Gyldendal Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	41.29	79.28	-	-	17.3
Cash & Short-Term Investments	41.29	79.28	-	-	17.3
Cash Growth	-47.91%	-	-	-	-84.01%
Accounts Receivable	164.5	151.05	135.19	118.11	163.18
Other Receivables	47.79	28.61	32.06	44.63	53.02
Receivables	212.29	179.66	167.25	162.73	216.2
Inventory	87.15	75.37	76.96	79.9	75.78
Other Current Assets	-0	-	-	-	0
Total Current Assets	340.73	334.31	244.21	242.64	309.27
Property, Plant & Equipment	121.7	120.58	129.15	135.98	128.14
Long-Term Investments	-	-	60.2	71.31	72.39
Goodwill	100.92	71.89	72.05	72.4	144.53
Other Intangible Assets	129.8	116.09	135.72	150.71	180.26
Other Long-Term Assets	-	-	-	-0	-0
Total Assets	693.14	642.87	641.33	673.02	834.58
Accounts Payable	42.88	36.12	42.25	43.49	57.68
Accrued Expenses	-	-	-	83.28	100.35
Short-Term Debt	-	-	13.17	47.17	65.18
Current Portion of Leases	1.75	2.45	3.8	4.04	5.46
Current Income Taxes Payable	4.43	5.1	1.77	2.01	5.19
Current Unearned Revenue	109.17	99.9	100.19	101.04	98.46
Other Current Liabilities	97.41	90.8	92.37	18.25	11.86
Total Current Liabilities	255.63	234.36	253.54	299.27	344.19
Long-Term Leases	3.36	0.66	3.41	6.91	13.81
Pension & Post-Retirement Benefits	-	-	-	-	0.41
Long-Term Deferred Tax Liabilities	11.84	15.03	17.78	18.17	22.07
Other Long-Term Liabilities	19.44	12.08	8.12	21.4	36.23
Total Liabilities	290.27	262.14	282.84	345.75	416.7
Common Stock	20.4	20.4	20.4	20.4	20.4
Retained Earnings	382.67	362.31	339.63	309.89	392.06
Comprehensive Income & Other	-0.55	-1.99	-1.54	-3.01	-0.21
Total Common Equity	402.51	380.73	358.49	327.27	412.25
Minority Interest	0.36	-	-	-	5.63
Shareholders' Equity	402.88	380.73	358.49	327.27	417.88
Total Liabilities & Equity	693.14	642.87	641.33	673.02	834.58
Total Debt	5.11	3.12	20.38	58.11	84.45
Net Cash (Debt)	36.18	76.16	-20.38	-58.11	-67.15
Net Cash Growth	-52.49%	-	-	-	-
Net Cash Per Share	35.80	75.36	-20.17	-57.51	-66.45
Filing Date Shares Outstanding	1.02	1.02	1.02	1.02	1.02
Total Common Shares Outstanding	1.02	1.02	1.02	1.02	1.02
Working Capital	85.09	99.94	-9.33	-56.64	-34.91
Book Value Per Share	394.62	373.26	351.46	320.86	404.16
Tangible Book Value	171.8	192.75	150.72	104.17	87.47
Tangible Book Value Per Share	168.43	188.97	147.76	102.12	85.75
Land	150.26	148.38	148.38	124.13	-
Machinery	26.07	23.62	23.08	52.2	-
Construction In Progress	0.38	0.23	-	-	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.