VBG Group AB 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	1,109	949.66	885.95	498.85	667.45
Short-Term Investments	-	14.05	11.78	-	-
Cash & Short-Term Investments	1,109	963.71	897.73	498.85	667.45
Cash Growth	15.05%	7.35%	79.96%	-25.26%	-25.80%
Accounts Receivable	783.2	738.26	826.38	673.09	524.09
Other Receivables	204	212.62	140.69	144.18	79.34
Receivables	987.2	950.89	967.07	817.26	603.42
Inventory	896	957.82	1,039	1,111	819.33
Prepaid Expenses	51.7	43.1	34.51	24.34	15.83
Other Current Assets	0.4	-	-	-	3.97
Total Current Assets	3,044	2,916	2,938	2,451	2,110
Property, Plant & Equipment	1,405	1,299	772.58	888.93	486.63
Goodwill	1,640	1,323	1,291	1,227	1,170
Other Intangible Assets	935.9	910.73	939.37	821.06	839.22
Long-Term Deferred Tax Assets	48.9	73.87	27.47	24.28	57.87
Other Long-Term Assets	3	2.53	0.92	-	-
Total Assets	7,078	6,525	5,970	5,412	4,664
Accounts Payable	239.2	240.3	322.49	323.28	225.69
Accrued Expenses	263.7	186.12	189.98	167.61	129.77
Current Portion of Leases	60.1	60.7	55.25	49.06	22.63
Current Income Taxes Payable	59	79.65	95.51	49.76	16.09
Other Current Liabilities	47.2	84.67	76.91	64.7	76.56
Total Current Liabilities	669.2	651.44	740.13	654.4	470.74
Long-Term Debt	1,505	861.99	730.48	576.02	752.46
Long-Term Leases	186.9	232.02	238.38	398.95	95.82
Pension & Post-Retirement Benefits	203.6	223.58	202.1	196.89	252.09
Long-Term Deferred Tax Liabilities	302.4	302.75	231.44	213.38	240.16
Other Long-Term Liabilities	245.5	120.03	151.54	84.09	58.73
Total Liabilities	3,112	2,392	2,294	2,124	1,870
Common Stock	65.5	65.49	65.49	65.49	65.49
Additional Paid-In Capital	781.3	781.32	781.32	781.32	781.32
Retained Earnings	3,118	2,979	2,580	2,153	1,859
Comprehensive Income & Other	-	306.87	248.88	288.02	87.41
Shareholders' Equity	3,965	4,133	3,676	3,288	2,794
Total Liabilities & Equity	7,078	6,525	5,970	5,412	4,664
Total Debt	1,752	1,155	1,024	1,024	870.9
Net Cash (Debt)	-643	-191	-126.38	-525.19	-203.45
Net Cash Per Share	-25.72	-7.64	-5.05	-21.00	-8.14
Filing Date Shares Outstanding	25	25	25	25	25
Total Common Shares Outstanding	25	25	25	25	25
Working Capital	2,375	2,264	2,198	1,797	1,639
Book Value Per Share	158.58	165.28	147.02	131.51	111.72
Tangible Book Value	1,389	1,899	1,445	1,240	784.51
Tangible Book Value Per Share	55.55	75.95	57.80	49.61	31.38
Buildings	-	827.34	367.09	300.31	275.54
Machinery	-	788.44	679.34	616.3	515.18
Construction In Progress	-	45	14.93	29.63	8.3

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