FRA:7X7 Balance Sheet

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

Millions NOK. 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	136.74	169.71	233.04	292.99	107.3
Cash & Short-Term Investments	136.74	169.71	233.04	292.99	107.3
Cash Growth	-19.43%	-27.18%	-20.46%	173.07%	164.95%
Accounts Receivable	-	-	-	0.51	0.05
Other Receivables	9.36	9.03	2.13	1.56	2.04
Receivables	9.36	9.03	2.13	2.07	2.09
Inventory	0.45	0.64	2.29	0.97	0.37
Prepaid Expenses	-	0.49	0.91	0.46	0.54
Total Current Assets	146.56	179.86	238.37	296.49	110.29
Property, Plant & Equipment	17.07	24.89	34.69	40.11	24.41
Other Intangible Assets	0.8	1.11	1.41	0.08	0.36
Long-Term Deferred Charges	-	-	-	-	10.56
Other Long-Term Assets	-0	-	-	-	-
Total Assets	164.42	205.87	274.48	336.67	145.61
Accounts Payable	1.49	1.46	3.14	2.93	2.42
Accrued Expenses	5.32	5.76	7.55	5.69	3.25
Current Portion of Leases	3.24	3.03	2.8	2.66	2.36
Current Income Taxes Payable	-	-	-	0.02	-
Total Current Liabilities	10.05	10.25	13.49	11.31	8.03
Long-Term Leases	8.4	11.29	13.69	16.63	18.95
Total Liabilities	18.45	21.54	27.18	27.94	26.98
Common Stock	0.13	0.13	0.13	0.13	0.11
Additional Paid-In Capital	145.85	184.26	246.81	308.46	118.52
Comprehensive Income & Other	-	-0.06	0.48	0.08	-
Total Common Equity	145.97	184.33	247.42	308.66	118.63
Minority Interest	-	-	-0.12	0.07	-
Shareholders' Equity	145.97	184.33	247.29	308.73	118.63
Total Liabilities & Equity	164.42	205.87	274.48	336.67	145.61
Total Debt	11.64	14.33	16.5	19.3	21.31
Net Cash (Debt)	125.1	155.38	216.55	273.69	85.99
Net Cash Growth	-19.49%	-28.25%	-20.88%	218.29%	112.33%
Net Cash Per Share	2.98	3.70	5.16	6.64	2.63
Filing Date Shares Outstanding	41.97	41.97	41.97	41.97	37.34
Total Common Shares Outstanding	41.97	41.97	41.97	41.97	37.34
Working Capital	136.51	169.62	224.89	285.18	102.27
Book Value Per Share	3.48	4.39	5.90	7.35	3.18
Tangible Book Value	145.17	183.22	246.01	308.59	118.28
Tangible Book Value Per Share	3.46	4.37	5.86	7.35	3.17
Machinery	-	28.57	21.93	20.67	4.92
Construction In Progress	-	3.88	3.88	3.77	-

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