BlueNord ASA Balance Sheet

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

Millions USD. 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	109.6	142.7	250.6	166.7	268.4	122.6
Cash & Short-Term Investments	109.6	142.7	250.6	166.7	268.4	122.6
Cash Growth	-73.53%	-43.06%	50.33%	-37.89%	118.92%	-52.66%
Accounts Receivable	171.9	60.9	27.9	59.9	94.4	87.4
Other Receivables	-	21.2	3.8	1.4	1.1	0.2
Receivables	171.9	82.1	31.7	61.3	95.5	87.6
Inventory	65.5	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	18.3	87.1	9.4	74.3	139.9	1.3
Total Current Assets	365.3	398.9	514.3	381.9	583.9	283
Property, Plant & Equipment	2,474	2,552	2,575	2,429	2,084	1,899
Long-Term Investments	-	-	-	-	-	9.7
Goodwill	-	-	2.1	-	-	-
Other Intangible Assets	132.7	135.5	144.9	151.6	160.4	166
Long-Term Deferred Tax Assets	463.2	166.4	159.8	218.5	239.1	526.3
Other Long-Term Assets	69.6	101.1	66.2	227.9	237.3	205.5
Total Assets	3,505	3,354	3,462	3,413	3,306	3,090
Accounts Payable	112.3	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	56.3	71.8	0.1	140	209	16
Other Current Liabilities	293.2	62.8	216.5	195.7	219.6	249.1
Total Current Liabilities	461.8	171.7	493.5	696.4	484.7	289.1
Long-Term Debt	1,051	1,069	1,138	864.9	1,120	1,204
Other Long-Term Liabilities	1,538	1,346	1,135	1,038	1,037	1,104
Total Liabilities	3,051	2,586	2,766	2,599	2,642	2,598
Common Stock	1.6	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	452	320.2	-93.2	29.1	-105.8	-243.8
Shareholders' Equity	453.6	767.9	695.6	813.6	664.2	492.2
Total Liabilities & Equity	3,505	3,354	3,462	3,413	3,306	3,090
Total Debt	1,051	1,069	1,371	1,192	1,145	1,204
Net Cash (Debt)	-941.5	-926.3	-1,120	-1,025	-876.2	-1,082
Net Cash Per Share	-36.40	-35.50	-42.57	-39.35	-35.04	-44.86
Filing Date Shares Outstanding	25.57	25.57	26.5	26.11	26.06	24.3
Total Common Shares Outstanding	25.57	25.57	26.5	26.11	25.57	24.11
Working Capital	-96.5	227.2	20.8	-314.5	99.2	-6.1
Book Value Per Share	17.74	18.19	26.25	31.17	25.97	20.41
Tangible Book Value	320.9	632.4	548.6	662	503.8	326.2
Tangible Book Value Per Share	12.55	12.89	20.70	25.36	19.70	13.53
Construction In Progress	-	48.3	52.6	1,423	1,222	818.5

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