Green Hydrogen Systems Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun '24 Jun 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019
Cash & Equivalents	46.65	152.98	95.34	266.92	155.95	9.41
Short-Term Investments	584.43	346.9	182.6	-	-	-
Cash & Short-Term Investments	631.07	499.88	277.94	266.92	155.95	9.41
Cash Growth	47.06%	79.85%	4.13%	71.16%	1556.96%	-
Accounts Receivable	47.3	51.88	10.86	3.68	4.05	12.6
Other Receivables	20.43	19.83	21.89	28.69	7.22	3.03
Receivables	67.73	71.71	32.75	32.38	11.27	15.63
Inventory	251.1	205.8	170	73.42	7.61	8.02
Prepaid Expenses	22.43	4.22	10.51	1.81	0.23	0.23
Other Current Assets	-	-0	-	0	-	-
Total Current Assets	972.33	781.6	491.21	374.54	175.06	33.29
Property, Plant & Equipment	381.5	392.97	321.46	169.53	35.17	0.57
Long-Term Investments	573.58	929.27	562.44	691.49	-	-
Other Intangible Assets	279.99	141	159.91	34.38	12.79	7.01
Long-Term Deferred Charges	-	120.53	14.06	24.53	3.67	-
Other Long-Term Assets	3.01	0.65	0.91	0.53	6.21	0.05
Total Assets	2,210	2,366	1,550	1,295	232.9	40.91
Accounts Payable	46.56	47.41	65.13	42.85	25.36	5.64
Short-Term Debt	848	830	500	-	-	-
Current Portion of Long-Term Debt	4.26	4.26	-	-	4.09	0.51
Current Portion of Leases	4.81	4.86	3.44	3.46	2.23	0.24
Current Unearned Revenue	152.84	119.74	74.73	59.19	11.13	9.02
Other Current Liabilities	78.52	95.2	40.08	13.72	10.23	1.03
Total Current Liabilities	1,135	1,101	683.37	119.22	53.04	16.43
Long-Term Debt	395.55	375.42	-	-	170.29	3.32
Long-Term Leases	6.8	7.31	4.56	3.94	12.3	0.13
Other Long-Term Liabilities	-	-	-	-	1.35	0.49
Total Liabilities	1,537	1,484	687.93	123.16	236.98	20.38
Common Stock	187.73	187.73	83.17	81.99	36.81	22.2
Additional Paid-In Capital	2,071	2,071	1,743	1,741	39.33	18.12
Retained Earnings	-1,791	-1,554	-1,069	-691.95	-92.36	-24.79
Comprehensive Income & Other	205.23	176.67	105.46	41.02	12.15	5
Shareholders' Equity	673.08	881.83	862.06	1,172	-4.08	20.53
Total Liabilities & Equity	2,210	2,366	1,550	1,295	232.9	40.91
Total Debt	1,259	1,222	508	7.4	188.91	4.2
Net Cash (Debt)	-628.35	-721.98	-230.06	259.53	-32.95	5.22
Net Cash Per Share	-3.02	-4.63	-1.84	4.13	-1.11	0.37
Filing Date Shares Outstanding	187.73	187.73	83.17	81.99	36.81	13.91
Total Common Shares Outstanding	187.73	187.73	83.17	81.99	36.81	13.91
Working Capital	-162.66	-319.87	-192.16	255.32	122.03	16.85
Book Value Per Share	3.59	4.70	10.37	14.29	-0.11	1.48
Tangible Book Value	393.09	740.83	702.15	1,137	-16.86	13.52
Tangible Book Value Per Share	2.09	3.95	8.44	13.87	-0.46	0.97
Buildings	-	283.34	96.05	89	-	-
Machinery	-	132.98	56.56	30.82	11.04	0.51
Construction In Progress	-	44.53	166.91	35.28	-	-
Leasehold Improvements	-	-	-	-	10.2	0.08

Source: S&P Capital IQ. Standard template. Financial Sources.