Bang & Olufsen Balance Sheet

Financials in millions DKK. Fiscal year is June - May.

Millions DKK. Fiscal year is Jun - May.

Fiscal Year	FY 2026	FY 2025	FY 2024	FY 2023	FY 2022
Period Ending	May '26 May 31, 2026	May '25 May 31, 2025	May '24 May 31, 2024	May '23 May 31, 2023	May '22 May 31, 2022
Cash & Equivalents	134	145	177	216	162
Short-Term Investments	240	380	388	394	415
Cash & Short-Term Investments	374	525	565	610	577
Cash Growth	-28.76%	-7.08%	-7.38%	5.72%	-5.87%
Accounts Receivable	300	348	309	341	397
Other Receivables	87	88	82	76	109
Receivables	387	436	391	417	506
Inventory	418	447	447	499	629
Prepaid Expenses	33	42	27	24	28
Other Current Assets	1	1	3	3	17
Total Current Assets	1,213	1,451	1,433	1,553	1,757
Property, Plant & Equipment	478	347	356	335	323
Goodwill	42	42	42	42	42
Other Intangible Assets	443	405	354	333	292
Long-Term Deferred Tax Assets	41	75	92	99	77
Other Long-Term Assets	5	20	20	23	27
Total Assets	2,222	2,340	2,297	2,385	2,518
Accounts Payable	313	453	401	565	581
Short-Term Debt	280	175	381	386	276
Current Portion of Long-Term Debt	3	3	3	3	4
Current Portion of Leases	70	59	45	37	39
Current Income Taxes Payable	20	21	20	8	17
Current Unearned Revenue	-	-	3	6	7
Other Current Liabilities	217	269	252	197	261
Total Current Liabilities	903	980	1,105	1,202	1,185
Long-Term Debt	43	52	55	59	58
Long-Term Leases	221	104	117	109	95
Long-Term Unearned Revenue	-	-	-	-	14
Pension & Post-Retirement Benefits	10	15	10	11	12
Long-Term Deferred Tax Liabilities	9	8	8	6	6
Other Long-Term Liabilities	30	37	46	40	48
Total Liabilities	1,216	1,196	1,341	1,427	1,418
Common Stock	737	737	613	613	613
Retained Earnings	264	402	329	329	460
Comprehensive Income & Other	5	5	14	16	27
Shareholders' Equity	1,006	1,144	956	958	1,100
Total Liabilities & Equity	2,222	2,340	2,297	2,385	2,518
Total Debt	617	393	601	594	472
Net Cash (Debt)	-243	132	-36	16	105
Net Cash Growth	-	-	-	-84.76%	-70.25%
Net Cash Per Share	-1.65	0.90	-0.29	0.13	0.86
Filing Date Shares Outstanding	142.61	144.36	121	119.79	119.53
Total Common Shares Outstanding	142.61	144.36	121	119.79	119.53
Working Capital	310	471	328	351	572
Book Value Per Share	7.05	7.92	7.90	8.00	9.20
Tangible Book Value	521	697	560	583	766
Tangible Book Value Per Share	3.65	4.83	4.63	4.87	6.41
Land	335	338	332	321	352
Machinery	648	639	629	610	902
Construction In Progress	28	29	20	23	39
Leasehold Improvements	92	85	82	58	45