Spir Group ASA Balance Sheet

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

Millions NOK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar '25 Mar 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	93.2	43.12	54.48	50.91	118.83	132.38
Cash & Short-Term Investments	93.2	43.12	54.48	50.91	118.83	132.38
Cash Growth	-35.39%	-20.84%	7.01%	-57.16%	-10.23%	-
Accounts Receivable	229.72	111.28	114.76	137.23	62.09	22.33
Other Receivables	-	0.05	6.47	47.95	9.93	0.2
Receivables	229.72	111.33	121.23	185.18	72.02	22.52
Prepaid Expenses	-	23.03	24.57	28.27	12.1	4.34
Other Current Assets	-0	-0	-	-0	-0	-
Total Current Assets	322.92	177.48	200.28	264.35	202.95	159.24
Property, Plant & Equipment	79.85	84.72	52.43	69.39	41.98	14.49
Long-Term Investments	45.96	44.04	37.41	30.18	13.05	0.06
Goodwill	1,193	1,184	1,044	1,046	712.39	59.82
Other Intangible Assets	543.37	544.39	504.27	534.29	427.67	109.43
Long-Term Deferred Charges	336.31	361.35	306.53	266.09	201.79	107.66
Other Long-Term Assets	-	1.43	0.84	0.41	0.41	-0
Total Assets	2,521	2,397	2,146	2,211	1,600	450.7
Accounts Payable	317	219.19	60.6	63.05	30.32	9.23
Accrued Expenses	-	-	96.94	81.69	74.39	35.11
Current Portion of Long-Term Debt	88.78	138.78	118.78	128.48	101	15
Current Portion of Leases	21.84	18.07	17.54	25.07	13.28	2.76
Current Income Taxes Payable	17.7	12.42	10.21	1.77	14.65	2.41
Current Unearned Revenue	118.97	29.38	22.07	38.09	39.09	15.74
Other Current Liabilities	-	-0	60.15	67.14	27.75	1.63
Total Current Liabilities	564.28	417.83	386.28	405.28	300.48	81.87
Long-Term Debt	517.57	539.32	542.99	629.79	439.67	89.67
Long-Term Leases	46.86	54.65	25.97	23.32	23.96	8.88
Long-Term Deferred Tax Liabilities	132.11	125.64	99.58	115.53	79.25	10.15
Other Long-Term Liabilities	-0	-	-	0	0	6.53
Total Liabilities	1,261	1,137	1,055	1,174	843.37	197.11
Common Stock	2.65	2.65	2.6	2.55	1.88	1.48
Additional Paid-In Capital	1,044	1,044	1,014	1,006	683.4	237.17
Retained Earnings	-	-	-	-	-	14.2
Comprehensive Income & Other	118.18	117.86	71.34	25.03	19.52	0.74
Total Common Equity	1,164	1,164	1,088	1,033	704.79	253.59
Minority Interest	95.73	95.35	3.08	3.34	52.08	-
Shareholders' Equity	1,260	1,260	1,091	1,037	756.87	253.59
Total Liabilities & Equity	2,521	2,397	2,146	2,211	1,600	450.7
Total Debt	675.04	750.81	705.28	806.66	577.92	116.31
Net Cash (Debt)	-581.84	-707.69	-650.81	-755.75	-459.09	16.07
Net Cash Per Share	-4.43	-5.37	-5.06	-7.32	-5.24	0.28
Filing Date Shares Outstanding	132.66	132.57	130.05	127.44	94.02	74.02
Total Common Shares Outstanding	132.66	132.57	130.05	127.44	94.02	74.02
Working Capital	-241.36	-240.35	-186	-140.93	-97.53	77.37
Book Value Per Share	8.78	8.78	8.36	8.11	7.50	3.43
Tangible Book Value	-571.5	-563.77	-460.41	-546.85	-435.26	84.34
Tangible Book Value Per Share	-4.31	-4.25	-3.54	-4.29	-4.63	1.14
Machinery	32.76	31.77	23.55	33.39	8.52	3.94

Source: S&P Global Market Intelligence. Standard template. Financial Sources.