Ocean GeoLoop AS Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	80.76	114.28	179.83	142.52
Short-Term Investments	-	0.01	0.01	-
Cash & Short-Term Investments	80.76	114.29	179.84	142.52
Cash Growth	-39.66%	-36.45%	26.19%	-
Accounts Receivable	55.56	46.87	45.86	0.09
Other Receivables	-	6.36	8.85	8.08
Receivables	55.56	53.23	54.71	8.17
Inventory	5.02	5.33	4.49	-
Other Current Assets	-0	-	-0	-
Total Current Assets	141.33	172.84	239.04	150.68
Property, Plant & Equipment	75.52	71.31	52.94	13.2
Goodwill	-	8.22	11.35	-
Other Intangible Assets	61.7	55.04	59.87	-
Other Long-Term Assets	0	-	0	0
Total Assets	278.55	307.41	363.2	163.88
Accounts Payable	47.14	23.69	39.91	7.68
Accrued Expenses	-	9.44	6.79	0.76
Current Portion of Long-Term Debt	-	-	0.91	-
Current Income Taxes Payable	-	0.01	0	-
Other Current Liabilities	-	15.18	16.21	2.43
Total Current Liabilities	47.14	48.32	63.82	10.86
Long-Term Debt	3.03	2.62	2.43	-
Long-Term Deferred Tax Liabilities	9.56	9.02	10.6	-
Other Long-Term Liabilities	4.09	11.69	7	0
Total Liabilities	63.82	71.64	83.85	10.86
Common Stock	0.53	0.53	0.53	0.49
Additional Paid-In Capital	363.49	363.49	363.49	206.95
Retained Earnings	-164.71	-145.73	-75.68	-44.69
Comprehensive Income & Other	-9.15	-10.26	-16.1	-9.73
Total Common Equity	190.16	208.03	272.24	153.02
Minority Interest	24.56	27.75	7.11	-
Shareholders' Equity	214.73	235.77	279.35	153.02
Total Liabilities & Equity	278.55	307.41	363.2	163.88
Total Debt	3.03	2.62	3.34	-
Net Cash (Debt)	77.73	111.67	176.5	142.52
Net Cash Growth	-40.71%	-36.73%	23.84%	-
Net Cash Per Share	-	2.12	3.35	-
Filing Date Shares Outstanding	-	52.72	52.72	-
Total Common Shares Outstanding	-	52.72	52.72	-
Working Capital	94.19	124.52	175.22	139.82
Book Value Per Share	-	3.95	5.16	-
Tangible Book Value	128.47	144.77	201.02	153.02
Tangible Book Value Per Share	-	2.75	3.81	-
Machinery	-	70.85	33.47	14.51
Construction In Progress	-	9.63	21.29	-

Source: S&P Capital IQ. Standard template. Financial Sources.