Cemat 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	40.49	10.27	12.1	7.14	16.2
Cash & Short-Term Investments	40.49	10.27	12.1	7.14	16.2
Cash Growth	294.44%	-15.13%	69.42%	-55.94%	-8.71%
Accounts Receivable	8.92	2.92	2.52	2.2	1.73
Other Receivables	1.86	3.79	4.39	0.47	0.26
Total Trade Receivables	10.78	6.72	6.92	2.67	1.98
Inventory	86.95	106.91	45.8	33.36	25.03
Other Current Assets	2.35	0	-	-	-
Total Current Assets	140.57	123.89	64.81	43.17	43.22
Net Property, Plant & Equipment	221.69	218.13	196.28	157.85	137.16
Other Long-Term Assets	0.95	0.31	0.24	0.37	0.27
Total Assets	363.41	342.35	261.42	201.51	180.82
Accounts Payable	3.12	12.72	10.09	1.72	1.45
Accrued Expenses	20.1	50	8.15	0.44	2.5
Other Current Liabilities	3.09	0.33	0.24	0.22	0.02
Total Current Liabilities	28.16	81.69	23.48	4.22	5.89
Long-Term Debt	0	17.02	3.36	1.03	0.98
Long-Term Leases	26.15	26.58	25.61	13.94	16.69
Other Long-Term Liabilities	54.14	44.54	39.24	33.26	27.81
Total Long-Term Liabilities	78.42	69.49	63.2	46.39	43.56
Total Liabilities	106.59	151.18	86.68	50.61	49.45
Common Stock	5	5	5	5	5
Accumulated Other Comprehensive Income	-9.19	-11.44	-14.47	-26.12	-23.88
Retained Earnings	244.55	182.13	170.08	159.44	139
Total Common Shareholders' Equity	240.36	175.69	160.6	138.32	120.12
Minority Interest	16.47	15.48	14.14	12.58	11.25
Shareholders' Equity	256.83	191.17	174.74	150.9	131.37
Total Liabilities & Equity	363.41	342.35	261.42	201.51	180.82
Total Debt	26.15	43.6	28.97	14.98	17.67
Net Cash (Debt)	14.34	-33.34	-16.87	-7.84	-1.47
Net Cash Growth	-	-	-	-	-
Net Cash Per Share	0.06	-0.13	-0.07	-0.03	-0.01
Book Value	240.36	175.69	160.6	138.32	120.12
Book Value Per Share	0.96	0.70	0.64	0.55	0.48
Tangible Book Value	240.36	175.69	160.6	138.32	120.12
Tangible Book Value Per Share	0.96	0.70	0.64	0.55	0.48