TROPHY GAMES Development 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	-	23.05	25.43	24.72	28.27	37.76
Cash & Short-Term Investments	23.05	23.05	25.43	24.72	28.27	37.76
Cash Growth	-9.36%	-9.36%	2.87%	-12.55%	-25.14%	2323.36%
Accounts Receivable	-	13.57	6.74	4.7	4.09	3.56
Other Receivables	-	18.65	3.33	2.83	5.86	4.23
Receivables	-	32.21	10.06	7.53	9.94	7.79
Total Current Assets	-	55.26	35.49	32.25	38.21	45.54
Property, Plant & Equipment	-	-	-	0.22	0.5	0.78
Other Intangible Assets	-	26.48	27.72	25.5	19.43	27.93
Long-Term Deferred Tax Assets	-	-	-	-	0.93	-
Other Long-Term Assets	-	2.86	4.98	4.11	0.75	0.75
Total Assets	-	84.6	68.19	62.07	59.82	75.01
Accounts Payable	-	3.9	0.25	1.08	0.92	2.12
Short-Term Debt	-	0	0.01	0.09	-	-
Current Income Taxes Payable	-	3.37	1.26	0.33	-	0.04
Other Current Liabilities	-	5.39	2.68	3.36	3.64	3.04
Total Current Liabilities	-	12.67	4.2	4.86	4.56	5.2
Long-Term Deferred Tax Liabilities	-	5.81	5.19	4.82	3.39	4.12
Other Long-Term Liabilities	-	-0	-	-	-	1.33
Total Liabilities	-	18.48	9.39	9.68	7.95	10.66
Common Stock	-	0.55	0.55	0.55	0.55	0.55
Retained Earnings	-	66.14	58.34	52.39	51.64	63.8
Comprehensive Income & Other	-	-0.58	-0.09	-0.07	-	-
Total Common Equity	66.12	66.12	58.8	52.87	52.19	64.35
Minority Interest	-	-	-	-0.48	-0.32	-
Shareholders' Equity	66.12	66.12	58.8	52.39	51.87	64.35
Total Liabilities & Equity	-	84.6	68.19	62.07	59.82	75.01
Total Debt	0	0	0.01	0.09	-	-
Net Cash (Debt)	23.05	23.05	25.42	24.63	28.27	37.76
Net Cash Growth	-9.35%	-9.35%	3.24%	-12.88%	-25.14%	2323.36%
Net Cash Per Share	0.87	0.86	1.00	0.91	1.02	1.37
Filing Date Shares Outstanding	26.53	26.53	26.97	27.2	27.6	27.6
Total Common Shares Outstanding	26.53	26.53	26.97	27.2	27.6	27.6
Working Capital	-	42.59	31.29	27.39	33.65	40.34
Book Value Per Share	2.49	2.49	2.18	1.94	1.89	2.33
Tangible Book Value	39.64	39.64	31.08	27.37	32.76	36.42
Tangible Book Value Per Share	1.49	1.49	1.15	1.01	1.19	1.32
Machinery	-	0.21	0.21	0.21	0.21	0.21
Leasehold Improvements	-	0.64	0.64	0.64	0.64	0.64