AF Gruppen ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	1,626	1,033	347	765	680	708
Cash & Short-Term Investments	1,626	1,033	347	765	680	708
Cash Growth	211.49%	197.69%	-54.64%	12.50%	-3.96%	25.75%
Accounts Receivable	5,730	4,245	4,937	5,361	4,471	3,837
Other Receivables	-	102	33	13	56	53
Receivables	5,792	4,384	5,002	5,418	4,592	3,956
Inventory	536	761	633	459	249	360
Prepaid Expenses	-	333	191	144	68	57
Other Current Assets	3	41	68	41	29	20
Total Current Assets	7,957	6,552	6,241	6,827	5,618	5,101
Property, Plant & Equipment	2,981	2,621	2,776	2,321	2,217	2,380
Long-Term Investments	603	636	565	490	639	547
Goodwill	4,656	4,609	4,531	4,455	4,329	4,364
Other Intangible Assets	19	9	8	6	6	3
Long-Term Deferred Tax Assets	262	197	167	76	7	16
Other Long-Term Assets	39	38	42	14	10	8
Total Assets	16,923	15,003	14,647	14,457	13,108	12,862
Accounts Payable	7,977	3,735	4,182	4,171	3,353	3,150
Accrued Expenses	-	3,008	2,885	2,252	2,644	2,531
Short-Term Debt	14	188	233	433	54	8
Current Portion of Long-Term Debt	-	-	-	-	-	7
Current Portion of Leases	339	315	345	290	301	330
Current Income Taxes Payable	268	93	247	416	232	236
Current Unearned Revenue	1,653	1,698	1,389	1,546	959	1,010
Other Current Liabilities	1,045	941	825	605	650	670
Total Current Liabilities	11,296	9,978	10,106	9,713	8,193	7,942
Long-Term Debt	86	96	93	75	90	155
Long-Term Leases	1,132	712	666	607	554	633
Pension & Post-Retirement Benefits	9	7	8	3	6	3
Long-Term Deferred Tax Liabilities	619	600	441	445	585	516
Other Long-Term Liabilities	148	122	130	121	108	119
Total Liabilities	13,290	11,515	11,444	10,964	9,536	9,368
Common Stock	430	5	5	5	5	5
Additional Paid-In Capital	-	941	810	677	501	756
Retained Earnings	2,223	1,665	1,487	1,949	2,174	1,837
Comprehensive Income & Other	82	-5	21	-56	-26	-5
Total Common Equity	2,735	2,606	2,323	2,575	2,654	2,593
Minority Interest	898	882	880	918	918	901
Shareholders' Equity	3,633	3,488	3,203	3,493	3,572	3,494
Total Liabilities & Equity	16,923	15,003	14,647	14,457	13,108	12,862
Total Debt	1,571	1,311	1,337	1,405	999	1,133
Net Cash (Debt)	55	-278	-990	-640	-319	-425
Net Cash Per Share	0.50	-2.56	-9.19	-5.99	-3.00	-4.06
Filing Date Shares Outstanding	109.13	109.29	108.53	107.7	106.8	105.86
Total Common Shares Outstanding	109.13	109.29	108.53	107.7	106.8	105.86
Working Capital	-3,339	-3,426	-3,865	-2,886	-2,575	-2,841
Book Value Per Share	25.06	23.84	21.40	23.91	24.85	24.49
Tangible Book Value	-1,940	-2,012	-2,216	-1,886	-1,681	-1,774
Tangible Book Value Per Share	-17.78	-18.41	-20.42	-17.51	-15.74	-16.76
Buildings	-	1,075	1,089	1,013	1,046	1,057
Machinery	-	2,127	1,992	1,568	1,378	1,312

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