Telenor ASA (OSL:TEL)

Telenor ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	31,699	16,335	10,380	19,556	9,929	15,223
Short-Term Investments	8,429	825	1,614	1,651	361	839
Cash & Short-Term Investments	40,128	17,160	11,994	21,207	10,290	16,062
Cash Growth	438.20%	43.07%	-43.44%	106.09%	-35.94%	-24.07%
Accounts Receivable	12,424	13,701	13,812	15,524	18,842	21,739
Inventory	996	862	877	955	1,559	1,563
Other Current Assets	1,148	211	770	2,069	1,491	4,478
Total Current Assets	54,696	31,934	27,453	39,756	32,182	43,843
Net Property, Plant & Equipment	71,193	71,878	80,798	77,462	111,345	124,332
Other Intangible Assets	8,878	9,379	9,542	9,279	9,689	10,195
Goodwill	25,545	26,822	26,319	25,232	27,334	27,448
Long-Term Investments	31,382	72,712	74,662	57,634	39,686	5,683
Other Long-Term Assets	14,276	8,925	10,034	9,015	19,012	14,241
Total Assets	205,971	221,651	228,808	218,376	239,249	225,740

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	19,536	21,243	22,774	21,108	28,227	32,320
Current Portion of Long-Term Debt	1,097	12,607	11,350	11,789	9,169	9,276
Current Portion of Leases	3,328	3,660	3,844	4,107	6,674	6,977
Other Current Liabilities	16,600	7,883	7,508	8,986	9,707	13,594
Total Current Liabilities	41,395	46,285	46,384	45,990	53,777	62,167
Long-Term Debt	71,144	74,187	72,730	75,686	82,724	87,811
Long-Term Leases	11,678	11,399	13,697	13,201	24,417	28,101
Other Long-Term Liabilities	14,503	15,043	15,135	13,066	13,957	16,162
Total Long-Term Liabilities	96,491	99,737	100,652	101,952	121,097	132,073
Total Liabilities	137,886	146,022	147,036	147,942	174,874	194,240

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Common Shareholders' Equity	62,982	70,479	75,855	64,483	60,139	26,294
Minority Interest	5,103	5,150	5,917	5,951	4,237	5,206
Shareholders' Equity	68,085	75,629	81,772	70,434	64,375	31,500
Total Liabilities & Equity	205,971	221,651	228,808	218,376	239,249	225,740

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	87,247	101,853	101,621	104,783	122,984	132,165
Net Cash (Debt)	-47,119	-84,693	-89,627	-83,576	-112,694	-116,103
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-34.44	-61.90	-65.11	-60.23	-80.53	-82.96
Book Value	62,982	70,479	75,855	64,483	60,139	26,294
Book Value Per Share	46.04	51.51	55.11	46.47	42.97	18.79
Tangible Book Value	28,559	34,278	39,994	29,972	23,116	-11,349
Tangible Book Value Per Share	20.87	25.05	29.06	21.60	16.52	-8.11

Data Source: Fiscal.ai Last updated: Jul 16, 2026

Financial data is provided by Fiscal.ai and updates within minutes after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 1, 2026

Data Sources Report a data error