Enapter AG (FRA:H2O)

Enapter AG Balance Sheet

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

Assets

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	9.97	4.57	14.59	5.07	19.6
Cash & Short-Term Investments	9.97	4.57	14.59	5.07	19.6
Cash Growth	118.34%	-68.69%	187.71%	-74.13%	361.49%
Accounts Receivable	11.66	37.3	23.27	8.01	2.64
Other Receivables	-	1.85	-	3.93	3.04
Receivables	11.66	39.15	23.27	11.94	5.68
Inventory	6.93	8.84	11.31	8.42	3.6
Prepaid Expenses	-	0.37	-	0.32	0.18
Other Current Assets	8.18	3.36	5.61	1.82	0.85
Total Current Assets	36.75	56.29	54.78	27.58	29.92
Property, Plant & Equipment	68.76	61.62	60.71	24.33	25.04
Long-Term Investments	1.11	0.49	-	0.97	-
Other Intangible Assets	2.41	1.62	0.58	0.7	7.11
Long-Term Deferred Tax Assets	0.02	0.02	0.02	0.01	0.04
Long-Term Deferred Charges	13.94	12.76	11.4	9.58	-
Other Long-Term Assets	18.35	10.44	13.93	44.65	0.03
Total Assets	141.33	143.24	141.41	107.81	62.14

Liabilities

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	17.16	7.55	5.53	11.19	6.39
Accrued Expenses	1.18	2.38	1.7	2.1	1.16
Short-Term Debt	7.16	-	0.12	0.12	0.7
Current Portion of Long-Term Debt	1.38	4.7	0.89	0.75	0.49
Current Portion of Leases	0.18	0.17	0.13	0.12	0.15
Current Income Taxes Payable	-	0.79	-	0.01	0.01
Current Unearned Revenue	10.63	-	-	-	0.12
Other Current Liabilities	16.1	24.35	10.37	1.79	1.38
Total Current Liabilities	53.79	39.94	18.74	16.07	10.4
Long-Term Debt	32.48	32.4	36.95	2.37	2.71
Long-Term Leases	0.74	0.46	0.58	0.47	0.58
Long-Term Unearned Revenue	-	-	-	-	1.43
Other Long-Term Liabilities	5.08	4.01	4.87	2.45	0.51
Total Liabilities	92.1	76.81	61.14	21.36	15.62

Shareholders' Equity

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	32.07	29.07	27.2	27.2	24.41
Retained Earnings	-88.46	-56.3	-35.56	-28.4	-15.42
Comprehensive Income & Other	105.62	93.65	88.63	87.66	37.53
Shareholders' Equity	49.23	66.43	80.27	86.45	46.52
Total Liabilities & Equity	141.33	143.24	141.41	107.81	62.14

Additional Metrics

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	41.94	37.73	38.67	3.83	4.62
Net Cash (Debt)	-31.97	-33.16	-24.08	1.24	14.98
Net Cash Growth	-	-	-	-91.70%	601.53%
Net Cash Per Share	-1.07	-1.20	-0.89	0.05	0.65
Filing Date Shares Outstanding	32.07	29.07	27.2	27.2	24.41
Total Common Shares Outstanding	32.07	29.07	27.2	27.2	24.41
Working Capital	-17.05	16.35	36.03	11.51	19.52
Book Value Per Share	1.54	2.28	2.95	3.18	1.91
Tangible Book Value	46.83	64.81	79.69	85.76	39.41
Tangible Book Value Per Share	1.46	2.23	2.93	3.15	1.61
Land	60.02	57.04	57.01	20.34	5.68
Machinery	18.23	10.78	6.4	4.73	2.49
Order Backlog	45	-	-	-	-

Data Source: S&P Global Market Intelligence Last updated: Dec 31, 2025

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

Update frequency:

Semi-annually

Last checked:

Sep 3, 2026

Data Sources Report a data error