MT Højgaard Holding 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	379	540	771	936.4	386.4	252
Cash & Short-Term Investments	379	540	771	936.4	386.4	252
Cash Growth	-45.69%	-29.96%	-17.66%	142.34%	53.33%	23.59%
Accounts Receivable	2,246	2,275	2,475	2,457	2,478	2,256
Other Receivables	-	-	-	0.1	3.4	1.9
Receivables	2,246	2,275	2,475	2,457	2,481	2,258
Inventory	252	232	268	393.6	444.2	356.2
Prepaid Expenses	77	33	31	29.6	54.2	20.4
Other Current Assets	23	29	53	377.4	152.5	-
Total Current Assets	2,977	3,109	3,598	4,194	3,519	2,886
Property, Plant & Equipment	452	460	432	382.2	573.4	623.5
Long-Term Investments	45	46	87	78.7	69.1	90.8
Goodwill	-	221	221	220.8	250.4	250.4
Other Intangible Assets	367	150	164	179	177.8	278.6
Long-Term Deferred Tax Assets	17	27	102	184.2	174.7	196.8
Other Long-Term Assets	246	173	78	78.8	24.6	13
Total Assets	4,104	4,186	4,682	5,318	4,789	4,339
Accounts Payable	1,013	1,051	1,524	1,500	1,384	996.4
Current Portion of Long-Term Debt	1	1	82	81.9	85.4	6.3
Current Portion of Leases	63	64	60	58.7	64	65.1
Current Income Taxes Payable	15	12	10	15.6	15.3	10.5
Current Unearned Revenue	1,100	1,181	968	1,310	982.7	838.6
Other Current Liabilities	362	291	439	730	517.9	534.2
Total Current Liabilities	2,554	2,600	3,083	3,696	3,050	2,451
Long-Term Debt	13	13	189	270.6	355.9	429.3
Long-Term Leases	133	138	149	152.5	230.6	241.1
Long-Term Deferred Tax Liabilities	30	31	33	36.4	44.8	110.5
Other Long-Term Liabilities	178	175	191	316.6	356.6	370.5
Total Liabilities	2,908	2,957	3,645	4,472	4,037	3,603
Common Stock	156	156	156	155.7	155.7	155.7
Retained Earnings	1,044	1,079	880	689.3	576.5	563.9
Comprehensive Income & Other	-4	-6	1	-0.8	1.8	1.1
Total Common Equity	1,196	1,229	1,037	844.2	734	720.7
Minority Interest	-	-	-	1.3	17.1	16.1
Shareholders' Equity	1,196	1,229	1,037	845.5	751.1	736.8
Total Liabilities & Equity	4,104	4,186	4,682	5,318	4,789	4,339
Total Debt	210	216	480	563.7	735.9	741.8
Net Cash (Debt)	169	324	291	372.7	-349.5	-489.8
Net Cash Growth	-43.27%	11.34%	-21.92%	-	-	-
Net Cash Per Share	-	41.61	37.37	47.86	-44.88	-62.90
Filing Date Shares Outstanding	-	7.71	7.73	7.7	7.67	7.68
Total Common Shares Outstanding	-	7.71	7.73	7.7	7.67	7.68
Working Capital	423	509	515	497.9	469	435.1
Book Value Per Share	-	159.46	134.11	109.69	95.65	93.81
Tangible Book Value	829	858	652	444.4	305.8	191.7
Tangible Book Value Per Share	-	111.32	84.32	57.74	39.85	24.95
Land	-	144	149	146.2	201.2	235.9
Machinery	-	306	239	180.9	238.1	242.9
Construction In Progress	-	1	4	0.5	-	3.9
Order Backlog	-	11,879	11,782	13,505	13,344	10,624

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