Solar A/S (CPH:SOLAR.B)
Denmark · Delayed Price · Currency is DKK 205.50
-2.50 (-1.20%)
Aug 26, 2026, 4:59 PM CET
Solar Balance Sheet
Financials in millions DKK. Fiscal year is January - December.
Millions DKK. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 | 78 | 133 | 459 | 441 | 166 | 481 |
Cash & Short-Term Investments | 78 | 133 | 459 | 441 | 166 | 481 |
Cash Growth | -61.77% | -71.02% | 4.08% | 165.66% | -65.49% | 19.06% |
Accounts Receivable | 2,248 | 1,719 | 1,661 | 1,648 | 1,859 | 1,502 |
Other Receivables | 49 | 24 | 127 | 42 | 22 | 6 |
Receivables | 2,297 | 1,743 | 1,788 | 1,690 | 1,881 | 1,508 |
Inventory | 2,081 | 1,871 | 1,888 | 2,029 | 2,248 | 1,855 |
Prepaid Expenses | 91 | 63 | 73 | 59 | 42 | 46 |
Total Current Assets | 4,547 | 3,810 | 4,208 | 4,219 | 4,337 | 3,890 |
Property, Plant & Equipment | 1,813 | 1,774 | 1,478 | 1,506 | 1,346 | 1,185 |
Long-Term Investments | 3 | 3 | 3 | 4 | 4 | 5 |
Goodwill | - | 301 | 75 | 122 | - | - |
Other Intangible Assets | 693 | 350 | 306 | 226 | 173 | 159 |
Long-Term Deferred Tax Assets | 51 | 36 | 11 | 7 | 9 | 13 |
Other Long-Term Assets | 24 | 22 | 27 | 28 | 32 | 53 |
Total Assets | 7,131 | 6,296 | 6,108 | 6,112 | 5,901 | 5,305 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Accounts Payable | 2,096 | 1,937 | 1,852 | 1,770 | 1,902 | 2,098 |
Accrued Expenses | - | 295 | 349 | 397 | 481 | 497 |
Short-Term Debt | - | - | - | - | - | 10 |
Current Portion of Long-Term Debt | 1,611 | 662 | 858 | 731 | 568 | 58 |
Current Portion of Leases | 152 | 154 | 141 | 130 | 117 | 102 |
Current Income Taxes Payable | 5 | 11 | 8 | 54 | 63 | 33 |
Current Unearned Revenue | 43 | 17 | 35 | - | - | - |
Other Current Liabilities | 498 | 111 | 113 | 140 | 130 | 120 |
Total Current Liabilities | 4,405 | 3,187 | 3,356 | 3,222 | 3,261 | 2,918 |
Long-Term Debt | 359 | 664 | 425 | 434 | 293 | 120 |
Long-Term Leases | 273 | 290 | 284 | 320 | 274 | 203 |
Long-Term Deferred Tax Liabilities | 142 | 148 | 157 | 143 | 133 | 101 |
Other Long-Term Liabilities | 13 | 11 | 12 | 11 | 9 | 11 |
Total Liabilities | 5,192 | 4,300 | 4,234 | 4,130 | 3,970 | 3,353 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Common Stock | 801 | 801 | 736 | 736 | 736 | 736 |
Retained Earnings | 1,277 | 1,345 | 1,326 | 1,394 | 1,376 | 1,374 |
Comprehensive Income & Other | -180 | -196 | -234 | -198 | -181 | -158 |
Total Common Equity | 1,898 | 1,950 | 1,828 | 1,932 | 1,931 | 1,952 |
Minority Interest | 41 | 46 | 46 | 50 | - | - |
Shareholders' Equity | 1,939 | 1,996 | 1,874 | 1,982 | 1,931 | 1,952 |
Total Liabilities & Equity | 7,131 | 6,296 | 6,108 | 6,112 | 5,901 | 5,305 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 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 |
Total Debt | 2,395 | 1,770 | 1,708 | 1,615 | 1,252 | 493 |
Net Cash (Debt) | -2,317 | -1,637 | -1,249 | -1,174 | -1,086 | -12 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -299.48 | -220.70 | -170.38 | -160.18 | -148.18 | -1.64 |
Filing Date Shares Outstanding | 7.95 | 7.95 | 7.3 | 7.3 | 7.3 | 7.3 |
Total Common Shares Outstanding | 7.95 | 7.95 | 7.3 | 7.3 | 7.3 | 7.3 |
Working Capital | 142 | 623 | 852 | 997 | 1,076 | 972 |
Book Value Per Share | 238.86 | 245.40 | 250.40 | 264.54 | 264.40 | 267.28 |
Tangible Book Value | 1,205 | 1,299 | 1,447 | 1,584 | 1,758 | 1,793 |
Tangible Book Value Per Share | 151.65 | 163.47 | 198.21 | 216.89 | 240.71 | 245.51 |
Land | - | 1,118 | 1,219 | 1,249 | 1,208 | 1,124 |
Machinery | - | 565 | 606 | 562 | 561 | 580 |
Construction In Progress | - | 491 | 117 | 125 | 7 | 116 |
Leasehold Improvements | - | 74 | 71 | 59 | 57 | 56 |