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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	116.1	60.7	41.7	21.7	15	21.68
Cash & Short-Term Investments	116.1	60.7	41.7	21.7	15	21.68
Cash Growth	167.51%	45.56%	92.17%	44.67%	-30.81%	401.16%
Accounts Receivable	193.8	170.3	168	154.9	121.4	149.88
Other Receivables	49.3	48.1	37	33.3	25.6	18.09
Receivables	243.1	218.4	205	188.2	147	167.96
Inventory	473	562	426.3	263.2	164.6	167.8
Other Current Assets	-	-	-	0.1	-0.1	-0
Total Current Assets	832.2	841.1	673	473.2	326.5	357.44
Property, Plant & Equipment	268.5	220.5	187.7	164.9	150	78.65
Long-Term Investments	17.8	6.6	1.3	1.1	3.6	2.97
Goodwill	495.4	111.1	84.4	82.1	-	-
Other Intangible Assets	402.8	73.5	39.6	44.2	-	-
Long-Term Deferred Tax Assets	17.7	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	-0.1	-	-	-	0.3	0
Total Assets	2,034	1,496	1,221	976.9	671.6	600.01
Accounts Payable	114.4	174.5	132.6	100.2	67.4	89.16
Accrued Expenses	-	48	37.7	26.2	25.5	23.32
Short-Term Debt	-	20	140.6	86.5	50.7	1.32
Current Portion of Long-Term Debt	22.5	68.9	42.2	39.1	32.4	2.11
Current Portion of Leases	22.1	17.2	11.8	8.5	8.5	4.44
Current Income Taxes Payable	104	58.7	13.4	8.8	0.9	-
Other Current Liabilities	182.9	143.8	55.5	33.4	22	15.95
Total Current Liabilities	445.9	531.1	433.8	302.7	207.4	136.29
Long-Term Debt	446	122.6	154.6	162.6	11.6	15.84
Long-Term Leases	71.1	37.5	24	6.5	14.7	3.95
Long-Term Deferred Tax Liabilities	28.5	3.1	3.6	4	-	-
Other Long-Term Liabilities	1.9	8.7	5.5	3.2	1.1	0.34
Total Liabilities	993.4	703	621.5	479	234.8	156.43
Common Stock	6.4	6	5.9	5.8	5.7	5.68
Additional Paid-In Capital	617.1	367.7	319.9	308.8	275.4	275.43
Retained Earnings	417.5	419.7	273.5	183.3	155.2	161.92
Comprehensive Income & Other	-0.1	-	-	-	-	-
Total Common Equity	1,041	793.4	599.3	497.9	436.3	443.04
Minority Interest	-	-	-	-	0.5	0.54
Shareholders' Equity	1,041	793.4	599.3	497.9	436.8	443.58
Total Liabilities & Equity	2,034	1,496	1,221	976.9	671.6	600.01
Total Debt	561.7	266.2	373.2	303.2	117.9	27.67
Net Cash (Debt)	-445.6	-205.5	-331.5	-281.5	-102.9	-5.99
Net Cash Per Share	-7.31	-3.44	-5.64	-4.90	-1.81	-0.11
Filing Date Shares Outstanding	63.09	59.97	59.18	58.46	56.79	56.79
Total Common Shares Outstanding	63.09	59.97	58.88	58.46	56.79	56.79
Working Capital	386.3	310	239.2	170.5	119.1	221.15
Book Value Per Share	16.50	13.23	10.18	8.52	7.68	7.80
Tangible Book Value	142.7	608.8	475.3	371.6	436.3	443.04
Tangible Book Value Per Share	2.26	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.