Cavendish Hydrogen ASA Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	16.5	20.2	41.78	7.02
Cash & Short-Term Investments	16.5	20.2	41.78	7.02
Cash Growth	-52.17%	-51.65%	495.30%	-
Accounts Receivable	1.7	1.9	6.27	10.88
Other Receivables	-	0.39	0.28	0.23
Receivables	1.7	2.29	6.55	11.12
Inventory	13.5	12.91	18.75	27.75
Prepaid Expenses	-	0.26	0.2	0.04
Other Current Assets	2.1	2.3	3.71	2.38
Total Current Assets	33.8	37.96	70.99	48.3
Property, Plant & Equipment	8.8	9.76	11.4	11.88
Long-Term Investments	-	-	-	0.87
Other Intangible Assets	10.8	11.21	12.61	8.68
Other Long-Term Assets	-	0.1	0.21	0.16
Total Assets	53.4	59.02	95.2	69.9
Accounts Payable	1.7	2.06	2.63	5.57
Accrued Expenses	-	1.92	2.33	3.28
Current Portion of Leases	0.2	0.31	0.4	0.44
Current Income Taxes Payable	-	0	-	-
Current Unearned Revenue	1.1	1.37	9.12	17.46
Other Current Liabilities	2.9	1.2	3.4	3.92
Total Current Liabilities	5.9	6.85	17.88	30.67
Long-Term Debt	1.7	1.72	1.86	15.77
Long-Term Leases	0.1	0.12	0.36	0.6
Long-Term Unearned Revenue	-	1.65	2.01	1.39
Long-Term Deferred Tax Liabilities	-	-	0.03	0.09
Other Long-Term Liabilities	1.5	0	-	0.01
Total Liabilities	9.2	10.34	22.15	48.53
Common Stock	5.9	5.89	5.89	-
Additional Paid-In Capital	87.3	87.3	87.3	-
Retained Earnings	-54.5	-48.45	-21.81	19.33
Comprehensive Income & Other	5.5	3.95	1.67	2.04
Shareholders' Equity	44.2	48.68	73.05	21.36
Total Liabilities & Equity	53.4	59.02	95.2	69.9
Total Debt	2	2.15	2.62	16.81
Net Cash (Debt)	14.5	18.05	39.16	-9.79
Net Cash Growth	-54.83%	-53.90%	-	-
Net Cash Per Share	0.43	0.54	1.16	-0.29
Filing Date Shares Outstanding	33.6	33.62	33.62	33.67
Total Common Shares Outstanding	33.6	33.62	33.62	33.67
Working Capital	27.9	31.11	53.11	17.62
Book Value Per Share	1.32	1.45	2.17	0.63
Tangible Book Value	33.4	37.47	60.45	12.68
Tangible Book Value Per Share	0.99	1.11	1.80	0.38
Buildings	-	9.12	9.01	8.57
Machinery	-	8.76	9.52	8.41
Order Backlog	-	8.47	17.41	32.4