Alefarm Brewing Balance Sheet

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

Millions DKK. 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	1.34	0.96	2.06	4.05	9.75
Cash & Short-Term Investments	1.34	0.96	2.06	4.05	9.75
Cash Growth	40.11%	-53.42%	-49.22%	-58.46%	-44.33%
Accounts Receivable	0.8	0.75	0.44	0.42	0.64
Other Receivables	0.45	0.42	0.34	0.47	0.8
Receivables	1.26	1.17	0.77	0.9	1.44
Inventory	3.23	3.91	3.57	3.57	2.84
Total Current Assets	5.83	6.04	6.4	8.51	15.34
Property, Plant & Equipment	2.6	3.89	4.67	6.23	6.8
Other Intangible Assets	-	1.89	1.4	1.1	0.5
Other Long-Term Assets	0.5	0.5	0.42	0.39	0.44
Total Assets	8.93	12.32	12.89	16.23	23.07
Accounts Payable	0.93	0.98	0.13	0.23	0.15
Current Portion of Leases	0.09	0.09	-	-	-
Other Current Liabilities	0.35	0.29	0.41	0.12	0.48
Total Current Liabilities	1.38	1.36	0.55	0.35	0.64
Long-Term Leases	0.24	0.32	-	-	-
Other Long-Term Liabilities	-	-0	-	-	-
Total Liabilities	1.62	1.68	0.55	0.35	0.64
Common Stock	0.71	0.71	0.67	0.67	0.67
Additional Paid-In Capital	-	1.46	-	-	-
Retained Earnings	6.6	8.47	11.67	15.21	21.77
Shareholders' Equity	7.31	10.64	12.34	15.88	22.44
Total Liabilities & Equity	8.93	12.32	12.89	16.23	23.07
Total Debt	0.34	0.42	-	-	-
Net Cash (Debt)	1	0.54	2.06	4.05	9.75
Net Cash Growth	85.35%	-73.70%	-49.22%	-58.46%	-44.33%
Net Cash Per Share	0.07	0.04	0.15	0.30	0.73
Filing Date Shares Outstanding	13.04	14.15	13.4	13.4	13.4
Total Common Shares Outstanding	13.04	14.15	13.4	13.4	13.4
Working Capital	4.45	4.68	5.85	8.16	14.7
Book Value Per Share	0.56	0.75	0.92	1.18	1.67
Tangible Book Value	7.31	8.75	10.94	14.78	21.94
Tangible Book Value Per Share	0.56	0.62	0.82	1.10	1.64
Machinery	8.18	7.92	7.06	6.97	6.25
Leasehold Improvements	2.7	2.7	2.7	2.68	2.35