Norofert Balance Sheet

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

Millions RON. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	0.36	0.39	2.7	0.42	1.68	2.12
Cash & Short-Term Investments	0.36	0.39	2.7	0.42	1.68	2.12
Cash Growth	-83.48%	-85.54%	543.55%	-75.13%	-20.36%	506.82%
Accounts Receivable	34.15	29.18	27.86	21.92	32.14	40.74
Other Receivables	10.89	13.6	14.33	8.69	9.5	3.49
Receivables	45.04	42.78	42.19	30.61	41.64	44.23
Inventory	16.14	14.86	13.24	15.22	12.78	6.98
Prepaid Expenses	2.45	0.79	0.69	0.06	0.15	0.67
Other Current Assets	3.78	-	-	-	-	-
Total Current Assets	67.77	58.82	58.82	46.32	56.26	53.99
Property, Plant & Equipment	19.52	20.38	22.67	16.5	15.29	6.47
Long-Term Investments	-	7.62	5.59	5.24	4.55	0.12
Other Intangible Assets	3.91	4.54	0.75	0	0.01	0.02
Long-Term Deferred Charges	-	-	-	0.71	0.55	-
Other Long-Term Assets	7.62	0	0	-	0.27	3.12
Total Assets	98.82	91.35	87.82	68.77	76.93	63.73
Accounts Payable	14.71	14.72	11.16	6.81	10.15	8.93
Short-Term Debt	16.9	16.78	12	12.5	14.45	5.31
Current Portion of Leases	0.42	0.67	3.36	0.48	0.32	-
Other Current Liabilities	7.61	8.49	12.75	1.62	3.07	4.37
Total Current Liabilities	39.65	40.66	39.27	21.4	27.98	18.61
Long-Term Debt	16.94	19.17	21.94	23.97	20.12	18.32
Long-Term Leases	0.7	0.8	1.2	1.03	1.02	0.09
Long-Term Unearned Revenue	1.62	0.68	0.33	0.88	2.78	6.04
Other Long-Term Liabilities	2.67	2.68	0.32	0.1	0.14	0.15
Total Liabilities	61.58	63.99	63.06	47.39	52.04	43.22
Common Stock	8.64	7.25	7.25	6.95	6.86	6.86
Additional Paid-In Capital	22.71	14.72	14.72	14.72	13.45	13.45
Retained Earnings	5.87	5.39	2.78	-0.31	4.56	0.19
Comprehensive Income & Other	0.01	0.01	0.01	0.02	0.02	0.01
Shareholders' Equity	37.23	27.37	24.76	21.38	24.89	20.51
Total Liabilities & Equity	98.82	91.35	87.82	68.77	76.93	63.73
Total Debt	34.97	37.41	38.5	37.98	35.9	23.73
Net Cash (Debt)	-34.61	-37.02	-35.8	-37.56	-34.22	-21.61
Net Cash Per Share	-	-2.13	-2.06	-2.19	-2.00	-
Filing Date Shares Outstanding	-	17.38	17.38	17.15	17.15	-
Total Common Shares Outstanding	-	17.38	17.38	17.15	17.15	-
Working Capital	28.12	18.16	19.55	24.91	28.28	35.38
Book Value Per Share	-	1.57	1.42	1.25	1.45	-
Tangible Book Value	33.32	22.82	24.01	21.38	24.88	20.49
Tangible Book Value Per Share	-	1.31	1.38	1.25	1.45	-
Land	-	-	-	-	-	0.93
Buildings	-	-	-	-	-	1.38
Machinery	-	-	-	-	-	4.89
Construction In Progress	-	-	-	-	-	0.25