Tivoli A/S (CPH:TIV)

Tivoli Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	14.5	44.6	74.8	75.6	63.7	13.5
Cash & Short-Term Investments	14.5	44.6	74.8	75.6	63.7	13.5
Cash Growth	-56.19%	-40.37%	-1.06%	18.68%	371.85%	-54.55%
Accounts Receivable	27	47.4	40.5	34.2	33.3	19.5
Other Receivables	45.3	58.1	74.2	75.7	72.1	25
Receivables	72.3	105.5	114.7	109.9	105.4	44.5
Inventory	28.9	23	19.5	14.5	14.1	12.2
Prepaid Expenses	22.8	15.3	14	-	-	-
Other Current Assets	1	0.1	-	-	-	0.1
Total Current Assets	139.5	188.5	223	200	183.2	70.3
Property, Plant & Equipment	1,631	1,573	1,493	1,438	1,427	1,447
Long-Term Investments	14	14	14.4	14.8	15.2	15.6
Other Intangible Assets	93.6	83.4	56.6	47.7	43.2	38.8
Other Long-Term Assets	6.2	6	6.2	5.9	5.2	4.6
Total Assets	1,884	1,864	1,793	1,706	1,674	1,577

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	50.7	55.2	57.7	45.1	45.4	35.1
Accrued Expenses	-	-	-	76.4	57.8	56
Short-Term Debt	45.7	-	-	-	12.9	12.9
Current Portion of Long-Term Debt	19	23.3	22.4	16.8	17.5	52.8
Current Portion of Leases	15.5	16	14.9	13.6	13.4	10.8
Current Income Taxes Payable	-	7.3	-	0.1	2.5	2.4
Current Unearned Revenue	93.6	101.8	100.2	93.1	98.8	80.9
Other Current Liabilities	94.4	109.4	110.3	43.3	44.9	28.7
Total Current Liabilities	318.9	313	305.5	288.4	293.2	279.6
Long-Term Debt	258.3	216.2	239.8	262.3	275.4	311
Long-Term Leases	29.3	40.8	46.3	52.5	63.2	59.1
Long-Term Deferred Tax Liabilities	55.6	54	54.2	53.6	53.4	50.4
Total Liabilities	662.1	624	645.8	656.8	685.2	700.1

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	57.2	57.2	57.2	57.2	57.2	57.2
Retained Earnings	1,148	1,171	1,080	977.9	907.9	819.4
Comprehensive Income & Other	17	12.7	9.8	14	23.3	-
Shareholders' Equity	1,222	1,240	1,147	1,049	988.4	876.6
Total Liabilities & Equity	1,884	1,864	1,793	1,706	1,674	1,577

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	367.8	296.3	323.4	345.2	382.4	446.6
Net Cash (Debt)	-353.3	-251.7	-248.6	-269.6	-318.7	-433.1
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-60.63	-44.13	-43.44	-47.16	-55.75	-75.76
Filing Date Shares Outstanding	5.73	5.72	5.72	5.72	5.72	5.72
Total Common Shares Outstanding	5.73	5.72	5.72	5.72	5.72	5.72
Working Capital	-179.4	-124.5	-82.5	-88.4	-110	-209.3
Book Value Per Share	213.28	216.98	200.62	183.52	172.90	153.34
Tangible Book Value	1,128	1,157	1,090	1,001	945.2	837.8
Tangible Book Value Per Share	196.94	202.39	190.72	175.17	165.34	146.55
Land	-	-	-	1,668	1,647	1,606
Machinery	-	-	-	710	693.9	686.9
Construction In Progress	-	-	-	51.7	11.8	9.9

Data Source: S&P Global Market Intelligence Last updated: Oct 29, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Oct 31, 2026

Data Sources Report a data error