North Energy ASA (OSL:NORTH)

North Energy ASA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	108.88	102.05	5.95	3.06	39.99	119.33
Short-Term Investments	82.81	-	-	-	-	-
Trading Asset Securities	-	30.34	102.96	143.07	154.13	191.42
Cash & Short-Term Investments	191.68	132.38	108.91	146.13	194.12	310.75
Cash Growth	79.61%	21.55%	-25.46%	-24.72%	-37.53%	39.47%
Accounts Receivable	-	-	-	0.04	-	-
Other Receivables	-	-	3.35	3.51	-	-
Receivables	-	-	3.35	3.54	-	-
Prepaid Expenses	0.31	0.28	0.13	0.08	0.06	0.05
Other Current Assets	0	-	-	0.02	0.13	0.13
Total Current Assets	192	132.66	112.4	149.77	194.31	310.94
Property, Plant & Equipment	2.8	3.58	4.96	6.2	3.25	1.51
Long-Term Investments	223.86	238.49	224.98	171.61	141.31	111.37
Other Long-Term Assets	-	-	-	-	0.12	0.26
Total Assets	418.66	374.74	342.34	327.58	338.99	424.07
Accounts Payable	0.52	0.35	0.1	0.05	0.03	0.03
Accrued Expenses	20	3.14	2.59	5.46	11.98	2.3
Short-Term Debt	46.57	-	13.58	7.72	-	-
Current Portion of Leases	1.88	1.68	1.46	1.33	0.64	1.16
Other Current Liabilities	-	-	-	-	-	-0
Total Current Liabilities	68.97	5.18	17.72	14.55	12.64	3.49
Long-Term Leases	1.03	2.05	3.49	4.8	2.54	0.3
Long-Term Deferred Tax Liabilities	-	-	-	-	-	18.38
Other Long-Term Liabilities	-0	-	-	-	2.51	-0
Total Liabilities	70	7.23	21.22	19.35	17.69	22.17
Common Stock	117.25	119.05	119.05	119.05	119.05	119.05
Additional Paid-In Capital	840.03	857.62	869.34	881.07	881.07	933.83
Retained Earnings	-608.62	-605.75	-663.85	-688.48	-675.4	-647.58
Treasury Stock	-	-3.41	-3.41	-3.41	-3.41	-3.41
Total Common Equity	348.67	367.51	321.13	308.23	321.3	401.89
Shareholders' Equity	348.67	367.51	321.13	308.23	321.3	401.89
Total Liabilities & Equity	418.66	374.74	342.34	327.58	338.99	424.07
Total Debt	49.48	3.74	18.53	13.85	3.17	1.47
Net Cash (Debt)	142.2	128.65	90.39	132.28	190.94	309.29
Net Cash Growth	49.03%	42.32%	-31.67%	-30.73%	-38.26%	41.27%
Net Cash Per Share	1.21	1.10	0.77	1.13	1.63	2.64
Filing Date Shares Outstanding	117.25	117.25	117.25	117.25	117.25	117.25
Total Common Shares Outstanding	117.25	117.25	117.25	117.25	117.25	117.25
Working Capital	123.03	127.49	94.67	135.22	181.67	307.45
Book Value Per Share	2.97	3.13	2.74	2.63	2.74	3.43
Tangible Book Value	348.67	367.51	321.13	308.23	321.3	401.89
Tangible Book Value Per Share	2.97	3.13	2.74	2.63	2.74	3.43
Machinery	-	0.58	0.58	0.56	0.48	0.43

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.