H+H International A/S (CPH:HH)

H+H International Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	166	462	139	358	499
Cash & Short-Term Investments	166	462	139	358	499
Cash Growth	-64.07%	232.37%	-61.17%	-28.26%	3.74%
Accounts Receivable	110	113	102	122	146
Other Receivables	56	39	74	40	37
Receivables	166	152	176	162	183
Inventory	485	435	657	523	321
Prepaid Expenses	11	10	14	12	7
Other Current Assets	84	-	-	-	-
Total Current Assets	912	1,059	986	1,055	1,010
Property, Plant & Equipment	1,376	1,716	1,773	1,822	1,707
Long-Term Investments	2	2	2	1	1
Goodwill	173	422	422	419	364
Other Intangible Assets	146	220	240	253	296
Long-Term Deferred Tax Assets	44	54	31	17	17
Other Long-Term Assets	-	-	-	5	5
Total Assets	2,653	3,473	3,454	3,572	3,400
Accounts Payable	231	272	278	278	251
Current Portion of Leases	28	25	24	27	21
Current Income Taxes Payable	36	1	5	37	23
Other Current Liabilities	240	213	224	193	200
Total Current Liabilities	535	511	531	535	495
Long-Term Debt	841	1,046	907	742	743
Long-Term Leases	99	73	95	81	85
Pension & Post-Retirement Benefits	14	21	59	23	85
Long-Term Deferred Tax Liabilities	40	36	54	110	137
Other Long-Term Liabilities	121	136	130	143	41
Total Liabilities	1,650	1,823	1,776	1,634	1,586
Common Stock	165	165	165	175	180
Retained Earnings	826	1,483	1,526	1,822	1,662
Comprehensive Income & Other	-69	-82	-99	-155	-138
Total Common Equity	922	1,566	1,592	1,842	1,704
Minority Interest	81	84	86	96	110
Shareholders' Equity	1,003	1,650	1,678	1,938	1,814
Total Liabilities & Equity	2,653	3,473	3,454	3,572	3,400
Total Debt	968	1,144	1,026	850	849
Net Cash (Debt)	-802	-682	-887	-492	-350
Net Cash Per Share	-49.09	-41.33	-54.13	-28.25	-19.56
Filing Date Shares Outstanding	16.34	16.34	16.34	16.29	17.43
Total Common Shares Outstanding	16.34	16.34	16.34	16.29	17.43
Working Capital	377	548	455	520	515
Book Value Per Share	56.43	95.85	97.44	113.07	97.74
Tangible Book Value	603	924	930	1,170	1,044
Tangible Book Value Per Share	36.91	56.56	56.92	71.82	59.88
Land	1,257	1,391	1,443	1,413	1,373
Machinery	2,598	2,971	2,859	2,770	2,667
Construction In Progress	155	240	332	316	227

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