Strategic Investments Ratios and Metrics

Market cap in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	Current	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Feb '26 Feb 13, 2026	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Market Capitalization	303	433	518	408	405	361
Market Cap Growth	-18.75%	-16.36%	26.76%	0.83%	12.15%	6.99%
Enterprise Value	268	294	290	281	277	260
Last Close Price	0.75	1.05	1.25	1.11	1.08	0.91
PE Ratio	-	-	12.04	12.24	6.08	-
PS Ratio	-5.68	-2.96	9.12	8.91	29.88	43.31
PB Ratio	1.04	1.37	1.06	1.05	1.12	1.14
P/TBV Ratio	1.04	1.37	1.06	1.05	1.12	1.14
P/OCF Ratio	1.37	-	-	6.07	5.89	57.28
EV/Sales Ratio	-	-	5.11	6.12	20.45	31.19
EV/EBIT Ratio	-	-	6.12	7.06	37.08	82.50
Debt / Equity Ratio	0.26	0.16	0.12	0.24	0.23	0.32
Net Debt / Equity Ratio	-0.12	-0.19	-0.40	-0.35	-0.34	-0.23
Asset Turnover	-	-	0.11	0.10	0.03	0.02
Quick Ratio	2.14	3.69	4.08	2.35	2.27	1.66
Current Ratio	2.14	4.65	4.26	2.49	2.31	1.69
Return on Equity (ROE)	-22.38%	-41.23%	9.82%	8.88%	19.64%	-0.10%
Return on Assets (ROA)	-10.06%	-20.92%	5.71%	5.26%	1.06%	0.48%
Return on Invested Capital (ROIC)	-25.75%	-56.49%	17.37%	14.82%	3.09%	-2.07%
Return on Capital Employed (ROCE)	-19.80%	-45.10%	9.70%	10.20%	2.10%	1.00%
Earnings Yield	-24.55%	-38.27%	8.31%	8.17%	16.45%	-0.09%
Dividend Yield	2.67%	1.90%	1.60%	1.81%	1.85%	2.19%
Payout Ratio	-	-	15.80%	20.24%	10.13%	-
Buyback Yield / Dilution	-3.42%	-17.72%	-0.54%	-	-	-
Total Shareholder Return	-0.75%	-15.83%	1.06%	1.81%	1.85%	2.19%

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