AF Gruppen ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	2,987	2,391	1,033	296	765	1,360
Cash & Short-Term Investments	2,987	2,391	1,033	296	765	1,360
Cash Growth	188.04%	131.46%	248.99%	-61.31%	-43.75%	-3.96%
Accounts Receivable	3,643	3,668	3,276	3,518	3,536	9,311
Other Receivables	414	26	37	32	44	65
Total Trade Receivables	4,057	3,694	3,313	3,550	3,580	9,376
Inventory	306	381	761	683	459	300
Other Current Assets	1,312	1,555	1,503	1,712	2,021	-
Total Current Assets	8,277	8,012	6,552	6,241	6,827	5,617
Net Property, Plant & Equipment	1,415	1,420	936	979	859	2,218
Other Intangible Assets	6	8	9	8	6	4,347
Goodwill	4,693	4,718	4,609	4,531	4,455	4,328
Long-Term Investments	639	676	636	565	490	1,570
Other Long-Term Assets	333	684	577	527	357	299
Total Assets	17,314	17,092	15,003	14,647	14,457	13,107
Accounts Payable	7,728	7,889	6,743	7,087	6,423	6,956
Current Portion of Long-Term Debt	41	-	-	233	433	54
Current Portion of Leases	-	-	-	345	290	301
Unearned Revenue	1,378	1,642	1,698	1,489	1,546	-
Other Current Liabilities	181	126	93	952	1,021	881
Total Current Liabilities	10,543	10,997	9,978	10,106	9,713	8,192
Long-Term Debt	4	47	284	93	75	90
Long-Term Leases	1,458	1,460	1,027	665	607	554
Other Long-Term Liabilities	1,966	1,969	1,611	580	567	699
Total Long-Term Liabilities	2,217	2,145	1,537	1,338	1,250	1,343
Total Liabilities	12,759	13,143	11,515	11,444	10,963	9,535
Common Stock	-	-	-	-	-	5
Additional Paid-in Capital	-	-	-	-	-	501
Retained Earnings	-	-	-	-	-	5,216
Total Common Shareholders' Equity	3,524	2,900	2,606	2,323	2,575	5,722
Minority Interest	1,031	1,048	882	880	918	918
Shareholders' Equity	4,555	3,949	3,488	3,203	3,494	3,573
Total Liabilities & Equity	17,314	17,092	15,003	14,647	14,457	13,108
Total Debt	1,503	1,507	1,311	1,336	1,405	999
Net Cash (Debt)	1,484	884	-278	-1,040	-640	361
Net Cash Growth	67.87%	-	-	-	-	24.48%
Net Cash Per Share	13.49	8.03	-2.56	-9.65	-5.99	3.39
Book Value	3,524	2,900	2,606	2,323	2,575	5,722
Book Value Per Share	32.04	26.34	24.00	21.55	24.08	53.75
Tangible Book Value	-1,175	-1,826	-2,012	-2,216	-1,886	-2,953
Tangible Book Value Per Share	-10.68	-16.59	-18.53	-20.56	-17.64	-27.74