HAV Group ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	199.11	250.43	151.98	223.85	375.89
Short-Term Investments	0.31	-	-	-	-
Cash & Short-Term Investments	199.42	250.43	151.98	223.85	375.89
Cash Growth	-20.37%	64.78%	-32.11%	-40.45%	1005.06%
Accounts Receivable	293.79	152.28	64.86	93.13	91.13
Other Receivables	72.71	15.02	20.36	31.52	4.58
Receivables	366.5	167.3	85.23	124.64	95.71
Inventory	32.3	33.85	36.34	26.46	20.58
Other Current Assets	-	48.03	53.06	19.27	10.07
Total Current Assets	598.22	499.61	326.61	394.22	502.25
Property, Plant & Equipment	10.64	11.03	10.44	6.18	3.44
Long-Term Investments	-	5.46	-	2.01	0.13
Long-Term Deferred Charges	76.08	85.06	90.28	77.29	82.68
Other Long-Term Assets	0.11	0.16	0.14	0.13	-
Total Assets	685.06	601.33	427.47	479.83	588.5
Accounts Payable	99.53	89.32	43.96	40.18	52.77
Accrued Expenses	15.18	42.61	42.67	51.08	45.48
Current Income Taxes Payable	-	-	0.69	-	3.22
Other Current Liabilities	473.67	367.14	210.02	220.04	260.58
Total Current Liabilities	588.38	499.07	297.34	311.31	362.05
Long-Term Debt	0.05	10.04	26.82	46.19	66.53
Long-Term Deferred Tax Liabilities	1.69	2.01	7.45	8.25	7.33
Other Long-Term Liabilities	3.54	3.72	4.69	1.54	0.12
Total Liabilities	593.66	514.83	336.3	367.29	436.03
Common Stock	122.2	35	35	35	35
Additional Paid-In Capital	-	87.2	87.2	87.2	87.2
Retained Earnings	-30.5	-35.43	-30	-10.59	24.66
Treasury Stock	-	-	-3.34	-1.64	-1.82
Total Common Equity	91.71	86.78	88.86	109.98	145.05
Minority Interest	-0.31	-0.28	2.31	2.56	7.43
Shareholders' Equity	91.39	86.5	91.17	112.54	152.48
Total Liabilities & Equity	685.06	601.33	427.47	479.83	588.5
Total Debt	0.05	10.04	26.82	46.19	66.53
Net Cash (Debt)	199.37	240.39	125.16	177.66	309.36
Net Cash Growth	-17.07%	92.07%	-29.55%	-42.57%	1372.08%
Net Cash Per Share	5.71	6.86	3.21	5.33	8.86
Filing Date Shares Outstanding	35	35	31.66	33.36	34.88
Total Common Shares Outstanding	35	35	31.66	33.36	34.88
Working Capital	9.84	0.55	29.27	82.91	140.2
Book Value Per Share	2.62	2.48	2.81	3.30	4.16
Tangible Book Value	91.71	86.78	88.86	109.98	145.05
Tangible Book Value Per Share	2.62	2.48	2.81	3.30	4.16
Machinery	-	26.75	22.84	15.05	23.72
Order Backlog	1,143	1,227	-	-	-

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