Cavendish Hydrogen ASA (OSL:CAVEN)

Cavendish Hydrogen ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	16.5	-	41.78	7.02	2.66	5.86
Cash & Short-Term Investments	16.5	-	41.78	7.02	2.66	5.86
Cash Growth	-52.17%	-	495.30%	164.33%	-54.71%	-
Accounts Receivable	1.4	1.84	4.84	10.24	23.08	10.99
Inventory	13.5	-	18.75	27.75	22.77	19.26
Other Current Assets	2.4	3.01	5.62	3.29	9.57	6.68
Total Current Assets	33.8	37.96	70.99	48.3	58.07	42.78
Net Property, Plant & Equipment	8.8	9.76	11.4	11.88	12.28	11.66
Other Intangible Assets	10.8	11.21	12.61	8.68	7.95	11.49
Goodwill	-	-	0	0	-	28.2
Long-Term Investments	-	0.1	0.21	1.04	3.96	3.46
Total Assets	53.4	59.02	95.2	69.89	82.27	97.59

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	1.7	2.06	2.63	5.57	13	9.37
Current Portion of Leases	0.2	0.31	0.4	0.44	0.34	0.37
Unearned Revenue	1.1	1.37	9.12	17.46	22.75	10.49
Other Current Liabilities	2.9	3.12	5.73	7.2	12.29	8.96
Total Current Liabilities	5.9	6.85	17.88	30.67	48.38	29.19
Long-Term Debt	1.7	1.72	1.86	15.77	25.65	26.24
Long-Term Leases	0.1	0.12	0.36	0.6	0.33	0.3
Other Long-Term Liabilities	1.6	0	2.43	2.18	2.17	3.07
Total Long-Term Liabilities	3.3	3.49	4.26	17.86	28.14	29.61
Total Liabilities	9.2	10.34	22.15	48.53	76.52	58.8

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	-	5.89	5.89	0	-	-
Treasury Stock	-	0.04	0.04	0	-	-
Additional Paid-in Capital	-	87.3	87.3	0	-	-
Accumulated Other Comprehensive Income	-	3.91	1.64	2.04	1.24	0.2
Retained Earnings	-	-48.45	-21.81	19.33	4.51	38.59
Shareholders' Equity	44.2	48.68	73.05	21.36	5.75	38.79
Total Liabilities & Equity	53.4	59.02	95.2	69.9	82.27	97.59

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2	2.15	2.62	16.81	26.32	26.91
Net Cash (Debt)	14.5	-2.15	39.16	-9.79	-23.66	-21.05
Net Cash Growth	-55.25%	-	-	-	-	-
Net Cash Per Share	0.43	-0.06	1.17	-0.29	-	-
Book Value	44.2	48.68	73.05	21.36	5.75	38.79
Book Value Per Share	1.32	1.45	2.17	0.64	-	-
Tangible Book Value	33.4	37.47	60.45	12.68	-2.2	-0.9
Tangible Book Value Per Share	0.99	1.11	1.80	0.38	-	-

Data Source: Fiscal.ai Last updated: May 21, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 4, 2026

Data Sources Report a data error