NorAm Drilling AS Balance Sheet

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	10.39	8.37	12.14	13.1	12.78
Cash & Short-Term Investments	10.39	8.37	12.14	13.1	12.78
Cash Growth	24.15%	-31.09%	-7.32%	2.47%	-21.76%
Accounts Receivable	12.24	12.34	11.3	14.8	6.14
Other Receivables	-	1.67	1.37	1.34	1.06
Receivables	12.24	14.01	12.66	16.14	7.2
Prepaid Expenses	1.78	-	-	-	-
Other Current Assets	-	-	0	-	-
Total Current Assets	24.4	22.38	24.8	29.24	19.99
Property, Plant & Equipment	51.88	56.3	72.61	86.57	102.09
Total Assets	76.28	78.68	97.42	115.81	122.07
Accounts Payable	8.67	3.62	4.39	4.61	3
Accrued Expenses	0.16	0.17	0.16	0.27	0.15
Current Income Taxes Payable	1.75	1.78	0.33	0.25	-
Other Current Liabilities	6.71	14.41	15.82	26.9	3.24
Total Current Liabilities	17.3	19.97	20.69	32.03	6.38
Long-Term Debt	-	-	-	-	80
Long-Term Deferred Tax Liabilities	2.84	5.23	4.88	1.75	1.96
Other Long-Term Liabilities	-0	-	-	-	-
Total Liabilities	20.14	25.21	25.58	33.77	88.34
Common Stock	12.58	12.57	12.55	12.55	8.84
Additional Paid-In Capital	74.75	86.91	107.55	136.94	95.23
Retained Earnings	-31.19	-46	-48.26	-67.46	-70.34
Comprehensive Income & Other	0	-0	-	-	-
Shareholders' Equity	56.14	53.47	71.84	82.03	33.73
Total Liabilities & Equity	76.28	78.68	97.42	115.81	122.07
Total Debt	-	-	-	-	80
Net Cash (Debt)	10.39	8.37	12.14	13.1	-67.22
Net Cash Growth	24.15%	-31.09%	-7.32%	-	-
Net Cash Per Share	0.24	0.19	0.28	0.46	-2.87
Filing Date Shares Outstanding	43.3	43.26	43.14	43.14	23.39
Total Common Shares Outstanding	43.3	43.26	43.14	43.14	23.39
Working Capital	7.11	2.4	4.11	-2.79	13.6
Book Value Per Share	1.30	1.24	1.67	1.90	1.44
Tangible Book Value	56.14	53.47	71.84	82.03	33.73
Tangible Book Value Per Share	1.30	1.24	1.67	1.90	1.44
Machinery	-	213.95	210.58	205.6	202.24
Order Backlog	27.6	-	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.