Hexagon Composites ASA (OSL: HEX)

Hexagon Composites ASA Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	335.74	144.55	704.26	591.27	1,641	169.34
Cash & Short-Term Investments	335.74	144.55	704.26	591.27	1,641	169.34
Cash Growth	46.73%	-79.48%	19.11%	-63.97%	869.12%	28.28%
Accounts Receivable	528.36	551.36	874.89	884.56	451.27	442.52
Other Receivables	-	36.63	6.96	32.52	18.88	12.13
Receivables	528.36	587.98	881.85	917.08	470.15	454.66
Inventory	1,063	1,110	1,546	1,147	740	783.67
Prepaid Expenses	-	58.33	82.75	118.22	106.91	27.26
Restricted Cash	-	9.8	9.28	8.94	8.77	8.31
Other Current Assets	204.37	45.8	99.07	31.71	66.06	42.47
Total Current Assets	2,131	1,957	3,324	2,814	3,033	1,486
Property, Plant & Equipment	1,130	1,314	1,810	1,293	1,014	1,088
Long-Term Investments	1,411	1,225	53.27	7.4	80.9	45.51
Goodwill	1,254	1,233	1,717	1,573	1,370	1,370
Other Intangible Assets	546.83	552.73	853.76	811.74	664.5	703.51
Long-Term Deferred Tax Assets	14.96	19.01	-	13.68	1.78	130.96
Other Long-Term Assets	13.09	127.94	146.37	2.49	1.09	4.13
Total Assets	6,684	6,428	7,904	6,515	6,165	4,828
Accounts Payable	391.56	384.02	572.57	392.75	290.37	307.24
Accrued Expenses	-	287.84	343.15	320.15	257.02	265.1
Short-Term Debt	-	-	-	9.22	-	2.86
Current Portion of Long-Term Debt	-	1,108	234.67	4.41	-	-
Current Portion of Leases	73.01	61.87	70.57	62.46	45.15	47.7
Current Income Taxes Payable	47.42	65.84	53.06	47.2	118.4	53.88
Current Unearned Revenue	151.43	332.66	548.64	277.66	51.67	94.54
Other Current Liabilities	380.13	444.92	177.61	66.75	176.4	72.72
Total Current Liabilities	1,044	2,686	2,000	1,181	938.99	844.03
Long-Term Debt	1,089	-	1,699	1,247	1,206	1,298
Long-Term Leases	309.04	387.26	481.02	230.28	230.56	246.93
Long-Term Deferred Tax Liabilities	107.01	131.02	206.37	247.16	187.36	278.28
Other Long-Term Liabilities	368.87	8.59	45.92	120.79	2.16	4.5
Total Liabilities	2,918	3,214	4,435	3,031	2,569	2,675
Common Stock	20.16	20.16	20.16	20.16	20.16	18.33
Additional Paid-In Capital	706.54	887.22	2,208	2,174	2,146	1,252
Treasury Stock	-0.06	-0.14	-0.07	-0.09	-0.19	-0.2
Comprensive Income & Other	3,039	2,307	763.46	911.99	1,018	882.98
Total Common Equity	3,766	3,214	2,992	3,106	3,184	2,153
Minority Interest	-	-	476.9	378.01	411.9	-
Shareholders' Equity	3,766	3,214	3,469	3,484	3,596	2,153
Total Liabilities & Equity	6,684	6,428	7,904	6,515	6,165	4,828
Total Debt	1,471	1,558	2,485	1,554	1,482	1,596
Net Cash (Debt)	-1,135	-1,413	-1,781	-962.58	159.28	-1,426
Net Cash Per Share	-5.80	-6.80	-8.87	-4.81	0.84	-8.25
Filing Date Shares Outstanding	200.58	200.24	200.97	199.85	199.77	181.32
Total Common Shares Outstanding	200.58	200.24	200.97	199.85	199.77	181.32
Working Capital	1,088	-728.73	1,323	1,634	2,094	641.68
Book Value Per Share	18.77	16.05	14.89	15.54	15.94	11.87
Tangible Book Value	1,965	1,428	421.05	721.77	1,150	79.7
Tangible Book Value Per Share	9.80	7.13	2.10	3.61	5.75	0.44
Land	-	123.85	214.45	296.55	189.94	178.2
Machinery	-	1,771	2,084	1,298	1,203	1,093
Construction In Progress	-	-	-	234.69	97.02	164.19

Source: S&P Capital IQ. Standard template. Financial Sources.