Garo Aktiebolag (publ) (STO:GARO)

Garo Aktiebolag 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	11.2	16.5	50	29.5	81.6	69.4
Cash & Short-Term Investments	11.2	16.5	50	29.5	81.6	69.4
Cash Growth	-47.66%	-67.00%	69.49%	-63.85%	17.58%	70.10%
Accounts Receivable	229.5	232.2	252.6	321.1	336	238.6
Other Receivables	79.1	50.5	46.4	43.7	9.1	4.5
Receivables	308.6	282.7	299	364.8	345.1	243.1
Inventory	341.2	376.1	395.2	344.9	242.1	182.5
Prepaid Expenses	-	17.1	19.1	13.1	12.7	8.1
Other Current Assets	4.9	4.9	-	-	-	-
Total Current Assets	665.9	697.3	763.3	752.3	681.5	503.1
Property, Plant & Equipment	251.2	266.7	285.2	269.4	144.1	140.4
Goodwill	-	45.5	45.5	45.5	45.5	45.5
Other Intangible Assets	116.3	8.5	38.4	65.1	34.5	35.1
Long-Term Deferred Tax Assets	-	20.9	4.2	4.1	3.2	6.2
Long-Term Deferred Charges	-	72.9	62	17.1	28.1	13
Other Long-Term Assets	27.2	0.3	-	-	-	-
Total Assets	1,061	1,112	1,199	1,154	936.9	743.3
Accounts Payable	113.4	127.2	183.3	187.4	166.5	123.9
Accrued Expenses	-	60.9	69.1	77	67.2	50.3
Short-Term Debt	169.5	166.6	177.6	6.1	7.3	7.4
Current Portion of Long-Term Debt	-	-	-	52	2.6	4.9
Current Portion of Leases	16	16.6	16.2	16.1	9.5	9.9
Current Income Taxes Payable	-	-	-	21	18.7	7.2
Other Current Liabilities	105.4	58.4	57.6	71.8	54.5	46.7
Total Current Liabilities	404.3	429.7	503.8	431.4	326.3	250.3
Long-Term Debt	62.7	68.9	22.2	36.6	26.5	30.3
Long-Term Leases	39.3	46	56.1	62.4	26.3	28.2
Long-Term Deferred Tax Liabilities	-	-	-	-	-	0.5
Other Long-Term Liabilities	10.1	12	7	9	6.3	3.7
Total Liabilities	516.4	556.6	589.1	539.4	385.4	313
Common Stock	20	20	20	20	20	20
Additional Paid-In Capital	3.3	1.5	1.5	1.5	-	-
Retained Earnings	505.6	514.1	574.2	582.9	532.4	407.4
Comprehensive Income & Other	15.3	19.9	13.8	9.7	-0.9	2.9
Shareholders' Equity	544.2	555.5	609.5	614.1	551.5	430.3
Total Liabilities & Equity	1,061	1,112	1,199	1,154	936.9	743.3
Total Debt	287.5	298.1	272.1	173.2	72.2	80.7
Net Cash (Debt)	-276.3	-281.6	-222.1	-143.7	9.4	-11.3
Net Cash Per Share	-5.53	-5.63	-4.44	-2.87	0.19	-0.23
Filing Date Shares Outstanding	50	50	50	50	50	50
Total Common Shares Outstanding	50	50	50	50	50	50
Working Capital	261.6	267.6	259.5	320.9	355.2	252.8
Book Value Per Share	10.88	11.11	12.19	12.28	11.03	8.61
Tangible Book Value	427.9	501.5	525.6	503.5	471.5	349.7
Tangible Book Value Per Share	8.56	10.03	10.51	10.07	9.43	6.99
Land	-	198.9	199.3	130.2	109.8	107.1
Machinery	-	165.1	160.5	136.2	125.9	108.5
Construction In Progress	-	4.4	3.4	69.8	4.4	6.3

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