Argeo ASA Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	4.06	0.83	5.34	2.16	7.47	0.91
Cash & Short-Term Investments	4.06	0.83	5.34	2.16	7.47	0.91
Cash Growth	341.09%	-84.51%	146.88%	-71.04%	722.78%	473.56%
Accounts Receivable	5.48	7.18	0.77	1.73	0.61	0.52
Other Receivables	2.41	2.86	0.37	4.57	7.87	0.03
Receivables	7.89	10.04	1.14	6.3	8.48	0.55
Inventory	-	1.19	1	-	-	-
Prepaid Expenses	4.04	8.65	1.94	-	-	-
Other Current Assets	1.77	0.57	2.83	-0	-	-
Total Current Assets	17.75	21.28	12.25	8.46	15.95	1.46
Property, Plant & Equipment	67.13	69.02	54.71	21.24	1.14	1.35
Long-Term Investments	-	-	0.15	0.23	0.62	-
Other Intangible Assets	9.72	4.41	1.3	1.2	0.39	-
Long-Term Deferred Tax Assets	-	-	-	-	1.17	0.04
Long-Term Deferred Charges	4.62	4.6	3.19	1.68	0.47	0.42
Other Long-Term Assets	-0	-0	-	-	-0	-
Total Assets	99.22	99.31	71.6	32.81	19.74	3.26
Accounts Payable	6.85	11.16	6.46	2.41	0.71	1.44
Accrued Expenses	-	1.66	1.99	2.48	0.69	-
Current Portion of Long-Term Debt	2.49	2.43	2.39	4.43	0.15	-
Current Portion of Leases	7.56	7.56	4.75	0.27	0.3	-
Current Income Taxes Payable	0.13	0.13	-	-	0.01	-
Current Unearned Revenue	1.29	6.94	2.23	-	-	-
Other Current Liabilities	5.24	1.14	0.73	3.84	0.17	0.32
Total Current Liabilities	23.56	31.01	18.54	13.43	2.04	1.76
Long-Term Debt	17.93	18.57	4.94	4.61	0.52	0.78
Long-Term Leases	15.7	16.8	13.11	0.15	0.41	-
Other Long-Term Liabilities	-	0	0	0.01	0.08	-
Total Liabilities	57.18	66.39	36.59	18.2	3.04	2.54
Common Stock	3.03	2.16	1.89	0.57	0.32	0.07
Additional Paid-In Capital	81.15	68.71	62.2	27.36	19.14	0.79
Retained Earnings	-40.85	-36.64	-29.7	-12.77	-3.84	-0.14
Comprehensive Income & Other	-1.3	-1.31	0.62	-0.55	1.07	-
Shareholders' Equity	42.04	32.92	35.01	14.6	16.69	0.72
Total Liabilities & Equity	99.22	99.31	71.6	32.81	19.74	3.26
Total Debt	43.67	45.36	25.2	9.46	1.38	0.78
Net Cash (Debt)	-39.61	-44.53	-19.86	-7.29	6.09	0.13
Net Cash Growth	-	-	-	-	4703.31%	88.48%
Net Cash Per Share	-0.87	-1.04	-0.96	-0.94	1.45	0.10
Filing Date Shares Outstanding	63.18	44.42	44.42	10.22	5.49	5.49
Total Common Shares Outstanding	63.18	44.42	38.58	10.22	5.49	1.22
Working Capital	-5.81	-9.74	-6.28	-4.98	13.91	-0.3
Book Value Per Share	0.67	0.74	0.91	1.43	3.04	0.59
Tangible Book Value	32.32	28.51	33.71	13.41	16.3	0.72
Tangible Book Value Per Share	0.51	0.64	0.87	1.31	2.97	0.59
Machinery	50.53	50.1	42.96	22.06	0.61	-

Updated Mar 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.