Karnov 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	931.8	402.8	450.6	671.2	951.47
Cash & Short-Term Investments	931.8	402.8	450.6	671.2	951.47
Cash Growth	131.33%	-10.61%	-32.87%	-29.46%	72.08%
Accounts Receivable	375.5	450.7	411.9	405.2	197.37
Other Receivables	144.6	92.1	37.2	45.7	11.32
Receivables	520.1	542.8	449.1	450.9	208.7
Inventory	18.3	18.8	18.7	20.5	11.67
Prepaid Expenses	53.5	69.1	57.5	40.3	8.83
Other Current Assets	-	-	-	5.9	4.44
Total Current Assets	1,524	1,034	975.9	1,189	1,185
Property, Plant & Equipment	214.6	198.8	242.3	282.1	102.19
Long-Term Investments	34.6	51.3	61.8	54.3	62.22
Goodwill	3,370	3,618	3,251	3,250	1,912
Other Intangible Assets	2,030	1,943	1,873	2,391	1,242
Long-Term Deferred Tax Assets	175.4	184.4	135.4	122.5	-
Long-Term Deferred Charges	-	421.3	360	-	-
Other Long-Term Assets	14.4	13.1	7.7	12.2	2.77
Total Assets	7,385	7,489	6,933	7,326	4,522
Accounts Payable	93.2	111.9	111.3	137.6	25.67
Accrued Expenses	377.6	534.5	566.2	574.1	223.73
Current Portion of Long-Term Debt	135.2	114.9	83.2	-	-
Current Portion of Leases	46.2	52.5	52.8	52.5	12.48
Current Income Taxes Payable	62.7	36	30	20.5	12.92
Current Unearned Revenue	902.2	985.2	921.7	902.6	519.86
Other Current Liabilities	148.1	114.9	54.9	53	42.95
Total Current Liabilities	1,765	1,950	1,820	1,740	837.6
Long-Term Debt	1,830	2,571	2,123	2,483	1,210
Long-Term Leases	156.6	131.9	179.1	214.4	86.92
Pension & Post-Retirement Benefits	-	51.5	47.7	46.2	-
Long-Term Deferred Tax Liabilities	259.5	320.6	342.3	413.1	164.4
Other Long-Term Liabilities	128.7	90.8	83.2	102.6	69.31
Total Liabilities	4,140	5,116	4,595	5,000	2,368
Common Stock	1.7	1.7	1.7	1.7	1.66
Additional Paid-In Capital	2,654	2,654	2,654	2,654	2,655
Retained Earnings	893	-89.2	-65.2	-109.1	-170.95
Treasury Stock	-	-	-	-	-0.01
Comprehensive Income & Other	-303.5	-193	-253.4	-226.8	-338.02
Total Common Equity	3,245	2,374	2,337	2,320	2,148
Minority Interest	-	-	-	6.5	6.53
Shareholders' Equity	3,245	2,374	2,337	2,326	2,154
Total Liabilities & Equity	7,385	7,489	6,933	7,326	4,522
Total Debt	2,168	2,870	2,438	2,750	1,309
Net Cash (Debt)	-1,236	-2,467	-1,988	-2,079	-357.56
Net Cash Per Share	-11.43	-22.82	-18.39	-19.23	-3.64
Filing Date Shares Outstanding	107.88	107.88	107.88	107.85	107.68
Total Common Shares Outstanding	107.88	107.88	107.88	107.85	107.68
Working Capital	-241.5	-916.4	-844.2	-551.5	347.5
Book Value Per Share	30.08	22.00	21.66	21.51	19.94
Tangible Book Value	-2,155	-3,187	-2,787	-3,321	-1,007
Tangible Book Value Per Share	-19.98	-29.54	-25.84	-30.79	-9.35
Land	-	8	7.7	7.7	-
Machinery	-	42.5	38.4	42.8	25.53
Construction In Progress	-	-	1.3	3.6	-
Leasehold Improvements	-	26.8	23.7	22.2	7.58

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