Photocure ASA 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	238.89	88.32	63.68	30.45	58.98
Short-Term Investments	-	200.51	192.66	234.2	260.06
Cash & Short-Term Investments	238.89	288.83	256.34	264.65	319.04
Cash Growth	-17.29%	12.68%	-3.14%	-17.05%	-3.18%
Accounts Receivable	74.92	66.86	59.7	47.16	47.98
Other Receivables	27.61	5.37	4.68	7.34	4.93
Receivables	102.53	72.23	64.39	54.51	52.91
Inventory	44.37	39.54	37.19	26.53	27.53
Prepaid Expenses	-	18.37	11.35	9.11	9.85
Restricted Cash	-	5.02	3.17	3.42	3.86
Total Current Assets	385.8	423.98	372.43	358.23	413.19
Property, Plant & Equipment	13.43	34.1	31.53	30.81	32.42
Goodwill	144	144	144	144	144
Other Intangible Assets	107.97	97.94	114.54	130.88	147.04
Long-Term Deferred Tax Assets	55.87	39.07	49.48	55.12	53
Other Long-Term Assets	0	-0	-	-	-
Total Assets	707.06	739.09	711.97	719.03	789.65
Accounts Payable	29.98	19.44	19.66	21.28	23.65
Accrued Expenses	-	66.05	48.24	50.81	42.89
Current Portion of Long-Term Debt	-	-	14.02	27.38	36.58
Current Portion of Leases	-	6.15	-	-	-
Other Current Liabilities	75.96	12.23	1.23	4.59	10.46
Total Current Liabilities	105.95	103.87	83.15	104.06	113.58
Long-Term Debt	-	-	-	-	12.5
Long-Term Leases	10.3	10.66	13.97	21.26	23.81
Pension & Post-Retirement Benefits	-	5.72	4.32	4.76	3.52
Other Long-Term Liabilities	106.59	117.13	127.68	126.23	133.6
Total Liabilities	222.83	237.37	229.13	256.3	287.02
Common Stock	13.56	13.56	13.56	13.56	13.49
Additional Paid-In Capital	496.08	477.84	460.87	440.72	411.05
Retained Earnings	-25.41	6.28	9.62	8.64	80.5
Treasury Stock	-	-0.3	-0.3	-0.3	-0.31
Comprehensive Income & Other	-	4.34	-0.9	0.12	-2.08
Shareholders' Equity	484.23	501.72	482.85	462.73	502.63
Total Liabilities & Equity	707.06	739.09	711.97	719.03	789.65
Total Debt	10.3	16.81	27.99	48.64	72.89
Net Cash (Debt)	228.59	272.03	228.35	216.01	246.15
Net Cash Growth	-15.97%	19.13%	5.71%	-12.24%	-10.70%
Net Cash Per Share	8.57	10.04	8.42	7.99	9.17
Filing Date Shares Outstanding	26.61	27.11	27.11	27.11	26.96
Total Common Shares Outstanding	26.61	27.11	27.11	27.11	26.96
Working Capital	279.85	320.12	289.28	254.17	299.61
Book Value Per Share	18.20	18.51	17.81	17.07	18.64
Tangible Book Value	232.26	259.78	224.31	187.85	211.6
Tangible Book Value Per Share	8.73	9.58	8.28	6.93	7.85
Machinery	-	17.25	14.57	11.94	10.13

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