Norbit ASA (OSL: NORBT)

Norbit ASA Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	66.2	60.7	41.7	21.7	15	21.68
Cash & Short-Term Investments	66.2	60.7	41.7	21.7	15	21.68
Cash Growth	28.54%	45.56%	92.17%	44.67%	-30.81%	401.16%
Accounts Receivable	181.8	170.3	168	154.9	121.4	149.88
Other Receivables	54.9	48.1	37	33.3	25.6	18.09
Receivables	236.7	218.4	205	188.2	147	167.96
Inventory	463.6	562	426.3	263.2	164.6	167.8
Other Current Assets	-	-	-	0.1	-0.1	-0
Total Current Assets	766.5	841.1	673	473.2	326.5	357.44
Property, Plant & Equipment	248	220.5	187.7	164.9	150	78.65
Long-Term Investments	17.7	6.6	1.3	1.1	3.6	2.97
Goodwill	111.1	111.1	84.4	82.1	-	-
Other Intangible Assets	312.4	73.5	39.6	44.2	-	-
Long-Term Deferred Tax Assets	15.6	13.9	15.6	13.3	19.7	25.62
Long-Term Deferred Charges	-	229.7	219.2	198.1	171.5	135.32
Other Long-Term Assets	-	-	-	-	0.3	0
Total Assets	1,471	1,496	1,221	976.9	671.6	600.01
Accounts Payable	123.1	174.5	132.6	100.2	67.4	89.16
Accrued Expenses	-	48	37.7	26.2	25.5	23.32
Short-Term Debt	88.4	20	140.6	86.5	50.7	1.32
Current Portion of Long-Term Debt	68	68.9	42.2	39.1	32.4	2.11
Current Portion of Leases	20.7	17.2	11.8	8.5	8.5	4.44
Current Income Taxes Payable	79.6	58.7	13.4	8.8	0.9	-
Other Current Liabilities	179.8	143.8	55.5	33.4	22	15.95
Total Current Liabilities	559.6	531.1	433.8	302.7	207.4	136.29
Long-Term Debt	94.1	122.6	154.6	162.6	11.6	15.84
Long-Term Leases	66.1	37.5	24	6.5	14.7	3.95
Long-Term Deferred Tax Liabilities	2.9	3.1	3.6	4	-	-
Other Long-Term Liabilities	1.9	8.7	5.5	3.2	1.1	0.34
Total Liabilities	724.6	703	621.5	479	234.8	156.43
Common Stock	6	6	5.9	5.8	5.7	5.68
Additional Paid-In Capital	367.7	367.7	319.9	308.8	275.4	275.43
Retained Earnings	373	419.7	273.5	183.3	155.2	161.92
Total Common Equity	746.7	793.4	599.3	497.9	436.3	443.04
Minority Interest	-	-	-	-	0.5	0.54
Shareholders' Equity	746.7	793.4	599.3	497.9	436.8	443.58
Total Liabilities & Equity	1,471	1,496	1,221	976.9	671.6	600.01
Total Debt	337.3	266.2	373.2	303.2	117.9	27.67
Net Cash (Debt)	-271.1	-205.5	-331.5	-281.5	-102.9	-5.99
Net Cash Per Share	-4.51	-3.44	-5.64	-4.90	-1.81	-0.11
Filing Date Shares Outstanding	63.51	59.97	59.18	58.46	56.79	56.79
Total Common Shares Outstanding	60.19	59.97	58.88	58.46	56.79	56.79
Working Capital	206.9	310	239.2	170.5	119.1	221.15
Book Value Per Share	12.41	13.23	10.18	8.52	7.68	7.80
Tangible Book Value	323.2	608.8	475.3	371.6	436.3	443.04
Tangible Book Value Per Share	5.37	10.15	8.07	6.36	7.68	7.80
Land	-	-	97.4	94.6	89.9	43.72
Machinery	-	-	279.8	248.6	205.1	177.83

Source: S&P Capital IQ. Standard template. Financial Sources.