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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	652	594	1,070	1,352	2,130	1,935
Short-Term Investments	-	51	51	56	107	30
Cash & Short-Term Investments	652	645	1,121	1,408	2,237	1,965
Cash Growth	-1.21%	-42.46%	-20.38%	-37.06%	13.84%	95.13%
Accounts Receivable	5,627	4,975	7,082	7,285	8,255	6,470
Other Receivables	1,233	1,017	1,209	1,131	1,305	986
Receivables	6,860	5,992	8,291	8,416	9,560	7,456
Inventory	3,829	3,435	3,572	3,450	3,971	2,464
Prepaid Expenses	427	433	351	423	874	871
Other Current Assets	-	77	53	37	54	31
Total Current Assets	11,768	10,582	13,388	13,734	16,696	12,787
Property, Plant & Equipment	2,395	2,319	2,471	2,389	2,647	2,308
Long-Term Investments	111	95	92	137	216	211
Goodwill	6,404	6,293	6,559	6,448	6,433	4,364
Other Intangible Assets	1,454	1,534	2,067	1,989	1,932	1,893
Long-Term Deferred Tax Assets	1,226	1,265	2,358	2,314	1,921	1,490
Total Assets	23,358	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2,971	2,585	3,538	4,024	4,339	3,367
Accrued Expenses	-	-	3	2	2	2
Current Portion of Long-Term Debt	64	113	47	54	615	17
Current Portion of Leases	88	66	85	101	117	104
Current Income Taxes Payable	241	128	193	277	346	193
Current Unearned Revenue	2,944	2,827	4,271	4,620	5,785	4,276
Other Current Liabilities	2,460	2,935	3,658	3,609	3,349	2,100
Total Current Liabilities	8,768	8,654	11,795	12,687	14,553	10,059
Long-Term Debt	2,508	2,208	1,508	1,633	1,929	726
Long-Term Leases	176	184	133	132	206	200
Long-Term Unearned Revenue	119	316	303	338	578	587
Pension & Post-Retirement Benefits	323	305	322	363	414	320
Long-Term Deferred Tax Liabilities	191	149	220	207	294	169
Other Long-Term Liabilities	799	772	873	823	1,084	624
Total Liabilities	12,884	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	115	1,153	1,153	1,153	1,153	1,153
Retained Earnings	11,723	10,018	11,459	10,615	10,247	9,937
Comprehensive Income & Other	-1,353	-1,659	-811	-911	-587	-719
Total Common Equity	10,485	9,512	11,801	10,857	10,813	10,371
Minority Interest	-11	-12	-20	-29	-26	-3
Shareholders' Equity	10,474	9,500	11,781	10,828	10,787	10,368
Total Liabilities & Equity	23,358	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	2,836	2,571	1,773	1,920	2,867	1,047
Net Cash (Debt)	-2,184	-1,926	-652	-512	-630	918
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-39.32	-34.03	-11.37	-8.96	-11.08	17.63
Filing Date Shares Outstanding	53.84	54.68	51.25	56.74	56.74	56.73
Total Common Shares Outstanding	53.84	54.68	56.84	56.74	56.74	56.73
Working Capital	3,000	1,928	1,593	1,047	2,143	2,728
Book Value Per Share	194.73	173.97	207.63	191.36	190.58	182.83
Tangible Book Value	2,627	1,685	3,175	2,420	2,448	4,114
Tangible Book Value Per Share	48.79	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: Aug 19, 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 4, 2026

Data Sources Report a data error