Cadeler A/S (OSL: CADLR)

Cadeler Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	91.85	96.61	19.01	2.31	63.64	1.24
Cash & Short-Term Investments	91.85	96.61	19.01	2.31	63.64	1.24
Cash Growth	-	408.14%	723.74%	-96.37%	5019.55%	-64.13%
Accounts Receivable	76.88	36.27	37.63	19.27	6.95	14.88
Other Receivables	-	3.17	0.61	1.11	12.45	1.54
Receivables	76.88	39.44	38.25	20.37	19.4	16.43
Inventory	1.35	1.84	0.55	0.44	0.31	0.26
Prepaid Expenses	15.63	9.56	1.7	1.5	0.18	0.09
Other Current Assets	-	-	-	-	0.01	-
Total Current Assets	185.71	147.45	59.51	24.62	83.54	18.02
Property, Plant & Equipment	1,623	1,087	606.49	399.55	253.07	92.94
Long-Term Investments	-	-	3.38	-	-	-
Goodwill	-	16.71	-	-	-	-
Other Intangible Assets	16.72	0.24	0.42	0.4	-	-
Other Long-Term Assets	1.74	1.56	0.24	0.2	0.2	0.21
Total Assets	1,828	1,253	670.03	424.77	336.81	111.17
Accounts Payable	37.75	8.4	3.98	2.8	4.37	1.3
Accrued Expenses	-	-	-	-	5.38	-
Short-Term Debt	-	-	-	-	-	10.85
Current Portion of Long-Term Debt	32.57	0.8	0.77	28.6	9.63	-
Current Portion of Leases	1.16	0.6	0.28	0.3	0.29	15.52
Current Income Taxes Payable	0.37	1.22	0.01	0.01	-	1.63
Current Unearned Revenue	22.76	12.1	1.83	15.19	3.07	-
Other Current Liabilities	7.36	30.49	4.93	6.97	2.9	1.92
Total Current Liabilities	101.96	53.62	11.8	53.86	25.63	31.23
Long-Term Debt	546.75	204.77	114.23	44.48	63.87	-
Long-Term Leases	9.61	0.39	-	0.21	0.51	87.95
Long-Term Unearned Revenue	7.47	1.78	1.33	0.97	5.74	4.96
Long-Term Deferred Tax Liabilities	10.79	10.19	-	-	-	-
Other Long-Term Liabilities	18.6	22.77	2.11	-	-	0.13
Total Liabilities	695.17	293.52	129.46	99.51	95.75	124.27
Common Stock	47.14	41.84	26.58	18.64	15.56	0.1
Additional Paid-In Capital	1,099	952.86	509.54	339.4	265.74	-
Retained Earnings	21.61	-7.37	3.11	-32.79	-40.24	-13.2
Comprehensive Income & Other	-34.57	-28.28	1.34	-	-	-
Shareholders' Equity	1,132	959.04	540.57	325.26	241.06	-13.1
Total Liabilities & Equity	1,828	1,253	670.03	424.77	336.81	111.17
Total Debt	590.09	206.57	115.28	73.58	74.29	114.32
Net Cash (Debt)	-498.23	-109.96	-96.27	-71.27	-10.66	-113.07
Net Cash Per Share	-1.59	-0.54	-0.59	-0.54	-0.41	-144.97
Filing Date Shares Outstanding	360.78	311.41	197.6	138.57	115.57	0.78
Total Common Shares Outstanding	360.78	311.41	197.6	138.57	115.57	0.78
Working Capital	83.75	93.84	47.71	-29.24	57.91	-13.21
Book Value Per Share	3.14	3.08	2.74	2.35	2.09	-16.79
Tangible Book Value	1,116	942.09	540.15	324.85	241.06	-13.1
Tangible Book Value Per Share	3.09	3.03	2.73	2.34	2.09	-16.79
Machinery	-	576.47	292.08	260.67	256.46	0.32
Construction In Progress	-	571.75	356.16	158.73	-	-
Order Backlog	-	1,557	780	409	310	-

Source: S&P Capital IQ. Standard template. Financial Sources.