Atlantic Sapphire ASA Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2.8	29.45	22.54	23.68	17.01
Cash & Short-Term Investments	2.8	29.45	22.54	23.68	17.01
Cash Growth	-90.49%	30.67%	-4.84%	39.21%	-40.36%
Accounts Receivable	4.63	3.65	1.15	1.85	1.4
Other Receivables	-	0.02	0.01	-	0.05
Receivables	4.63	3.67	1.16	1.85	1.45
Inventory	31.38	22.72	21.36	23.06	23.39
Prepaid Expenses	2.2	0.43	2.21	0.39	1.59
Restricted Cash	0.42	0.42	0.42	0.42	0.47
Total Current Assets	41.43	56.68	47.68	49.4	43.91
Property, Plant & Equipment	76.75	199.16	277.18	305.37	266.56
Long-Term Investments	-	-	0.01	0.01	0.01
Other Intangible Assets	-	-	0.39	0.26	0.5
Long-Term Accounts Receivable	0.36	-	-	-	-
Other Long-Term Assets	17.26	17.83	17.01	2.51	0.77
Total Assets	135.8	273.67	342.26	357.55	311.74
Accounts Payable	10.73	6.97	14.34	11.7	19.02
Current Portion of Long-Term Debt	0.75	-	5	18.55	-
Current Portion of Leases	0.31	0.49	0.45	0.42	0.32
Total Current Liabilities	11.79	7.46	19.79	30.66	19.34
Long-Term Debt	109.23	62.13	37.6	28.29	50
Long-Term Leases	2.87	1.25	1.73	2.22	2.84
Total Liabilities	123.89	70.84	59.12	61.17	72.18
Common Stock	38.11	38.11	8.64	1.72	1.05
Additional Paid-In Capital	751.56	751.56	691.43	577.81	454.26
Retained Earnings	-772.75	-581.49	-414.17	-280.41	-215.4
Comprehensive Income & Other	-5.01	-5.35	-2.77	-2.73	-0.35
Total Common Equity	11.91	202.83	283.14	296.38	239.56
Shareholders' Equity	11.91	202.83	283.14	296.38	239.56
Total Liabilities & Equity	135.8	273.67	342.26	357.55	311.74
Total Debt	113.16	63.87	44.78	49.47	53.17
Net Cash (Debt)	-110.36	-34.43	-22.25	-25.79	-36.15
Net Cash Per Share	-3.08	-3.54	-56.61	-349.03	-727.65
Filing Date Shares Outstanding	36.07	35.85	0.4	0.08	0.05
Total Common Shares Outstanding	36.07	35.85	0.4	0.08	0.05
Working Capital	29.64	49.22	27.89	18.74	24.57
Book Value Per Share	0.33	5.66	709.09	3867.55	5262.19
Tangible Book Value	11.91	202.83	282.75	296.12	239.06
Tangible Book Value Per Share	0.33	5.66	708.11	3864.14	5251.32
Land	-	8.71	8.71	8.71	8.71
Buildings	-	157.51	157.52	157.52	154.83
Machinery	-	114.69	114.7	114.7	97.98
Construction In Progress	-	129.25	120.46	99.06	66.01

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