H+H International Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	126	166	462	139	358	499
Cash & Short-Term Investments	126	166	462	139	358	499
Cash Growth	-70.00%	-64.07%	232.37%	-61.17%	-28.26%	3.74%
Accounts Receivable	225	110	113	102	122	146
Other Receivables	-	56	39	74	40	37
Receivables	225	166	152	176	162	183
Inventory	471	485	435	657	523	321
Prepaid Expenses	-	11	10	14	12	7
Other Current Assets	84	84	-	-	-	-
Total Current Assets	906	912	1,059	986	1,055	1,010
Property, Plant & Equipment	1,349	1,376	1,716	1,773	1,822	1,707
Long-Term Investments	2	2	2	2	1	1
Goodwill	173	173	422	422	419	364
Other Intangible Assets	140	146	220	240	253	296
Long-Term Deferred Tax Assets	48	44	54	31	17	17
Other Long-Term Assets	-	-	-	-	5	5
Total Assets	2,618	2,653	3,473	3,454	3,572	3,400
Accounts Payable	270	231	272	278	278	251
Current Portion of Leases	28	28	25	24	27	21
Current Income Taxes Payable	4	36	1	5	37	23
Other Current Liabilities	173	240	213	224	193	200
Total Current Liabilities	475	535	511	531	535	495
Long-Term Debt	941	841	1,046	907	742	743
Long-Term Leases	92	99	73	95	81	85
Pension & Post-Retirement Benefits	15	14	21	59	23	85
Long-Term Deferred Tax Liabilities	37	40	36	54	110	137
Other Long-Term Liabilities	114	121	136	130	143	41
Total Liabilities	1,674	1,650	1,823	1,776	1,634	1,586
Common Stock	165	165	165	165	175	180
Retained Earnings	780	826	1,483	1,526	1,822	1,662
Comprehensive Income & Other	-75	-69	-82	-99	-155	-138
Total Common Equity	870	922	1,566	1,592	1,842	1,704
Minority Interest	74	81	84	86	96	110
Shareholders' Equity	944	1,003	1,650	1,678	1,938	1,814
Total Liabilities & Equity	2,618	2,653	3,473	3,454	3,572	3,400
Total Debt	1,061	968	1,144	1,026	850	849
Net Cash (Debt)	-935	-802	-682	-887	-492	-350
Net Cash Per Share	-57.54	-49.09	-41.33	-54.13	-28.25	-19.56
Filing Date Shares Outstanding	16.79	16.34	16.34	16.34	16.29	17.43
Total Common Shares Outstanding	16.79	16.34	16.34	16.34	16.29	17.43
Working Capital	431	377	548	455	520	515
Book Value Per Share	51.83	56.43	95.85	97.44	113.07	97.74
Tangible Book Value	557	603	924	930	1,170	1,044
Tangible Book Value Per Share	33.18	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

Source: S&P Global Market Intelligence. Standard template. Financial Sources.