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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	13.4	44.6	74.8	75.6	63.7	13.5
Cash & Short-Term Investments	13.4	44.6	74.8	75.6	63.7	13.5
Cash Growth	-14.10%	-40.37%	-1.06%	18.68%	371.85%	-54.55%
Accounts Receivable	32.7	47.4	40.5	34.2	33.3	19.5
Other Receivables	74.7	58.1	74.2	75.7	72.1	25
Receivables	107.4	105.5	114.7	109.9	105.4	44.5
Inventory	27.2	23	19.5	14.5	14.1	12.2
Prepaid Expenses	17.6	15.3	14	-	-	-
Other Current Assets	1	0.1	-	-	-	0.1
Total Current Assets	166.6	188.5	223	200	183.2	70.3
Property, Plant & Equipment	1,626	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	94.8	83.4	56.6	47.7	43.2	38.8
Other Long-Term Assets	6.1	6	6.2	5.9	5.2	4.6
Total Assets	1,908	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	69.9	55.2	57.7	45.1	45.4	35.1
Accrued Expenses	-	-	-	76.4	57.8	56
Short-Term Debt	107.7	-	-	-	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	127.6	101.8	100.2	93.1	98.8	80.9
Other Current Liabilities	87.8	109.4	110.3	43.3	44.9	28.7
Total Current Liabilities	427.5	313	305.5	288.4	293.2	279.6
Long-Term Debt	263	216.2	239.8	262.3	275.4	311
Long-Term Leases	33.4	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	779.5	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	Jun 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	1,059	1,171	1,080	977.9	907.9	819.4
Comprehensive Income & Other	11.9	12.7	9.8	14	23.3	-
Shareholders' Equity	1,128	1,240	1,147	1,049	988.4	876.6
Total Liabilities & Equity	1,908	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	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	438.6	296.3	323.4	345.2	382.4	446.6
Net Cash (Debt)	-425.2	-251.7	-248.6	-269.6	-318.7	-433.1
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-74.63	-44.13	-43.44	-47.16	-55.75	-75.76
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	-260.9	-124.5	-82.5	-88.4	-110	-209.3
Book Value Per Share	197.22	216.98	200.62	183.52	172.90	153.34
Tangible Book Value	1,033	1,157	1,090	1,001	945.2	837.8
Tangible Book Value Per Share	180.65	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: Jun 30, 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:

Aug 26, 2026

Data Sources Report a data error