Icelandic Salmon AS (OSL:ISLAX)

Icelandic Salmon AS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	5.09	6.9	10.19	1.85	3.74	3.05
Short-Term Investments	-	-	-	0.12	0.12	0.13
Cash & Short-Term Investments	5.09	6.9	10.19	1.98	3.87	3.18
Cash Growth	236.64%	-32.27%	415.12%	-48.86%	21.48%	83.94%
Accounts Receivable	9.94	9.51	13.17	15.03	7.32	6.13
Other Receivables	6.78	3.29	3.8	4.62	2	0.94
Receivables	16.72	12.81	16.97	19.65	9.33	7.07
Inventory	88.7	96.74	69.96	89.19	69.44	58.9
Other Current Assets	-	-	-	-0	-	-0
Total Current Assets	110.5	116.45	97.12	110.82	82.63	69.15
Property, Plant & Equipment	115.28	110.37	104.81	88.12	58.05	46.38
Long-Term Investments	0	0.01	0	-	1.65	1.57
Goodwill	34.74	34.74	34.74	34.74	19.33	19.32
Other Intangible Assets	1.66	1.66	1.63	1.63	0.98	-
Long-Term Deferred Tax Assets	2.25	-	-	-	3.41	3.68
Other Long-Term Assets	-	-0	-	-	4.96	3.97
Total Assets	264.42	263.22	238.29	235.31	171.01	144.07
Accounts Payable	11.5	6.47	8.68	11.7	9.7	9.74
Accrued Expenses	-	9.52	8.89	9.52	5.56	2.75
Short-Term Debt	-	-	-	4.13	-	-
Current Portion of Long-Term Debt	3	3	1.5	2.1	2.08	20.46
Current Portion of Leases	5.02	3.36	0.89	1.19	1.09	0.46
Current Income Taxes Payable	-	-	2.39	1.34	-	-
Other Current Liabilities	9.12	0.01	0.66	0.13	0	1.03
Total Current Liabilities	28.64	22.36	23.01	30.11	18.43	34.45
Long-Term Debt	100.4	79.5	54.5	51.65	38.47	-
Long-Term Leases	10.06	7.8	4.77	5.76	4.8	1.44
Long-Term Deferred Tax Liabilities	-	3.76	3.13	3.58	-	-
Other Long-Term Liabilities	-0	-0	-	-	-	-
Total Liabilities	139.1	113.43	85.41	91.09	61.7	35.89
Common Stock	29.57	29.57	29.57	29.57	29.57	29.57
Additional Paid-In Capital	87.11	88.23	88.23	88.6	90.62	90.62
Retained Earnings	10.98	34.26	37.32	28.5	-8.49	-11.08
Comprehensive Income & Other	-2.34	-2.26	-2.24	-2.46	-2.4	-0.93
Shareholders' Equity	125.33	149.8	152.88	144.22	109.31	108.18
Total Liabilities & Equity	264.42	263.22	238.29	235.31	171.01	144.07
Total Debt	118.48	93.66	61.67	64.82	46.44	22.36
Net Cash (Debt)	-113.39	-86.76	-51.48	-62.84	-42.57	-19.18
Net Cash Per Share	-3.78	-2.80	-1.66	-2.03	-1.37	-0.70
Filing Date Shares Outstanding	30.96	30.96	30.96	30.96	30.96	30.96
Total Common Shares Outstanding	30.96	30.96	30.96	30.96	30.96	30.96
Working Capital	81.86	94.08	74.11	80.71	64.2	34.71
Book Value Per Share	4.05	4.84	4.94	4.66	3.53	3.49
Tangible Book Value	88.93	113.4	116.52	107.85	89	88.86
Tangible Book Value Per Share	2.87	3.66	3.76	3.48	2.87	2.87
Land	-	37.8	36.58	36.31	20.01	9.1
Machinery	-	100.2	92.67	66.88	52.27	-
Construction In Progress	-	7.75	7.72	8.38	4.2	10.87

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