Garo Aktiebolag Balance Sheet

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

Millions SEK. 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	17	16.5	50	29.5	81.6
Cash & Short-Term Investments	17	16.5	50	29.5	81.6
Cash Growth	3.03%	-67.00%	69.49%	-63.85%	17.58%
Accounts Receivable	211.5	232.2	252.6	321.1	336
Other Receivables	79.6	50.5	46.4	43.7	9.1
Receivables	291.1	282.7	299	364.8	345.1
Inventory	314.7	376.1	395.2	344.9	242.1
Prepaid Expenses	-	17.1	19.1	13.1	12.7
Other Current Assets	-	4.9	-	-	-
Total Current Assets	622.8	697.3	763.3	752.3	681.5
Property, Plant & Equipment	242.3	266.7	285.2	269.4	144.1
Goodwill	-	45.5	45.5	45.5	45.5
Other Intangible Assets	108.4	8.5	38.4	65.1	34.5
Long-Term Deferred Tax Assets	-	20.9	4.2	4.1	3.2
Long-Term Deferred Charges	-	72.9	62	17.1	28.1
Other Long-Term Assets	31.5	0.3	-	-	-
Total Assets	1,005	1,112	1,199	1,154	936.9
Accounts Payable	110.8	127.2	183.3	187.4	166.5
Accrued Expenses	-	60.9	69.1	77	67.2
Short-Term Debt	193.7	166.6	177.6	6.1	7.3
Current Portion of Long-Term Debt	-	-	-	52	2.6
Current Portion of Leases	15.1	16.6	16.2	16.1	9.5
Current Income Taxes Payable	-	-	-	21	18.7
Other Current Liabilities	101.4	58.4	57.6	71.8	54.5
Total Current Liabilities	421	429.7	503.8	431.4	326.3
Long-Term Debt	14.5	68.9	22.2	36.6	26.5
Long-Term Leases	33.5	46	56.1	62.4	26.3
Long-Term Deferred Tax Liabilities	0.3	-	-	-	-
Other Long-Term Liabilities	6.3	12	7	9	6.3
Total Liabilities	475.6	556.6	589.1	539.4	385.4
Common Stock	20	20	20	20	20
Additional Paid-In Capital	3	1.5	1.5	1.5	-
Retained Earnings	496.5	514.1	574.2	582.9	532.4
Comprehensive Income & Other	9.9	19.9	13.8	9.7	-0.9
Shareholders' Equity	529.4	555.5	609.5	614.1	551.5
Total Liabilities & Equity	1,005	1,112	1,199	1,154	936.9
Total Debt	256.8	298.1	272.1	173.2	72.2
Net Cash (Debt)	-239.8	-281.6	-222.1	-143.7	9.4
Net Cash Per Share	-4.80	-5.63	-4.44	-2.87	0.19
Filing Date Shares Outstanding	50	50	50	50	50
Total Common Shares Outstanding	50	50	50	50	50
Working Capital	201.8	267.6	259.5	320.9	355.2
Book Value Per Share	10.59	11.11	12.19	12.28	11.03
Tangible Book Value	421	501.5	525.6	503.5	471.5
Tangible Book Value Per Share	8.42	10.03	10.51	10.07	9.43
Land	-	198.9	199.3	130.2	109.8
Machinery	-	165.1	160.5	136.2	125.9
Construction In Progress	-	4.4	3.4	69.8	4.4

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