Kitron ASA Balance Sheet

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

Millions EUR. 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	145.8	48.7	39	25.9	42.72
Cash & Short-Term Investments	145.8	48.7	39	25.9	42.72
Cash Growth	199.38%	24.87%	50.58%	-39.37%	193.58%
Accounts Receivable	249	202.4	209.4	203.1	127.33
Other Receivables	33.9	8.3	10.4	10.6	4.96
Receivables	282.9	210.7	219.8	213.7	132.29
Inventory	155.1	141.4	166.4	172.7	87.86
Prepaid Expenses	-	1.4	1.6	3.1	5.7
Other Current Assets	-	-	0.1	0.1	-
Total Current Assets	583.8	402.2	426.9	415.5	268.56
Property, Plant & Equipment	80.2	75.1	74.7	58.4	45.16
Goodwill	45	44.4	44.8	45	3.69
Other Intangible Assets	25.7	26.3	27.2	30.3	4.48
Long-Term Deferred Tax Assets	6.5	7.1	6.2	8.7	7.38
Other Long-Term Assets	0.1	0.9	1	1.1	1.03
Total Assets	741.3	556	580.8	559	330.3
Accounts Payable	268.7	155.1	181.9	192.1	91.6
Accrued Expenses	-	21.1	26.1	28.6	13.08
Short-Term Debt	-	36.3	34.9	45.8	56.35
Current Portion of Long-Term Debt	21.5	10.9	10.7	9.5	18.18
Current Portion of Leases	-	6.8	9.5	6	4.65
Current Income Taxes Payable	1.7	2.1	6.3	6.2	1.9
Other Current Liabilities	31.9	6.5	7.7	-	-
Total Current Liabilities	323.8	238.8	277.1	288.2	185.75
Long-Term Debt	92.8	90.9	96.3	103.9	5.52
Long-Term Leases	-	17.3	17	15.5	15.07
Pension & Post-Retirement Benefits	0.4	0.4	0.5	0.5	0.55
Long-Term Deferred Tax Liabilities	9.1	8.6	5.4	6.3	0.42
Other Long-Term Liabilities	1.3	1.1	1	1.3	0.42
Total Liabilities	427.4	357.1	397.3	415.7	207.74
Common Stock	313.9	1.9	1.9	1.9	1.97
Additional Paid-In Capital	-	75.4	75.4	75.4	79.11
Retained Earnings	-	121.6	106	63.7	43.12
Comprehensive Income & Other	-	-	0.2	2.3	-1.63
Shareholders' Equity	313.9	198.9	183.5	143.3	122.57
Total Liabilities & Equity	741.3	556	580.8	559	330.3
Total Debt	114.3	162.2	168.4	180.7	99.76
Net Cash (Debt)	31.5	-113.5	-129.4	-154.8	-57.03
Net Cash Per Share	0.16	-0.57	-0.65	-0.77	-0.31
Filing Date Shares Outstanding	215	198.92	198.22	197.69	197.01
Total Common Shares Outstanding	215	198.92	198.22	197.69	197.01
Working Capital	260	163.4	149.8	127.3	82.81
Book Value Per Share	1.46	1.00	0.93	0.72	0.62
Tangible Book Value	243.2	128.2	111.5	68	114.4
Tangible Book Value Per Share	1.13	0.64	0.56	0.34	0.58
Buildings	-	32.1	31.2	27.8	21.12
Machinery	-	151.4	143.6	124.9	109.94
Order Backlog	709.3	471.9	-	-	282.17

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