Sýn hf. (ICE:SYN)

Sýn hf. Balance Sheet

Financials in millions ISK. 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	154	264	624	2,063	4,214	831
Cash & Short-Term Investments	154	264	624	2,063	4,214	831
Cash Growth	-37.90%	-57.69%	-69.75%	-51.04%	407.10%	31.07%
Accounts Receivable	3,689	3,285	5,243	3,249	3,256	2,870
Other Receivables	-	354	333	401	2,041	347
Receivables	3,689	3,639	5,576	3,650	5,297	3,217
Inventory	260	347	628	559	356	241
Other Current Assets	4,225	2,426	2,009	2,373	1,762	2,412
Total Current Assets	8,328	6,676	8,837	8,645	11,629	6,701
Property, Plant & Equipment	8,936	11,021	11,710	11,486	11,261	9,045
Long-Term Investments	85	85	174	185	62	1,398
Goodwill	7,818	7,818	9,097	8,906	8,888	8,932
Other Intangible Assets	4,674	5,252	4,976	4,389	4,469	4,403
Long-Term Accounts Receivable	108	127	141	157	166	-
Long-Term Deferred Tax Assets	-	71	-	158	26	383
Other Long-Term Assets	270	-	-	-1	-	-
Total Assets	30,219	31,050	34,935	33,925	36,501	30,862
Accounts Payable	3,688	2,129	3,260	4,241	3,867	3,599
Accrued Expenses	-	1,160	1,424	1,367	3,128	1,947
Current Portion of Long-Term Debt	2,823	2,255	1,779	373	723	992
Current Portion of Leases	594	642	1,016	1,295	1,206	1,259
Current Unearned Revenue	-	471	591	560	485	153
Other Current Liabilities	1	-	-1	-	-	182
Total Current Liabilities	7,106	6,657	8,069	7,836	9,409	8,132
Long-Term Debt	3,875	4,126	4,461	4,801	4,965	9,492
Long-Term Leases	11,320	11,615	11,964	11,820	11,393	4,507
Long-Term Deferred Tax Liabilities	-	-	152	-	19	16
Other Long-Term Liabilities	-1	-	1	-1	180	166
Total Liabilities	22,300	22,398	24,647	24,456	25,966	22,313
Common Stock	2,476	2,476	2,493	2,668	2,964	2,964
Additional Paid-In Capital	542	542	602	-	-	-
Retained Earnings	4,129	5,630	7,146	6,672	7,502	5,275
Comprehensive Income & Other	772	4	47	129	69	310
Shareholders' Equity	7,919	8,652	10,288	9,469	10,535	8,549
Total Liabilities & Equity	30,219	31,050	34,935	33,925	36,501	30,862
Total Debt	18,612	18,638	19,220	18,289	18,287	16,250
Net Cash (Debt)	-18,458	-18,374	-18,596	-16,226	-14,073	-15,419
Net Cash Per Share	-67.35	-73.83	-74.07	-60.30	-47.58	-53.30
Filing Date Shares Outstanding	248.96	247.65	249.3	266.8	296.4	296.4
Total Common Shares Outstanding	248.96	247.65	249.3	266.8	296.4	296.4
Working Capital	1,222	19	768	809	2,220	-1,431
Book Value Per Share	31.81	34.94	41.27	35.49	35.54	28.84
Tangible Book Value	-4,573	-4,418	-3,785	-3,826	-2,822	-4,786
Tangible Book Value Per Share	-18.37	-17.84	-15.18	-14.34	-9.52	-16.15
Machinery	-	13,341	12,610	12,012	11,573	11,476

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.