Vow ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	30.5	46.3	57.5	42.5	141.1
Cash & Short-Term Investments	30.5	46.3	57.5	42.5	141.1
Cash Growth	-34.13%	-19.48%	35.29%	-69.88%	430.45%
Accounts Receivable	325.7	503.3	511.3	531.3	317.3
Other Receivables	38.2	23.2	29.7	56.4	33.5
Receivables	363.9	526.5	541	587.7	350.8
Inventory	36.5	38	36.1	54.6	18
Prepaid Expenses	-	105	90.7	45.1	26.5
Other Current Assets	0.1	0.1	-	-	-0.1
Total Current Assets	431	715.9	725.3	729.9	536.3
Property, Plant & Equipment	87.8	97	121.2	80	47.2
Long-Term Investments	-	34.6	99.3	120.5	142.6
Goodwill	121.3	179	171.6	179.3	137.8
Other Intangible Assets	425.4	470.3	416.5	332.8	232.6
Long-Term Deferred Tax Assets	-	-	-	9.2	9.2
Other Long-Term Assets	0.4	0.6	1.2	0.7	0.9
Total Assets	1,066	1,497	1,535	1,452	1,107
Accounts Payable	139.9	205.4	155.9	177.8	72.9
Accrued Expenses	-	30.3	34.6	28.8	18.6
Short-Term Debt	164.4	87.3	211.7	90.2	2.4
Current Portion of Long-Term Debt	193.9	52.7	81.8	191	39.8
Current Portion of Leases	14.4	15	14.6	12.2	14.1
Current Income Taxes Payable	1.8	-	-	-	-
Current Unearned Revenue	147.9	240.8	182.3	153.7	149.7
Other Current Liabilities	76.2	20.7	14.8	3	0.7
Total Current Liabilities	738.5	652.2	695.7	656.7	298.2
Long-Term Debt	33.7	254.5	345.8	192.9	240.4
Long-Term Leases	56.5	60.6	68.1	25.3	11
Long-Term Deferred Tax Liabilities	9.9	25.5	29.1	46.8	33.2
Other Long-Term Liabilities	-	0.1	-	0.1	0.1
Total Liabilities	838.6	992.9	1,139	921.8	582.9
Common Stock	27.2	27.2	10.7	10.7	10.7
Additional Paid-In Capital	704.5	705	498	498	516.4
Retained Earnings	-563.2	-283.7	-151.3	3.9	-10.5
Treasury Stock	-0.1	-0.1	-0.1	-0.1	-
Comprehensive Income & Other	47.6	51.9	35.3	17	6
Total Common Equity	216	500.3	392.6	529.5	522.6
Minority Interest	11.3	4.2	3.8	1.1	1.1
Shareholders' Equity	227.3	504.5	396.4	530.6	523.7
Total Liabilities & Equity	1,066	1,497	1,535	1,452	1,107
Total Debt	462.9	470.1	722	511.6	307.7
Net Cash (Debt)	-432.4	-423.8	-664.5	-469.1	-166.6
Net Cash Per Share	-1.55	-3.51	-5.84	-3.98	-1.44
Filing Date Shares Outstanding	290.42	290.42	113.84	113.92	114.64
Total Common Shares Outstanding	290.42	290.42	113.84	113.92	114.64
Working Capital	-307.5	63.7	29.6	73.2	238.1
Book Value Per Share	0.74	1.72	3.45	4.65	4.56
Tangible Book Value	-330.7	-149	-195.5	17.4	152.2
Tangible Book Value Per Share	-1.14	-0.51	-1.72	0.15	1.33
Machinery	-	95.1	91.1	79	43.3
Order Backlog	1,699	1,680	1,030	1,190	1,291

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.