Glunz & Jensen Holding 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 2022	FY 2021
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Cash & Equivalents	1.1	0.7	1.31	1	1.05	0.85
Cash & Short-Term Investments	1.1	0.7	1.31	1	1.05	0.85
Cash Growth	-8.33%	-46.99%	31.76%	-5.60%	24.59%	-41.21%
Accounts Receivable	18.4	15.3	16.44	20.94	22.14	17.42
Other Receivables	3.9	2.17	2.04	3.02	2.03	1.24
Receivables	22.3	17.47	18.48	23.96	24.18	18.67
Inventory	37.6	37.23	42.99	56.84	41.01	36.45
Prepaid Expenses	1.6	0.98	1.42	1.04	1.26	1.41
Total Current Assets	62.6	56.37	64.2	82.84	67.51	57.37
Property, Plant & Equipment	6.8	151.41	153.48	154.14	148.05	153.42
Long-Term Investments	-	-	-	0.26	0.24	0.26
Other Intangible Assets	0.5	0.57	-	-	-	0.23
Long-Term Accounts Receivable	-	3.62	-	2.42	3.21	-
Long-Term Deferred Tax Assets	0.1	0.14	0.41	0.73	1.05	1
Other Long-Term Assets	150.7	0.02	0.17	0.16	0.16	-
Total Assets	220.9	212.14	218.26	240.54	220.21	212.27
Accounts Payable	13.3	7.3	7.9	16.26	13.11	11.15
Accrued Expenses	-	5.03	5.23	6.67	10.43	7.29
Short-Term Debt	14.3	13.72	18.25	-	-	-
Current Portion of Long-Term Debt	-	-	-	37.24	21.31	31
Current Portion of Leases	0.2	0.3	2.01	2.36	2.42	3
Current Income Taxes Payable	0.1	0.06	0.03	0.02	0.96	0.13
Current Unearned Revenue	4.1	6.53	7.86	11.14	9.11	4.94
Other Current Liabilities	7.2	2.14	3.67	2.52	6.54	4.4
Total Current Liabilities	39.2	35.08	44.96	76.2	63.88	61.91
Long-Term Debt	56	57.48	56.46	47.66	50.89	56.32
Long-Term Leases	0.1	0.15	0.25	4.05	5.21	6.81
Long-Term Unearned Revenue	4.5	4.23	4.17	3.26	4.82	6.18
Long-Term Deferred Tax Liabilities	9.5	8.11	8.2	8.29	5.64	4.39
Other Long-Term Liabilities	2.8	2.68	3	2.65	3.53	2.81
Total Liabilities	112.1	107.73	117.03	142.1	133.96	138.4
Common Stock	36.4	36.43	36.43	36.43	36.43	36.43
Retained Earnings	62.8	58	55.16	52.25	40.23	28.1
Comprehensive Income & Other	9.6	9.99	9.64	9.77	9.61	9.36
Shareholders' Equity	108.8	104.42	101.22	98.44	86.26	73.88
Total Liabilities & Equity	220.9	212.14	218.26	240.54	220.21	212.27
Total Debt	70.6	71.65	76.97	91.31	79.83	97.12
Net Cash (Debt)	-69.5	-70.95	-75.66	-90.32	-78.77	-96.27
Net Cash Per Share	-38.17	-38.96	-41.55	-49.60	-43.26	-52.87
Filing Date Shares Outstanding	1.82	1.82	1.82	1.82	1.82	1.82
Total Common Shares Outstanding	1.82	1.82	1.82	1.82	1.82	1.82
Working Capital	23.4	21.29	19.24	6.64	3.63	-4.54
Book Value Per Share	59.74	57.33	55.58	54.06	47.36	40.56
Tangible Book Value	108.3	103.84	101.22	98.44	86.26	73.65
Tangible Book Value Per Share	59.46	57.02	55.58	54.06	47.36	40.44
Land	-	34.6	34.12	34.03	33.63	33.57
Machinery	-	18.69	18.86	18.66	18.46	20.09
Leasehold Improvements	-	-	0.19	0.19	-	3.74

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