Cadeler A/S (OSL:CADLR)
Norway · Delayed Price · Currency is NOK 59.70
+0.15 (0.25%)
Sep 11, 2026, 4:28 PM CET
Cadeler Balance Sheet
Financials in millions EUR. Fiscal year is January - December.
Millions EUR. Fiscal year is Jan - Dec.
Assets
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 | 206.19 | 151.68 | 51.25 | 96.61 | 19.01 | 2.31 |
Cash & Short-Term Investments | 206.19 | 151.68 | 51.25 | 96.61 | 19.01 | 2.31 |
Cash Growth | 288.82% | 195.94% | -46.95% | 408.14% | 723.74% | -96.37% |
Accounts Receivable | 217.56 | 199.66 | 89.29 | 36.27 | 37.63 | 19.27 |
Other Receivables | - | 21.3 | 11.31 | 3.17 | 0.61 | 1.11 |
Receivables | 217.56 | 220.95 | 100.6 | 39.44 | 38.25 | 20.37 |
Inventory | 4.16 | 3.54 | 1.04 | 1.84 | 0.55 | 0.44 |
Prepaid Expenses | 17.93 | 13.52 | 16.64 | 9.56 | 1.7 | 1.5 |
Other Current Assets | 4.13 | 0.26 | 11.88 | - | - | - |
Total Current Assets | 449.98 | 389.96 | 181.41 | 147.45 | 59.51 | 24.62 |
Property, Plant & Equipment | 3,018 | 2,950 | 1,723 | 1,087 | 606.49 | 399.55 |
Long-Term Investments | 3.03 | - | - | 0.34 | 3.01 | - |
Goodwill | - | 17.76 | 17.76 | 16.71 | - | - |
Other Intangible Assets | 19.35 | 1.67 | 0.43 | 0.24 | 0.42 | 0.4 |
Other Long-Term Assets | 53.97 | 57.63 | 14.82 | 1.22 | 0.6 | 0.2 |
Total Assets | 3,544 | 3,417 | 1,937 | 1,253 | 670.03 | 424.77 |
Liabilities
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Accounts Payable | 69.41 | 22.39 | 11.58 | 8.4 | 3.98 | 2.8 |
Current Portion of Long-Term Debt | 133.36 | 116.13 | 31.16 | 0.8 | 0.77 | 28.6 |
Current Portion of Leases | 1.9 | 1.06 | 1.27 | 0.6 | 0.28 | 0.3 |
Current Income Taxes Payable | 0.39 | 3.64 | 0.75 | 1.22 | 0.01 | 0.01 |
Current Unearned Revenue | 71.78 | 128.72 | 45.59 | 12.1 | 1.83 | 15.19 |
Other Current Liabilities | 0.44 | 79.15 | 33.29 | 30.49 | 4.93 | 6.97 |
Total Current Liabilities | 277.28 | 351.08 | 123.65 | 53.62 | 11.8 | 53.86 |
Long-Term Debt | 1,465 | 1,495 | 539.85 | 204.77 | 114.52 | 44.48 |
Long-Term Leases | 10.8 | 12.48 | 9.7 | 0.39 | - | 0.21 |
Long-Term Unearned Revenue | 5.04 | 30.9 | 1.75 | 1.78 | 1.33 | 0.97 |
Long-Term Deferred Tax Liabilities | 12.57 | 13.26 | 11.97 | 10.19 | - | - |
Other Long-Term Liabilities | - | 10.65 | 16.21 | 22.77 | 1.82 | - |
Total Liabilities | 1,770 | 1,913 | 703.12 | 293.52 | 129.46 | 99.51 |
Shareholders' Equity
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Common Stock | 51.84 | 47.14 | 47.14 | 41.84 | 26.58 | 18.64 |
Additional Paid-In Capital | 1,265 | 1,099 | 1,099 | 952.86 | 509.54 | 339.4 |
Retained Earnings | 430.92 | 341.61 | 59.36 | -7.37 | 3.11 | -32.79 |
Treasury Stock | -3.52 | -3 | -1.28 | - | - | - |
Comprehensive Income & Other | 29.22 | 18.42 | 29.18 | -28.28 | 1.34 | - |
Shareholders' Equity | 1,774 | 1,504 | 1,234 | 959.04 | 540.57 | 325.26 |
Total Liabilities & Equity | 3,544 | 3,417 | 1,937 | 1,253 | 670.03 | 424.77 |
Additional Metrics
Fiscal Year | TTM | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 |
|---|---|---|---|---|---|---|
Period Ending | Jun '26 Jun 30, 2026 | 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 |
Total Debt | 1,611 | 1,624 | 581.99 | 206.57 | 115.57 | 73.58 |
Net Cash (Debt) | -1,405 | -1,473 | -530.74 | -109.96 | -96.56 | -71.27 |
Net Cash Growth | - | - | - | - | - | - |
Net Cash Per Share | -3.83 | -4.15 | -1.53 | -0.54 | -0.59 | -0.54 |
Filing Date Shares Outstanding | 385.88 | 350.87 | 350.74 | 311.41 | 197.6 | 138.57 |
Total Common Shares Outstanding | 385.88 | 350.87 | 350.74 | 311.41 | 197.6 | 138.57 |
Working Capital | 172.7 | 38.87 | 57.76 | 93.84 | 47.71 | -29.24 |
Book Value Per Share | 4.60 | 4.29 | 3.52 | 3.08 | 2.74 | 2.35 |
Tangible Book Value | 1,754 | 1,484 | 1,216 | 942.09 | 540.15 | 324.85 |
Tangible Book Value Per Share | 4.55 | 4.23 | 3.47 | 3.03 | 2.73 | 2.34 |
Machinery | 2,956 | 2,555 | 1,088 | 576.47 | 292.08 | 260.67 |
Construction In Progress | 352.89 | 600.08 | 736.61 | 571.75 | 356.16 | 158.73 |
Order Backlog | - | 2,765 | 2,336 | 1,735 | 905 | 409 |