DSV A/S 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	Jun '26 Jun 30, 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	10,058	13,179	83,576	6,452	10,160	8,299
Cash & Short-Term Investments	10,058	13,179	83,576	6,452	10,160	8,299
Cash Growth	-38.75%	-84.23%	1195.35%	-36.50%	22.42%	104.41%
Accounts Receivable	55,064	45,130	27,222	22,296	32,387	36,369
Other Receivables	9,569	7,834	4,316	4,283	4,179	4,009
Total Trade Receivables	64,633	52,964	31,538	26,579	36,566	40,378
Inventory	2,202	2,095	5,007	4,314	1,889	284
Other Current Assets	14,259	9,969	6,391	5,029	5,823	9,863
Total Current Assets	91,152	78,207	126,512	42,374	54,438	58,824
Net Property, Plant & Equipment	50,428	52,193	25,492	21,869	20,978	19,971
Other Intangible Assets	153,313	150,954	77,877	77,106	77,674	76,661
Other Long-Term Assets	8,618	9,019	6,664	5,761	5,955	5,939
Total Assets	303,511	290,373	236,545	147,110	159,045	161,395
Accounts Payable	25,639	23,493	14,456	13,111	14,992	17,040
Accrued Expenses	22,054	19,215	9,566	9,887	14,492	15,130
Current Portion of Long-Term Debt	15,179	10,055	292	2,139	814	4,472
Current Portion of Leases	6,847	6,846	4,349	3,808	3,577	3,440
Other Current Liabilities	24,702	22,684	10,551	9,394	12,894	13,331
Total Current Liabilities	94,421	82,293	39,214	38,339	46,769	53,413
Long-Term Debt	48,193	56,950	60,852	20,004	21,398	16,993
Long-Term Leases	25,308	24,084	17,324	14,139	13,190	11,848
Other Long-Term Liabilities	9,610	9,356	4,652	5,662	5,947	4,863
Total Long-Term Liabilities	83,111	90,390	82,828	39,805	40,535	33,704
Total Liabilities	177,532	172,683	122,042	78,144	87,304	87,117
Common Stock	240	240	240	219	219	240
Accumulated Other Comprehensive Income	-2,557	-5,393	237	-718	919	-356
Retained Earnings	127,926	122,567	113,705	69,202	70,381	74,219
Total Common Shareholders' Equity	125,609	117,414	114,182	68,703	71,519	74,103
Minority Interest	370	276	321	263	222	175
Shareholders' Equity	125,979	117,690	114,503	68,966	71,741	74,278
Total Liabilities & Equity	303,511	290,373	236,545	147,110	159,045	161,395
Total Debt	95,527	97,935	82,817	40,090	38,979	36,753
Net Cash (Debt)	-85,469	-84,756	759	-33,638	-28,819	-28,454
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-359.50	-358.89	3.53	-156.08	-125.05	-122.31
Book Value	125,609	117,414	114,182	68,703	71,519	74,103
Book Value Per Share	528.34	497.18	530.64	318.78	310.32	318.53
Tangible Book Value	-27,704	-33,540	36,305	-8,403	-6,155	-2,558
Tangible Book Value Per Share	-116.53	-142.02	168.72	-38.99	-26.71	-11.00