Nel ASA (OSL:NEL)
Norway · Delayed Price · Currency is NOK 2.065
+0.045 (2.23%)
Oct 16, 2026, 4:25 PM CET
Nel ASA Balance Sheet
Financials in millions NOK. Fiscal year is January - December.
Millions NOK. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 | 1,078 | 1,617 | 1,876 | 3,363 | 3,139 | 2,723 |
Short-Term Investments | - | 11.73 | - | 24.01 | 547.16 | 608.1 |
Cash & Short-Term Investments | 1,078 | 1,629 | 1,876 | 3,387 | 3,686 | 3,331 |
Cash Growth | -38.61% | -13.14% | -44.63% | -8.09% | 10.65% | -18.10% |
Accounts Receivable | 308.08 | 308.12 | 724.83 | 862.17 | 557.06 | 390.18 |
Other Receivables | - | 20.69 | 32.03 | 41.62 | 34.04 | 7.9 |
Receivables | 308.08 | 328.81 | 756.87 | 903.8 | 591.1 | 398.08 |
Inventory | 925.14 | 918.79 | 531.75 | 703.99 | 504.6 | 328.47 |
Prepaid Expenses | - | 104.45 | 230.73 | 214.85 | 147.42 | 55.53 |
Restricted Cash | - | - | 2.26 | - | - | - |
Other Current Assets | 146.54 | 5.58 | 10.5 | 166.85 | 48.79 | 31.2 |
Total Current Assets | 2,458 | 2,987 | 3,408 | 5,377 | 4,978 | 4,144 |
Property, Plant & Equipment | 1,131 | 1,190 | 1,664 | 1,306 | 785.49 | 623.51 |
Long-Term Investments | - | 40.16 | 44.36 | 158.79 | 252.61 | 93.14 |
Goodwill | 61.36 | 61.36 | 411.75 | 375.31 | 365.58 | 615.18 |
Other Intangible Assets | 573.76 | 523.09 | 617.42 | 639.74 | 568.88 | 528.96 |
Other Long-Term Assets | 187.75 | 155.17 | 158.91 | 0.57 | 0.35 | 2.05 |
Total Assets | 4,412 | 4,957 | 6,304 | 7,857 | 6,951 | 6,007 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Accounts Payable | 105.5 | 126.8 | 110.74 | 204.86 | 201.74 | 132.96 |
Accrued Expenses | - | 123.4 | 140.48 | 140.57 | 87.34 | 59.04 |
Current Portion of Leases | 39.03 | 42.96 | 44.48 | 38.07 | 30.44 | 19.92 |
Current Unearned Revenue | 344.99 | 372.42 | 583.39 | 715.29 | 672.29 | 360.82 |
Other Current Liabilities | 115.2 | 99.15 | 122.97 | 229.37 | 199.8 | 132.31 |
Total Current Liabilities | 604.72 | 764.73 | 1,002 | 1,328 | 1,192 | 705.05 |
Long-Term Debt | - | - | - | 22.46 | 22.43 | 23.19 |
Long-Term Leases | 170.18 | 190.19 | 215.52 | 199.14 | 170.18 | 113.51 |
Long-Term Unearned Revenue | - | 60.49 | 69.28 | 66.24 | 64.05 | 69.54 |
Long-Term Deferred Tax Liabilities | - | - | 34.81 | 38.44 | 45.53 | 48.54 |
Other Long-Term Liabilities | 195.68 | 8.25 | 5.26 | 4.86 | 7.1 | 8.45 |
Total Liabilities | 970.58 | 1,024 | 1,327 | 1,659 | 1,501 | 968.28 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Common Stock | 367.69 | 367.69 | 334.27 | 334.27 | 312.67 | 292.16 |
Additional Paid-In Capital | 7,914 | 7,914 | 7,599 | 8,661 | 7,098 | 5,596 |
Retained Earnings | -4,904 | -4,507 | -3,242 | -2,998 | -2,143 | -971.64 |
Treasury Stock | -0.08 | -0.08 | -0.08 | -0.08 | -0.08 | -0.08 |
Comprehensive Income & Other | 62.58 | 158.67 | 286.88 | 200.47 | 181.65 | 122.01 |
Shareholders' Equity | 3,441 | 3,933 | 4,977 | 6,198 | 5,450 | 5,039 |
Total Liabilities & Equity | 4,412 | 4,957 | 6,304 | 7,857 | 6,951 | 6,007 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 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 |
Total Debt | 209.21 | 233.15 | 260 | 259.66 | 223.05 | 156.61 |
Net Cash (Debt) | 869.19 | 1,396 | 1,616 | 3,128 | 3,463 | 3,174 |
Net Cash Growth | -42.70% | -13.59% | -48.35% | -9.67% | 9.09% | -19.55% |
Net Cash Per Share | 0.47 | 0.77 | 0.97 | 1.89 | 2.25 | 2.17 |
Filing Date Shares Outstanding | 1,838 | 1,838 | 1,671 | 1,671 | 1,563 | 1,460 |
Total Common Shares Outstanding | 1,838 | 1,838 | 1,671 | 1,671 | 1,563 | 1,460 |
Working Capital | 1,853 | 2,222 | 2,406 | 4,049 | 3,786 | 3,439 |
Book Value Per Share | 1.87 | 2.14 | 2.98 | 3.71 | 3.49 | 3.45 |
Tangible Book Value | 2,806 | 3,349 | 3,948 | 5,183 | 4,515 | 3,895 |
Tangible Book Value Per Share | 1.53 | 1.82 | 2.36 | 3.10 | 2.89 | 2.67 |
Buildings | - | 43.82 | 39.71 | 135.03 | 125.22 | 120.31 |
Machinery | - | 1,537 | 1,352 | 652.97 | 560.29 | 124.55 |
Construction In Progress | - | 230.16 | 336.13 | 552.18 | 81.61 | 348.94 |
Order Backlog | - | 1,319 | 1,614 | 2,093 | 2,613 | 1,230 |