PetroNor E&P ASA Balance Sheet

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

Millions USD. 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	58.9	79.69	46.25	24.82	31.76
Cash & Short-Term Investments	58.9	79.69	46.25	24.82	31.76
Cash Growth	-26.09%	72.31%	86.37%	-21.85%	125.01%
Accounts Receivable	-	64.01	27.32	-	13.43
Other Receivables	0.26	5.41	3.76	1.17	0.39
Receivables	0.26	69.42	31.08	1.17	13.82
Inventory	15.09	13.27	17.84	18.82	6.23
Other Current Assets	7.58	-	-	-	-
Total Current Assets	81.83	162.37	95.16	44.81	51.8
Property, Plant & Equipment	81.12	85.89	92.79	67.94	39.44
Goodwill	-	-	-	9.03	-
Other Intangible Assets	1.35	8.18	7.86	33.25	7.17
Other Long-Term Assets	47.13	44.8	43.71	29.43	26.84
Total Assets	211.43	301.24	239.52	184.47	125.25
Accounts Payable	6.88	5.53	11.95	15.44	30
Accrued Expenses	-	35.78	-	-	-
Current Portion of Long-Term Debt	-	-	5.5	5.5	13.08
Current Portion of Leases	-	-	-	-	0.06
Current Income Taxes Payable	0.42	0.53	4.16	-	-
Other Current Liabilities	3.29	3.29	3.94	5.49	-
Total Current Liabilities	10.59	45.13	25.55	26.43	43.13
Long-Term Debt	-	-	-	5.5	-
Long-Term Deferred Tax Liabilities	-	-	-	9.03	-
Other Long-Term Liabilities	32.62	35.23	27.22	33.58	16.3
Total Liabilities	43.21	80.35	52.77	74.54	59.44
Common Stock	0.16	71.96	71.96	0.16	62.12
Additional Paid-In Capital	16.15	0.16	0.16	71.96	-
Retained Earnings	130.64	123.38	93.48	25.65	-1.39
Comprehensive Income & Other	0.74	0.69	0.8	-0.15	-1.42
Total Common Equity	147.69	196.19	166.39	97.61	59.3
Minority Interest	20.53	24.69	20.36	12.32	6.51
Shareholders' Equity	168.22	220.88	186.75	109.93	65.82
Total Liabilities & Equity	211.43	301.24	239.52	184.47	125.25
Total Debt	-	-	5.5	11	13.14
Net Cash (Debt)	58.9	79.69	40.75	13.82	18.62
Net Cash Growth	-26.09%	95.57%	194.94%	-25.79%	-
Net Cash Per Share	0.41	0.56	0.29	0.10	0.16
Filing Date Shares Outstanding	142.36	142.36	142.36	142.36	132.7
Total Common Shares Outstanding	142.36	142.36	142.36	142.36	132.7
Working Capital	71.24	117.25	69.61	18.38	8.67
Book Value Per Share	1.04	1.38	1.17	0.69	0.45
Tangible Book Value	146.34	188.01	158.53	55.33	52.13
Tangible Book Value Per Share	1.03	1.32	1.11	0.39	0.39

Source: S&P Global Market Intelligence. Standard template. Financial Sources.