Norbit ASA (OSL:NORBT)

Norbit ASA Cash Flow Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Net Income	404.3	243.3	185.3	106.7	47.9
Depreciation & Amortization	156.9	132.3	107.7	86.5	69
Other Adjustments	121.8	75.2	60.8	14.3	15
Change in Receivables	51.4	-80.6	1.7	-11	-24.9
Changes in Inventories	-296.9	133.9	-125.4	-161.3	-91.2
Changes in Accounts Payable	85.6	-29	40.4	32	31
Changes in Accrued Expenses	76	26.9	95.2	29.3	1.4
Changes in Income Taxes Payable	-98.5	-71.1	-19.9	-10.9	-0.4
Operating Cash Flow	500.6	430.9	345.7	85.7	47.7
Operating Cash Flow Growth	16.18%	24.65%	303.38%	79.66%	-50.88%
Capital Expenditures	-61.7	-39.8	-46.3	-31.5	-29
Purchases of Intangible Assets	-139	-104.8	-60.2	-60.5	-51.2
Payments for Business Acquisitions	-2.9	-413.7	-42.6	-3.1	-126.9
Other Investing Activities	-	-	-	3.2	-10.5
Investing Cash Flow	-203.6	-558.4	-149	-91.9	-217.6
Short-Term Debt Issued	74	-20	-120.6	54	35.7
Net Short-Term Debt Issued (Repaid)	74	-20	-120.6	54	35.7
Long-Term Debt Issued	0	446.1	126.3	30	166.3
Long-Term Debt Repaid	0	-191.6	-135.3	-39.4	-7.4
Net Long-Term Debt Issued (Repaid)	0	254.5	-9	-9.4	158.9
Issuance of Common Stock	15.5	205.8	8.1	9.6	7.2
Repurchase of Common Stock	-9.8	-5	-1.4	-0.5	0
Net Common Stock Issued (Repurchased)	5.7	200.8	6.7	9.1	7.2
Common Dividends Paid	-382.3	-152.9	-41.6	-17.5	-17
Other Financing Activities	-28.7	-22.3	-13.1	-10	-8.2
Financing Cash Flow	-331.3	260.1	-177.7	26.2	176.6
Net Cash Flow	-34.4	132.6	19	20	6.7
Free Cash Flow	438.9	391.1	299.4	54.2	18.7
Free Cash Flow Growth	12.22%	30.63%	452.40%	189.84%	-20.76%
FCF Margin	17.54%	22.33%	19.71%	4.64%	2.37%
Free Cash Flow Per Share	-	6.32	5.02	0.92	0.33
Levered Free Cash Flow	339.7	631	107.4	95.4	223.3
Unlevered Free Cash Flow	288.05	414.39	265.66	75.53	35.95

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.