Brødrene A & O Johansen Balance Sheet

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

Millions DKK. 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	36	61.4	55.4	89.5	34.97	136.95
Cash & Short-Term Investments	36	61.4	55.4	89.5	34.97	136.95
Cash Growth	-12.20%	10.83%	-38.10%	155.91%	-74.46%	2.79%
Accounts Receivable	811.3	696.6	608.2	542.8	636.44	491.69
Other Receivables	34.4	36.9	52.9	20.6	32.13	9.7
Total Trade Receivables	845.7	733.5	661.1	563.4	668.57	501.39
Inventory	912.8	896.6	814.5	757.4	865.95	580.48
Other Current Assets	38.2	26	25.3	26.2	21.51	17.04
Total Current Assets	1,833	1,718	1,556	1,437	1,591	1,236
Net Property, Plant & Equipment	1,448	1,418	1,303	1,170	1,115	971.13
Other Intangible Assets	231.2	199	170.5	127.5	112.34	89.29
Goodwill	760.3	760.9	757.5	508.5	499.69	412.03
Long-Term Investments	0.2	0.2	0.2	0.2	0.28	0.25
Other Long-Term Assets	-	0.2	0.2	0.2	0.28	0.25
Total Assets	4,273	4,096	3,787	3,242	3,318	2,709
Accounts Payable	1,110	1,127	1,037	1,007	1,181	1,013
Accrued Expenses	142.4	82.2	63.3	67.2	77.14	62.32
Short-Term Debt	582.7	401	278.9	109.3	73.69	72.86
Current Portion of Leases	50.6	47.9	31.8	36.8	28.97	16.63
Other Current Liabilities	12	3.3	8.7	12	10.24	8.23
Total Current Liabilities	1,898	1,662	1,420	1,232	1,371	1,173
Long-Term Debt	541.4	548	643.6	398.7	418.01	188.76
Long-Term Leases	127.1	113.5	93.7	66.4	56.84	53.47
Other Long-Term Liabilities	97.8	104.9	94.3	70.1	64.61	53.69
Total Long-Term Liabilities	766.3	766.4	831.6	535.2	539.46	295.91
Total Liabilities	2,664	2,428	2,251	1,767	1,911	1,469
Common Stock	28	28	28	28	28	28
Accumulated Other Comprehensive Income	-3.8	-3.5	-11.7	-7.6	-8.64	-2.49
Retained Earnings	1,585	1,644	1,520	1,455	1,388	1,214
Shareholders' Equity	1,609	1,668	1,536	1,475	1,408	1,240
Total Liabilities & Equity	4,273	4,096	3,787	3,242	3,318	2,709
Total Debt	1,302	1,110	1,048	611.2	577.51	331.71
Net Cash (Debt)	-1,266	-1,049	-992.6	-521.7	-542.54	-194.77
Net Cash Per Share	-46.12	-38.39	-36.40	-19.16	-19.95	-7.17
Book Value	1,609	1,668	1,536	1,475	1,408	1,240
Book Value Per Share	58.62	61.04	56.34	54.18	51.76	45.63
Tangible Book Value	617.4	708.1	608.3	839.3	795.47	738.62
Tangible Book Value Per Share	22.50	25.91	22.31	30.82	29.25	27.18