North Energy 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	101.11	102.05	5.95	3.06	39.99
Short-Term Investments	82.19	-	-	-	-
Trading Asset Securities	-	30.34	102.96	143.07	154.13
Cash & Short-Term Investments	183.3	132.38	108.91	146.13	194.12
Cash Growth	38.46%	21.55%	-25.46%	-24.72%	-37.53%
Accounts Receivable	-	-	-	0.04	-
Other Receivables	-	-	3.35	3.51	-
Receivables	-	-	3.35	3.54	-
Prepaid Expenses	0.24	0.28	0.13	0.08	0.06
Other Current Assets	-0	-	-	0.02	0.13
Total Current Assets	183.54	132.66	112.4	149.77	194.31
Property, Plant & Equipment	2.03	3.58	4.96	6.2	3.25
Long-Term Investments	215.92	238.49	224.98	171.61	141.31
Other Long-Term Assets	-0	-	-	-	0.12
Total Assets	401.48	374.74	342.34	327.58	338.99
Accounts Payable	0.22	0.35	0.1	0.05	0.03
Accrued Expenses	2.91	3.14	2.59	5.46	11.98
Short-Term Debt	82.34	-	13.58	7.72	-
Current Portion of Leases	1.69	1.68	1.46	1.33	0.64
Total Current Liabilities	87.16	5.18	17.72	14.55	12.64
Long-Term Leases	0.42	2.05	3.49	4.8	2.54
Other Long-Term Liabilities	4.17	-	-	-	2.51
Total Liabilities	91.75	7.23	21.22	19.35	17.69
Common Stock	117.25	119.05	119.05	119.05	119.05
Additional Paid-In Capital	840.03	857.62	869.34	881.07	881.07
Retained Earnings	-647.55	-605.75	-663.85	-688.48	-675.4
Treasury Stock	-	-3.41	-3.41	-3.41	-3.41
Comprehensive Income & Other	-0	-	-	-	-
Total Common Equity	309.74	367.51	321.13	308.23	321.3
Shareholders' Equity	309.74	367.51	321.13	308.23	321.3
Total Liabilities & Equity	401.48	374.74	342.34	327.58	338.99
Total Debt	84.45	3.74	18.53	13.85	3.17
Net Cash (Debt)	98.85	128.65	90.39	132.28	190.94
Net Cash Growth	-23.16%	42.32%	-31.67%	-30.73%	-38.26%
Net Cash Per Share	0.84	1.10	0.77	1.13	1.63
Filing Date Shares Outstanding	117.25	117.25	117.25	117.25	117.25
Total Common Shares Outstanding	117.25	117.25	117.25	117.25	117.25
Working Capital	96.38	127.49	94.67	135.22	181.67
Book Value Per Share	2.64	3.13	2.74	2.63	2.74
Tangible Book Value	309.74	367.51	321.13	308.23	321.3
Tangible Book Value Per Share	2.64	3.13	2.74	2.63	2.74
Machinery	-	0.58	0.58	0.56	0.48

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