Nordic Mining 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	329.43	454.77	634.98	164.7	32.09
Cash & Short-Term Investments	329.43	454.77	634.98	164.7	32.09
Cash Growth	-27.56%	-28.38%	285.53%	413.32%	-24.01%
Accounts Receivable	32.28	27.7	-	-	-
Other Receivables	-	-	28.71	22.47	2.62
Receivables	32.28	27.7	28.71	22.47	2.62
Inventory	61.67	10.01	-	-	-
Prepaid Expenses	-	-	1.85	0.83	0.82
Restricted Cash	19.55	12.65	8.43	4.22	-
Other Current Assets	-	-	1,075	1,033	-
Total Current Assets	442.93	505.13	1,749	1,225	35.53
Property, Plant & Equipment	2,841	2,752	1,381	289.61	29.24
Long-Term Investments	-	-	-	-	190.52
Other Intangible Assets	21.62	-	-	-	-
Other Long-Term Assets	-	0.11	-	-	-
Total Assets	3,306	3,257	3,130	1,514	255.29
Accounts Payable	24.14	44.39	94.31	37.17	3.09
Accrued Expenses	-	-	83.63	19.19	4.09
Short-Term Debt	-	-	-	142.98	-
Current Portion of Long-Term Debt	-	-	-	850.83	-
Current Portion of Leases	-	-	0.31	0.12	0.13
Other Current Liabilities	163.99	156.76	2.54	7.84	1.13
Total Current Liabilities	188.13	201.15	180.78	1,058	8.45
Long-Term Debt	1,492	1,044	902.18	-	-
Long-Term Leases	3.92	0.19	0.47	-	0.11
Pension & Post-Retirement Benefits	0.84	-	0.22	1.81	1.06
Other Long-Term Liabilities	637.76	599.8	517.58	-	-
Total Liabilities	2,323	1,845	1,601	1,060	9.63
Common Stock	1,301	1,301	1,301	139.39	137.7
Additional Paid-In Capital	301.4	292.45	293.97	335.47	329.74
Retained Earnings	-615.12	-177.26	-62.24	-16.14	-218.55
Comprehensive Income & Other	-4.37	-3.38	-3.7	-4.23	-3.22
Total Common Equity	982.85	1,413	1,529	454.49	245.66
Shareholders' Equity	982.85	1,413	1,529	454.49	245.66
Total Liabilities & Equity	3,306	3,257	3,130	1,514	255.29
Total Debt	1,496	1,044	902.95	993.92	0.25
Net Cash (Debt)	-1,167	-589.03	-267.97	-829.21	31.84
Net Cash Growth	-	-	-	-	-23.92%
Net Cash Per Share	-10.76	-5.43	-2.96	-61.82	2.80
Filing Date Shares Outstanding	108.41	108.41	108.41	11.62	11.47
Total Common Shares Outstanding	108.41	108.41	108.41	11.62	11.47
Working Capital	254.8	303.98	1,568	166.7	27.08
Book Value Per Share	9.07	13.03	14.10	39.13	21.41
Tangible Book Value	961.23	1,413	1,529	454.49	245.66
Tangible Book Value Per Share	8.87	13.03	14.10	39.13	21.41
Machinery	-	-	3.15	1.58	0.66

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