Norva24 Group AB (Publ) (STO: NORVA)

Norva24 Group AB (Publ) Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	318.4	267	204.7	260.4	180.9	171.8
Cash & Short-Term Investments	318.4	267	204.7	260.4	180.9	171.8
Cash Growth	44.07%	30.43%	-21.39%	43.95%	5.30%	170.66%
Accounts Receivable	550.1	441.9	340.1	281.4	238.8	192.7
Other Receivables	242.2	167.8	128.6	142.8	43.6	8
Receivables	792.3	609.7	468.7	424.2	282.4	200.7
Inventory	27.6	18.7	12.7	10.8	2.7	1.8
Prepaid Expenses	-	33.2	19.2	28.4	17.2	-
Other Current Assets	-0.1	-	-	-	0.1	10.9
Total Current Assets	1,138	928.6	705.3	723.8	483.3	385.2
Property, Plant & Equipment	1,631	1,404	1,236	1,154	875.9	680.8
Long-Term Investments	-	0.7	0.6	1.3	1.1	0.5
Goodwill	2,080	1,717	1,509	1,223	1,071	775.5
Other Intangible Assets	196.2	151.4	152.5	120.5	108.9	62.7
Other Long-Term Assets	10.2	4.4	4.6	3.4	4.5	4.9
Total Assets	5,055	4,206	3,608	3,225	2,545	1,910
Accounts Payable	199.9	157.5	135.8	144.2	86.5	83.5
Accrued Expenses	-	290.2	232	271.8	177.9	113.5
Current Portion of Long-Term Debt	5.2	11.3	11.5	61.2	101.3	89
Current Portion of Leases	266.8	219.7	179.5	155.5	130.8	108
Current Income Taxes Payable	62.3	40.6	21.3	25.3	31.3	19.9
Other Current Liabilities	432	87.9	81.1	106.8	39.5	20.2
Total Current Liabilities	966.2	807.2	661.2	764.8	567.3	434.1
Long-Term Debt	894	638.4	533.5	264.1	768.8	549.5
Long-Term Leases	749.5	647.9	554.3	543.1	425.6	333.9
Long-Term Deferred Tax Liabilities	63.3	36.6	80.5	21.2	48.2	32.4
Other Long-Term Liabilities	115.2	5.7	49.1	12.3	45.3	22.3
Total Liabilities	2,788	2,136	1,879	1,606	1,857	1,374
Common Stock	0.6	0.6	0.6	0.5	10.4	10.2
Additional Paid-In Capital	1,441	1,439	1,437	1,433	575.9	546.9
Retained Earnings	703.9	576.5	350	210.2	91.2	-20.8
Treasury Stock	-18	-4.3	-	-	-	-
Comprehensive Income & Other	138.9	59.2	-58.5	-24	10.5	-0.2
Shareholders' Equity	2,267	2,071	1,729	1,620	688	536.1
Total Liabilities & Equity	5,055	4,206	3,608	3,225	2,545	1,910
Total Debt	1,916	1,517	1,279	1,024	1,427	1,080
Net Cash (Debt)	-1,597	-1,250	-1,074	-763.5	-1,246	-908.6
Net Cash Per Share	-8.76	-6.85	-5.88	-11.90	-31.45	-353.35
Filing Date Shares Outstanding	182.01	182.5	182.68	182.47	150.48	2.57
Total Common Shares Outstanding	182.01	182.5	182.68	182.47	150.48	2.57
Working Capital	172	121.4	44.1	-41	-84	-48.9
Book Value Per Share	12.45	11.35	9.47	8.88	4.57	208.48
Tangible Book Value	-9.2	201.9	68.1	276.6	-491.7	-302.1
Tangible Book Value Per Share	-0.05	1.11	0.37	1.52	-3.27	-117.48
Buildings	-	108.6	80.1	82.1	77.1	-
Machinery	-	1,148	960.3	753.2	554.7	-

Source: S&P Capital IQ. Standard template. Financial Sources.