Ennogie Solar Group 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
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	0.65	2.13	13.84	11.97	10.91
Cash & Short-Term Investments	0.65	2.13	13.84	11.97	10.91
Cash Growth	-80.32%	-84.59%	15.66%	9.70%	-
Accounts Receivable	9.46	10.52	16.15	10.81	4.34
Other Receivables	3.71	4.12	2.17	0.97	-
Receivables	13.17	14.64	18.31	11.78	4.34
Inventory	18.56	13.77	19.31	15.64	9.91
Prepaid Expenses	0.86	1.04	0.67	0.96	-
Other Current Assets	0	-0	0	-	-
Total Current Assets	33.24	31.58	52.13	40.34	25.16
Property, Plant & Equipment	1.14	1.84	2.63	1.12	1.07
Long-Term Investments	-	-	-	-	0.75
Other Intangible Assets	17.46	16.79	15.6	13.54	12.53
Other Long-Term Assets	2.5	2.36	2.83	2.26	0.29
Total Assets	54.33	52.57	73.19	57.26	39.8
Accounts Payable	9.15	7.6	12.5	3.93	4.5
Short-Term Debt	4.78	3.03	0.31	0.48	0.81
Current Portion of Long-Term Debt	9.11	4	4.4	3.93	1.59
Current Portion of Leases	0.54	1.01	1.15	0.56	-
Current Unearned Revenue	0.63	0.63	0.64	0.63	-
Other Current Liabilities	12.48	6.97	6.97	14.32	-
Total Current Liabilities	36.69	23.24	25.96	23.84	6.9
Long-Term Debt	9.2	8.65	14.65	18.52	4.95
Long-Term Leases	0.21	0.46	1.02	0.01	-
Long-Term Unearned Revenue	0.8	1.27	1.9	2.52	-
Other Long-Term Liabilities	3.41	3.79	0.6	0.44	12.95
Total Liabilities	50.31	37.4	44.13	45.33	24.8
Common Stock	31.36	31.36	31.36	27.78	26.25
Retained Earnings	-26.75	-15.61	-1.72	-15.3	-10.69
Treasury Stock	-0.56	-0.56	-0.56	-0.56	-0.56
Comprehensive Income & Other	-0.03	-0.03	-0.02	-0	-
Shareholders' Equity	4.02	15.16	29.06	11.93	15
Total Liabilities & Equity	54.33	52.57	73.19	57.26	39.8
Total Debt	23.84	17.15	21.52	23.49	7.34
Net Cash (Debt)	-23.19	-15.02	-7.68	-11.53	3.57
Net Cash Per Share	-0.64	-0.48	-0.27	-0.42	0.64
Filing Date Shares Outstanding	31.35	31.35	31.35	0.46	26.24
Total Common Shares Outstanding	31.35	31.35	31.35	0.46	26.24
Working Capital	-3.46	8.34	26.17	16.5	18.26
Book Value Per Share	0.13	0.48	0.93	25.89	0.57
Tangible Book Value	-13.44	-1.62	13.46	-1.61	2.48
Tangible Book Value Per Share	-0.43	-0.05	0.43	-3.50	0.09
Machinery	-	0.68	0.68	0.67	1.07
Leasehold Improvements	-	0.21	0.21	0.24	-

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