FRA:9Q3 Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4.43	0.4	3.19	53.82	66.03
Short-Term Investments	5.76	8.71	11.35	16.46	-
Cash & Short-Term Investments	10.19	9.11	14.53	70.27	66.03
Cash Growth	11.80%	-37.29%	-79.32%	6.43%	552.67%
Accounts Receivable	1.09	0.66	0.74	0.01	-
Other Receivables	4.44	0.98	0.83	1.02	1.64
Receivables	5.53	1.64	1.57	1.04	1.64
Other Current Assets	28.66	16.95	18.52	5.25	0.21
Total Current Assets	44.39	27.7	34.62	76.56	67.87
Property, Plant & Equipment	1.84	2.58	1.37	2.86	3.79
Other Intangible Assets	1.56	1.59	1.64	1.66	1.56
Long-Term Deferred Tax Assets	41.85	34.45	28	17.89	11.07
Long-Term Deferred Charges	57.7	54.04	49.92	44.55	33.83
Other Long-Term Assets	0.16	0.16	0	-	-0
Total Assets	147.5	120.51	115.55	143.51	118.12
Accounts Payable	3.2	3.74	1.29	3.71	1.06
Accrued Expenses	1.35	1.66	1.75	2.8	1.08
Short-Term Debt	5.59	41.75	17.62	0.09	-
Other Current Liabilities	41.83	31.92	31.93	53.85	9.72
Total Current Liabilities	51.98	79.07	52.59	60.45	11.86
Long-Term Debt	20.58	-	-	-	-
Long-Term Leases	1.78	2.45	1.1	2.47	3.26
Other Long-Term Liabilities	-0	-	-	-	-0
Total Liabilities	74.34	81.52	53.69	62.91	15.12
Common Stock	82.23	54.6	54.6	51.92	36.56
Additional Paid-In Capital	107.2	106.56	106.56	92.12	44.13
Retained Earnings	-129.04	-119.45	-96.59	-60.73	-36.55
Comprehensive Income & Other	12.79	-2.71	-2.71	-2.71	58.86
Shareholders' Equity	73.16	39	61.86	80.6	103
Total Liabilities & Equity	147.5	120.51	115.55	143.51	118.12
Total Debt	27.95	44.2	18.72	2.56	3.26
Net Cash (Debt)	-17.76	-35.09	-4.19	67.72	62.77
Net Cash Growth	-	-	-	7.88%	520.47%
Net Cash Per Share	-0.13	-0.51	-0.06	1.04	1.38
Filing Date Shares Outstanding	137.04	68.25	68.25	64.9	45.49
Total Common Shares Outstanding	137.04	68.25	68.25	64.9	45.49
Working Capital	-7.59	-51.37	-17.97	16.11	56.02
Book Value Per Share	0.53	0.57	0.91	1.24	2.26
Tangible Book Value	71.6	37.41	60.23	78.93	101.44
Tangible Book Value Per Share	0.52	0.55	0.88	1.22	2.23
Machinery	1.16	1.16	1.16	1.1	0.85

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