FREYR Battery Balance Sheet

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

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	181.85	253.34	443.06	563.96	14.75	0.18
Short-Term Investments	4.15	23.89	0.04	-	-	-
Cash & Short-Term Investments	186	277.23	443.1	563.96	14.75	0.18
Cash Growth	-37.88%	-37.43%	-21.43%	3723.69%	8139.66%	-
Other Receivables	-	-	-	-	-	0.18
Receivables	-	-	-	-	-	0.18
Prepaid Expenses	2.84	2.17	8.29	15.88	0.46	0.02
Restricted Cash	2.2	22.4	119.98	1.67	0.2	0.08
Other Current Assets	8.44	10.15	8.08	1.28	0.44	-
Total Current Assets	199.47	311.95	579.46	582.79	15.85	0.46
Property, Plant & Equipment	390.98	390.83	225.32	21.06	0.08	0.02
Long-Term Investments	21.82	22.3	-	2.94	-	-
Other Intangible Assets	2.7	2.81	2.96	-	-	-
Other Long-Term Assets	0.01	4.28	0.01	0.01	-	-
Total Assets	614.99	732.19	827.7	627.03	15.93	0.47
Accounts Payable	10.08	18.11	6.77	3.81	0.91	0.76
Accrued Expenses	16.05	26.55	52.24	21.98	2.45	0.49
Short-Term Debt	-	-	-	-	7.57	-
Current Portion of Leases	3.35	3.38	3.26	-	-	-
Current Unearned Revenue	-	0.2	0.2	-	-	-
Other Current Liabilities	1.88	0.94	0.12	-	-	-
Total Current Liabilities	31.35	49.18	62.58	25.8	10.94	1.25
Long-Term Debt	-	-	-	-	-	0.08
Long-Term Leases	16.78	18.82	11.14	-	-	-
Long-Term Unearned Revenue	27.45	27.44	-	-	-	-
Other Long-Term Liabilities	0.72	2.03	33.85	55.75	0.04	0.09
Total Liabilities	76.3	97.47	107.57	81.55	10.98	1.42
Common Stock	1.41	1.4	139.85	116.85	-	0.14
Additional Paid-In Capital	929.32	925.62	772.6	533.42	15.18	0.19
Retained Earnings	-358	-275	-203.05	-104.26	-10.89	-1.28
Treasury Stock	-	-	-1.04	-	-	-
Comprehensive Income & Other	-34.04	-18.83	9.09	-0.52	0.66	-0
Total Common Equity	538.69	633.2	717.46	545.49	4.96	-0.95
Minority Interest	-	1.52	2.67	-	-	-
Shareholders' Equity	538.69	634.72	720.13	545.49	4.96	-0.95
Total Liabilities & Equity	614.99	732.19	827.7	627.03	15.93	0.47
Total Debt	20.12	22.2	14.4	-	7.57	0.08
Net Cash (Debt)	165.87	255.03	428.7	563.96	7.18	0.1
Net Cash Growth	-40.30%	-40.51%	-23.98%	7760.01%	7147.47%	-
Net Cash Per Share	1.18	1.83	3.62	7.48	0.25	0.00
Filing Date Shares Outstanding	140.49	139.71	139.71	116.85	209.2	118.7
Total Common Shares Outstanding	140.49	139.71	139.71	116.85	209.2	118.7
Working Capital	168.12	262.77	516.88	556.99	4.91	-0.8
Book Value Per Share	3.83	4.53	5.14	4.67	0.02	-0.01
Tangible Book Value	535.99	630.38	714.49	545.49	4.96	-0.95
Tangible Book Value Per Share	3.82	4.51	5.11	4.67	0.02	-0.01
Land	44.33	44.33	44.33	-	-	-
Machinery	36.39	16.98	2.59	1.18	0.1	0.02
Construction In Progress	258.59	269.2	164.39	20.02	-	-
Leasehold Improvements	39.8	39.72	0.02	-	-	-

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