Andfjord Salmon Group AS 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	85.51	166.09	59.2	250.03	82.91	14.92
Cash & Short-Term Investments	85.51	166.09	59.2	250.03	82.91	14.92
Cash Growth	-52.20%	180.58%	-76.33%	201.57%	455.78%	-89.98%
Accounts Receivable	-	2.32	0.04	-	-	-
Other Receivables	97.52	64.15	73.52	50.57	5.84	17.43
Receivables	97.52	66.47	73.57	50.57	5.84	17.43
Inventory	100.43	49.12	1.34	1.7	15.45	-
Prepaid Expenses	11.66	24.68	2.91	1.79	1.85	0.7
Other Current Assets	14.25	0	0.01	-	0.11	0.4
Total Current Assets	309.36	306.37	137.02	304.09	106.16	33.45
Property, Plant & Equipment	4,815	4,418	2,244	894.27	520.93	445.01
Other Intangible Assets	38.22	39.71	16.42	14.39	8.56	2.67
Other Long-Term Assets	0.88	0.98	0.14	0.11	0.09	0.12
Total Assets	5,163	4,765	2,397	1,213	635.73	481.25
Accounts Payable	872.28	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	15.94	16.21	4.28	4.51	4.68	1.71
Other Current Liabilities	226.12	109.09	4.89	6.57	8.14	8.74
Total Current Liabilities	1,114	694.32	304.67	149.88	79.36	62.47
Long-Term Debt	1,597	1,592	832.31	59.96	67.38	78.03
Long-Term Leases	49.37	52.14	6.16	9.34	13.3	16.35
Other Long-Term Liabilities	-	-0	-	-	-	-
Total Liabilities	2,761	2,339	1,143	219.18	160.03	156.85
Common Stock	107.19	101.73	67.62	57.01	41.04	35.93
Additional Paid-In Capital	2,675	2,535	1,440	1,125	557.41	357.23
Retained Earnings	-391.08	-367.17	-263.09	-195.22	-125.44	-68.76
Comprehensive Income & Other	11.44	156.26	9.56	7.28	2.69	-
Shareholders' Equity	2,402	2,426	1,254	993.69	475.7	324.4
Total Liabilities & Equity	5,163	4,765	2,397	1,213	635.73	481.25
Total Debt	1,663	1,661	842.75	81.48	141.52	98.42
Net Cash (Debt)	-1,577	-1,495	-783.55	168.56	-58.61	-83.5
Net Cash Per Share	-16.35	-17.11	-12.31	3.46	-1.53	-2.33
Filing Date Shares Outstanding	107.19	101.73	67.62	57.01	41.03	35.93
Total Common Shares Outstanding	107.19	101.73	67.62	57.01	41.03	35.93
Working Capital	-804.98	-387.95	-167.65	154.21	26.81	-29.02
Book Value Per Share	22.41	23.84	18.55	17.43	11.59	9.03
Tangible Book Value	2,364	2,386	1,238	979.3	467.15	321.73
Tangible Book Value Per Share	22.05	23.45	18.31	17.18	11.38	8.95
Land	152.5	151.4	106.24	105.41	98.97	19.55
Machinery	109.11	108.78	39.25	38.45	38.77	1.85
Construction In Progress	2,450	2,036	1,837	466.7	73.43	396.61