DFDS A/S Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	1,795	1,589	737	1,189	902
Cash & Short-Term Investments	1,795	1,589	737	1,189	902
Cash Growth	12.96%	115.60%	-38.02%	31.82%	-28.47%
Accounts Receivable	3,437	4,247	3,795	3,367	2,799
Other Receivables	643	624	664	648	624
Receivables	4,080	4,871	4,459	4,015	3,423
Inventory	255	322	339	324	269
Prepaid Expenses	447	452	400	368	299
Other Current Assets	33	52	21	47	21
Total Current Assets	6,610	7,286	5,956	5,943	4,914
Property, Plant & Equipment	20,533	21,933	21,318	21,198	19,188
Long-Term Investments	2	5	2	13	35
Goodwill	7,631	7,497	4,952	4,407	4,280
Other Intangible Assets	2,193	2,339	2,184	2,038	1,972
Long-Term Deferred Tax Assets	74	82	79	49	31
Other Long-Term Assets	74	139	156	436	301
Total Assets	37,117	39,281	34,647	34,084	30,721
Accounts Payable	3,775	4,000	3,464	3,673	3,170
Accrued Expenses	830	911	647	568	506
Current Portion of Long-Term Debt	1,565	595	681	2,349	1,790
Current Portion of Leases	974	1,026	946	788	721
Current Income Taxes Payable	39	78	83	170	113
Current Unearned Revenue	238	218	251	223	171
Other Current Liabilities	1,000	693	419	282	307
Total Current Liabilities	8,421	7,521	6,491	8,053	6,778
Long-Term Debt	10,245	12,267	8,716	8,481	8,707
Long-Term Leases	4,232	4,846	4,886	3,916	3,118
Pension & Post-Retirement Benefits	123	104	90	88	76
Long-Term Deferred Tax Liabilities	550	522	468	359	366
Other Long-Term Liabilities	98	132	64	51	122
Total Liabilities	23,669	25,392	20,715	20,948	19,167
Common Stock	1,124	1,159	1,173	1,173	1,173
Retained Earnings	12,693	13,145	13,119	12,133	10,669
Treasury Stock	-44	-79	-48	-28	-25
Comprehensive Income & Other	-402	-411	-404	-256	-371
Total Common Equity	13,371	13,814	13,840	13,022	11,446
Minority Interest	77	75	92	114	108
Shareholders' Equity	13,448	13,889	13,932	13,136	11,554
Total Liabilities & Equity	37,117	39,281	34,647	34,084	30,721
Total Debt	17,016	18,734	15,229	15,534	14,336
Net Cash (Debt)	-15,221	-17,145	-14,492	-14,345	-13,434
Net Cash Per Share	-281.80	-310.09	-256.60	-250.14	-233.63
Filing Date Shares Outstanding	54.02	54	56.22	57.25	57.36
Total Common Shares Outstanding	54.02	54	56.22	57.25	57.36
Working Capital	-1,811	-235	-535	-2,110	-1,864
Book Value Per Share	247.54	255.83	246.19	227.46	199.55
Tangible Book Value	3,547	3,978	6,704	6,577	5,194
Tangible Book Value Per Share	65.67	73.67	119.26	114.88	90.55
Land	976	949	863	616	482
Machinery	24,525	24,523	25,281	25,392	22,706
Construction In Progress	394	374	415	369	1,368

Source: S&P Global Market Intelligence. Standard template. Financial Sources.