ADDvise Group AB (publ) (STO:ADDV.B)

ADDvise Group 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	276.6	232.5	386.5	111.1	325.74	39.61
Short-Term Investments	-	123.2	-	-	-	-
Cash & Short-Term Investments	276.6	355.7	386.5	111.1	325.74	39.61
Cash Growth	-15.82%	-7.97%	247.88%	-65.89%	722.44%	198.71%
Accounts Receivable	331.1	362.7	271.9	296.5	145.18	45.66
Other Receivables	37.8	15.4	29.4	22.4	4.59	3.38
Receivables	368.9	378.1	301.3	318.9	149.77	49.04
Inventory	119.1	131.4	121.2	102.5	66.54	33.42
Prepaid Expenses	-	28.1	18.3	12.7	7.04	2.07
Other Current Assets	-0.1	0.1	-	-	-	-
Total Current Assets	764.5	893.4	827.3	545.2	549.08	124.14
Property, Plant & Equipment	194.4	207.2	195.9	126.8	65.07	15.94
Long-Term Investments	3.6	4	16.3	-	-	-
Goodwill	1,466	1,580	1,487	820.8	288.56	156.32
Other Intangible Assets	687.2	741.9	746.2	435.7	132.18	23.14
Long-Term Accounts Receivable	18.8	20.5	14.4	12.9	14.12	-
Long-Term Deferred Tax Assets	-	-	-	-	-	7.12
Long-Term Deferred Charges	-	-	-	25.6	20.2	18.95
Other Long-Term Assets	0.1	-0.1	-	1.8	0.23	0.13
Total Assets	3,134	3,447	3,287	1,969	1,069	345.74
Accounts Payable	101.1	119.6	100.6	114.2	60.33	29.07
Accrued Expenses	-	53	72.8	49.7	23.03	13.03
Short-Term Debt	-	-	-	0.8	13.27	34.44
Current Portion of Long-Term Debt	31.6	29.9	65.5	5.9	7.14	11.5
Current Portion of Leases	24.6	24.8	24.5	26.8	8.64	4.99
Current Income Taxes Payable	19.1	20.5	30.7	26.1	9.8	2.15
Current Unearned Revenue	30.5	37.6	12.9	64.6	13.61	1.3
Other Current Liabilities	305.6	325.5	386.8	111.6	38.48	15.77
Total Current Liabilities	512.5	610.9	693.8	399.7	174.3	112.25
Long-Term Debt	1,616	1,673	1,457	694.5	488.65	135.34
Long-Term Leases	58.7	62.3	66.6	49.8	36.5	7.11
Long-Term Unearned Revenue	-	0.4	0.3	0.4	-	-
Long-Term Deferred Tax Liabilities	160	169.8	168	104.3	14.7	-
Other Long-Term Liabilities	31.6	94.9	288.7	227.2	108.02	-
Total Liabilities	2,379	2,612	2,674	1,476	822.17	254.69
Common Stock	755.6	19.9	18.8	18	16.51	9.69
Additional Paid-In Capital	-	506.2	411.6	317	223.11	86.48
Retained Earnings	-	271	180.9	77.5	-3.64	-3.84
Comprehensive Income & Other	-	37.9	1.9	80.4	11.3	-1.36
Total Common Equity	755.6	835	613.2	492.9	247.28	90.97
Minority Interest	-	-	-	-	-	0.08
Shareholders' Equity	755.6	835	613.2	492.9	247.28	91.05
Total Liabilities & Equity	3,134	3,447	3,287	1,969	1,069	345.74
Total Debt	1,731	1,790	1,613	777.8	554.19	193.37
Net Cash (Debt)	-1,454	-1,435	-1,227	-666.7	-228.45	-153.77
Net Cash Per Share	-7.31	-7.29	-6.60	-3.76	-1.60	-1.36
Filing Date Shares Outstanding	198.83	198.83	198.83	180.49	180.49	139.7
Total Common Shares Outstanding	198.83	198.83	188.18	180.49	165.11	96.91
Working Capital	252	282.5	133.5	145.5	374.78	11.89
Book Value Per Share	3.80	4.20	3.26	2.73	1.50	0.94
Tangible Book Value	-1,397	-1,487	-1,620	-763.6	-173.46	-88.49
Tangible Book Value Per Share	-7.03	-7.48	-8.61	-4.23	-1.05	-0.91
Land	-	-	-	88.9	69.63	15.94
Machinery	-	-	-	115.2	50.72	32.97
Leasehold Improvements	-	-	-	6.8	5.54	1.96

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