Tivoli A/S (CPH:TIV)

Tivoli Balance Sheet

Financials in millions DKK. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	15.6	74.8	75.6	63.7	13.5	24.8
Short-Term Investments	-	-	-	-	-	4.9
Cash & Short-Term Investments	15.6	74.8	75.6	63.7	13.5	29.7
Cash Growth	-7.14%	-1.06%	18.68%	371.85%	-54.55%	-83.77%
Accounts Receivable	36.4	40.5	34.2	33.3	19.5	9.5
Other Receivables	80.5	88.2	75.7	72.1	25	149.4
Receivables	116.9	128.7	109.9	105.4	44.5	158.9
Inventory	21.5	19.5	14.5	14.1	12.2	12.2
Prepaid Expenses	19	-	-	-	-	6.1
Other Current Assets	1.1	-0.1	-	-	0.1	-
Total Current Assets	174.1	222.9	200	183.2	70.3	206.9
Property, Plant & Equipment	1,556	1,493	1,438	1,427	1,447	1,481
Long-Term Investments	15.9	14.4	14.8	15.2	15.6	16.5
Other Intangible Assets	71.6	56.6	47.7	43.2	38.8	35
Other Long-Term Assets	6.2	6.2	5.9	5.2	4.6	-
Total Assets	1,823	1,793	1,706	1,674	1,577	1,739
Accounts Payable	77.4	57.7	45.1	45.4	35.1	28.7
Accrued Expenses	-	75.2	76.4	57.8	56	92.9
Short-Term Debt	111.4	-	-	12.9	12.9	85.1
Current Portion of Long-Term Debt	22.4	22.4	16.8	17.5	52.8	72.2
Current Portion of Leases	15.1	14.9	13.6	13.4	10.8	10.6
Current Income Taxes Payable	-	-	0.1	2.5	2.4	-
Current Unearned Revenue	128.5	100.2	93.1	98.8	80.9	82.6
Other Current Liabilities	89.7	35	43.3	44.9	28.7	27.9
Total Current Liabilities	444.5	305.4	288.4	293.2	279.6	400
Long-Term Debt	228.7	239.8	262.3	275.4	311	315.4
Long-Term Leases	38.7	46.3	52.5	63.2	59.1	66.2
Long-Term Deferred Tax Liabilities	54.4	54.2	53.6	53.4	50.4	54.6
Total Liabilities	766.3	645.7	656.8	685.2	700.1	836.2
Common Stock	57.2	57.2	57.2	57.2	57.2	57.2
Retained Earnings	989.5	1,080	977.9	907.9	819.4	884.3
Comprehensive Income & Other	10.4	9.8	14	23.3	-	-38.6
Shareholders' Equity	1,057	1,147	1,049	988.4	876.6	902.9
Total Liabilities & Equity	1,823	1,793	1,706	1,674	1,577	1,739
Total Debt	416.3	323.4	345.2	382.4	446.6	549.5
Net Cash (Debt)	-400.7	-248.6	-269.6	-318.7	-433.1	-519.8
Net Cash Per Share	-69.99	-43.49	-47.16	-55.75	-75.76	-90.93
Filing Date Shares Outstanding	5.72	5.72	5.72	5.72	5.72	5.72
Total Common Shares Outstanding	5.72	5.72	5.72	5.72	5.72	5.72
Working Capital	-270.4	-82.5	-88.4	-110	-209.3	-193.1
Book Value Per Share	184.92	200.62	183.52	172.90	153.34	157.94
Tangible Book Value	985.5	1,090	1,001	945.2	837.8	867.9
Tangible Book Value Per Share	172.39	190.72	175.17	165.34	146.55	151.82
Land	-	1,687	1,668	1,647	1,606	1,596
Machinery	-	733.7	710	693.9	686.9	675.1
Construction In Progress	-	96.4	51.7	11.8	9.9	22

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.