Kaldalón Balance Sheet

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

Millions ISK. 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	1,090	1,727	1,830	2,277	1,296
Cash & Short-Term Investments	1,090	1,727	1,830	2,277	1,296
Cash Growth	-36.88%	-5.63%	-19.63%	75.69%	1473.55%
Accounts Receivable	157	362	327	178	359.99
Other Receivables	149	128	714	647	-
Receivables	306	490	1,041	825	359.99
Prepaid Expenses	31	134	-	-	-
Other Current Assets	1	-	-	-	1,341
Total Current Assets	1,428	2,351	2,871	3,102	2,997
Long-Term Investments	-	-	-	-	101.49
Other Long-Term Assets	84,959	73,472	57,795	42,380	18,636
Total Assets	86,387	75,823	60,666	45,482	21,734
Accrued Expenses	288	220	104	101	24.92
Current Portion of Long-Term Debt	4,461	4,369	7,295	1,064	1,141
Current Income Taxes Payable	-	-	18	-	263.06
Other Current Liabilities	1,650	710	2,861	1,833	1,412
Total Current Liabilities	6,399	5,299	10,278	2,998	2,841
Long-Term Debt	43,632	37,748	22,665	18,772	8,726
Long-Term Leases	930	643	414	429	255.57
Other Long-Term Liabilities	7,322	6,347	4,102	2,566	1,553
Total Liabilities	58,283	50,037	37,459	24,765	13,375
Common Stock	10,858	11,196	11,129	11,129	5,461
Additional Paid-In Capital	4,347	4,664	4,894	4,894	553.24
Retained Earnings	7,776	6,979	3,757	738	88.98
Treasury Stock	-210	-338	-1	-0.6	-0.57
Comprehensive Income & Other	5,333	3,285	3,427	3,384	2,066
Total Common Equity	28,104	25,786	23,206	20,144	8,169
Minority Interest	-	-	1	573	190.01
Shareholders' Equity	28,104	25,786	23,207	20,717	8,359
Total Liabilities & Equity	86,387	75,823	60,666	45,482	21,734
Total Debt	49,023	42,760	30,374	20,265	10,123
Net Cash (Debt)	-47,933	-41,033	-28,544	-17,988	-8,827
Net Cash Per Share	-42.84	-35.74	-24.27	-22.18	-20.29
Filing Date Shares Outstanding	1,065	1,086	1,113	1,113	546.06
Total Common Shares Outstanding	1,065	1,086	1,113	1,113	546.06
Working Capital	-4,971	-2,948	-7,407	104	155.9
Book Value Per Share	26.39	23.75	20.85	18.10	14.96
Tangible Book Value	28,104	25,786	23,206	20,144	8,169
Tangible Book Value Per Share	26.39	23.75	20.85	18.10	14.96

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