Cavendish Hydrogen ASA (OSL:CAVEN)

Cavendish Hydrogen ASA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	23.3	41.78	7.02
Cash & Short-Term Investments	23.3	41.78	7.02
Cash Growth	-49.68%	495.30%	-
Accounts Receivable	4.4	6.27	10.88
Other Receivables	-	0.28	0.23
Receivables	4.4	6.55	11.12
Inventory	13.6	18.75	27.75
Prepaid Expenses	-	0.2	0.04
Other Current Assets	3.3	3.71	2.38
Total Current Assets	44.6	70.99	48.3
Property, Plant & Equipment	10.1	11.4	11.88
Long-Term Investments	-	-	0.87
Other Intangible Assets	12.2	12.61	8.68
Other Long-Term Assets	0.2	0.21	0.16
Total Assets	67.1	95.2	69.9
Accounts Payable	1.6	2.63	5.57
Accrued Expenses	-	2.33	3.28
Current Portion of Leases	0.3	0.4	0.44
Current Unearned Revenue	1.8	9.12	17.46
Other Current Liabilities	5.3	3.4	3.92
Total Current Liabilities	9	17.88	30.67
Long-Term Debt	1.8	1.86	15.77
Long-Term Leases	0.2	0.36	0.6
Long-Term Unearned Revenue	-	2.01	1.39
Long-Term Deferred Tax Liabilities	-	0.03	0.09
Other Long-Term Liabilities	1.6	-	0.01
Total Liabilities	12.6	22.15	48.53
Common Stock	5.9	5.89	-
Additional Paid-In Capital	87.4	87.3	-
Retained Earnings	-42.1	-21.81	19.33
Comprehensive Income & Other	3.3	1.67	2.04
Shareholders' Equity	54.5	73.05	21.36
Total Liabilities & Equity	67.1	95.2	69.9
Total Debt	2.3	2.62	16.81
Net Cash (Debt)	21	39.16	-9.79
Net Cash Per Share	0.62	1.16	-0.29
Filing Date Shares Outstanding	33.62	33.62	33.67
Total Common Shares Outstanding	33.62	33.62	33.67
Working Capital	35.6	53.11	17.62
Book Value Per Share	1.62	2.17	0.63
Tangible Book Value	42.3	60.45	12.68
Tangible Book Value Per Share	1.26	1.80	0.38
Buildings	-	9.01	8.57
Machinery	-	9.52	8.41
Order Backlog	-	17.41	32.4

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