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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	516.89	144.55	704.26	591.27	1,641	169.34
Cash & Short-Term Investments	516.89	144.55	704.26	591.27	1,641	169.34
Cash Growth	215.94%	-79.48%	19.11%	-63.97%	869.12%	28.28%
Accounts Receivable	597.51	551.36	874.89	884.56	451.27	442.52
Other Receivables	-	36.63	6.96	32.52	18.88	12.13
Receivables	597.51	587.98	881.85	917.08	470.15	454.66
Inventory	1,252	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	181.34	45.8	99.07	31.71	66.06	42.47
Total Current Assets	2,548	1,957	3,324	2,814	3,033	1,486
Property, Plant & Equipment	1,368	1,314	1,810	1,293	1,014	1,088
Long-Term Investments	1,819	1,225	53.27	7.4	80.9	45.51
Goodwill	1,241	1,233	1,717	1,573	1,370	1,370
Other Intangible Assets	528.71	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	-448.49	127.94	146.37	2.49	1.09	4.13
Total Assets	7,284	6,428	7,904	6,515	6,165	4,828
Accounts Payable	465.71	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	47.66	61.87	70.57	62.46	45.15	47.7
Current Income Taxes Payable	50.09	65.84	53.06	47.2	118.4	53.88
Current Unearned Revenue	101.93	332.66	548.64	277.66	51.67	94.54
Other Current Liabilities	459.13	444.92	177.61	66.75	176.4	72.72
Total Current Liabilities	1,125	2,686	2,000	1,181	938.99	844.03
Long-Term Debt	1,090	-	1,699	1,247	1,206	1,298
Long-Term Leases	528.06	387.26	481.02	230.28	230.56	246.93
Long-Term Deferred Tax Liabilities	128.84	131.02	206.37	247.16	187.36	278.28
Other Long-Term Liabilities	347.83	8.59	45.92	120.79	2.16	4.5
Total Liabilities	3,220	3,214	4,435	3,031	2,569	2,675
Common Stock	21.01	20.16	20.16	20.16	20.16	18.33
Additional Paid-In Capital	996.23	887.22	2,208	2,174	2,146	1,252
Treasury Stock	-0.05	-0.14	-0.07	-0.09	-0.19	-0.2
Comprehensive Income & Other	3,047	2,307	763.46	911.99	1,018	882.98
Total Common Equity	4,064	3,214	2,992	3,106	3,184	2,153
Minority Interest	-	-	476.9	378.01	411.9	-
Shareholders' Equity	4,064	3,214	3,469	3,484	3,596	2,153
Total Liabilities & Equity	7,284	6,428	7,904	6,515	6,165	4,828
Total Debt	1,666	1,558	2,485	1,554	1,482	1,596
Net Cash (Debt)	-1,149	-1,413	-1,781	-962.58	159.28	-1,426
Net Cash Per Share	-5.94	-6.80	-8.87	-4.81	0.84	-8.25
Filing Date Shares Outstanding	201	200.24	200.97	199.85	199.77	181.32
Total Common Shares Outstanding	201	200.24	200.97	199.85	199.77	181.32
Working Capital	1,423	-728.73	1,323	1,634	2,094	641.68
Book Value Per Share	20.22	16.05	14.89	15.54	15.94	11.87
Tangible Book Value	2,294	1,428	421.05	721.77	1,150	79.7
Tangible Book Value Per Share	11.41	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.