Appear 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 2019
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '19 Dec 1, 2019
Cash & Equivalents	60.49	96.83	73.12	24.37	31.79
Short-Term Investments	-	-	-	-	169.98
Trading Asset Securities	438.61	133.61	87.67	73	-
Cash & Short-Term Investments	499.1	230.44	160.79	97.37	201.77
Cash Growth	116.59%	43.31%	65.14%	-51.74%	1.05%
Accounts Receivable	108.84	82.25	54.55	77.75	57.15
Other Receivables	-	-	16.79	19.06	-
Receivables	108.84	82.25	71.34	96.81	57.15
Inventory	46.58	44	24.25	29.06	7.54
Prepaid Expenses	-	-	5.98	3.14	-
Other Current Assets	45.37	37.96	4.55	2.6	8.83
Total Current Assets	699.89	394.64	266.9	228.97	275.29
Property, Plant & Equipment	84.99	62.99	19.5	22.86	-
Other Intangible Assets	66.01	0.87	1.02	0.39	-
Long-Term Deferred Tax Assets	7.1	-	3.09	11.91	-
Other Long-Term Assets	-	-	-	-	4.69
Total Assets	857.98	458.51	290.52	264.13	279.98
Accounts Payable	34.1	13.54	22.85	26.36	14.79
Accrued Expenses	-	-	29.15	21.74	-
Short-Term Debt	-	-	-	14.19	-
Current Portion of Leases	8.64	4.18	6.17	7.33	-
Current Income Taxes Payable	43.87	17.47	0.34	-	6.68
Current Unearned Revenue	-	-	23.18	9.55	-
Other Current Liabilities	108.61	106.1	8.95	13.66	17.14
Total Current Liabilities	195.23	141.29	90.62	92.83	38.61
Long-Term Leases	53.47	48.89	1.58	6.26	-
Long-Term Deferred Tax Liabilities	3.5	0.64	-	0.25	1.68
Other Long-Term Liabilities	16.24	-	-	-	0
Total Liabilities	268.44	190.82	92.21	99.34	40.3
Common Stock	1.24	0.79	0.79	0.79	0.79
Additional Paid-In Capital	109.23	14.45	14.45	14.45	-
Retained Earnings	477.66	250.36	181.43	149.01	-
Treasury Stock	-0.02	-0.04	-0.04	-0.04	-
Comprehensive Income & Other	1.43	2.14	1.68	0.59	238.89
Shareholders' Equity	589.54	267.69	198.31	164.79	239.68
Total Liabilities & Equity	857.98	458.51	290.52	264.13	279.98
Total Debt	62.11	53.07	7.75	27.78	-
Net Cash (Debt)	436.99	177.37	153.04	69.59	201.77
Net Cash Growth	146.38%	15.89%	119.92%	-65.51%	1.05%
Net Cash Per Share	11.58	4.72	4.08	1.85	-
Filing Date Shares Outstanding	38.35	37.51	37.55	37.55	-
Total Common Shares Outstanding	38.35	37.51	37.55	37.55	-
Working Capital	504.66	253.35	176.28	136.14	-
Book Value Per Share	15.37	7.14	5.28	4.39	-
Tangible Book Value	523.54	266.81	197.29	164.4	-
Tangible Book Value Per Share	13.65	7.11	5.25	4.38	-
Machinery	-	-	42.79	36.68	-

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