Netcompany Group A/S (CPH: NETC)

Netcompany Group Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	32.6	448.1	336	458.78	359	132.35
Cash & Short-Term Investments	32.6	448.1	336	458.78	359	132.35
Cash Growth	-67.56%	33.36%	-26.76%	27.80%	171.25%	22.93%
Accounts Receivable	2,823	2,526	2,227	2,052	935.38	850.76
Other Receivables	162.4	82.7	100.7	63.24	14.13	0.42
Receivables	2,985	2,608	2,327	2,115	949.51	851.18
Prepaid Expenses	111.2	122	124.4	74.9	47.18	27.76
Other Current Assets	-	-0.1	-0.1	3.12	0	0
Total Current Assets	3,129	3,178	2,788	2,652	1,356	1,011
Property, Plant & Equipment	881.1	944.4	329.7	314.42	135.32	146.22
Long-Term Investments	192.4	205.2	106.7	112.55	69.97	-
Goodwill	-	3,252	3,373	3,372	2,264	2,264
Other Intangible Assets	3,711	481.1	507.4	523.75	187.07	286.5
Long-Term Deferred Tax Assets	47.7	41.8	32.7	17.39	8.84	3.53
Other Long-Term Assets	47.3	56.9	57.4	28.7	18.48	15.98
Total Assets	8,008	8,160	7,194	7,021	4,039	3,728
Accounts Payable	349.7	340	265.2	328.5	39.88	44.06
Accrued Expenses	344.3	374.8	301.2	-	-	-
Short-Term Debt	46.9	146.9	47.3	74.5	-	-
Current Portion of Leases	105.1	114.7	85.4	98.65	35.39	39.36
Current Income Taxes Payable	62.3	40.9	-	5.15	42.67	26.91
Current Unearned Revenue	564.5	561.3	433.5	350.88	41.75	51.02
Other Current Liabilities	412.8	314.5	356.8	454.85	393.94	366.8
Total Current Liabilities	1,886	1,893	1,489	1,313	553.63	528.14
Long-Term Debt	1,573	1,587	1,872	2,276	760.56	958.64
Long-Term Leases	738.9	761.8	180.5	147.98	57.38	64.62
Long-Term Deferred Tax Liabilities	63.7	69	111	134.26	66.04	73.34
Other Long-Term Liabilities	-	-	-0.1	94.5	173.21	31.14
Total Liabilities	4,283	4,330	3,667	3,983	1,611	1,656
Common Stock	50	50	50	50	50	50
Retained Earnings	4,320	3,893	3,731	3,146	2,515	2,193
Treasury Stock	-650	-193.1	-313.3	-241.41	-175	-175
Comprehensive Income & Other	1.5	73.9	53	76.76	38.69	3.68
Total Common Equity	3,721	3,824	3,521	3,031	2,429	2,072
Minority Interest	4.4	6.5	6.2	6.8	-	-
Shareholders' Equity	3,726	3,830	3,527	3,038	2,429	2,072
Total Liabilities & Equity	8,008	8,160	7,194	7,021	4,039	3,728
Total Debt	2,464	2,610	2,186	2,597	853.33	1,063
Net Cash (Debt)	-2,432	-2,162	-1,850	-2,138	-494.33	-930.27
Net Cash Per Share	-49.20	-43.42	-37.22	-43.03	-10.02	-18.87
Filing Date Shares Outstanding	47.94	49.57	49.1	49.17	49.1	49.1
Total Common Shares Outstanding	47.94	49.57	49.1	49.17	49.1	49.1
Working Capital	1,243	1,285	1,298	1,339	802.05	483.15
Book Value Per Share	77.61	77.13	71.71	61.64	49.46	42.19
Tangible Book Value	10.2	90.4	-359.2	-865.08	-22.51	-478.86
Tangible Book Value Per Share	0.21	1.82	-7.32	-17.59	-0.46	-9.75
Machinery	-	173	166.3	137.37	94.74	81.81
Leasehold Improvements	-	103.6	67.4	49.74	28.84	20.43
Order Backlog	-	6,990	-	-	-	-

Source: S&P Capital IQ. Standard template. Financial Sources.