Garo Aktiebolag (publ) (STO: GARO)

Garo Aktiebolag Balance Sheet

Financials in millions SEK. 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	15.4	50	29.5	81.6	69.4	40.8
Cash & Short-Term Investments	15.4	50	29.5	81.6	69.4	40.8
Cash Growth	43.93%	69.49%	-63.85%	17.58%	70.10%	385.71%
Accounts Receivable	282.9	252.6	321.1	336	238.6	212.8
Other Receivables	77.5	46.4	43.7	9.1	4.5	3.5
Receivables	360.4	299	364.8	345.1	243.1	216.3
Inventory	374.1	395.2	344.9	242.1	182.5	170.4
Prepaid Expenses	-	19.1	13.1	12.7	8.1	8.3
Total Current Assets	757.2	763.3	752.3	681.5	503.1	435.8
Property, Plant & Equipment	268.1	285.2	269.4	144.1	140.4	146.1
Goodwill	-	45.5	45.5	45.5	45.5	39.6
Other Intangible Assets	128.6	38.4	65.1	34.5	35.1	17.1
Long-Term Deferred Tax Assets	-	4.2	4.1	3.2	6.2	8.1
Long-Term Deferred Charges	-	62	17.1	28.1	13	10.7
Other Long-Term Assets	17.7	-	-	-	-	-
Total Assets	1,172	1,199	1,154	936.9	743.3	657.4
Accounts Payable	147.5	183.3	187.4	166.5	123.9	118.2
Accrued Expenses	-	69.1	77	67.2	50.3	51.6
Short-Term Debt	266.6	97.6	6.1	7.3	7.4	7.7
Current Portion of Long-Term Debt	-	80	52	2.6	4.9	5.1
Current Portion of Leases	16.4	16.2	16.1	9.5	9.9	8.1
Current Income Taxes Payable	-	-	21	18.7	7.2	15.7
Other Current Liabilities	128.3	57.6	71.8	54.5	46.7	39.2
Total Current Liabilities	558.8	503.8	431.4	326.3	250.3	245.6
Long-Term Debt	-	22.2	36.6	26.5	30.3	31.7
Long-Term Leases	48	56.1	62.4	26.3	28.2	33.8
Long-Term Deferred Tax Liabilities	-	-	-	-	0.5	1.1
Other Long-Term Liabilities	11	7	9	6.3	3.7	2.2
Total Liabilities	617.8	589.1	539.4	385.4	313	314.4
Common Stock	20	20	20	20	20	20
Additional Paid-In Capital	1.5	1.5	1.5	-	-	-
Retained Earnings	515.5	574.2	582.9	532.4	407.4	320.4
Comprehensive Income & Other	16.8	13.8	9.7	-0.9	2.9	2.6
Shareholders' Equity	553.8	609.5	614.1	551.5	430.3	343
Total Liabilities & Equity	1,172	1,199	1,154	936.9	743.3	657.4
Total Debt	331	272.1	173.2	72.2	80.7	86.4
Net Cash (Debt)	-315.6	-222.1	-143.7	9.4	-11.3	-45.6
Net Cash Per Share	-6.31	-4.44	-2.87	0.19	-0.23	-0.91
Filing Date Shares Outstanding	50	50	50	50	50	50
Total Common Shares Outstanding	50	50	50	50	50	50
Working Capital	198.4	259.5	320.9	355.2	252.8	190.2
Book Value Per Share	11.08	12.19	12.28	11.03	8.61	6.86
Tangible Book Value	425.2	525.6	503.5	471.5	349.7	286.3
Tangible Book Value Per Share	8.50	10.51	10.07	9.43	6.99	5.73
Land	-	199.3	130.2	109.8	107.1	112.4
Machinery	-	160.5	136.2	125.9	108.5	147.1
Construction In Progress	-	3.4	69.8	4.4	6.3	6.9

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