Novozymes Balance Sheet

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

Millions EUR. 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	275.3	280	149.7	139.95	129.52
Cash & Short-Term Investments	275.3	280	149.7	139.95	129.52
Cash Growth	-1.68%	87.04%	6.97%	8.06%	-18.37%
Accounts Receivable	752.4	689.2	506.1	484.66	401.87
Other Receivables	163	174	77.1	72.33	108.27
Receivables	915.4	863.2	583.2	556.98	510.14
Inventory	772.2	720.6	486.7	511.27	402.41
Prepaid Expenses	-	-	-	23.39	-
Other Current Assets	20.3	15.6	49.9	10.76	10.09
Total Current Assets	1,983	1,879	1,270	1,242	1,052
Property, Plant & Equipment	2,998	2,968	1,654	1,623	1,370
Long-Term Investments	17.5	24	27.5	29.98	3.9
Goodwill	6,193	5,605	265	269.82	271.68
Other Intangible Assets	4,896	4,419	343	361.78	404.02
Long-Term Deferred Tax Assets	242.2	275	236.4	218.2	220.17
Other Long-Term Assets	19.5	24.7	14.2	16.67	9.28
Total Assets	16,349	15,196	3,809	3,762	3,331
Accounts Payable	420.8	423.1	216.9	251.27	200.4
Accrued Expenses	-	-	-	93.17	92.13
Current Portion of Long-Term Debt	1,671	236.9	432	392.43	287.68
Current Portion of Leases	30.4	29.5	-	16.54	16.41
Current Income Taxes Payable	116.7	60.9	24.6	43.83	65.36
Current Unearned Revenue	26	22.8	8.7	18.55	21.92
Other Current Liabilities	476.3	315.1	290.5	120.32	79.08
Total Current Liabilities	2,741	1,088	972.7	936.1	762.99
Long-Term Debt	1,145	1,366	612	486.54	494.94
Long-Term Leases	159.2	164.4	-	38.72	48.42
Long-Term Unearned Revenue	79.9	105.3	20.4	17.34	13.18
Long-Term Deferred Tax Liabilities	1,316	1,256	263.6	222.23	179.82
Other Long-Term Liabilities	52.7	39.7	15.1	148.29	190.04
Total Liabilities	5,494	4,020	1,884	1,849	1,689
Common Stock	125.5	125.6	75.4	75.56	75.85
Retained Earnings	11,159	11,032	1,846	1,756	1,520
Comprehensive Income & Other	-428.8	18	-45.4	28.64	-5.38
Total Common Equity	10,855	11,176	1,876	1,860	1,591
Minority Interest	-	-	50	52.57	50.97
Shareholders' Equity	10,855	11,176	1,926	1,913	1,642
Total Liabilities & Equity	16,349	15,196	3,809	3,762	3,331
Total Debt	3,005	1,797	1,044	934.22	847.45
Net Cash (Debt)	-2,730	-1,517	-894.3	-794.27	-717.93
Net Cash Per Share	-5.85	-5.46	-3.22	-2.85	-2.56
Filing Date Shares Outstanding	465.91	277.9	464.62	276.6	277.11
Total Common Shares Outstanding	465.91	277.9	277.32	276.6	277.11
Working Capital	-758.1	791.1	296.8	306.25	289.16
Book Value Per Share	23.30	40.22	6.76	6.73	5.74
Tangible Book Value	-233.2	1,152	1,268	1,229	914.97
Tangible Book Value Per Share	-0.50	4.14	4.57	4.44	3.30
Land	1,678	1,692	-	1,037	1,016
Machinery	2,735	2,695	-	2,049	1,971
Construction In Progress	724	619.8	-	389.34	117.82

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