Norconsult ASA Balance Sheet

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

Millions NOK. 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	1,220	1,198	553	971	972
Short-Term Investments	332	414	394	372	368
Cash & Short-Term Investments	1,552	1,612	947	1,343	1,340
Cash Growth	-3.72%	70.22%	-29.49%	0.22%	6.43%
Accounts Receivable	2,530	2,267	2,305	1,992	1,721
Other Receivables	-	52	43	58	148
Receivables	2,530	2,319	2,348	2,050	1,869
Prepaid Expenses	-	114	146	107	106
Other Current Assets	236	68	56	46	33
Total Current Assets	4,318	4,113	3,497	3,546	3,348
Property, Plant & Equipment	1,804	1,728	1,704	1,687	1,764
Long-Term Investments	-	32	22	19	17
Goodwill	2,691	1,079	1,003	943	755
Other Intangible Assets	498	109	78	70	36
Long-Term Deferred Tax Assets	10	28	4	4	1
Other Long-Term Assets	79	28	39	9	8
Total Assets	9,400	7,117	6,347	6,278	5,929
Accounts Payable	308	220	266	233	208
Accrued Expenses	2,381	2,283	1,973	1,768	1,593
Current Portion of Long-Term Debt	240	-	-	-	-
Current Portion of Leases	417	367	354	310	279
Current Income Taxes Payable	218	87	186	165	138
Current Unearned Revenue	195	229	196	178	175
Other Current Liabilities	1	1	9	43	16
Total Current Liabilities	3,760	3,187	2,984	2,697	2,409
Long-Term Debt	1,053	-	-	-	-
Long-Term Leases	1,260	1,229	1,226	1,241	1,345
Pension & Post-Retirement Benefits	5	7	9	9	8
Long-Term Deferred Tax Liabilities	142	83	24	34	11
Other Long-Term Liabilities	66	78	39	41	66
Total Liabilities	6,286	4,584	4,282	4,022	3,839
Common Stock	6	6	6	6	6
Additional Paid-In Capital	525	221	221	221	221
Retained Earnings	2,221	1,971	1,780	1,955	1,875
Treasury Stock	-	-	-1	-1	-
Comprehensive Income & Other	362	335	59	75	-19
Total Common Equity	3,114	2,533	2,065	2,256	2,083
Minority Interest	-	-	-	-	7
Shareholders' Equity	3,114	2,533	2,065	2,256	2,090
Total Liabilities & Equity	9,400	7,117	6,347	6,278	5,929
Total Debt	2,970	1,596	1,580	1,551	1,624
Net Cash (Debt)	-1,418	16	-633	-208	-284
Net Cash Per Share	-4.63	0.05	-2.23	-0.73	-0.95
Filing Date Shares Outstanding	310.3	301.42	285.57	279.38	299.36
Total Common Shares Outstanding	310.3	301.42	285.57	279.38	299.36
Working Capital	558	926	513	849	939
Book Value Per Share	10.04	8.40	7.23	8.07	6.96
Tangible Book Value	-75	1,345	984	1,243	1,292
Tangible Book Value Per Share	-0.24	4.46	3.45	4.45	4.32
Land	-	6	5	6	7
Machinery	-	722	645	602	531
Order Backlog	7,700	-	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.