Thule Group AB (publ) (FRA:TU0)

Thule Group AB Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	761	405	94	176	149	706
Cash & Short-Term Investments	761	405	94	176	149	706
Cash Growth	-11.20%	330.85%	-46.59%	18.12%	-78.90%	163.43%
Accounts Receivable	934	764	706	752	894	777
Other Receivables	355	162	371	209	211	179
Receivables	1,289	926	1,077	961	1,105	956
Inventory	1,667	2,155	2,300	3,129	2,510	1,068
Prepaid Expenses	149	106	199	79	59	40
Other Current Assets	-	-	-1	-	-	-
Total Current Assets	3,866	3,592	3,669	4,345	3,823	2,770
Property, Plant & Equipment	2,355	2,339	2,122	2,007	1,479	1,033
Goodwill	6,805	7,417	4,857	4,962	4,518	4,256
Other Intangible Assets	1,093	1,234	30	37	38	40
Long-Term Deferred Tax Assets	344	359	281	320	326	342
Other Long-Term Assets	15	16	7	8	8	7
Total Assets	14,478	14,957	10,966	11,679	10,192	8,448
Accounts Payable	605	746	649	576	1,057	660
Accrued Expenses	589	245	224	283	308	227
Short-Term Debt	89	1	3	-	-	-
Current Portion of Long-Term Debt	6	2	34	28	14	34
Current Portion of Leases	-	74	99	79	66	53
Current Income Taxes Payable	108	51	78	114	165	145
Other Current Liabilities	634	564	388	513	593	484
Total Current Liabilities	2,031	1,683	1,475	1,593	2,203	1,603
Long-Term Debt	4,066	4,151	1,910	2,813	1,425	911
Long-Term Leases	183	150	128	170	134	149
Pension & Post-Retirement Benefits	220	212	205	156	244	224
Long-Term Deferred Tax Liabilities	659	666	399	393	370	309
Other Long-Term Liabilities	-	-	-	1	1	-1
Total Liabilities	7,159	6,862	4,117	5,126	4,377	3,195
Common Stock	7,319	1	1	1	1	1
Additional Paid-In Capital	-	3,690	2,923	2,644	2,648	2,649
Retained Earnings	-	3,326	3,206	3,107	3,114	2,953
Comprehensive Income & Other	-	1,078	719	801	52	-350
Shareholders' Equity	7,319	8,095	6,849	6,553	5,815	5,253
Total Liabilities & Equity	14,478	14,957	10,966	11,679	10,192	8,448
Total Debt	4,344	4,378	2,174	3,090	1,639	1,147
Net Cash (Debt)	-3,583	-3,973	-2,080	-2,914	-1,490	-441
Net Cash Per Share	-33.34	-37.51	-19.76	-27.71	-14.11	-4.24
Filing Date Shares Outstanding	107.84	107.84	105.73	104.56	104.56	104.56
Total Common Shares Outstanding	107.84	107.84	105.73	104.56	104.56	104.56
Working Capital	1,835	1,909	2,194	2,752	1,620	1,167
Book Value Per Share	67.87	75.07	64.78	62.67	55.61	50.24
Tangible Book Value	-579	-556	1,962	1,554	1,259	957
Tangible Book Value Per Share	-5.37	-5.16	18.56	14.86	12.04	9.15
Buildings	-	1,393	1,306	1,248	916	635
Machinery	-	1,865	1,527	1,328	1,034	867
Construction In Progress	-	152	167	198	202	127

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