PolarCool AB (publ) (NGM:POLAR)

PolarCool 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	1.62	7.38	1.63	1.53	4.35	8.87
Cash & Short-Term Investments	1.62	7.38	1.63	1.53	4.35	8.87
Cash Growth	-83.82%	352.11%	6.73%	-64.85%	-50.93%	9112.11%
Accounts Receivable	0.47	0.49	0.38	0.11	0.08	0.05
Other Receivables	0.1	0.29	0.21	0.43	1.45	0.8
Receivables	0.57	0.79	0.59	0.54	1.53	0.85
Inventory	0.53	0.17	0.2	0.37	0.07	0.05
Prepaid Expenses	0.27	0.33	0.23	0.36	0.11	0.15
Other Current Assets	-0	0.04	0.04	0.02	0.12	0.18
Total Current Assets	2.99	8.7	2.69	2.82	6.18	10.09
Property, Plant & Equipment	4.66	3.22	3.01	3.63	4.2	1.82
Other Intangible Assets	0.32	0.4	0.51	0.63	0.74	0.79
Long-Term Deferred Charges	2.55	2.84	3.82	4.8	5.78	6.56
Other Long-Term Assets	0.28	-	-	0	-	-
Total Assets	10.79	15.16	10.03	11.87	16.89	19.25
Accounts Payable	0.58	0.5	2.36	1.37	0.39	1.56
Accrued Expenses	3.05	2.04	1.71	1.17	0.84	0.66
Current Unearned Revenue	-	-	-	0.65	0.49	0.31
Other Current Liabilities	0.13	0.15	1.5	1.17	1.98	1.44
Total Current Liabilities	3.75	2.69	5.58	4.36	3.71	3.97
Long-Term Debt	-	-	-	1.5	-	-
Total Liabilities	3.75	2.69	5.58	5.86	3.71	3.97
Common Stock	12.59	9.42	6.56	2.74	2.24	1.9
Additional Paid-In Capital	50.7	47.55	40.47	37.3	32.82	28.15
Retained Earnings	-56.25	-44.5	-42.58	-34.02	-21.87	-14.77
Comprehensive Income & Other	0	-	0	-	-	-
Shareholders' Equity	7.04	12.47	4.45	6.01	13.18	15.28
Total Liabilities & Equity	10.79	15.16	10.03	11.87	16.89	19.25
Total Debt	-	-	-	1.5	-	-
Net Cash (Debt)	1.62	7.38	1.63	0.03	4.35	8.87
Net Cash Growth	-83.82%	352.11%	5461.14%	-99.33%	-50.93%	9112.11%
Net Cash Per Share	0.29	4.35	16.57	0.77	151.84	640.95
Filing Date Shares Outstanding	5.6	4.19	0.18	0.04	0.03	0.03
Total Common Shares Outstanding	5.6	4.19	0.18	0.04	0.03	0.03
Working Capital	-0.77	6.01	-2.89	-1.54	2.47	6.12
Book Value Per Share	1.26	2.98	24.44	146.79	393.44	537.23
Tangible Book Value	6.73	12.07	3.94	5.39	12.44	14.5
Tangible Book Value Per Share	1.20	2.88	21.63	131.53	371.42	509.54
Machinery	-	6.35	6.35	5.85	5.35	2.48
Construction In Progress	-	1.32	-	-	-	-

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