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
Cash & Short-Term Investments	199.11	250.43	151.98	223.85	375.89
Cash Growth	-20.49%	64.78%	-32.11%	-40.45%	1005.06%
Accounts Receivable	278.68	152.28	64.86	93.13	91.13
Other Receivables	10.89	20.48	20.36	31.52	4.58
Receivables	289.58	172.77	85.23	124.64	95.71
Inventory	32.3	33.85	36.34	26.46	20.58
Other Current Assets	61.94	48.03	53.06	19.27	10.07
Total Current Assets	582.93	505.08	326.61	394.22	502.25
Property, Plant & Equipment	10.64	11.03	10.44	6.18	3.44
Long-Term Investments	-	-	-	2.01	0.13
Long-Term Deferred Charges	76.08	85.06	90.28	77.29	82.68
Other Long-Term Assets	0.23	0.16	0.14	0.13	-
Total Assets	669.88	601.33	427.47	479.83	588.5
Accounts Payable	99.53	89.32	43.96	40.18	52.77
Accrued Expenses	46.4	42.61	42.67	51.08	45.48
Current Income Taxes Payable	-	-	0.69	-	3.22
Other Current Liabilities	427.98	367.14	210.02	220.04	260.58
Total Current Liabilities	573.92	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	4.32	2.01	7.45	8.25	7.33
Other Long-Term Liabilities	3.54	3.72	4.69	1.54	0.12
Total Liabilities	581.82	514.83	336.3	367.29	436.03
Common Stock	35	35	35	35	35
Additional Paid-In Capital	87.2	87.2	87.2	87.2	87.2
Retained Earnings	-34.05	-35.43	-30	-10.59	24.66
Treasury Stock	-	-	-3.34	-1.64	-1.82
Total Common Equity	88.15	86.78	88.86	109.98	145.05
Minority Interest	-0.09	-0.28	2.31	2.56	7.43
Shareholders' Equity	88.06	86.5	91.17	112.54	152.48
Total Liabilities & Equity	669.88	601.33	427.47	479.83	588.5
Total Debt	0.05	10.04	26.82	46.19	66.53
Net Cash (Debt)	199.06	240.39	125.16	177.66	309.36
Net Cash Growth	-17.19%	92.07%	-29.55%	-42.57%	1372.08%
Net Cash Per Share	5.70	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	9.01	6.01	29.27	82.91	140.2
Book Value Per Share	2.52	2.48	2.81	3.30	4.16
Tangible Book Value	88.15	86.78	88.86	109.98	145.05
Tangible Book Value Per Share	2.52	2.48	2.81	3.30	4.16
Machinery	29.95	26.75	22.84	15.05	23.72

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