Appear 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	62.16	60.49	96.83	73.12	24.37	26.57
Short-Term Investments	413.46	438.61	133.61	87.67	73	127.75
Cash & Short-Term Investments	475.61	499.1	230.44	160.79	97.37	154.32
Cash Growth	130.76%	116.59%	43.31%	65.14%	-36.91%	-32.12%
Accounts Receivable	149.22	108.84	82.25	54.55	77.75	46.11
Other Receivables	-	-	-	-	-	25.72
Total Trade Receivables	149.22	108.84	82.25	54.55	77.75	71.83
Inventory	71.4	46.58	44	24.25	29.06	21.58
Other Current Assets	53.88	45.37	37.96	27.32	24.8	-
Total Current Assets	750.11	699.89	394.64	266.9	228.97	247.73
Net Property, Plant & Equipment	91.83	84.99	62.99	19.5	22.86	3.87
Other Intangible Assets	82.84	66.01	0.87	1.02	0.39	0.51
Other Long-Term Assets	7.86	7.1	-	3.09	11.91	1.3
Total Assets	932.64	857.98	458.51	290.52	264.13	253.41
Accounts Payable	56.94	34.1	13.54	22.85	26.36	23.67
Accrued Expenses	45.09	43.87	17.47	0.34	-	8.79
Short-Term Debt	-	-	-	-	-	8.92
Current Portion of Leases	9.68	8.64	4.18	-	-	-
Other Current Liabilities	126.88	108.61	106.1	61.28	44.95	34.23
Total Current Liabilities	238.59	195.23	141.29	90.62	92.83	75.6
Long-Term Debt	-	-	-	-	14.19	-
Long-Term Leases	59.71	53.47	48.89	7.75	13.59	-
Other Long-Term Liabilities	16.61	19.75	0.64	-	0.25	-
Total Long-Term Liabilities	76.32	73.21	49.53	1.58	6.51	-
Total Liabilities	314.9	268.44	190.82	92.21	99.34	75.6
Common Stock	1.24	1.24	0.79	0.79	0.79	0.79
Treasury Stock	-0.02	-0.02	-0.04	-0.04	-0.04	-0.04
Additional Paid-in Capital	112.23	109.23	14.45	14.45	14.45	14.69
Accumulated Other Comprehensive Income	1.05	1.43	2.14	1.68	0.59	-
Retained Earnings	503.24	477.66	250.36	181.43	149.01	162.36
Shareholders' Equity	617.74	589.54	267.69	198.31	164.79	177.8
Total Liabilities & Equity	932.64	857.98	458.51	290.52	264.13	253.41
Total Debt	69.39	62.11	53.07	7.75	27.78	8.92
Net Cash (Debt)	406.22	436.99	177.37	153.04	69.59	145.4
Net Cash Growth	181.65%	146.38%	15.89%	119.92%	-52.14%	-36.05%
Net Cash Per Share	10.49	11.51	4.72	4.08	1.85	3.84
Book Value	617.74	589.54	267.69	198.31	164.79	177.8
Book Value Per Share	15.95	15.53	7.13	5.28	4.39	4.69
Tangible Book Value	534.9	523.54	266.81	197.29	164.4	177.3
Tangible Book Value Per Share	13.81	13.79	7.11	5.25	4.38	4.68