Ennogie Solar Group A/S (CPH:ESG)

Ennogie Solar Group Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	2.13	2.59	2.13	13.84	11.97	10.91
Cash & Short-Term Investments	2.13	2.59	2.13	13.84	11.97	10.91
Cash Growth	40.77%	21.30%	-84.59%	15.66%	9.70%	-
Accounts Receivable	9.03	18.97	10.52	16.15	10.81	4.34
Other Receivables	12.07	11.73	4.12	2.17	0.97	-
Receivables	21.11	30.7	14.64	18.31	11.78	4.34
Inventory	17.63	15.23	13.77	19.31	15.64	9.91
Prepaid Expenses	0.97	0.73	1.04	0.67	0.96	-
Other Current Assets	-	-	-0	0	-	-
Total Current Assets	41.83	49.24	31.58	52.13	40.34	25.16
Property, Plant & Equipment	2.67	2.84	1.84	2.63	1.12	1.07
Long-Term Investments	-	-	-	-	-	0.75
Other Intangible Assets	18.97	18.3	16.79	15.6	13.54	12.53
Other Long-Term Assets	5.03	6.29	2.36	2.83	2.26	0.29
Total Assets	68.5	76.67	52.57	73.19	57.26	39.8

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	13.25	16.28	7.6	12.5	3.93	4.5
Short-Term Debt	6.42	3.74	3.03	0.31	0.48	0.81
Current Portion of Long-Term Debt	13.28	3.27	4	4.4	3.93	1.59
Current Portion of Leases	0.55	0.74	1.01	1.15	0.56	-
Current Unearned Revenue	0.63	0.63	0.63	0.64	0.63	-
Other Current Liabilities	12.84	17.54	6.97	6.97	14.32	-
Total Current Liabilities	46.96	42.19	23.24	25.96	23.84	6.9
Long-Term Debt	4.42	7.51	8.65	14.65	18.52	4.95
Long-Term Leases	1.9	1.81	0.46	1.02	0.01	-
Long-Term Unearned Revenue	1.02	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	59.25	57.1	37.4	44.13	45.33	24.8

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	33.32	33.32	31.36	31.36	27.78	26.25
Retained Earnings	-23.31	-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	9.25	19.57	15.16	29.06	11.93	15
Total Liabilities & Equity	68.5	76.67	52.57	73.19	57.26	39.8

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	26.56	17.06	17.15	21.52	23.49	7.34
Net Cash (Debt)	-24.43	-14.47	-15.02	-7.68	-11.53	3.57
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-0.76	-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	-5.13	7.05	8.34	26.17	16.5	18.26
Book Value Per Share	0.28	0.59	0.48	0.93	25.89	0.57
Tangible Book Value	-9.72	1.27	-1.62	13.46	-1.61	2.48
Tangible Book Value Per Share	-0.29	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	-

Data Source: S&P Global Market Intelligence Last updated: Aug 24, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 6, 2026

Data Sources Report a data error