Cavendish Hydrogen ASA (STO:CAVENO)

Cavendish Hydrogen ASA Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023
Cash & Equivalents	34.5	41.78	7.02
Cash & Short-Term Investments	34.5	41.78	7.02
Cash Growth	391.59%	495.30%	-
Accounts Receivable	6.4	6.27	10.88
Other Receivables	-	0.28	0.23
Receivables	6.4	6.55	11.12
Inventory	17.7	18.75	27.75
Prepaid Expenses	-	0.2	0.04
Other Current Assets	3.4	3.71	2.38
Total Current Assets	62	70.99	48.3
Property, Plant & Equipment	10.9	11.4	11.88
Long-Term Investments	-	-	0.87
Other Intangible Assets	12.9	12.61	8.68
Other Long-Term Assets	0.2	0.21	0.16
Total Assets	86	95.2	69.9
Accounts Payable	1.1	2.63	5.57
Accrued Expenses	-	2.33	3.28
Current Portion of Leases	0.3	0.4	0.44
Current Unearned Revenue	7.3	9.12	17.46
Other Current Liabilities	7.7	3.4	3.92
Total Current Liabilities	16.4	17.88	30.67
Long-Term Debt	1.8	1.86	15.77
Long-Term Leases	0.3	0.36	0.6
Long-Term Unearned Revenue	-	2.01	1.39
Long-Term Deferred Tax Liabilities	-	0.03	0.09
Other Long-Term Liabilities	2	-	0.01
Total Liabilities	20.5	22.15	48.53
Common Stock	5.9	5.89	-
Additional Paid-In Capital	87.3	87.3	-
Retained Earnings	-31.2	-21.81	19.33
Comprehensive Income & Other	3.5	1.67	2.04
Shareholders' Equity	65.5	73.05	21.36
Total Liabilities & Equity	86	95.2	69.9
Total Debt	2.4	2.62	16.81
Net Cash (Debt)	32.1	39.16	-9.79
Net Cash Per Share	0.95	1.16	-0.29
Filing Date Shares Outstanding	33.62	33.62	33.67
Total Common Shares Outstanding	33.62	33.62	33.67
Working Capital	45.6	53.11	17.62
Book Value Per Share	1.95	2.17	0.63
Tangible Book Value	52.6	60.45	12.68
Tangible Book Value Per Share	1.56	1.80	0.38
Buildings	-	9.01	8.57
Machinery	-	9.52	8.41
Order Backlog	-	17.41	32.4

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