Spir Group ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	94.3	43.12	54.48	50.91	118.83	132.38
Cash & Short-Term Investments	94.3	43.12	54.48	50.91	118.83	132.38
Cash Growth	75.45%	-20.84%	7.01%	-57.16%	-10.23%	-
Accounts Receivable	206.71	111.28	114.76	137.23	62.09	22.33
Other Receivables	-	0.05	6.47	47.95	9.93	0.2
Receivables	206.71	111.33	121.23	185.18	72.02	22.52
Prepaid Expenses	-	23.03	24.57	28.27	12.1	4.34
Other Current Assets	10.17	-0	-	-0	-0	-
Total Current Assets	311.18	177.48	200.28	264.35	202.95	159.24
Property, Plant & Equipment	53.04	84.72	52.43	69.39	41.98	14.49
Long-Term Investments	149.53	44.04	37.41	30.18	13.05	0.06
Goodwill	1,132	1,184	1,044	1,046	712.39	59.82
Other Intangible Assets	466.73	544.39	504.27	534.29	427.67	109.43
Long-Term Deferred Charges	198.19	361.35	306.53	266.09	201.79	107.66
Other Long-Term Assets	-	1.43	0.84	0.41	0.41	-0
Total Assets	2,311	2,397	2,146	2,211	1,600	450.7
Accounts Payable	199.29	219.19	60.6	63.05	30.32	9.23
Accrued Expenses	-	-	96.94	81.69	74.39	35.11
Current Portion of Long-Term Debt	-	138.78	118.78	128.48	101	15
Current Portion of Leases	13.86	18.07	17.54	25.07	13.28	2.76
Current Income Taxes Payable	23.54	12.42	10.21	1.77	14.65	2.41
Current Unearned Revenue	26.02	29.38	22.07	38.09	39.09	15.74
Other Current Liabilities	1.34	-0	60.15	67.14	27.75	1.63
Total Current Liabilities	264.04	417.83	386.28	405.28	300.48	81.87
Long-Term Debt	139.9	539.32	542.99	629.79	439.67	89.67
Long-Term Leases	31.73	54.65	25.97	23.32	23.96	8.88
Long-Term Deferred Tax Liabilities	117.8	125.64	99.58	115.53	79.25	10.15
Other Long-Term Liabilities	0	-	-	0	0	6.53
Total Liabilities	553.47	1,137	1,055	1,174	843.37	197.11
Common Stock	2.66	2.65	2.6	2.55	1.88	1.48
Additional Paid-In Capital	1,046	1,044	1,014	1,006	683.4	237.17
Retained Earnings	-	-	-	-	-	14.2
Comprehensive Income & Other	617.48	117.86	71.34	25.03	19.52	0.74
Total Common Equity	1,666	1,164	1,088	1,033	704.79	253.59
Minority Interest	91.68	95.35	3.08	3.34	52.08	-
Shareholders' Equity	1,758	1,260	1,091	1,037	756.87	253.59
Total Liabilities & Equity	2,311	2,397	2,146	2,211	1,600	450.7
Total Debt	185.48	750.81	705.28	806.66	577.92	116.31
Net Cash (Debt)	-91.18	-707.69	-650.81	-755.75	-459.09	16.07
Net Cash Per Share	-0.68	-5.37	-5.06	-7.32	-5.24	0.28
Filing Date Shares Outstanding	132.95	132.57	130.05	127.44	94.02	74.02
Total Common Shares Outstanding	132.95	132.57	130.05	127.44	94.02	74.02
Working Capital	47.13	-240.35	-186	-140.93	-97.53	77.37
Book Value Per Share	12.53	8.78	8.36	8.11	7.50	3.43
Tangible Book Value	66.8	-563.77	-460.41	-546.85	-435.26	84.34
Tangible Book Value Per Share	0.50	-4.25	-3.54	-4.29	-4.63	1.14
Machinery	-	31.77	23.55	33.39	8.52	3.94

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