Nordecon AS Balance Sheet

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

Millions EUR. 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	5.27	8.2	11.89	7.24	9.03
Short-Term Investments	1.09	-	-	-	-
Cash & Short-Term Investments	6.35	8.2	11.89	7.24	9.03
Cash Growth	-22.46%	-31.09%	64.30%	-19.85%	-28.19%
Accounts Receivable	46.35	29.16	36.79	47.94	48.01
Other Receivables	-	0.29	0.22	0.15	0.08
Receivables	46.35	29.45	37.01	48.08	48.09
Inventory	26.02	28.09	25.88	25.45	25.64
Prepaid Expenses	3.27	1.04	0.27	0.78	0.91
Other Current Assets	-	2.5	1.52	5.95	4.04
Total Current Assets	82	69.28	76.57	87.5	87.71
Property, Plant & Equipment	12.23	13.25	14.29	17.67	17.43
Long-Term Investments	1.89	0.08	0.08	0.08	0.08
Goodwill	-	14	14	14.18	14.18
Other Intangible Assets	14.92	0.48	0.49	0.47	0.4
Long-Term Accounts Receivable	10.14	0.09	0.17	0.24	0.33
Long-Term Deferred Charges	-	0.47	0.47	0.47	0.47
Other Long-Term Assets	5.52	5.52	5.52	8.36	5.6
Total Assets	126.7	113.75	120.53	137.33	135.07
Accounts Payable	49.55	28.48	28.74	46.39	44.92
Accrued Expenses	-	18.55	20.36	25.81	18.09
Short-Term Debt	-	5.29	5.37	11.47	10.25
Current Portion of Long-Term Debt	12.05	5.33	2.7	2.63	3.07
Current Portion of Leases	-	2.01	2.11	3.1	2.97
Current Income Taxes Payable	-	-	-	0.25	0.41
Current Unearned Revenue	15.25	12.47	20.6	7	11.54
Other Current Liabilities	11.12	1.38	1.13	1.98	1.8
Total Current Liabilities	87.96	73.51	81.02	98.95	93.32
Long-Term Debt	5.71	1.89	4.16	-	1.07
Long-Term Leases	-	3.83	4.4	6.31	6.33
Other Long-Term Liabilities	4.03	7.92	8.42	4.82	6.22
Total Liabilities	97.7	87.15	97.99	110.07	106.95
Common Stock	14.38	14.38	14.38	14.38	14.38
Additional Paid-In Capital	0.64	0.64	0.64	0.64	0.64
Retained Earnings	8.74	7.3	3.47	5.25	8.9
Treasury Stock	-0.66	-0.66	-0.66	-0.66	-0.66
Comprehensive Income & Other	4.52	4.03	3.79	3.32	1.95
Total Common Equity	27.62	25.69	21.61	22.92	25.2
Minority Interest	1.39	0.92	0.93	4.35	2.93
Shareholders' Equity	29	26.6	22.54	27.26	28.13
Total Liabilities & Equity	126.7	113.75	120.53	137.33	135.07
Total Debt	17.76	18.35	18.75	23.5	23.69
Net Cash (Debt)	-11.4	-10.15	-6.86	-16.27	-14.66
Net Cash Per Share	-0.40	-0.32	-0.22	-0.52	-0.47
Filing Date Shares Outstanding	29.9	31.53	31.53	31.53	31.53
Total Common Shares Outstanding	29.9	31.53	31.53	31.53	31.53
Working Capital	-5.97	-4.23	-4.45	-11.44	-5.61
Book Value Per Share	0.92	0.81	0.69	0.73	0.80
Tangible Book Value	12.69	11.21	7.13	8.27	10.62
Tangible Book Value Per Share	0.42	0.36	0.23	0.26	0.34
Land	-	3.26	3.24	3.17	3.19
Machinery	-	22.34	20.06	20.91	17.6
Construction In Progress	-	0.11	0.31	0.15	0.14
Order Backlog	-	209.49	216.73	149.8	266.86

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