Solstad Maritime ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	2,013	1,382	1,909	2,089
Short-Term Investments	39.4	22.5	21	15.2
Cash & Short-Term Investments	2,053	1,404	1,930	2,104
Cash Growth	46.15%	-27.24%	-8.27%	-
Accounts Receivable	1,261	1,720	1,511	1,031
Other Receivables	402.22	258.53	331.47	258.4
Receivables	1,663	1,979	1,843	1,289
Inventory	102.38	77.73	175.62	134.6
Prepaid Expenses	5.33	28.12	63.38	13.49
Other Current Assets	174.57	193.65	169.07	187.2
Total Current Assets	3,998	3,683	4,181	3,729
Property, Plant & Equipment	12,586	10,807	16,201	16,298
Long-Term Investments	48.08	45.63	5.1	4.27
Long-Term Accounts Receivable	1,934	-	-	-
Long-Term Deferred Tax Assets	593.38	4	4	19.16
Other Long-Term Assets	10.76	34.46	19.03	11.22
Total Assets	19,172	14,575	20,411	20,063
Accounts Payable	250.79	306.17	490.21	413.42
Accrued Expenses	344.95	530.61	493.64	337.06
Current Portion of Long-Term Debt	1,538	11,094	1,930	308.32
Current Portion of Leases	56.49	22.06	11.68	12.03
Current Income Taxes Payable	376.86	152.34	130.88	108.66
Current Unearned Revenue	31.28	11.56	-	-
Other Current Liabilities	485.21	281.7	98.48	52.44
Total Current Liabilities	3,083	12,398	3,155	1,232
Long-Term Debt	7,024	-	15,960	18,368
Long-Term Leases	209.69	100.51	66.8	75.69
Other Long-Term Liabilities	0.79	1.67	10.62	13.32
Total Liabilities	10,331	12,516	19,208	19,706
Common Stock	93.07	25.38	-	-
Additional Paid-In Capital	5,694	2,030	-	-
Comprehensive Income & Other	3,087	33.92	1,237	381.04
Total Common Equity	8,874	2,089	1,237	381.04
Minority Interest	-33.34	-30.51	-34.03	-24.02
Shareholders' Equity	8,841	2,058	1,203	357.02
Total Liabilities & Equity	19,172	14,575	20,411	20,063
Total Debt	8,828	11,217	17,969	18,764
Net Cash (Debt)	-6,775	-9,812	-16,039	-16,659
Net Cash Per Share	-15.99	-77.32	-126.39	-
Filing Date Shares Outstanding	465.36	126.9	126.9	-
Total Common Shares Outstanding	465.36	126.9	126.9	-
Working Capital	915.03	-8,716	1,026	2,497
Book Value Per Share	19.07	16.46	9.74	-
Tangible Book Value	8,874	2,089	1,237	381.04
Tangible Book Value Per Share	19.07	16.46	9.74	-
Machinery	12,296	10,204	16,597	16,640
Order Backlog	9,600	5,039	5,848	-

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