Borgestad ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 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	133.27	220.46	152.69	91.06	35.15	47.89
Cash & Short-Term Investments	133.27	220.46	152.69	91.06	35.15	47.89
Cash Growth	0.70%	44.39%	67.68%	159.05%	-26.60%	-42.93%
Accounts Receivable	278.63	140.43	184.85	206.58	161.83	137.86
Other Receivables	19.69	3.93	-	10.52	8.58	11.58
Receivables	298.31	144.36	184.85	217.09	170.4	149.44
Inventory	143.4	126.25	118.73	147.28	138.32	157.59
Restricted Cash	-	-	-	-	13.19	14.04
Other Current Assets	14.33	19.95	20.65	-	0	-
Total Current Assets	589.32	511.02	476.92	455.43	357.06	368.95
Property, Plant & Equipment	95.42	90.92	88.86	120.73	118.55	149.65
Long-Term Investments	-	-	-	1.85	4.25	31.92
Goodwill	100.22	90.08	90.11	87.17	87.92	90.75
Other Intangible Assets	11.67	26.03	28.5	1.17	1.22	-
Long-Term Deferred Tax Assets	21.66	8.94	13.73	17.62	30.48	9.86
Other Long-Term Assets	725.47	735.8	708.26	782.58	832.14	883.02
Total Assets	1,544	1,463	1,406	1,467	1,432	1,534
Accounts Payable	69.96	68.49	64.02	83.63	67.81	67.65
Accrued Expenses	46.34	88.22	72.86	57.05	68.56	68.82
Short-Term Debt	58.57	-	24.1	58.54	264.89	81.34
Current Portion of Long-Term Debt	52.45	51.9	60.04	30.53	105.08	119.29
Current Portion of Leases	15.17	16.99	12.64	8.87	8.41	7.47
Current Income Taxes Payable	12	11.93	12.15	1.68	1.31	2.17
Other Current Liabilities	97.09	23.1	27.18	104.42	36.68	37.93
Total Current Liabilities	351.57	260.62	272.98	344.72	552.74	384.67
Long-Term Debt	342.81	343.6	335.74	576.84	417.97	713.8
Long-Term Leases	27.74	24.73	27.45	29.01	23.96	19.26
Pension & Post-Retirement Benefits	5.88	5.81	6.37	5.99	5.51	6.3
Long-Term Deferred Tax Liabilities	3.38	8.29	7.99	1.5	12.86	12.36
Other Long-Term Liabilities	21.95	10.71	-	0.63	79.3	14.01
Total Liabilities	753.32	653.77	650.54	958.69	1,092	1,150
Common Stock	35.06	35.06	350.62	152.49	12.73	127.25
Additional Paid-In Capital	613.63	641.68	326.12	335.38	223.53	109.01
Retained Earnings	-98.45	-106.89	-147.93	-171.69	-62.47	-42
Treasury Stock	-	-	-	-0.08	-0.08	-0.08
Comprehensive Income & Other	164.29	158.98	153.76	137.11	107.73	125.56
Total Common Equity	714.53	728.83	682.57	453.21	281.44	319.75
Minority Interest	75.89	80.2	73.27	54.67	57.86	64.01
Shareholders' Equity	790.42	809.03	755.84	507.87	339.3	383.76
Total Liabilities & Equity	1,544	1,463	1,406	1,467	1,432	1,534
Total Debt	496.73	437.22	459.98	703.79	820.3	941.16
Net Cash (Debt)	-363.46	-216.75	-307.29	-612.73	-785.15	-893.27
Net Cash Per Share	-10.32	-6.18	-36.15	-218.55	-2469.62	-2810.12
Filing Date Shares Outstanding	35.06	35.06	35.06	3.81	0.32	0.32
Total Common Shares Outstanding	35.06	35.06	35.06	3.81	0.32	0.32
Working Capital	237.75	250.4	203.93	110.71	-195.68	-15.71
Book Value Per Share	20.38	20.79	19.47	118.89	884.69	1005.10
Tangible Book Value	602.64	612.72	563.97	364.87	192.3	228.99
Tangible Book Value Per Share	17.19	17.48	16.08	95.71	604.48	719.83
Land	-	14.77	18.67	-	-	-
Buildings	-	-	-	79.03	85.51	139.27
Machinery	-	274.08	267.18	244.87	285.64	308.09
Construction In Progress	-	0.19	4.62	25.81	17.07	7.71

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.