Hove A/S 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	2.16	6.34	13.63	19.66	25.5
Cash & Short-Term Investments	2.16	6.34	13.63	19.66	25.5
Cash Growth	-65.92%	-53.49%	-30.66%	-22.91%	611.47%
Accounts Receivable	32.28	30.93	20.47	21.79	12.5
Other Receivables	3.22	2.78	3.89	7.67	3.93
Receivables	35.5	33.72	24.35	29.46	16.43
Inventory	44.89	36.68	30.47	34.04	18.9
Prepaid Expenses	1.7	0.81	1.25	-	-
Other Current Assets	-0	0	-	-0	-
Total Current Assets	84.26	77.55	69.7	83.15	60.83
Property, Plant & Equipment	22.32	17.25	17.29	18.27	17.57
Other Intangible Assets	8.39	8.41	9.13	13.9	12.88
Other Long-Term Assets	0.35	0.22	0.3	0.06	0.06
Total Assets	115.3	103.43	96.42	115.38	91.34
Accounts Payable	14.1	10.16	7.81	25.24	7.92
Accrued Expenses	-	-	-	0.36	0.36
Current Portion of Long-Term Debt	2.75	2.58	0.84	2.49	2.42
Current Income Taxes Payable	2.2	1.65	2.92	1.93	1.06
Current Unearned Revenue	0.06	0.36	0.36	-	-
Other Current Liabilities	1.65	1.7	2.05	2.37	2.06
Total Current Liabilities	20.75	16.46	13.97	32.39	13.82
Long-Term Debt	3.49	3.73	7.38	12.01	14.49
Long-Term Unearned Revenue	-	0.06	0.42	-	-
Long-Term Deferred Tax Liabilities	3.04	2.69	2.42	2.2	1.18
Other Long-Term Liabilities	0.86	1.15	0.8	1.56	1.9
Total Liabilities	28.14	24.1	24.99	48.16	31.39
Common Stock	2.53	2.47	2.44	2.4	2.4
Additional Paid-In Capital	33.48	33.26	33.02	32.13	32.13
Retained Earnings	48.27	38.02	32.17	28.55	21.4
Comprehensive Income & Other	2.89	5.58	3.8	4.14	4.02
Shareholders' Equity	87.16	79.32	71.42	67.22	59.96
Total Liabilities & Equity	115.3	103.43	96.42	115.38	91.34
Total Debt	6.24	6.32	8.22	14.51	16.91
Net Cash (Debt)	-4.08	0.02	5.41	5.15	8.59
Net Cash Growth	-	-99.58%	5.07%	-40.04%	-
Net Cash Per Share	-0.16	0.00	0.21	0.20	0.36
Filing Date Shares Outstanding	24.82	24.65	24.42	24	24
Total Common Shares Outstanding	24.82	24.65	24.42	24	24
Working Capital	63.51	61.08	55.72	50.76	47.01
Book Value Per Share	3.51	3.22	2.92	2.80	2.50
Tangible Book Value	78.78	70.91	62.29	53.32	47.07
Tangible Book Value Per Share	3.17	2.88	2.55	2.22	1.96
Land	-	16.02	15.11	15.07	14.66
Machinery	-	9.99	9.28	8.06	8.22
Construction In Progress	-	-	0.44	1.34	-

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