Hexagon Composites ASA (OSL:HEX)

Hexagon Composites ASA Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	302.3	154.35	704.26	591.27	1,641
Cash & Short-Term Investments	302.3	154.35	704.26	591.27	1,641
Cash Growth	95.85%	-78.08%	19.11%	-63.97%	869.12%
Accounts Receivable	742.86	551.36	874.89	884.56	451.27
Other Receivables	0.03	36.63	6.96	32.52	18.88
Receivables	742.89	587.98	881.85	917.08	470.15
Inventory	1,192	1,110	1,546	1,147	740
Prepaid Expenses	57.1	58.33	82.75	118.22	106.91
Restricted Cash	-	-	9.28	8.94	8.77
Other Current Assets	151.21	45.8	99.07	31.71	66.06
Total Current Assets	2,445	1,957	3,324	2,814	3,033
Property, Plant & Equipment	1,443	1,314	1,810	1,293	1,014
Long-Term Investments	1,219	1,251	53.27	7.4	80.9
Goodwill	1,338	1,233	1,717	1,573	1,370
Other Intangible Assets	588.26	552.73	853.76	811.74	664.5
Long-Term Deferred Tax Assets	33.2	19.01	-	13.68	1.78
Other Long-Term Assets	10.33	2.27	146.37	2.49	1.09
Total Assets	7,077	6,428	7,904	6,515	6,165
Accounts Payable	389.3	384.02	572.57	392.75	290.37
Accrued Expenses	294.15	287.84	343.15	320.15	257.02
Short-Term Debt	201.5	11.26	-	9.22	-
Current Portion of Long-Term Debt	-	1,097	234.67	4.41	-
Current Portion of Leases	60.52	61.87	70.57	62.46	45.15
Current Income Taxes Payable	6.15	65.84	53.06	47.2	118.4
Current Unearned Revenue	164.29	332.66	548.64	277.66	51.67
Other Current Liabilities	160.8	444.92	177.61	66.75	176.4
Total Current Liabilities	1,277	2,686	2,000	1,181	938.99
Long-Term Debt	1,092	-	1,699	1,247	1,206
Long-Term Leases	541.06	387.26	481.02	230.28	230.56
Long-Term Deferred Tax Liabilities	163.78	131.02	206.37	247.16	187.36
Other Long-Term Liabilities	471.03	8.59	45.92	120.79	2.16
Total Liabilities	3,545	3,214	4,435	3,031	2,569
Common Stock	21.01	20.16	20.16	20.16	20.16
Additional Paid-In Capital	996.23	706.54	2,076	2,174	2,146
Treasury Stock	-0.04	-0.14	-0.07	-0.09	-0.19
Comprehensive Income & Other	2,516	2,487	895.81	911.99	1,018
Total Common Equity	3,533	3,214	2,992	3,106	3,184
Minority Interest	-	-	476.9	378.01	411.9
Shareholders' Equity	3,533	3,214	3,469	3,484	3,596
Total Liabilities & Equity	7,077	6,428	7,904	6,515	6,165
Total Debt	1,895	1,558	2,485	1,554	1,482
Net Cash (Debt)	-1,593	-1,403	-1,781	-962.58	159.28
Net Cash Per Share	-7.77	-7.00	-8.87	-4.81	0.84
Filing Date Shares Outstanding	209.67	200.24	200.97	199.85	199.77
Total Common Shares Outstanding	209.67	200.24	200.97	199.85	199.77
Working Capital	1,169	-728.73	1,323	1,634	2,094
Book Value Per Share	16.85	16.05	14.89	15.54	15.94
Tangible Book Value	1,606	1,428	421.05	721.77	1,150
Tangible Book Value Per Share	7.66	7.13	2.10	3.61	5.75
Land	110.33	123.85	214.45	296.55	189.94
Machinery	1,365	1,428	2,084	1,298	1,203
Construction In Progress	65.48	342.17	-	234.69	97.02

Updated Feb 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.