Solteq Oyj (HEL:SOLTEQ)

Solteq Oyj Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1.82	1.3	3.28	1.85	2.06	3.59
Cash & Short-Term Investments	1.82	1.3	3.28	1.85	2.06	3.59
Cash Growth	12.80%	-60.35%	77.06%	-9.92%	-42.67%	-26.43%
Accounts Receivable	6.92	5.36	5.15	9.76	11.07	11.71
Other Receivables	0.11	1.01	1.04	-	-	-
Receivables	7.02	6.37	6.19	9.76	11.07	11.71
Inventory	0	0.01	0.03	0.06	0.13	0.21
Other Current Assets	-0	-0	-	-0	-	-
Total Current Assets	8.84	7.68	9.5	11.67	13.26	15.5
Property, Plant & Equipment	1.22	1.52	1.73	1.81	3.37	5.2
Long-Term Investments	0.58	0.58	0.44	0.44	0.44	0.44
Goodwill	38.56	38.56	38.57	40.56	46.49	42.33
Other Intangible Assets	0.15	0.2	0.53	1.24	7.73	7.41
Long-Term Accounts Receivable	-	-	0.35	0.26	0.27	0.12
Long-Term Deferred Tax Assets	1.67	1.31	0.67	0.77	1.38	0.08
Other Long-Term Assets	0.11	0.21	0.24	-	1.39	4.74
Total Assets	51.13	50.07	52.04	56.74	74.34	75.81

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	2.4	2.44	2.65	3.35	3.92	5.04
Accrued Expenses	-	5.56	5.63	6.31	8.61	7.51
Current Portion of Long-Term Debt	24.95	22.95	1.08	24.15	5.93	-
Current Portion of Leases	0.91	0.9	0.91	1.56	1.67	1.98
Current Income Taxes Payable	0.02	0.02	0.34	0.19	-	-
Current Unearned Revenue	-	0.21	0.45	0.13	-	-
Other Current Liabilities	9.36	2.54	2.93	3.06	5.03	5.12
Total Current Liabilities	37.64	34.61	14	38.75	25.16	19.64
Long-Term Debt	-	0.08	20.9	0.25	24.18	24.22
Long-Term Leases	0.39	0.68	0.86	0.41	1.69	3.33
Long-Term Deferred Tax Liabilities	-	-	0.06	0.12	0.76	0.61
Other Long-Term Liabilities	-	-0	0.28	-	0	0
Total Liabilities	38.02	35.38	36.09	39.52	51.8	47.8

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1.01	1.01	1.01	1.01	1.01	1.01
Additional Paid-In Capital	0.08	0.08	0.08	0.08	0.08	0.08
Retained Earnings	-1.1	0.45	1.81	3.02	8.4	13.8
Comprehensive Income & Other	13.12	13.16	13.05	13.11	13.06	13.12
Shareholders' Equity	13.11	14.69	15.95	17.22	22.54	28
Total Liabilities & Equity	51.13	50.07	52.04	56.74	74.34	75.81

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	26.24	24.61	23.74	26.36	33.47	29.52
Net Cash (Debt)	-24.43	-23.31	-20.46	-24.5	-31.42	-25.94
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-1.43	-1.20	-1.05	-1.26	-1.62	-1.34
Filing Date Shares Outstanding	19.4	19.4	19.4	19.4	19.4	19.4
Total Common Shares Outstanding	19.4	19.4	19.4	19.4	19.4	19.4
Working Capital	-28.8	-26.93	-4.49	-27.07	-11.91	-4.14
Book Value Per Share	0.68	0.76	0.82	0.89	1.16	1.44
Tangible Book Value	-25.6	-24.07	-23.15	-24.57	-31.69	-21.73
Tangible Book Value Per Share	-1.32	-1.24	-1.19	-1.27	-1.63	-1.12
Machinery	-	1.2	2.48	2.46	2.48	2.57

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

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

Update frequency:

Quarterly

Last checked:

Aug 27, 2026

Data Sources Report a data error