Salmon Evolution 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	163.44	429.46	386.4	278.76	505.55
Trading Asset Securities	-	13.64	12.67	11.72	1.26
Cash & Short-Term Investments	163.44	443.11	399.06	290.48	506.81
Cash Growth	-63.12%	11.04%	37.38%	-42.69%	-21.77%
Accounts Receivable	10.31	90.52	40.5	23.08	0.38
Other Receivables	51.59	28.4	6.44	57.93	104.72
Receivables	61.9	118.92	46.93	81.01	105.11
Inventory	243.69	183.87	162.16	60.87	15.05
Prepaid Expenses	-	22.75	24.68	9.02	-
Other Current Assets	10.25	-	0.23	13.9	0.27
Total Current Assets	479.28	768.64	633.07	455.28	627.24
Property, Plant & Equipment	3,633	2,324	1,985	1,757	988.84
Long-Term Investments	6.07	10.69	18.68	26.64	26.22
Other Intangible Assets	84.51	81.1	72.35	65.15	62.59
Long-Term Deferred Tax Assets	-	-	0.42	2.08	1.03
Other Long-Term Assets	13.17	-	0	-	-0
Total Assets	4,216	3,184	2,710	2,306	1,706
Accounts Payable	192.05	193.38	71.5	135.1	162.07
Accrued Expenses	36.37	17.85	18.93	11.98	7.95
Short-Term Debt	-	-	-	12.84	13.09
Current Portion of Long-Term Debt	334.57	158.49	103.28	42.51	-
Current Portion of Leases	10.99	5.32	4.35	3.55	1.24
Current Income Taxes Payable	-	-	0.42	2.08	1.03
Other Current Liabilities	0	3.64	3.56	2.81	1.79
Total Current Liabilities	573.98	378.68	202.03	210.87	187.15
Long-Term Debt	1,545	569.1	569.97	513.17	212.35
Long-Term Leases	30.09	9.67	8.19	9.68	0.89
Other Long-Term Liabilities	3.64	3.64	8.7	8.55	7.98
Total Liabilities	2,153	961.09	788.89	742.27	408.37
Common Stock	23.13	23.13	20.7	17.29	15.54
Additional Paid-In Capital	2,415	2,415	2,125	1,627	1,334
Retained Earnings	-388.77	-226.4	-235.41	-88.77	-57.41
Comprehensive Income & Other	13.31	11.48	10.76	8.32	5.12
Shareholders' Equity	2,063	2,223	1,921	1,564	1,298
Total Liabilities & Equity	4,216	3,184	2,710	2,306	1,706
Total Debt	1,921	742.57	685.78	581.75	227.57
Net Cash (Debt)	-1,757	-299.47	-286.72	-291.27	279.24
Net Cash Growth	-	-	-	-	-53.93%
Net Cash Per Share	-3.80	-0.68	-0.73	-0.86	0.96
Filing Date Shares Outstanding	462.6	462.6	413.94	345.75	310.8
Total Common Shares Outstanding	462.6	462.6	413.94	345.75	310.8
Working Capital	-94.7	389.96	431.04	244.41	440.09
Book Value Per Share	4.46	4.81	4.64	4.52	4.17
Tangible Book Value	1,978	2,142	1,848	1,499	1,235
Tangible Book Value Per Share	4.28	4.63	4.47	4.33	3.97
Buildings	1,626	1,599	1,583	7.61	7.61
Machinery	365.75	342.1	310.89	26.42	8.97
Construction In Progress	1,781	481.78	70.78	1,713	971.12

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