NorAm Drilling AS Balance Sheet

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

Millions USD. 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	9.36	8.37	12.14	13.1	12.78	16.34
Cash & Short-Term Investments	9.36	8.37	12.14	13.1	12.78	16.34
Cash Growth	-9.75%	-31.09%	-7.32%	2.47%	-21.76%	106.35%
Accounts Receivable	11.71	12.34	11.3	14.8	6.14	4.42
Other Receivables	-	1.67	1.37	1.34	1.06	1.19
Receivables	11.71	14.01	12.66	16.14	7.2	5.61
Other Current Assets	0	-	0	-	-	-
Total Current Assets	23.16	22.38	24.8	29.24	19.99	21.95
Property, Plant & Equipment	53.03	56.3	72.61	86.57	102.09	117.02
Other Long-Term Assets	-0	-	-	-	-	0
Total Assets	76.19	78.68	97.42	115.81	122.07	138.97
Accounts Payable	5.35	3.62	4.39	4.61	3	1.33
Accrued Expenses	0.16	0.17	0.16	0.27	0.15	0.15
Current Income Taxes Payable	1.04	1.78	0.33	0.25	-	0
Other Current Liabilities	5.72	14.41	15.82	26.9	3.24	4.06
Total Current Liabilities	12.27	19.97	20.69	32.03	6.38	5.54
Long-Term Debt	-	-	-	-	80	85.72
Long-Term Deferred Tax Liabilities	3.42	5.23	4.88	1.75	1.96	2.65
Other Long-Term Liabilities	0	-	-	-	-	0
Total Liabilities	15.69	25.21	25.58	33.77	88.34	93.91
Common Stock	12.58	12.57	12.55	12.55	8.84	15.93
Additional Paid-In Capital	81.11	86.91	107.55	136.94	95.23	95.23
Retained Earnings	-33.19	-46	-48.26	-67.46	-70.34	-66.1
Comprehensive Income & Other	0	-0	-	-	-	-
Shareholders' Equity	60.5	53.47	71.84	82.03	33.73	45.06
Total Liabilities & Equity	76.19	78.68	97.42	115.81	122.07	138.97
Total Debt	-	-	-	-	80	85.72
Net Cash (Debt)	9.36	8.37	12.14	13.1	-67.22	-69.38
Net Cash Growth	-9.75%	-31.09%	-7.32%	-	-	-
Net Cash Per Share	0.21	0.19	0.28	0.46	-2.87	-2.97
Filing Date Shares Outstanding	43.32	43.26	43.14	43.14	23.39	23.39
Total Common Shares Outstanding	43.32	43.26	43.14	43.14	23.39	23.39
Working Capital	10.89	2.4	4.11	-2.79	13.6	16.41
Book Value Per Share	1.40	1.24	1.67	1.90	1.44	1.93
Tangible Book Value	60.5	53.47	71.84	82.03	33.73	45.06
Tangible Book Value Per Share	1.40	1.24	1.67	1.90	1.44	1.93
Machinery	-	213.95	210.58	205.6	202.24	198.87

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