Andfjord Salmon Group AS 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	166.09	59.2	250.03	82.91	14.92
Cash & Short-Term Investments	166.09	59.2	250.03	82.91	14.92
Cash Growth	180.58%	-76.33%	201.57%	455.78%	-89.98%
Accounts Receivable	2.32	0.04	-	-	-
Other Receivables	-	73.52	50.57	5.84	17.43
Receivables	2.32	73.57	50.57	5.84	17.43
Inventory	49.12	1.34	1.7	15.45	-
Prepaid Expenses	-	2.91	1.79	1.85	0.7
Other Current Assets	88.84	0.01	-	0.11	0.4
Total Current Assets	306.37	137.02	304.09	106.16	33.45
Property, Plant & Equipment	4,358	2,244	894.27	520.93	445.01
Other Intangible Assets	39.71	16.42	14.39	8.56	2.67
Other Long-Term Assets	0.98	0.14	0.11	0.09	0.12
Total Assets	4,705	2,397	1,213	635.73	481.25
Accounts Payable	569.03	295.51	131.13	10.36	49.69
Current Portion of Long-Term Debt	-	-	7.67	56.17	2.33
Current Portion of Leases	16.21	4.28	4.51	4.68	1.71
Other Current Liabilities	109.09	4.89	6.57	8.14	8.74
Total Current Liabilities	694.32	304.67	149.88	79.36	62.47
Long-Term Debt	1,592	832.31	59.96	67.38	78.03
Long-Term Leases	52.14	6.16	9.34	13.3	16.35
Total Liabilities	2,339	1,143	219.18	160.03	156.85
Common Stock	2,366	67.62	57.01	41.04	35.93
Additional Paid-In Capital	-	1,440	1,125	557.41	357.23
Retained Earnings	-	-263.09	-195.22	-125.44	-68.76
Comprehensive Income & Other	-	9.56	7.28	2.69	-
Shareholders' Equity	2,366	1,254	993.69	475.7	324.4
Total Liabilities & Equity	4,705	2,397	1,213	635.73	481.25
Total Debt	1,661	842.75	81.48	141.52	98.42
Net Cash (Debt)	-1,495	-783.55	168.56	-58.61	-83.5
Net Cash Per Share	-15.63	-12.31	3.46	-1.53	-2.33
Filing Date Shares Outstanding	95.64	67.62	57.01	41.03	35.93
Total Common Shares Outstanding	95.64	67.62	57.01	41.03	35.93
Working Capital	-387.95	-167.65	154.21	26.81	-29.02
Book Value Per Share	24.74	18.55	17.43	11.59	9.03
Tangible Book Value	2,326	1,238	979.3	467.15	321.73
Tangible Book Value Per Share	24.32	18.31	17.18	11.38	8.95
Land	-	106.24	105.41	98.97	19.55
Machinery	-	39.25	38.45	38.77	1.85
Construction In Progress	-	1,837	466.7	73.43	396.61

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