Santierul Naval Orsova S.A. (BVB:SNO)

Santierul Naval Orsova Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	9.94	10.96	11.94	8.85	14.37
Short-Term Investments	20.11	13.51	6.5	3.49	3.09
Cash & Short-Term Investments	30.05	24.47	18.44	12.34	17.45
Cash Growth	22.82%	32.70%	49.46%	-29.31%	-49.68%
Accounts Receivable	20.37	1.52	11.43	1.45	19.65
Other Receivables	-	0.88	0.19	0.31	0.23
Receivables	20.37	2.4	11.62	1.76	19.88
Inventory	27.76	36.48	28.97	50.81	22.4
Other Current Assets	0.17	1.93	0.62	0.39	0.61
Total Current Assets	78.36	65.27	59.65	65.3	60.35
Property, Plant & Equipment	48.78	46.99	39.36	39.87	42.09
Other Intangible Assets	0.01	0.04	0.08	0.03	0.02
Long-Term Accounts Receivable	0.3	0.16	0.01	0.01	0.54
Long-Term Deferred Tax Assets	0.12	0.17	0.1	0.12	0.08
Other Long-Term Assets	-	-	0.61	0.6	0.52
Total Assets	127.57	112.64	99.81	105.92	103.61
Accounts Payable	24.48	1.47	2.29	2.39	2.53
Accrued Expenses	-	2.57	1.87	1.83	1.84
Current Portion of Leases	-	0.62	-	0.63	0.57
Current Unearned Revenue	0.02	0.32	0	0	3.41
Other Current Liabilities	0.9	12.49	10.38	18.49	1.1
Total Current Liabilities	25.4	17.48	14.54	23.35	9.44
Long-Term Leases	2.52	2.74	-	0.51	1.02
Long-Term Deferred Tax Liabilities	4.98	4.51	3.78	4.03	4.35
Other Long-Term Liabilities	-	0.17	0.06	0.05	0.02
Total Liabilities	32.9	24.89	18.38	27.93	14.84
Common Stock	28.56	28.56	28.56	28.56	28.56
Additional Paid-In Capital	8.86	8.86	8.86	8.86	8.86
Retained Earnings	10.6	7.38	0.61	-3.32	0.79
Comprehensive Income & Other	46.65	42.94	43.4	43.89	50.56
Shareholders' Equity	94.67	87.74	81.43	77.98	88.77
Total Liabilities & Equity	127.57	112.64	99.81	105.92	103.61
Total Debt	2.52	3.36	-	1.14	1.59
Net Cash (Debt)	27.53	21.11	18.44	11.2	15.86
Net Cash Growth	30.42%	14.48%	64.68%	-29.40%	-54.27%
Net Cash Per Share	2.42	1.85	1.61	0.98	1.39
Filing Date Shares Outstanding	11.39	11.42	11.42	11.42	11.42
Total Common Shares Outstanding	11.39	11.42	11.42	11.42	11.42
Working Capital	52.96	47.8	45.11	41.95	50.91
Book Value Per Share	8.31	7.68	7.13	6.83	7.77
Tangible Book Value	94.66	87.7	81.35	77.96	88.75
Tangible Book Value Per Share	8.31	7.68	7.12	6.82	7.77
Land	-	23.09	23.08	1.2	1.2
Buildings	-	-	-	21.88	20.06
Machinery	-	58.39	62.15	58.8	56.54
Construction In Progress	-	3.08	1.4	1.22	3.56

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.