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 2025	FY 2024	FY 2023	FY 2022	FY
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	0.62	2.59	2.13	13.84	11.97	10.91
Cash & Short-Term Investments	0.62	2.59	2.13	13.84	11.97	10.91
Cash Growth	-76.83%	21.30%	-84.59%	15.66%	9.70%	-
Accounts Receivable	8.88	18.97	10.52	16.15	10.81	4.34
Other Receivables	12.59	11.73	4.12	2.17	0.97	-
Receivables	21.47	30.7	14.64	18.31	11.78	4.34
Inventory	15.04	15.23	13.77	19.31	15.64	9.91
Prepaid Expenses	1.1	0.73	1.04	0.67	0.96	-
Other Current Assets	-	-	-0	0	-	-
Total Current Assets	38.24	49.24	31.58	52.13	40.34	25.16
Property, Plant & Equipment	3	2.84	1.84	2.63	1.12	1.07
Long-Term Investments	-	-	-	-	-	0.75
Other Intangible Assets	18.63	18.3	16.79	15.6	13.54	12.53
Other Long-Term Assets	5	6.29	2.36	2.83	2.26	0.29
Total Assets	64.87	76.67	52.57	73.19	57.26	39.8
Accounts Payable	11.59	16.28	7.6	12.5	3.93	4.5
Short-Term Debt	6.43	3.74	3.03	0.31	0.48	0.81
Current Portion of Long-Term Debt	1.87	3.27	4	4.4	3.93	1.59
Current Portion of Leases	0.32	0.74	1.01	1.15	0.56	-
Current Unearned Revenue	0.63	0.63	0.63	0.64	0.63	-
Other Current Liabilities	15.84	17.54	6.97	6.97	14.32	-
Total Current Liabilities	36.68	42.19	23.24	25.96	23.84	6.9
Long-Term Debt	4.75	7.51	8.65	14.65	18.52	4.95
Long-Term Leases	2.42	1.81	0.46	1.02	0.01	-
Long-Term Unearned Revenue	1.17	0.64	1.27	1.9	2.52	-
Other Long-Term Liabilities	4.96	4.96	3.79	0.6	0.44	12.95
Total Liabilities	49.98	57.1	37.4	44.13	45.33	24.8
Common Stock	33.32	33.32	31.36	31.36	27.78	26.25
Retained Earnings	-17.68	-13	-15.61	-1.72	-15.3	-10.69
Treasury Stock	-0.56	-0.56	-0.56	-0.56	-0.56	-0.56
Comprehensive Income & Other	-0.2	-0.19	-0.03	-0.02	-0	-
Shareholders' Equity	14.89	19.57	15.16	29.06	11.93	15
Total Liabilities & Equity	64.87	76.67	52.57	73.19	57.26	39.8
Total Debt	15.8	17.06	17.15	21.52	23.49	7.34
Net Cash (Debt)	-15.18	-14.47	-15.02	-7.68	-11.53	3.57
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.48	-0.46	-0.48	-0.27	-0.42	0.64
Filing Date Shares Outstanding	33.31	33.31	31.35	31.35	0.46	26.24
Total Common Shares Outstanding	33.31	33.31	31.35	31.35	0.46	26.24
Working Capital	1.55	7.05	8.34	26.17	16.5	18.26
Book Value Per Share	0.45	0.59	0.48	0.93	25.89	0.57
Tangible Book Value	-3.75	1.27	-1.62	13.46	-1.61	2.48
Tangible Book Value Per Share	-0.11	0.04	-0.05	0.43	-3.50	0.09
Machinery	-	0.73	0.68	0.68	0.67	1.07
Leasehold Improvements	-	0.21	0.21	0.21	0.24	-