Dampskibsselskabet Norden Balance Sheet

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

Millions USD. 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	318.8	382.1	266.6	557.2	842.3	410.7
Short-Term Investments	216.5	-	-	-	-	-
Cash & Short-Term Investments	535.3	382.1	266.6	557.2	842.3	410.7
Cash Growth	83.95%	43.32%	-52.15%	-33.85%	105.09%	23.85%
Accounts Receivable	365.2	334.2	396.2	400.1	330.4	256.7
Other Receivables	109.5	77.2	100.4	114.8	123.4	42.6
Receivables	479.8	416.2	504.1	515.7	453.8	299.3
Inventory	130.7	105.7	137.4	112.1	134.2	117.1
Prepaid Expenses	-	-	-	-	139	136
Other Current Assets	64.2	26.8	70	133.6	110	150.8
Total Current Assets	1,210	930.8	978.1	1,319	1,679	1,114
Property, Plant & Equipment	1,135	1,272	1,066	908.1	1,030	1,309
Long-Term Investments	-	15.2	13.9	12.7	-	10
Goodwill	44.6	44.6	44.6	35.3	-	-
Other Intangible Assets	5.7	6.7	12.9	15.2	-	-
Other Long-Term Assets	114.3	102.1	134.1	54	46.1	20.4
Total Assets	2,510	2,372	2,255	2,344	2,755	2,454
Accounts Payable	270.7	191.3	270.3	261.8	279.5	226.1
Short-Term Debt	-	-	-	-	-	13.9
Current Portion of Long-Term Debt	68.4	28.8	2.3	73.5	21	39.9
Current Portion of Leases	217	226.8	244.5	265.5	276.2	337.8
Current Income Taxes Payable	16.5	16.4	8.4	6.6	0.3	-
Current Unearned Revenue	81.7	69.1	68.9	101.9	84.6	89.4
Other Current Liabilities	57.3	48.3	74.8	173.9	245.5	82.4
Total Current Liabilities	711.6	580.7	669.2	883.2	907.1	789.5
Long-Term Debt	234.9	-	4.6	109.8	274.3	400.8
Long-Term Leases	254.1	508.2	278.9	153	243.3	269.9
Other Long-Term Liabilities	5	5	5	-	-	-
Total Liabilities	1,206	1,094	957.7	1,146	1,425	1,460
Common Stock	4.9	4.9	5.1	5.4	5.9	6.2
Retained Earnings	1,267	1,298	1,251	1,228	1,262	1,018
Comprehensive Income & Other	32.7	-25.1	41.3	-35.3	63.1	-31.2
Shareholders' Equity	1,304	1,278	1,297	1,198	1,331	993.3
Total Liabilities & Equity	2,510	2,372	2,255	2,344	2,755	2,454
Total Debt	774.4	763.8	530.3	601.8	814.8	1,062
Net Cash (Debt)	-239.1	-381.7	-263.7	-44.6	27.5	-651.6
Net Cash Per Share	-8.24	-13.01	-8.59	-1.37	0.78	-17.28
Filing Date Shares Outstanding	28.26	28.64	29.95	31.41	33.75	36.76
Total Common Shares Outstanding	28.26	28.64	29.95	31.57	33.75	36.76
Working Capital	498.4	350.1	308.9	435.4	772.2	324.4
Book Value Per Share	46.15	44.61	43.31	37.95	39.43	27.02
Tangible Book Value	1,254	1,226	1,240	1,147	1,331	993.3
Tangible Book Value Per Share	44.37	42.82	41.39	36.35	39.43	27.02
Machinery	813.8	943.9	801.7	595.7	663.2	951.3

Source: S&P Global Market Intelligence. Standard template. Financial Sources.