Nordic Mining ASA 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	Sep '25 Sep 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	273.32	454.77	634.98	164.7	32.09	42.22
Cash & Short-Term Investments	273.32	454.77	634.98	164.7	32.09	42.22
Cash Growth	-53.38%	-28.38%	285.53%	413.32%	-24.01%	37.90%
Other Receivables	-	24.68	28.71	22.47	2.62	1.61
Receivables	44.98	24.68	28.71	22.47	2.62	1.61
Inventory	48.86	10.01	-	-	-	-
Prepaid Expenses	-	3.02	1.85	0.83	0.82	0.61
Restricted Cash	18.86	12.65	8.43	4.22	-	-
Other Current Assets	-	-	1,075	1,033	-	-
Total Current Assets	386.02	505.13	1,749	1,225	35.53	44.44
Property, Plant & Equipment	2,817	2,752	1,381	289.61	29.24	29.1
Long-Term Investments	-	-	-	-	190.52	100.11
Other Long-Term Assets	-0	0.11	-	-	-	-
Total Assets	3,224	3,257	3,130	1,514	255.29	173.65
Accounts Payable	64.05	44.39	94.31	37.17	3.09	1.67
Accrued Expenses	-	151.26	83.63	19.19	4.09	4.95
Short-Term Debt	-	-	-	142.98	-	-
Current Portion of Long-Term Debt	-	-	-	850.83	-	-
Current Portion of Leases	-	0.31	0.31	0.12	0.13	0.16
Other Current Liabilities	129.73	5.19	2.54	7.84	1.13	1.01
Total Current Liabilities	193.78	201.15	180.78	1,058	8.45	7.78
Long-Term Debt	1,254	1,044	902.18	-	-	-
Long-Term Leases	-	0.19	0.47	-	0.11	0.22
Pension & Post-Retirement Benefits	0.03	-	0.22	1.81	1.06	1.37
Other Long-Term Liabilities	560.76	599.8	517.58	-	-	-
Total Liabilities	2,009	1,845	1,601	1,060	9.63	9.36
Common Stock	1,301	1,301	1,301	139.39	137.7	118.5
Additional Paid-In Capital	299.34	292.45	293.97	335.47	329.74	488.63
Retained Earnings	-381.6	-177.26	-62.24	-16.14	-218.55	-439.71
Comprehensive Income & Other	-3.38	-3.38	-3.7	-4.23	-3.22	-3.12
Total Common Equity	1,215	1,413	1,529	454.49	245.66	164.29
Shareholders' Equity	1,215	1,413	1,529	454.49	245.66	164.29
Total Liabilities & Equity	3,224	3,257	3,130	1,514	255.29	173.65
Total Debt	1,254	1,044	902.95	993.92	0.25	0.37
Net Cash (Debt)	-981.09	-589.33	-267.97	-829.21	31.84	41.85
Net Cash Growth	-	-	-	-	-23.92%	37.19%
Net Cash Per Share	-9.00	-5.44	-2.96	-61.82	2.80	4.29
Filing Date Shares Outstanding	108.41	108.41	108.41	11.62	11.47	11.47
Total Common Shares Outstanding	108.41	108.41	108.41	11.62	11.47	9.87
Working Capital	192.24	303.98	1,568	166.7	27.08	36.66
Book Value Per Share	11.21	13.03	14.10	39.13	21.41	16.64
Tangible Book Value	1,194	1,413	1,529	454.49	245.66	164.29
Tangible Book Value Per Share	11.01	13.03	14.10	39.13	21.41	16.64
Buildings	-	82.09	-	-	-	-
Machinery	-	17.54	3.15	1.58	0.66	0.94

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.