1 with a GF Score™ of 76/100 and a GF Value™ of kr28.86 (Modestly Undervalued). The stock has 4 warning signs investors should review.

Sea1 Offshore's quarterly construction in progress increased from Sep. 2025 (kr425 Mil) to Dec. 2025 (kr748 Mil) and increased from Dec. 2025 (kr748 Mil) to Mar. 2026 (kr876 Mil).

Sea1 Offshore's annual construction in progress increased from Dec. 2023 (kr0 Mil) to Dec. 2024 (kr217 Mil) and increased from Dec. 2024 (kr217 Mil) to Dec. 2025 (kr748 Mil).

Sea1 Offshore Construction In Progress Historical Data

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The historical data trend for Sea1 Offshore's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Sea1 Offshore Construction In Progress Chart

Sea1 Offshore Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.00 0.00 216.67 747.63

Sea1 Offshore Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 226.92 405.50 424.92 747.63 875.78
OSL:SEA1
76GF Score
Sea1 Offshore Inc OSL:SEA1
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Sea1 Offshore Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of kr876 Mil mean?
Sea1 Offshore (OSL:SEA1) has a Construction In Progress of kr876 Mil as of Mar. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Sea1 Offshore and its competitors.
Is Sea1 Offshore's Construction In Progress too high?
Sea1 Offshore's current Construction In Progress is kr876 Mil. Overall, Sea1 Offshore has a GF Score™ of 76/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Sea1 Offshore's Construction In Progress compare to SLB and BKR?
Sea1 Offshore's Construction In Progress of kr876 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for an Oil & Gas company?
A good Construction In Progress depends on the Oil & Gas industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Sea1 Offshore and its competitors. Sea1 Offshore's current Construction In Progress is kr876 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sea1 Offshore stock overvalued right now?
Based on GuruFocus' analysis, Sea1 Offshore (OSL:SEA1) is currently considered Modestly Undervalued. The stock's GF Value™ is kr28.86, compared to a current price of kr24.45 — trading 15.3% below its estimated fair value. The current Construction In Progress is kr876 Mil. Sea1 Offshore's overall GF Score™ is 76/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Sea1 Offshore (OSL:SEA1), the current Construction In Progress is kr876 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Sea1 Offshore (OSL:SEA1) Overvalued in 2026?

Based on GuruFocus' analysis, Sea1 Offshore stock appears to be undervalued. The current stock price of kr24.45 is trading 15.3% below its estimated GF Value™ of kr28.86. GuruFocus considers Sea1 Offshore to be Modestly Undervalued.

Key valuation signals for OSL:SEA1:

  • Construction In Progress: kr876 Mil
  • GF Value™: kr28.86 vs. price of kr24.45 (15.3% below fair value)
  • GF Score™: 76/100 with 4 warning signs

No single metric tells the full story. See the OSL:SEA1 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Sea1 Offshore Business Description

Industry EnergyOil & Gas
Other Exchanges SIOFFO:SwedenS5H0:Germany
Address Kjoita 18, Kristiansand, NOR, 4630
Sea1 Offshore Inc is a vessel provider to the offshore oil and gas and renewable industry. It provides a wide range of services with its vessels, equipment and an experienced crew. The fleet consists of various vessels and includes platform supply vessels, anchor handling tug and supply as well as offshore subsea construction and well intervention vessels. The reportable segments are Subsea Vessels, Anchor-Handling Tug Supply (AHTS) Vessels, Platform Supply Vessels (PSVs), Fast Crew & Oil Spill Recovery Vessels, and Other. The company generates the majority of its revenue from the Subsea Vessels segment.
76GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr24.45
Price
kr28.86
GF Value