Cavendish Hydrogen ASA (OSL: CAVEN)

Cavendish Hydrogen ASA Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	76.29	58.14	41.86	26.21	46.36	36.33
Cash & Short-Term Investments	76.29	58.14	41.86	26.21	46.36	36.33
Cash Growth	47.40%	38.91%	59.73%	-43.47%	27.60%	-4.26%
Accounts Receivable	26.5	22.47	27.46	19.57	16.12	20.43
Other Receivables	-	1.72	6.47	7.98	6.99	1.25
Receivables	26.5	24.19	33.93	27.56	23.1	21.67
Inventory	1.25	1.85	1.27	1.03	0.77	0.88
Prepaid Expenses	-	1.46	1.03	1.02	-	-
Other Current Assets	-	1.01	-0	31.75	3.58	0.45
Total Current Assets	104.04	86.66	78.08	87.56	73.81	59.33
Property, Plant & Equipment	6.78	9.24	8.86	13.74	8.1	12.14
Other Intangible Assets	4.65	6.33	9.54	8.62	23.72	20.82
Long-Term Deferred Tax Assets	-	-	0.33	0.25	-	-
Other Long-Term Assets	0.97	0.93	0.93	0.46	0.39	0.52
Total Assets	116.44	103.16	97.74	110.63	106.02	92.81
Accounts Payable	-	5.35	3.34	10.23	2.32	3.84
Accrued Expenses	-	11.51	9.92	17.62	11.19	9.53
Current Portion of Leases	2.41	3.67	2.55	4.23	3.49	3.91
Current Income Taxes Payable	-	1.18	7.68	1.33	2.49	0.5
Current Unearned Revenue	-	0.65	2.59	0.48	1.4	1.74
Other Current Liabilities	23.38	1.01	3.12	33.94	0.88	0.87
Total Current Liabilities	25.78	23.37	29.18	67.83	21.77	20.38
Long-Term Leases	0.41	1.51	1.88	4.85	1.59	4.73
Long-Term Deferred Tax Liabilities	0.38	0.45	0.15	0.15	2.88	1.56
Other Long-Term Liabilities	-	0	0	-	-0	-
Total Liabilities	26.57	25.33	31.21	72.83	26.24	26.68
Common Stock	89.87	2.08	2.08	2.08	2.08	2.08
Additional Paid-In Capital	-	2.86	2.86	2.86	2.86	2.86
Retained Earnings	-	71.74	62.22	33.13	72.52	60.43
Comprehensive Income & Other	-	1.14	-0.64	-0.28	2.32	0.75
Shareholders' Equity	89.87	77.83	66.53	37.8	79.78	66.14
Total Liabilities & Equity	116.44	103.16	97.74	110.63	106.02	92.81
Total Debt	2.82	5.18	4.43	9.09	5.08	8.64
Net Cash (Debt)	73.48	52.96	37.43	17.12	41.27	27.69
Net Cash Growth	65.28%	41.50%	118.65%	-58.52%	49.06%	-27.03%
Net Cash Per Share	-	0.68	0.48	0.22	0.53	0.36
Filing Date Shares Outstanding	-	77.37	77.37	77.37	77.37	77.37
Total Common Shares Outstanding	-	77.37	77.37	77.37	77.37	77.37
Working Capital	78.26	63.28	48.9	19.73	52.04	38.95
Book Value Per Share	-	1.01	0.86	0.49	1.03	0.85
Tangible Book Value	85.21	71.5	56.99	29.18	56.06	45.31
Tangible Book Value Per Share	-	0.92	0.74	0.38	0.72	0.59
Machinery	-	14.14	13.47	12.29	10.93	10.47

Source: S&P Capital IQ. Standard template. Financial Sources.