Måsøval AS Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	29.48	103.39	20.67	9.57	38.47	121.25
Cash & Short-Term Investments	29.48	103.39	20.67	9.57	38.47	121.25
Cash Growth	-57.04%	400.21%	116.02%	-75.13%	-68.27%	464.59%
Accounts Receivable	169.23	83.82	436.65	427.76	173.77	193.57
Other Receivables	133.35	132.65	73.54	97.81	82.23	49.83
Total Trade Receivables	302.58	216.47	510.19	525.57	256	243.4
Inventory	1,040	1,060	1,159	1,142	1,198	725.7
Other Current Assets	21.87	22.86	11.95	-	-	-
Total Current Assets	1,372	1,380	1,689	1,677	1,492	1,090
Net Property, Plant & Equipment	2,200	2,304	2,051	1,971	1,995	1,855
Other Intangible Assets	2,069	2,069	2,069	2,069	2,069	2,069
Goodwill	427.26	427.26	427.26	428.39	428.39	438.96
Long-Term Investments	15.33	15.33	0.01	0.01	0.01	0.54
Other Long-Term Assets	0.25	31.25	31.32	0.26	0.42	3.75
Total Assets	4,983	5,075	5,242	5,160	4,987	4,530
Accounts Payable	456.75	413.55	330.85	355.24	221.56	175.8
Short-Term Debt	431.91	391.2	457.07	1,503	-	-
Current Portion of Leases	157.46	160.53	107.11	150.2	130.81	103.7
Other Current Liabilities	139.32	153.77	104.54	267.31	184.68	100.99
Total Current Liabilities	1,185	1,119	999.57	2,275	954.53	695.27
Long-Term Debt	1,294	1,324	1,423	-	1,568	1,875
Long-Term Leases	390.31	425.86	323.44	294.94	328.14	301.63
Other Long-Term Liabilities	347.21	388.66	624.44	795.63	564.45	487.16
Total Long-Term Liabilities	2,031	2,139	2,371	1,091	2,043	2,349
Total Liabilities	3,216	3,258	3,371	3,366	2,998	3,044
Common Stock	30.63	30.63	30.63	30.63	30.63	30.63
Additional Paid-in Capital	-	-	872.43	872.43	872.43	872.43
Retained Earnings	1,711	1,762	938.82	852.72	1,050	551.92
Total Common Shareholders' Equity	1,742	1,792	1,842	1,756	1,953	1,455
Minority Interest	25.05	24.71	29.57	38.5	36	30.69
Shareholders' Equity	1,767	1,817	1,871	1,794	1,989	1,486
Total Liabilities & Equity	4,983	5,075	5,242	5,160	4,987	4,530
Total Debt	2,273	2,302	2,311	1,948	2,027	2,280
Net Cash (Debt)	-2,244	-2,198	-2,290	-1,938	-1,989	-2,159
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-18.32	-17.94	-18.69	-15.82	-16.23	-20.73
Book Value	1,742	1,792	1,842	1,756	1,953	1,455
Book Value Per Share	14.22	14.63	15.03	14.33	15.94	13.97
Tangible Book Value	-754.13	-703.7	-654.16	-741.38	-544.18	-1,053
Tangible Book Value Per Share	-6.16	-5.74	-5.34	-6.05	-4.44	-10.11