Norva24 Group AB (Publ) (STO:NORVA)

Norva24 Group AB (Publ) Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	411.9	267	204.7	260.4	180.9
Cash & Short-Term Investments	411.9	267	204.7	260.4	180.9
Cash Growth	54.27%	30.44%	-21.39%	43.95%	5.30%
Accounts Receivable	480.3	441.9	340.1	281.4	238.8
Other Receivables	184.7	167.8	128.6	142.8	43.6
Receivables	665	609.7	468.7	424.2	282.4
Inventory	18.7	18.7	12.7	10.8	2.7
Prepaid Expenses	39.6	33.2	19.2	28.4	17.2
Other Current Assets	-	-	-	-	0.1
Total Current Assets	1,135	928.6	705.3	723.8	483.3
Property, Plant & Equipment	1,662	1,404	1,236	1,154	875.9
Long-Term Investments	0.7	0.7	0.6	1.3	1.1
Goodwill	2,073	1,717	1,509	1,223	1,071
Other Intangible Assets	187.7	151.4	152.5	120.5	108.9
Other Long-Term Assets	8	4.4	4.6	3.4	4.5
Total Assets	5,066	4,206	3,608	3,225	2,545
Accounts Payable	171.1	157.5	135.8	144.2	86.5
Accrued Expenses	353.8	290.2	232	271.8	177.9
Current Portion of Long-Term Debt	11.1	11.3	11.5	61.2	101.3
Current Portion of Leases	267.7	219.7	179.5	155.5	130.8
Current Income Taxes Payable	39.9	40.6	21.3	25.3	31.3
Other Current Liabilities	58.1	87.9	81.1	106.8	39.5
Total Current Liabilities	901.7	807.2	661.2	764.8	567.3
Long-Term Debt	911.6	638.4	533.5	264.1	768.8
Long-Term Leases	772.1	647.9	554.3	543.1	425.6
Long-Term Deferred Tax Liabilities	74.3	36.6	80.5	21.2	48.2
Other Long-Term Liabilities	114	5.7	49.1	12.3	45.3
Total Liabilities	2,774	2,136	1,879	1,606	1,857
Common Stock	0.6	0.6	0.6	0.5	10.4
Additional Paid-In Capital	1,443	1,439	1,437	1,433	575.9
Retained Earnings	753.4	576.5	350	210.2	91.2
Treasury Stock	-24.1	-4.3	-	-	-
Comprehensive Income & Other	119.2	59.2	-58.5	-24	10.5
Shareholders' Equity	2,292	2,071	1,729	1,620	688
Total Liabilities & Equity	5,066	4,206	3,608	3,225	2,545
Total Debt	1,963	1,517	1,279	1,024	1,427
Net Cash (Debt)	-1,551	-1,250	-1,074	-763.5	-1,246
Net Cash Per Share	-8.51	-6.85	-5.88	-11.90	-31.45
Filing Date Shares Outstanding	181.79	182.5	182.68	182.47	150.48
Total Common Shares Outstanding	181.79	182.5	182.68	182.47	150.48
Working Capital	233.5	121.4	44.1	-41	-84
Book Value Per Share	12.61	11.35	9.47	8.88	4.57
Tangible Book Value	31.7	201.9	68.1	276.6	-491.7
Tangible Book Value Per Share	0.17	1.11	0.37	1.52	-3.27
Buildings	143.1	108.6	80.1	82.1	77.1
Machinery	1,343	1,148	960.3	753.2	554.7

Updated Feb 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.