TGS ASA (OSL:TGS)

TGS ASA Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	148.4	212.3	122.8	196.74	188.45	215.33
Cash & Short-Term Investments	148.4	212.3	122.8	196.74	188.45	215.33
Cash Growth	-30.23%	72.88%	-37.58%	4.40%	-12.48%	10.02%
Accounts Receivable	403.4	384.2	513.4	156.93	240.32	146.06
Other Receivables	-	45.4	25.7	40.3	78.46	73.9
Receivables	403.4	429.6	539.1	197.23	318.78	219.97
Inventory	-	19.3	42.8	12.57	6.58	-
Prepaid Expenses	-	46.7	40.5	21.56	-	-
Restricted Cash	-	-	37.8	-	-	-
Other Current Assets	199.5	46.8	46	14.84	0	-
Total Current Assets	751.3	754.7	829	442.94	513.81	435.29
Property, Plant & Equipment	860.1	974.3	1,002	210.41	205.39	56.55
Long-Term Investments	-	3.5	6.3	5.49	5.29	2.91
Goodwill	533.1	555.9	560.1	384.65	384.65	303.96
Other Intangible Assets	1,369	1,311	1,358	826.1	641.14	730.35
Long-Term Deferred Tax Assets	216.7	237.1	249.7	67.9	82.2	95.89
Other Long-Term Assets	91.8	97.3	32.8	18.94	6.42	4.88
Total Assets	3,822	3,934	4,038	1,956	1,839	1,630

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	192.3	82.1	130.6	47.39	72.86	71.67
Accrued Expenses	-	131	190.5	48.12	145.34	48.15
Short-Term Debt	-	-	84.6	-	44.75	-
Current Portion of Long-Term Debt	32.8	44.3	3.7	-	-	-
Current Portion of Leases	67.1	89.8	109.5	43.88	38.35	10.78
Current Income Taxes Payable	166.2	88.8	62.2	5.46	14.04	77.94
Current Unearned Revenue	566.4	578.4	532.2	276.06	126.46	238.17
Other Current Liabilities	148.9	167.2	151.7	160.96	63.18	-
Total Current Liabilities	1,174	1,182	1,265	581.87	504.99	446.71
Long-Term Debt	566.2	605.9	561.2	-	-	-
Long-Term Leases	74.5	116.1	61.4	41.33	28.61	33.02
Long-Term Deferred Tax Liabilities	20.1	16.9	45.8	16.43	23.13	32.06
Other Long-Term Liabilities	12	32.3	28.7	41.21	42.41	2.71
Total Liabilities	1,847	1,953	1,962	680.84	599.13	514.5

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	5.9	5.9	5.9	4.41	4.26	4.09
Additional Paid-In Capital	-	1,462	1,462	669.21	582.83	462.13
Retained Earnings	-	534.2	630.3	624.59	671.37	671.39
Treasury Stock	-	-	-	-0.02	-0.02	-0.04
Comprehensive Income & Other	1,970	-22.1	-23.3	-23.09	-22.54	-22.23
Total Common Equity	1,976	1,980	2,075	1,275	1,236	1,115
Minority Interest	-	0.5	0.5	0.47	3.86	-0.01
Shareholders' Equity	1,976	1,981	2,076	1,276	1,240	1,115
Total Liabilities & Equity	3,822	3,934	4,038	1,956	1,839	1,630

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	740.6	856.1	820.4	85.21	111.71	43.8
Net Cash (Debt)	-592.2	-643.8	-697.6	111.53	76.75	171.53
Net Cash Growth	-	-	-	45.33%	-55.26%	26.74%
Net Cash Per Share	-2.87	-3.24	-4.23	0.88	0.65	1.47
Filing Date Shares Outstanding	196.76	196.46	196.21	130.86	124.47	116.11
Total Common Shares Outstanding	196.76	196.46	196.21	130.86	124.47	116.11
Working Capital	-422.4	-426.9	-436	-138.94	8.82	-11.42
Book Value Per Share	10.04	10.08	10.58	9.74	9.93	9.61
Tangible Book Value	73.4	113.6	157.2	64.36	210.12	81.03
Tangible Book Value Per Share	0.37	0.58	0.80	0.49	1.69	0.70
Buildings	-	25.1	23.5	10.88	10.81	9.32
Machinery	-	1,138	1,063	289.99	281.59	144.88

Data Source: S&P Global Market Intelligence Last updated: Oct 22, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 23, 2026

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