Skandia GreenPower AS 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	-	58.72	34.47	121.08	129.9
Short-Term Investments	97.67	-	-	-	-
Accounts Receivable	78.82	66.17	55.13	113.24	99.75
Other Receivables	2.56	3.51	12.77	4.18	1.47
Other Current Assets	-	-0	-	-	-
Total Current Assets	179.05	128.39	102.37	238.5	231.12
Property, Plant & Equipment	-	0.06	0.42	0.84	1.14
Goodwill	7	8.53	5.28	-	-
Other Intangible Assets	68.17	79.14	36.86	20.22	80.16
Long-Term Investments	5.14	5.14	5.14	-	0.14
Long-Term Deferred Tax Assets	27.78	30.14	-	-	16.21
Other Long-Term Assets	0.14	0.19	0.14	-	-0
Total Assets	287.27	251.59	150.21	259.57	328.78
Accounts Payable	108.26	65.48	60.99	129.99	92.55
Accrued Expenses	1.86	2.2	2.67	5.42	6.15
Other Current Liabilities	72.69	78.77	66.38	104.81	82.82
Total Current Liabilities	182.81	146.45	130.04	240.23	181.52
Long-Term Deferred Tax Liabilities	7	8.53	5.28	-	-
Other Long-Term Liabilities	0	-	0	-	0
Total Liabilities	189.81	154.97	135.32	240.23	181.52
Common Stock	6.01	6.01	2.83	0.82	0.82
Additional Paid-In Capital	255.76	263.53	198.55	191.2	191.4
Retained Earnings	-165.14	-173.79	-187.36	-173.55	-45.83
Treasury Stock	-0.04	-	-	-	-
Comprehensive Income & Other	0.87	0.87	0.87	0.87	0.87
Total Common Equity	97.46	96.62	14.89	19.34	147.26
Shareholders' Equity	97.46	96.62	14.89	19.34	147.26
Total Liabilities & Equity	287.27	251.59	150.21	259.57	328.78
Net Cash (Debt)	97.67	58.72	34.47	121.08	129.9
Net Cash Growth	66.34%	70.33%	-71.53%	-6.78%	2009.16%
Net Cash Per Share	-	0.49	0.61	7.36	7.90
Filing Date Shares Outstanding	-	120.27	56.64	56.64	16.45
Total Common Shares Outstanding	-	120.27	56.64	16.45	16.45
Working Capital	-3.77	-18.05	-27.67	-1.72	49.6
Book Value Per Share	-	0.80	0.26	1.18	8.95
Tangible Book Value	22.29	8.95	-27.25	-0.88	67.1
Tangible Book Value Per Share	-	0.07	-0.48	-0.05	4.08
Machinery	-	1.36	-	-	-

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