Borgestad ASA Balance Sheet

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

Millions NOK. 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	152.58	220.46	152.69	91.06	35.15
Cash & Short-Term Investments	152.58	220.46	152.69	91.06	35.15
Cash Growth	-30.79%	44.39%	67.68%	159.05%	-26.60%
Accounts Receivable	158.8	140.43	184.85	206.58	161.83
Other Receivables	12.84	3.93	-	10.52	8.58
Receivables	171.64	144.36	184.85	217.09	170.4
Inventory	138.06	126.25	118.73	147.28	138.32
Restricted Cash	-	-	-	-	13.19
Other Current Assets	29.95	19.95	20.65	-	0
Total Current Assets	492.22	511.02	476.92	455.43	357.06
Property, Plant & Equipment	104.76	90.92	88.86	120.73	118.55
Long-Term Investments	-	-	-	1.85	4.25
Goodwill	110.79	90.08	90.11	87.17	87.92
Other Intangible Assets	11.31	26.03	28.5	1.17	1.22
Long-Term Deferred Tax Assets	15.59	8.94	13.73	17.62	30.48
Other Long-Term Assets	732.19	735.8	708.26	782.58	832.14
Total Assets	1,467	1,463	1,406	1,467	1,432
Accounts Payable	55.47	68.49	64.02	83.63	67.81
Accrued Expenses	87.44	88.22	72.86	57.05	68.56
Short-Term Debt	11.84	-	24.1	58.54	264.89
Current Portion of Long-Term Debt	60.05	51.9	60.04	30.53	105.08
Current Portion of Leases	15.74	16.99	12.64	8.87	8.41
Current Income Taxes Payable	7.15	11.93	12.15	1.68	1.31
Other Current Liabilities	32.33	23.1	27.18	104.42	36.68
Total Current Liabilities	270.01	260.62	272.98	344.72	552.74
Long-Term Debt	339.42	343.6	335.74	576.84	417.97
Long-Term Leases	30.48	24.73	27.45	29.01	23.96
Pension & Post-Retirement Benefits	6.51	5.81	6.37	5.99	5.51
Long-Term Deferred Tax Liabilities	-	8.29	7.99	1.5	12.86
Other Long-Term Liabilities	17.53	10.71	-	0.63	79.3
Total Liabilities	663.94	653.77	650.54	958.69	1,092
Common Stock	35.06	35.06	350.62	152.49	12.73
Additional Paid-In Capital	613.63	641.68	326.12	335.38	223.53
Retained Earnings	-	-	-147.93	-171.69	-62.47
Treasury Stock	-	-	-	-0.08	-0.08
Comprehensive Income & Other	66.45	52.09	153.76	137.11	107.73
Total Common Equity	715.14	728.83	682.57	453.21	281.44
Minority Interest	87.77	80.2	73.27	54.67	57.86
Shareholders' Equity	802.91	809.03	755.84	507.87	339.3
Total Liabilities & Equity	1,467	1,463	1,406	1,467	1,432
Total Debt	457.51	437.22	459.98	703.79	820.3
Net Cash (Debt)	-304.94	-216.75	-307.29	-612.73	-785.15
Net Cash Per Share	-8.70	-6.18	-36.15	-218.55	-2469.62
Filing Date Shares Outstanding	35.06	35.06	35.06	3.81	0.32
Total Common Shares Outstanding	35.06	35.06	35.06	3.81	0.32
Working Capital	222.21	250.4	203.93	110.71	-195.68
Book Value Per Share	20.40	20.79	19.47	118.89	884.69
Tangible Book Value	593.05	612.72	563.97	364.87	192.3
Tangible Book Value Per Share	16.91	17.48	16.08	95.71	604.48
Land	17.83	14.77	18.67	-	-
Buildings	-	-	-	79.03	85.51
Machinery	299.59	274.08	267.18	244.87	285.64
Construction In Progress	3.06	0.19	4.62	25.81	17.07

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