TCM 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	36.8	30.82	29.1	13.29	4.39	11.88
Cash & Short-Term Investments	36.8	30.82	29.1	13.29	4.39	11.88
Cash Growth	7.29%	5.90%	119.04%	202.48%	-63.04%	-90.56%
Accounts Receivable	128.1	90.39	57.91	79.29	40.98	28.24
Other Receivables	20.1	38.09	35.01	34.77	30.2	37.9
Total Trade Receivables	148.2	128.48	92.92	114.06	71.18	66.14
Inventory	104.6	102.04	89.15	92.54	80.7	77.76
Other Current Assets	1	4.5	1.68	1.18	2.93	3.24
Total Current Assets	290.6	265.83	212.85	221.06	159.21	159.02
Net Property, Plant & Equipment	237.5	239.14	235.96	237.64	179.66	146.02
Other Intangible Assets	356.6	352.33	280.11	260.32	186.04	176.52
Goodwill	519.7	519.75	412	412	369.8	369.8
Long-Term Investments	3	3.83	58.05	59.02	59.12	55.96
Other Long-Term Assets	0.2	0.4	7.59	10.84	16.39	-
Total Assets	1,408	1,381	1,207	1,201	970.23	907.32
Accounts Payable	185.9	127.89	122.29	144.71	152.01	159.85
Accrued Expenses	38.5	38.5	43	77.8	51.21	52.23
Current Portion of Long-Term Debt	237.3	274.02	228.83	95.51	203.1	2.8
Current Portion of Leases	36.6	37.2	43.7	14.2	11.97	11.22
Unearned Revenue	3.1	8.39	0.29	0.58	0	2.99
Other Current Liabilities	3.8	4.14	1.41	1.67	3.56	0
Total Current Liabilities	375.8	326.09	234.9	334.47	421.85	389.79
Long-Term Debt	83.1	-	-	168.07	25.06	188.53
Long-Term Leases	12.2	-	-	48.15	48.81	15.19
Other Long-Term Liabilities	163.8	76.73	66.63	120.53	53.88	54.82
Total Long-Term Liabilities	388.5	426.44	382.16	336.76	127.75	97.84
Total Liabilities	764.3	752.53	617.06	671.22	549.6	487.63
Common Stock	1.1	1.05	1.05	1.05	0.91	1
Treasury Stock	-	-0.02	-0.01	-12.09	-12.09	-135.98
Accumulated Other Comprehensive Income	-0.6	0.12	0.1	-0.92	-0.92	-0.03
Retained Earnings	642.8	627.59	588.34	541.61	432.72	554.7
Shareholders' Equity	643.3	628.75	589.48	529.65	420.63	419.69
Total Liabilities & Equity	1,408	1,381	1,207	1,201	970.23	907.32
Total Debt	369.2	311.21	272.53	325.93	288.94	217.74
Net Cash (Debt)	-332.4	-280.4	-243.43	-312.65	-284.55	-205.86
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-32.09	-26.98	-23.24	-31.96	-31.33	-21.46
Book Value	643.3	628.75	589.48	529.65	420.63	419.69
Book Value Per Share	62.11	60.50	56.27	54.15	46.31	43.75
Tangible Book Value	-233	-243.33	-102.62	-142.67	-135.21	-126.63
Tangible Book Value Per Share	-22.49	-23.41	-9.80	-14.58	-14.89	-13.20