FLSmidth & Co. A/S (CPH:FLS)

FLSmidth & Co. Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	554	594	1,070	1,352	2,130	1,935
Short-Term Investments	-	51	51	56	107	30
Cash & Short-Term Investments	554	645	1,121	1,408	2,237	1,965
Cash Growth	-35.51%	-42.46%	-20.38%	-37.06%	13.84%	95.13%
Accounts Receivable	4,907	4,975	7,082	7,285	8,255	6,470
Other Receivables	1,170	1,017	1,209	1,131	1,305	986
Receivables	6,077	5,992	8,291	8,416	9,560	7,456
Inventory	3,707	3,435	3,572	3,450	3,971	2,464
Prepaid Expenses	431	433	351	423	874	871
Other Current Assets	-	77	53	37	54	31
Total Current Assets	10,769	10,582	13,388	13,734	16,696	12,787
Property, Plant & Equipment	2,413	2,319	2,471	2,389	2,647	2,308
Long-Term Investments	104	95	92	137	216	211
Goodwill	6,381	6,293	6,559	6,448	6,433	4,364
Other Intangible Assets	1,510	1,534	2,067	1,989	1,932	1,893
Long-Term Deferred Tax Assets	1,292	1,265	2,358	2,314	1,921	1,490
Total Assets	22,469	22,088	26,935	27,011	29,845	23,053

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2,627	2,585	3,538	4,024	4,339	3,367
Accrued Expenses	-	-	3	2	2	2
Current Portion of Long-Term Debt	128	113	47	54	615	17
Current Portion of Leases	91	66	85	101	117	104
Current Income Taxes Payable	204	128	193	277	346	193
Current Unearned Revenue	2,851	2,827	4,271	4,620	5,785	4,276
Other Current Liabilities	2,789	2,935	3,658	3,609	3,349	2,100
Total Current Liabilities	8,690	8,654	11,795	12,687	14,553	10,059
Long-Term Debt	2,022	2,208	1,508	1,633	1,929	726
Long-Term Leases	206	184	133	132	206	200
Long-Term Unearned Revenue	192	316	303	338	578	587
Pension & Post-Retirement Benefits	321	305	322	363	414	320
Long-Term Deferred Tax Liabilities	194	149	220	207	294	169
Other Long-Term Liabilities	751	772	873	823	1,084	624
Total Liabilities	12,376	12,588	15,154	16,183	19,058	12,685

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,153	1,153	1,153	1,153	1,153	1,153
Retained Earnings	10,414	10,018	11,459	10,615	10,247	9,937
Comprehensive Income & Other	-1,462	-1,659	-811	-911	-587	-719
Total Common Equity	10,105	9,512	11,801	10,857	10,813	10,371
Minority Interest	-12	-12	-20	-29	-26	-3
Shareholders' Equity	10,093	9,500	11,781	10,828	10,787	10,368
Total Liabilities & Equity	22,469	22,088	26,935	27,011	29,845	23,053

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,447	2,571	1,773	1,920	2,867	1,047
Net Cash (Debt)	-1,893	-1,926	-652	-512	-630	918
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-33.77	-34.03	-11.37	-8.96	-11.08	17.63
Filing Date Shares Outstanding	54.22	54.68	51.25	56.74	56.74	56.73
Total Common Shares Outstanding	54.22	54.68	56.84	56.74	56.74	56.73
Working Capital	2,079	1,928	1,593	1,047	2,143	2,728
Book Value Per Share	186.37	173.97	207.63	191.36	190.58	182.83
Tangible Book Value	2,214	1,685	3,175	2,420	2,448	4,114
Tangible Book Value Per Share	40.83	30.82	55.86	42.65	43.15	72.52
Land	-	1,985	2,415	2,469	2,595	2,529
Machinery	-	1,752	2,143	2,340	2,573	2,547
Construction In Progress	-	299	352	104	40	21
Order Backlog	-	10,893	11,358	17,593	23,541	16,592

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 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:

Aug 14, 2026

Data Sources Report a data error