Solwers Oyj (HEL:SOLWERS)

Solwers Oyj Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.63	15.95	18.48	12.64	6.1
Short-Term Investments	-	-	0.33	0.33	0.31
Trading Asset Securities	0.68	0.89	-	-	-
Cash & Short-Term Investments	12.31	16.84	18.82	12.97	6.41
Cash Growth	-26.89%	-10.51%	45.03%	102.34%	39.21%
Accounts Receivable	11.83	10.9	9.32	8.72	6.59
Other Receivables	1.35	0.37	4.32	4.27	2.73
Receivables	13.18	11.27	13.65	12.99	9.31
Inventory	0.55	0.15	0.17	0.16	0.26
Prepaid Expenses	5.28	4.08	-	-	-
Total Current Assets	31.32	32.33	33.57	26.77	16.1
Property, Plant & Equipment	7.38	7.3	5.65	5.85	4.82
Long-Term Investments	2.23	1.89	1.89	1.9	1.57
Goodwill	46.9	42	37.84	33.51	16.6
Other Intangible Assets	1.91	0.1	0.17	0.91	0.4
Long-Term Deferred Tax Assets	2.03	1.23	0.04	-	0.06
Long-Term Deferred Charges	1.12	0.89	1.12	-	-
Other Long-Term Assets	0.31	0.31	0.31	0.26	0.21
Total Assets	94.1	87.05	81.68	70.35	40.02
Accounts Payable	2.98	1.91	1.89	1.85	1.29
Accrued Expenses	7.3	6.74	5.97	4.55	3.23
Current Portion of Long-Term Debt	2.08	2.14	1.67	1.73	2.22
Current Portion of Leases	2.95	2.55	1.77	2.08	1.48
Current Income Taxes Payable	0.06	0.27	-	0.13	0.35
Other Current Liabilities	13.58	4.24	4.09	7.69	4.53
Total Current Liabilities	28.95	17.84	15.52	18.14	13.17
Long-Term Debt	19.61	18.1	18.18	14.12	11.21
Long-Term Leases	3.16	3.45	2.28	2.24	1.81
Long-Term Deferred Tax Liabilities	0.97	0.46	0.32	0.13	0.06
Other Long-Term Liabilities	0.53	6.8	7.22	3.81	1.02
Total Liabilities	53.22	46.64	43.52	38.45	27.28
Common Stock	1	1	1	1	1
Additional Paid-In Capital	0.02	0.02	0.02	0.02	0.02
Retained Earnings	2.25	2.46	0.49	-0.89	3.26
Comprehensive Income & Other	37.42	36.38	35.99	31.13	6.17
Total Common Equity	40.69	39.86	37.5	31.26	10.45
Minority Interest	0.18	0.55	0.65	0.65	2.29
Shareholders' Equity	40.87	40.41	38.16	31.91	12.74
Total Liabilities & Equity	94.1	87.05	81.68	70.35	40.02
Total Debt	27.8	26.24	23.9	20.17	16.72
Net Cash (Debt)	-15.49	-9.4	-5.08	-7.19	-10.31
Net Cash Per Share	-1.54	-0.95	-0.57	-0.99	-2.37
Filing Date Shares Outstanding	10.17	9.92	9.83	8.76	6.08
Total Common Shares Outstanding	10.17	9.92	9.83	8.58	4.54
Working Capital	2.37	14.49	18.05	8.64	2.93
Book Value Per Share	4.00	4.02	3.81	3.64	2.30
Tangible Book Value	-8.12	-2.23	-0.5	-3.16	-6.54
Tangible Book Value Per Share	-0.80	-0.23	-0.05	-0.37	-1.44
Machinery	2.58	2.21	-	-	-

Updated Feb 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.