NorAm Drilling AS (OSL:NORAM)

NorAm Drilling AS Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	7.54	8.37	12.14	13.1	12.78	16.34
Cash & Short-Term Investments	7.54	8.37	12.14	13.1	12.78	16.34
Cash Growth	-28.70%	-31.09%	-7.32%	2.47%	-21.76%	106.35%
Accounts Receivable	12.42	12.34	11.3	14.8	6.14	4.42
Other Receivables	-	1.67	1.37	1.34	1.06	1.19
Receivables	12.42	14.01	12.66	16.14	7.2	5.61
Other Current Assets	0	-	0	-	-	-
Total Current Assets	22.98	22.38	24.8	29.24	19.99	21.95
Property, Plant & Equipment	54.43	56.3	72.61	86.57	102.09	117.02
Other Long-Term Assets	-0	-	-	-	-	0
Total Assets	77.41	78.68	97.42	115.81	122.07	138.97
Accounts Payable	5.84	3.62	4.39	4.61	3	1.33
Accrued Expenses	0.17	0.17	0.16	0.27	0.15	0.15
Current Income Taxes Payable	0.4	1.78	0.33	0.25	-	0
Other Current Liabilities	5.18	14.41	15.82	26.9	3.24	4.06
Total Current Liabilities	11.59	19.97	20.69	32.03	6.38	5.54
Long-Term Debt	-	-	-	-	80	85.72
Long-Term Deferred Tax Liabilities	5.23	5.23	4.88	1.75	1.96	2.65
Other Long-Term Liabilities	-0	-	-	-	-	0
Total Liabilities	16.82	25.21	25.58	33.77	88.34	93.91
Common Stock	12.58	12.57	12.55	12.55	8.84	15.93
Additional Paid-In Capital	85.21	86.91	107.55	136.94	95.23	95.23
Retained Earnings	-37.2	-46	-48.26	-67.46	-70.34	-66.1
Comprehensive Income & Other	-	-0	-	-	-	-
Shareholders' Equity	60.59	53.47	71.84	82.03	33.73	45.06
Total Liabilities & Equity	77.41	78.68	97.42	115.81	122.07	138.97
Total Debt	-	-	-	-	80	85.72
Net Cash (Debt)	7.54	8.37	12.14	13.1	-67.22	-69.38
Net Cash Growth	-28.70%	-31.09%	-7.32%	-	-	-
Net Cash Per Share	0.17	0.19	0.28	0.46	-2.87	-2.97
Filing Date Shares Outstanding	43.28	43.26	43.14	43.14	23.39	23.39
Total Common Shares Outstanding	43.28	43.26	43.14	43.14	23.39	23.39
Working Capital	11.39	2.4	4.11	-2.79	13.6	16.41
Book Value Per Share	1.40	1.24	1.67	1.90	1.44	1.93
Tangible Book Value	60.59	53.47	71.84	82.03	33.73	45.06
Tangible Book Value Per Share	1.40	1.24	1.67	1.90	1.44	1.93
Machinery	-	213.95	210.58	205.6	202.24	198.87

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