NorAm Drilling AS Balance Sheet

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

Millions USD. 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	10.39	8.37	12.14	13.1	12.78
Cash & Short-Term Investments	10.39	8.37	12.14	13.1	12.78
Cash Growth	24.15%	-31.09%	-7.32%	2.47%	-21.76%
Accounts Receivable	12.24	12.34	11.3	14.8	6.14
Other Receivables	-	-	1.37	1.34	1.06
Total Trade Receivables	14.02	14.01	12.66	16.14	7.2
Other Current Assets	1.78	1.67	-	-	-
Total Current Assets	24.4	22.38	24.8	29.24	19.99
Net Property, Plant & Equipment	51.88	56.3	72.61	86.57	102.09
Total Assets	76.28	78.68	97.42	115.81	122.07
Accounts Payable	8.67	3.62	4.39	4.61	3
Accrued Expenses	1.92	1.95	0.49	0.52	0.15
Other Current Liabilities	11.28	14.41	15.82	26.9	3.24
Total Current Liabilities	21.86	19.97	20.69	32.03	6.38
Long-Term Debt	-	-	-	0	80
Other Long-Term Liabilities	2.84	5.23	4.88	1.75	1.96
Total Long-Term Liabilities	2.84	5.23	4.88	1.75	81.96
Total Liabilities	24.7	25.21	25.58	33.77	88.34
Common Stock	12.58	12.57	12.55	12.55	8.84
Additional Paid-in Capital	70.19	86.91	107.55	136.94	95.23
Retained Earnings	-31.19	-46	-48.26	-67.46	-70.34
Shareholders' Equity	51.58	53.47	71.84	82.03	33.73
Total Liabilities & Equity	76.28	78.68	97.42	115.81	122.07
Total Debt	0	0	0	0	80
Net Cash (Debt)	10.39	8.37	12.14	13.1	-67.22
Net Cash Growth	24.15%	-31.09%	-7.32%	-	-
Net Cash Per Share	0.24	0.19	0.28	0.47	-2.87
Book Value	51.58	53.47	71.84	82.03	33.73
Book Value Per Share	1.19	1.24	1.67	2.93	1.44
Tangible Book Value	51.58	53.47	71.84	82.03	33.73
Tangible Book Value Per Share	1.19	1.24	1.67	2.93	1.44