SP Group 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	136.4	109.28	150.41	50.28	93.42	82.16
Cash & Short-Term Investments	136.4	109.28	150.41	50.28	93.42	82.16
Cash Growth	17.95%	-27.35%	199.17%	-46.18%	13.71%	-33.03%
Accounts Receivable	600.5	472.17	400.54	328.78	314.3	296.02
Other Receivables	-	93.18	88.85	109.64	37.47	56.86
Receivables	600.5	565.35	489.39	438.41	351.77	352.88
Inventory	760.3	737.07	629.75	676.9	739.24	605.1
Prepaid Expenses	-	-	-	-	14.54	19
Other Current Assets	40.4	19.95	15.3	14.43	-	-
Total Current Assets	1,538	1,432	1,285	1,180	1,199	1,059
Property, Plant & Equipment	1,649	1,648	1,425	1,387	1,293	1,120
Long-Term Investments	-	15.62	15.67	0.3	0.36	0.4
Goodwill	-	700.25	331.4	330.94	332.08	242.8
Other Intangible Assets	881.6	160.83	59.99	69.99	84.12	59.61
Long-Term Deferred Tax Assets	11.3	11.28	8.81	9.71	9.45	11
Long-Term Deferred Charges	-	25.7	35.36	40.6	42.36	35.44
Other Long-Term Assets	16.9	0.58	0.68	1.33	1.4	1.22
Total Assets	4,096	3,994	3,162	3,020	2,962	2,530
Accounts Payable	-	217.48	168.42	165.38	192.84	185.43
Short-Term Debt	398.9	267.19	266.03	309.26	259.95	262.82
Current Portion of Long-Term Debt	-	148.86	102.94	114.34	125.55	89.35
Current Portion of Leases	-	59.15	56.47	64.74	60.3	75.71
Current Income Taxes Payable	-	27.3	7.25	7.81	9.45	19.3
Current Unearned Revenue	-	95.96	81	53.79	56.41	58.57
Other Current Liabilities	637.4	143.37	137.26	130.11	185.29	195.76
Total Current Liabilities	1,036	959.31	819.37	845.42	889.78	886.96
Long-Term Debt	1,195	888.94	369.67	407.65	512.67	330.79
Long-Term Leases	-	190.38	160.09	167.91	151.54	126.47
Long-Term Deferred Tax Liabilities	-	125.33	92.98	106.11	87.32	70.25
Other Long-Term Liabilities	-	21.34	22.9	28.99	54.5	31.52
Total Liabilities	2,231	2,185	1,465	1,556	1,696	1,446
Common Stock	1,860	24.98	24.98	24.98	24.98	24.98
Retained Earnings	-	1,950	1,732	1,510	1,389	1,220
Treasury Stock	-	-217.35	-144.96	-128.72	-118.73	-113.94
Comprehensive Income & Other	-	43.96	78.98	53.3	-32.53	-49.65
Total Common Equity	1,860	1,802	1,691	1,459	1,263	1,081
Minority Interest	4.6	7.51	5.66	4.18	3.45	2.93
Shareholders' Equity	1,865	1,809	1,697	1,464	1,266	1,084
Total Liabilities & Equity	4,096	3,994	3,162	3,020	2,962	2,530
Total Debt	1,594	1,555	955.2	1,064	1,110	885.15
Net Cash (Debt)	-1,458	-1,445	-804.79	-1,014	-1,017	-802.99
Net Cash Per Share	-122.32	-120.71	-66.50	-83.38	-83.53	-65.11
Filing Date Shares Outstanding	11.75	11.81	12.02	12.11	12.12	12.15
Total Common Shares Outstanding	11.75	11.81	12.06	12.11	12.16	12.18
Working Capital	501.3	472.34	465.48	334.6	309.19	172.19
Book Value Per Share	158.35	152.56	140.25	120.49	103.86	88.77
Tangible Book Value	978.4	940.49	1,300	1,058	846.45	778.68
Tangible Book Value Per Share	83.30	79.64	107.79	87.39	69.62	63.94
Land	-	829.57	606.75	596.19	580.51	466.63
Machinery	-	1,849	1,680	1,656	1,529	1,351
Construction In Progress	-	62.6	168.05	79.79	51.86	61.84
Leasehold Improvements	-	98.13	101.24	94.32	73.58	64.81

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