General Oceans ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	840.13	341.36	281.63	172.65	153.82	84.78
Short-Term Investments	-	1.94	1.26	1.64	3.43	-
Cash & Short-Term Investments	840.13	343.29	282.89	174.29	157.25	84.78
Cash Growth	434.26%	21.35%	62.31%	10.84%	85.47%	-27.86%
Accounts Receivable	213.77	180.39	155.6	127.6	111.74	60.29
Other Receivables	62.31	18.32	17.92	12.15	14.94	10.34
Receivables	276.08	198.71	173.52	139.75	126.68	70.62
Inventory	238.82	243.82	234.53	205.74	115.2	64.21
Prepaid Expenses	-	33.66	17.43	12.51	15.91	-
Other Current Assets	-	6.34	-	3.57	-	-
Total Current Assets	1,355	825.82	708.37	535.87	415.04	219.62
Property, Plant & Equipment	203.38	211.65	264.77	235.26	155.17	25.39
Long-Term Investments	10.02	-	-	0.27	0.46	0.11
Goodwill	106.76	110.39	116.26	79.61	183.93	169.44
Other Intangible Assets	150.69	157.64	198.33	168.29	167.85	2.54
Long-Term Deferred Tax Assets	34.33	42.11	24.12	7.36	3.26	1.58
Long-Term Deferred Charges	-	3.83	4.42	4.11	-	-
Other Long-Term Assets	1.48	0.97	-	3.38	1.93	12.38
Total Assets	1,862	1,352	1,316	1,046	939.53	431.06
Accounts Payable	58.13	45.65	52.15	60.34	32.79	43.21
Accrued Expenses	57.92	72.33	67.38	49.6	53.18	13.33
Current Portion of Long-Term Debt	80.02	70.96	144.42	14.07	20.35	-
Current Portion of Leases	17.11	17.49	15.12	13.24	6.54	-
Current Income Taxes Payable	10.67	32.62	33.02	17.97	18.71	12.87
Current Unearned Revenue	211.39	166.81	96.34	20.98	21.69	-
Other Current Liabilities	157.32	127.52	11.13	4.89	19.92	17.82
Total Current Liabilities	592.55	533.38	419.55	181.08	173.17	87.23
Long-Term Debt	-	0.83	39.61	128.54	180.28	40.93
Long-Term Leases	65.91	70.35	77.28	67.19	59.73	-
Long-Term Unearned Revenue	-	-	-	0.64	-	-
Long-Term Deferred Tax Liabilities	37.49	40.01	46.94	43.75	39.25	-
Other Long-Term Liabilities	0.6	-	14.49	-	-	0
Total Liabilities	696.55	644.57	597.87	421.2	452.43	128.16
Common Stock	6.54	5.73	5.62	5.57	4.86	0.26
Additional Paid-In Capital	1,019	549.02	549.13	535.12	325.86	272.02
Retained Earnings	181.76	175.48	50.4	21.22	118.74	30.63
Treasury Stock	-97.48	-98.98	-	-	-	-
Comprehensive Income & Other	55.69	76.6	113.25	63.38	37.64	-
Total Common Equity	1,165	707.84	718.39	625.28	487.09	302.9
Shareholders' Equity	1,165	707.84	718.39	625.28	487.09	302.9
Total Liabilities & Equity	1,862	1,352	1,316	1,046	939.53	431.06
Total Debt	163.04	159.63	276.43	223.03	266.89	40.93
Net Cash (Debt)	677.09	183.66	6.46	-48.73	-109.64	43.85
Net Cash Growth	-	2743.52%	-	-	-	-62.57%
Net Cash Per Share	4.04	1.09	0.04	-0.33	-0.75	0.33
Filing Date Shares Outstanding	187.61	163.8	168.44	167.1	145.75	134.09
Total Common Shares Outstanding	187.61	163.8	168.44	167.1	145.75	134.09
Working Capital	762.48	292.44	288.81	354.79	241.87	132.39
Book Value Per Share	6.21	4.32	4.27	3.74	3.34	2.26
Tangible Book Value	907.69	439.81	403.8	377.38	135.32	130.92
Tangible Book Value Per Share	4.84	2.69	2.40	2.26	0.93	0.98
Land	-	80.09	136.88	121.86	63.97	-
Machinery	-	178.96	159.11	135.02	105.59	61.47
Order Backlog	-	587.2	585.7	-	-	-