Aqualis ASA (OSL:AQUA)

Aqualis ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	8.7	14.58	19.47	28.16	30.97	19.82
Short-Term Investments	-	1.38	1.41	-	1.12	1.17
Cash & Short-Term Investments	8.7	15.96	20.89	28.16	32.1	20.99
Cash Growth	-53.75%	-23.59%	-25.82%	-12.27%	52.93%	-32.13%
Accounts Receivable	88.66	83.74	72.3	79.58	45.84	51.73
Other Receivables	14.93	8.55	7	-	4.41	4.78
Receivables	103.59	92.29	79.3	79.58	50.25	56.51
Prepaid Expenses	-	5.72	5.23	-	3.43	3.65
Other Current Assets	-	-	-	-	0	-
Total Current Assets	112.29	113.97	105.41	107.73	85.77	81.15
Property, Plant & Equipment	10.75	11.9	10.23	10.61	10.01	4.77
Long-Term Investments	0.04	0.04	0.16	0.03	0.03	-
Goodwill	46.27	45.44	45.76	39.29	24.08	24.26
Other Intangible Assets	19.46	19.53	19.67	17.54	5.31	3.21
Long-Term Deferred Tax Assets	5.05	5.26	4.4	5.31	1.74	1.71
Other Long-Term Assets	-	-	-	-	-0	-
Total Assets	193.85	196.13	185.62	180.52	126.93	115.09

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	53.42	19.77	9.5	12.58	5.65	7.69
Accrued Expenses	-	27.36	26.37	21.6	15.39	12.95
Current Portion of Long-Term Debt	29.05	20	14.63	10.95	13.34	8.33
Current Portion of Leases	2.32	2.45	2.2	1.82	1.87	1.35
Current Income Taxes Payable	1.5	14.25	13.25	11.58	5.29	4.23
Current Unearned Revenue	3.67	3.65	2.37	1.98	1.54	0.95
Other Current Liabilities	-	-	-	-	-0	-
Total Current Liabilities	89.95	87.48	68.32	60.5	43.07	35.5
Long-Term Debt	-	-	-	-	-	3.33
Long-Term Leases	5.9	6.82	5.81	6.8	6.92	2.48
Pension & Post-Retirement Benefits	-	4.57	4.33	4.33	3.06	2.71
Long-Term Deferred Tax Liabilities	4.14	4.18	4.1	4.69	2.52	1.26
Other Long-Term Liabilities	6.63	3.66	3.61	3.14	2.94	2.95
Total Liabilities	106.62	106.71	86.18	79.46	58.5	48.23

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1.68	1.68	1.64	1.58	1.4	1.32
Additional Paid-In Capital	67.68	67.68	78.06	84.11	63.35	64.91
Retained Earnings	18.07	22.02	27.57	23.15	14.75	8.56
Treasury Stock	-0.34	-0.22	-0.26	-	-	-
Comprehensive Income & Other	-0.15	-1.83	-7.92	-8.05	-10.81	-8.04
Total Common Equity	86.94	89.32	99.09	100.8	68.7	66.75
Minority Interest	0.29	0.1	0.35	0.26	-0.27	0.11
Shareholders' Equity	87.24	89.42	99.45	101.06	68.43	66.87
Total Liabilities & Equity	193.85	196.13	185.62	180.52	126.93	115.09

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	37.27	29.28	22.65	19.57	22.13	15.49
Net Cash (Debt)	-28.57	-13.32	-1.76	8.59	9.97	5.5
Net Cash Growth	-	-	-	-13.80%	81.37%	-49.80%
Net Cash Per Share	-0.20	-0.10	-0.01	0.07	0.09	0.05
Filing Date Shares Outstanding	133.28	133.31	130.01	128.48	104.77	96.92
Total Common Shares Outstanding	133.28	133.31	130.01	123.35	104.77	96.92
Working Capital	22.33	26.48	37.09	47.23	42.7	45.66
Book Value Per Share	0.65	0.67	0.76	0.82	0.66	0.69
Tangible Book Value	21.21	24.36	33.67	43.97	39.32	39.29
Tangible Book Value Per Share	0.16	0.18	0.26	0.36	0.38	0.41
Machinery	-	5.5	7.13	6.33	5.15	2.92
Order Backlog	-	126.8	115.96	72.23	72.12	63.21

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 26, 2026

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