Nordecon AS Balance Sheet

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

Millions EUR. 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	2.86	5.27	8.2	11.89	7.24	9.03
Short-Term Investments	-	1.09	-	-	-	-
Cash & Short-Term Investments	2.86	6.35	8.2	11.89	7.24	9.03
Cash Growth	-61.36%	-22.46%	-31.09%	64.30%	-19.85%	-28.19%
Accounts Receivable	36.73	46.33	29.16	36.79	47.94	48.01
Other Receivables	0	0.02	0.29	0.22	0.15	0.08
Receivables	36.73	46.35	29.45	37.01	48.08	48.09
Inventory	43.04	26.02	28.09	25.88	25.45	25.64
Prepaid Expenses	3.65	0.71	1.04	0.27	0.78	0.91
Other Current Assets	1.11	2.56	2.5	1.52	5.95	4.04
Total Current Assets	87.39	82	69.28	76.57	87.5	87.71
Property, Plant & Equipment	13.37	12.23	13.25	14.29	17.67	17.43
Long-Term Investments	0.08	0.08	0.08	0.08	0.08	0.08
Goodwill	-	14	14	14	14.18	14.18
Other Intangible Assets	14.93	0.45	0.48	0.49	0.47	0.4
Long-Term Accounts Receivable	-	-	0.09	0.17	0.24	0.33
Long-Term Deferred Charges	-	0.47	0.47	0.47	0.47	0.47
Other Long-Term Assets	6.22	7.33	6.43	5.52	8.36	5.6
Total Assets	131.94	126.7	113.75	120.53	137.33	135.07
Accounts Payable	51.52	35.4	28.48	28.74	46.39	44.92
Accrued Expenses	-	23.48	18.55	20.36	25.81	18.09
Short-Term Debt	8.88	8.96	5.29	5.37	11.47	10.25
Current Portion of Long-Term Debt	1.07	1.07	5.33	2.7	2.63	3.07
Current Portion of Leases	2.13	2.02	2.01	2.11	3.1	2.97
Current Income Taxes Payable	-	-	-	-	0.25	0.41
Current Unearned Revenue	12.23	15.25	12.47	20.6	7	11.54
Other Current Liabilities	11.67	4.52	1.38	1.13	1.98	1.8
Total Current Liabilities	87.49	90.7	73.51	81.02	98.95	93.32
Long-Term Debt	9.8	2.22	1.89	4.16	-	1.07
Long-Term Leases	4	3.49	3.83	4.4	6.31	6.33
Other Long-Term Liabilities	7.35	7.34	7.92	8.42	4.82	6.22
Total Liabilities	108.65	103.74	87.15	97.99	110.07	106.95
Common Stock	14.38	14.38	14.38	14.38	14.38	14.38
Additional Paid-In Capital	0.64	0.64	0.64	0.64	0.64	0.64
Retained Earnings	2.8	2.7	7.3	3.47	5.25	8.9
Treasury Stock	-0.66	-0.66	-0.66	-0.66	-0.66	-0.66
Comprehensive Income & Other	4.6	4.52	4.03	3.79	3.32	1.95
Total Common Equity	21.75	21.57	25.69	21.61	22.92	25.2
Minority Interest	1.54	1.39	0.92	0.93	4.35	2.93
Shareholders' Equity	23.3	22.96	26.6	22.54	27.26	28.13
Total Liabilities & Equity	131.94	126.7	113.75	120.53	137.33	135.07
Total Debt	25.88	17.76	18.35	18.75	23.5	23.69
Net Cash (Debt)	-23.02	-11.4	-10.15	-6.86	-16.27	-14.66
Net Cash Per Share	-0.73	-0.36	-0.32	-0.22	-0.52	-0.47
Filing Date Shares Outstanding	31.53	31.53	31.53	31.53	31.53	31.53
Total Common Shares Outstanding	31.53	31.53	31.53	31.53	31.53	31.53
Working Capital	-0.1	-8.7	-4.23	-4.45	-11.44	-5.61
Book Value Per Share	0.69	0.68	0.81	0.69	0.73	0.80
Tangible Book Value	6.82	7.12	11.21	7.13	8.27	10.62
Tangible Book Value Per Share	0.22	0.23	0.36	0.23	0.26	0.34
Land	-	3.27	3.26	3.24	3.17	3.19
Machinery	-	19.68	22.34	20.06	20.91	17.6
Construction In Progress	-	0.23	0.11	0.31	0.15	0.14
Order Backlog	-	273.06	209.49	216.73	149.8	266.86