Norcod AS Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	9.9	22.53	18.78	3.41	29.42	218.27
Cash & Short-Term Investments	9.9	22.53	18.78	3.41	29.42	218.27
Cash Growth	-74.07%	20.00%	450.32%	-88.40%	-86.52%	-
Receivables	18.73	32.72	46.34	46.43	49.41	43.02
Inventory	11.38	13.24	8.09	8.71	4.81	132.05
Other Current Assets	176.1	264.42	272.05	206.76	235.92	-
Total Current Assets	216.12	332.91	345.27	265.31	319.55	393.33
Property, Plant & Equipment	328.38	339.06	347.02	200.52	163.34	48.17
Long-Term Investments	0	0	0.51	34.01	35.59	16
Other Intangible Assets	2	2	2	2	8.04	5.9
Other Long-Term Assets	-0	0	-0	-0	-	0.89
Total Assets	547.37	673.98	694.79	541.85	556.52	464.31
Accounts Payable	46.26	119.98	135.86	114.26	88.23	13.5
Short-Term Debt	-	188.06	119.36	-	-	-
Current Portion of Long-Term Debt	137.05	17.21	-	158.15	-	-
Current Portion of Leases	30.9	34.66	32.64	16.28	15.95	-
Other Current Liabilities	2.6	29.8	28.66	15.54	10.9	-6.06
Total Current Liabilities	216.81	389.71	316.52	304.23	115.08	7.44
Long-Term Debt	15.94	17.02	29.28	-	74.66	67.95
Long-Term Leases	103.22	111.16	124.18	60.94	57.55	0.81
Other Long-Term Liabilities	-0	0	-0	-	-0	-
Total Liabilities	335.97	517.89	469.99	365.17	247.28	76.2
Common Stock	28.83	21.9	14.71	9.61	8.52	8.52
Additional Paid-In Capital	1,155	1,005	846.04	553.04	386.59	386.59
Retained Earnings	-969.06	-867.25	-632.24	-382.27	-82.16	-7
Treasury Stock	-3.71	-3.71	-3.71	-3.71	-3.71	-
Comprehensive Income & Other	-0	-	-0	0	-	-
Shareholders' Equity	211.41	156.09	224.81	176.68	309.24	388.1
Total Liabilities & Equity	547.37	673.98	694.79	541.85	556.52	464.31
Total Debt	287.11	368.11	305.46	235.37	148.16	68.76
Net Cash (Debt)	-277.21	-345.57	-286.69	-231.95	-118.74	149.52
Net Cash Per Share	-	-8.61	-12.27	-12.09	-6.19	-
Filing Date Shares Outstanding	-	43.76	43.76	19.18	19.18	-
Total Common Shares Outstanding	-	43.76	29.39	19.18	19.18	-
Working Capital	-0.69	-56.8	28.75	-38.92	204.48	385.89
Book Value Per Share	-	3.57	7.65	9.21	16.12	-
Tangible Book Value	208.54	154.09	222.81	174.68	301.2	382.2
Tangible Book Value Per Share	-	3.52	7.58	9.11	15.70	-
Land	-	34.66	34.17	3.09	-	-
Machinery	-	183.32	169.83	79.35	55.25	22.29

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