North Energy ASA (FRA:RN2)

North Energy ASA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	104.37	102.05	5.95	3.06	39.99	119.33
Short-Term Investments	88.99	-	-	-	-	-
Trading Asset Securities	-	30.34	102.96	143.07	154.13	191.42
Cash & Short-Term Investments	193.36	132.38	108.91	146.13	194.12	310.75
Cash Growth	58.65%	21.55%	-25.46%	-24.72%	-37.53%	39.47%
Accounts Receivable	-	-	-	0.04	-	-
Other Receivables	-	-	3.35	3.51	-	-
Receivables	-	-	3.35	3.54	-	-
Prepaid Expenses	0.72	0.28	0.13	0.08	0.06	0.05
Other Current Assets	-	-	-	0.02	0.13	0.13
Total Current Assets	194.08	132.66	112.4	149.77	194.31	310.94
Property, Plant & Equipment	2.42	3.58	4.96	6.2	3.25	1.51
Long-Term Investments	226.83	238.49	224.98	171.61	141.31	111.37
Other Long-Term Assets	-	-	-	-	0.12	0.26
Total Assets	423.33	374.74	342.34	327.58	338.99	424.07
Accounts Payable	1.16	0.35	0.1	0.05	0.03	0.03
Accrued Expenses	2.16	3.14	2.59	5.46	11.98	2.3
Short-Term Debt	80.43	-	13.58	7.72	-	-
Current Portion of Leases	1.88	1.68	1.46	1.33	0.64	1.16
Other Current Liabilities	-0	-	-	-	-	-0
Total Current Liabilities	85.64	5.18	17.72	14.55	12.64	3.49
Long-Term Leases	0.63	2.05	3.49	4.8	2.54	0.3
Long-Term Deferred Tax Liabilities	-	-	-	-	-	18.38
Other Long-Term Liabilities	4.28	-	-	-	2.51	-0
Total Liabilities	90.55	7.23	21.22	19.35	17.69	22.17
Common Stock	117.25	119.05	119.05	119.05	119.05	119.05
Additional Paid-In Capital	840.03	857.62	869.34	881.07	881.07	933.83
Retained Earnings	-624.5	-605.75	-663.85	-688.48	-675.4	-647.58
Treasury Stock	-	-3.41	-3.41	-3.41	-3.41	-3.41
Total Common Equity	332.78	367.51	321.13	308.23	321.3	401.89
Shareholders' Equity	332.78	367.51	321.13	308.23	321.3	401.89
Total Liabilities & Equity	423.33	374.74	342.34	327.58	338.99	424.07
Total Debt	82.94	3.74	18.53	13.85	3.17	1.47
Net Cash (Debt)	110.42	128.65	90.39	132.28	190.94	309.29
Net Cash Growth	-6.32%	42.32%	-31.67%	-30.73%	-38.26%	41.27%
Net Cash Per Share	0.97	1.10	0.77	1.13	1.63	2.64
Filing Date Shares Outstanding	117.25	117.25	117.25	117.25	117.25	117.25
Total Common Shares Outstanding	117.25	117.25	117.25	117.25	117.25	117.25
Working Capital	108.44	127.49	94.67	135.22	181.67	307.45
Book Value Per Share	2.84	3.13	2.74	2.63	2.74	3.43
Tangible Book Value	332.78	367.51	321.13	308.23	321.3	401.89
Tangible Book Value Per Share	2.84	3.13	2.74	2.63	2.74	3.43
Machinery	-	0.58	0.58	0.56	0.48	0.43

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