M Vest Water AS Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	-	1.24	5.48	34.82	80.37
Cash & Short-Term Investments	-	1.24	5.48	34.82	80.37
Cash Growth	-	-77.30%	-84.26%	-56.67%	2003.35%
Accounts Receivable	7.44	3.05	1.7	0.6	0
Other Receivables	0.78	1.4	1.4	1.39	1.11
Receivables	8.22	4.45	3.1	1.98	1.11
Inventory	2.76	0.99	0.74	1.25	0.53
Other Current Assets	0	-0	-	-	-
Total Current Assets	10.98	6.69	9.32	38.06	82.01
Property, Plant & Equipment	17.62	13.07	14.49	15.72	12.36
Other Intangible Assets	9.16	8.2	6.93	5.91	4.34
Long-Term Deferred Charges	14.2	13.06	10.21	7.53	4.05
Other Long-Term Assets	0.13	0.07	1.73	-	-
Total Assets	52.08	41.09	42.67	67.22	102.76
Accounts Payable	2.77	3.03	1.41	2.22	3.15
Accrued Expenses	2.07	1.89	2.13	1.09	4.4
Short-Term Debt	-	-	2	-	-
Current Portion of Long-Term Debt	0.97	0.75	1	1.29	1.39
Current Portion of Leases	-	1.77	-	-	1.11
Other Current Liabilities	6.84	1.91	6.31	3.6	2.35
Total Current Liabilities	12.64	9.34	12.86	8.2	12.39
Long-Term Debt	-	-	0.75	1.75	3.04
Long-Term Leases	7.12	1.29	-	-	3.92
Other Long-Term Liabilities	-	0.14	2.04	2.77	-
Total Liabilities	19.76	10.78	15.65	12.72	19.36
Common Stock	0.08	0.07	0.07	0.07	0.07
Additional Paid-In Capital	29.55	28.38	26.1	54.45	83.34
Comprehensive Income & Other	2.69	1.86	0.86	-0.01	-
Shareholders' Equity	32.32	30.31	27.03	54.5	83.4
Total Liabilities & Equity	52.08	41.09	42.67	67.22	102.76
Total Debt	8.09	3.82	3.75	3.04	9.46
Net Cash (Debt)	-8.09	-2.57	1.73	31.78	70.91
Net Cash Growth	-	-	-94.55%	-55.18%	-
Net Cash Per Share	-0.24	-0.08	0.06	1.09	2.43
Filing Date Shares Outstanding	35.3	32.72	29.2	29.2	29.2
Total Common Shares Outstanding	35.3	32.72	29.2	29.2	29.2
Working Capital	-1.66	-2.66	-3.54	29.86	69.62
Book Value Per Share	0.92	0.93	0.93	1.87	2.86
Tangible Book Value	23.16	22.11	20.1	48.59	79.07
Tangible Book Value Per Share	0.66	0.68	0.69	1.66	2.71
Machinery	13.85	13.53	12.64	12.67	7.54

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.