BlueNord 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	142.7	250.6	166.7	268.4	122.6
Cash & Short-Term Investments	142.7	250.6	166.7	268.4	122.6
Cash Growth	-43.06%	50.33%	-37.89%	118.92%	-52.66%
Accounts Receivable	60.9	27.9	59.9	94.4	87.4
Other Receivables	21.2	3.8	1.4	1.1	0.2
Receivables	82.1	31.7	61.3	95.5	87.6
Inventory	67.8	55.8	54.7	55.9	51.4
Prepaid Expenses	19.1	9.5	24.8	24.2	20.1
Restricted Cash	0.1	157.3	0.1	-	-
Other Current Assets	87.1	9.4	74.3	139.9	1.3
Total Current Assets	398.9	514.3	381.9	583.9	283
Property, Plant & Equipment	2,552	2,575	2,429	2,084	1,899
Long-Term Investments	-	-	-	-	9.7
Goodwill	-	2.1	-	-	-
Other Intangible Assets	135.5	144.9	151.6	160.4	166
Long-Term Deferred Tax Assets	131.5	159.8	218.5	239.1	526.3
Other Long-Term Assets	101.1	66.2	227.9	237.3	205.5
Total Assets	3,319	3,462	3,413	3,306	3,090
Accounts Payable	14.8	4.4	17.5	17	5.4
Accrued Expenses	22.3	39.4	16.5	14.1	18.6
Current Portion of Long-Term Debt	-	233.1	326.7	25	-
Current Income Taxes Payable	66.8	0.1	140	209	16
Other Current Liabilities	47.1	216.5	195.7	219.6	249.1
Total Current Liabilities	151	493.5	696.4	484.7	289.1
Long-Term Debt	1,069	1,138	864.9	1,120	1,204
Other Long-Term Liabilities	1,346	1,135	1,038	1,037	1,104
Total Liabilities	2,566	2,766	2,599	2,642	2,598
Common Stock	1.6	1.7	1.7	1.7	29.5
Additional Paid-In Capital	446.1	787.1	782.9	768.4	707
Treasury Stock	-	-	-0.1	-0.1	-0.5
Comprehensive Income & Other	306	-93.2	29.1	-105.8	-243.8
Shareholders' Equity	753.7	695.6	813.6	664.2	492.2
Total Liabilities & Equity	3,319	3,462	3,413	3,306	3,090
Total Debt	1,069	1,371	1,192	1,145	1,204
Net Cash (Debt)	-926.3	-1,120	-1,025	-876.2	-1,082
Net Cash Per Share	-35.50	-42.57	-39.35	-35.04	-44.86
Filing Date Shares Outstanding	25.57	26.5	26.11	26.06	24.3
Total Common Shares Outstanding	25.57	26.5	26.11	25.57	24.11
Working Capital	247.9	20.8	-314.5	99.2	-6.1
Book Value Per Share	17.64	26.25	31.17	25.97	20.41
Tangible Book Value	618.2	548.6	662	503.8	326.2
Tangible Book Value Per Share	12.34	20.70	25.36	19.70	13.53
Construction In Progress	48.3	52.6	1,423	1,222	818.5

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