Morrow Bank AB 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	1,531	1,024	2,084	1,530	808	1,302
Cash & Short-Term Investments	1,531	1,024	2,084	1,530	808	1,302
Cash Growth	-14.54%	-50.86%	36.21%	89.36%	-37.93%	-45.94%
Accounts Receivable	16,770	16,871	13,848	11,076	9,111	7,398
Other Receivables	15.97	8.5	9.8	14.7	-	286.8
Total Trade Receivables	16,786	16,879	13,857	11,091	9,111	7,685
Total Current Assets	18,316	17,903	15,941	12,621	9,919	8,986
Net Property, Plant & Equipment	28.77	14.5	18.3	22	8	9.1
Other Intangible Assets	65.42	69.5	68	66.9	45	153.5
Long-Term Investments	3,387	2,923	2,589	926.1	1,454	883
Other Long-Term Assets	0.72	-	-	29.5	185	73.4
Total Assets	21,799	20,910	18,617	13,665	11,529	10,106
Short-Term Debt	-	17,155	15,705	11,096	9,348	7,934
Other Current Liabilities	70.54	84	31.3	-	0	0.1
Total Current Liabilities	70.54	17,239	15,736	11,096	9,348	7,934
Long-Term Debt	19,089	265	265	165	65	65
Other Long-Term Liabilities	20.99	688.9	147	125.3	162	142.4
Total Long-Term Liabilities	19,110	953.9	412	290.3	227	207.4
Total Liabilities	19,180	18,193	16,148	11,386	9,575	8,141
Common Stock	236.9	231.4	230	229.4	188	187.1
Additional Paid-in Capital	-	996.1	993.5	993.4	843	840.5
Retained Earnings	2,107	1,215	1,046	856.7	1,446	736.9
Total Common Shareholders' Equity	2,344	2,443	2,270	2,080	2,477	1,765
Minority Interest	274.77	275	199.6	199.6	200	199.6
Shareholders' Equity	2,618	2,718	2,469	2,279	2,677	1,964
Total Liabilities & Equity	21,799	20,910	18,617	13,665	12,252	10,106
Total Debt	19,089	17,420	15,970	11,261	9,413	7,999
Net Cash (Debt)	-17,558	-16,396	-13,886	-9,731	-8,605	-6,697
Net Cash Per Share	-90.47	-70.02	-59.55	-44.64	-44.97	-35.11
Book Value	2,344	2,443	2,270	2,080	2,477	1,765
Book Value Per Share	12.08	10.43	9.73	9.54	12.94	9.25
Tangible Book Value	2,278	2,373	2,202	2,013	2,432	1,611
Tangible Book Value Per Share	11.74	10.13	9.44	9.23	12.71	8.45