Danish Aerospace Company Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 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	0.2	0.3	0.08	0.11	2.68	0.16
Cash & Short-Term Investments	0.2	0.3	0.08	0.11	2.68	0.16
Cash Growth	301.97%	256.11%	-21.54%	-96.03%	1597.33%	-96.35%
Accounts Receivable	16.24	14.59	23.43	12.26	16.91	22.19
Other Receivables	4.52	4.88	5.64	5.19	4.39	3.87
Receivables	20.75	19.47	29.07	17.45	21.29	26.07
Inventory	-	-	-	0.46	0.19	0.81
Prepaid Expenses	0.24	0.37	0.25	0.44	0.54	0.45
Total Current Assets	21.2	20.13	29.4	18.46	24.71	27.48
Property, Plant & Equipment	0.73	0.84	1.2	1.62	1.83	2.1
Long-Term Investments	0.02	0.01	0.02	0.02	0.05	0.06
Other Intangible Assets	6.06	5.2	1.86	1.6	0.78	0.47
Long-Term Deferred Charges	0.16	0.2	1.77	0.54	0.8	1.37
Total Assets	28.16	26.38	34.24	22.24	28.17	31.49
Accounts Payable	2.28	1.72	1.72	1.74	0.43	0.41
Short-Term Debt	13.12	13.42	15.66	4.91	-	4.49
Current Unearned Revenue	-	-	-	0.79	-	-
Other Current Liabilities	2.44	0.69	1.31	2.49	3.16	2.35
Total Current Liabilities	17.84	15.84	18.68	9.92	3.59	7.25
Long-Term Deferred Tax Liabilities	1.27	1.44	2.34	1.31	3.74	3.28
Other Long-Term Liabilities	1.24	1.22	1.17	1.14	1.11	1.1
Total Liabilities	20.36	18.49	22.19	12.38	8.44	11.62
Common Stock	1.1	1.09	1.09	1.09	1.09	1.09
Retained Earnings	6.7	6.8	10.96	8.77	18.64	18.78
Total Common Equity	7.8	7.89	12.05	9.86	19.73	19.87
Shareholders' Equity	7.8	7.89	12.05	9.86	19.73	19.87
Total Liabilities & Equity	28.16	26.38	34.24	22.24	28.17	31.49
Total Debt	13.12	13.42	15.66	4.91	-	4.49
Net Cash (Debt)	-12.92	-13.13	-15.58	-4.8	2.68	-4.33
Net Cash Per Share	-1.18	-1.20	-1.43	-0.44	0.25	-0.40
Filing Date Shares Outstanding	10.98	10.91	10.91	10.91	10.91	10.91
Total Common Shares Outstanding	10.98	10.91	10.91	10.91	10.91	10.91
Working Capital	3.35	4.3	10.71	8.53	21.12	20.24
Book Value Per Share	0.71	0.72	1.10	0.90	1.81	1.82
Tangible Book Value	1.74	2.69	10.2	8.26	18.95	19.4
Tangible Book Value Per Share	0.16	0.25	0.93	0.76	1.74	1.78
Machinery	4.27	4.24	4.22	4.18	3.93	3.87
Leasehold Improvements	1.49	1.49	1.49	1.49	1.49	1.28

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.