Techstep ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	8.01	9.31	30.78	77.46	61.12	50.35
Cash & Short-Term Investments	8.01	9.31	30.78	77.46	61.12	50.35
Cash Growth	-32.04%	-69.75%	-60.27%	26.73%	21.39%	85.09%
Accounts Receivable	93.51	139.05	143.59	161.14	230.39	239.46
Other Receivables	33.51	4.55	-	-	-	12.1
Receivables	127.03	143.61	143.59	161.14	230.39	251.56
Inventory	0.62	1.34	4.66	10.5	23.43	19.39
Prepaid Expenses	-	26.94	27.86	28.51	17.18	10.1
Other Current Assets	-	158.75	-	-	-	24.48
Total Current Assets	135.65	339.94	206.9	277.61	332.12	355.89
Property, Plant & Equipment	162.01	170.7	199.41	191.01	198.06	179.04
Long-Term Investments	-	0.05	0.05	0.7	0.61	0.59
Goodwill	485.34	494.98	632.11	624.17	601.08	592.55
Other Intangible Assets	88.16	90.99	124.66	160.99	182.3	183.21
Long-Term Deferred Tax Assets	7.42	7.2	14.12	13.09	6.47	2.15
Other Long-Term Assets	3.83	5.33	0.12	3.22	2.66	1.22
Total Assets	882.42	1,109	1,177	1,271	1,323	1,315
Accounts Payable	131.1	162.99	175.79	198.35	205.8	193.83
Accrued Expenses	-	-	47.11	66.86	101.12	93.99
Short-Term Debt	51.07	20	-	30	27.76	21.92
Current Portion of Long-Term Debt	20.16	143.73	25	18.75	55.56	52.63
Current Portion of Leases	-	-	10.9	10.81	15.14	10.63
Current Income Taxes Payable	-	-	1.84	0.6	3.32	0.65
Current Unearned Revenue	-	-	18.05	17.14	19.13	150.66
Other Current Liabilities	169.6	236.14	149.94	170.66	175.19	79.4
Total Current Liabilities	371.93	562.87	428.63	513.18	603.02	603.72
Long-Term Debt	-	1.11	115.62	134.02	90.67	97.4
Long-Term Leases	20.37	14.01	15.79	15.92	16.74	-
Long-Term Deferred Tax Liabilities	0.04	2.49	7.23	14.67	20.54	14.65
Other Long-Term Liabilities	51.65	43.63	39.48	19.31	20.82	43.31
Total Liabilities	443.99	624.11	606.75	697.1	751.78	759.07
Common Stock	34.41	34.41	34.41	31.63	305.13	209.63
Additional Paid-In Capital	1,006	1,005	1,005	979.25	690.91	705.66
Treasury Stock	-	-	-	-	-	-1.91
Comprehensive Income & Other	-601.84	-554.19	-468.66	-437.18	-424.52	-359.06
Total Common Equity	438.43	485.08	570.61	573.7	571.52	554.31
Minority Interest	-	-	-	-	-	1.27
Shareholders' Equity	438.43	485.08	570.61	573.7	571.52	555.59
Total Liabilities & Equity	882.42	1,109	1,177	1,271	1,323	1,315
Total Debt	91.6	178.85	167.31	209.49	205.87	182.58
Net Cash (Debt)	-83.59	-169.54	-136.54	-132.04	-144.75	-132.23
Net Cash Per Share	-2.43	-4.93	-4.39	-4.25	-6.38	-7.01
Filing Date Shares Outstanding	34.41	34.87	34.41	31.63	30.51	20.96
Total Common Shares Outstanding	34.41	34.41	34.41	31.63	30.51	20.96
Working Capital	-236.27	-222.92	-221.74	-235.57	-270.9	-247.83
Book Value Per Share	12.74	14.10	16.58	18.14	18.73	26.44
Tangible Book Value	-135.08	-100.89	-186.16	-211.47	-211.86	-221.45
Tangible Book Value Per Share	-3.93	-2.93	-5.41	-6.69	-6.94	-10.56
Machinery	-	316	306.84	323.4	337.58	292.23