Hultstrom Group AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	3	3.14	3.99	6.06	4.26	15.11
Cash & Short-Term Investments	3	3.14	3.99	6.06	4.26	15.11
Cash Growth	-16.67%	-21.20%	-34.10%	42.17%	-71.81%	-1.73%
Accounts Receivable	85.9	95.26	97.96	85.95	96.5	83.9
Other Receivables	16.2	10.57	8.11	6.98	8.35	11.25
Receivables	102.1	105.83	106.07	92.93	104.86	95.14
Prepaid Expenses	4	2.21	2.91	4.08	1.81	1.99
Other Current Assets	-	0.25	0.32	0.88	1.49	1.99
Total Current Assets	109.1	111.44	113.29	103.95	112.41	114.23
Property, Plant & Equipment	15.7	17.97	24.62	12.62	22.47	20.28
Goodwill	16	15.95	15.95	15.95	15.95	15.95
Long-Term Deferred Tax Assets	8.8	8.74	7.35	7.57	7.84	7.82
Other Long-Term Assets	-0.1	-0	0.06	0.07	0.06	0.15
Total Assets	149.5	154.1	161.27	140.15	158.73	158.43
Accounts Payable	16.3	18.74	25.18	24.29	28.79	31.4
Accrued Expenses	18.5	19.18	18.19	23.46	29.92	26.37
Short-Term Debt	1.8	-	15.9	19.45	14.81	0.97
Current Portion of Leases	5.4	6.75	9.17	5.13	9.54	8.04
Current Unearned Revenue	-	-	1.26	1.26	1.71	1.55
Other Current Liabilities	10.9	15.31	19.93	13.63	19.22	16.06
Total Current Liabilities	52.9	59.99	89.63	87.21	103.99	84.41
Long-Term Debt	-	-	-	0.1	0.1	0.1
Long-Term Leases	7.7	8.19	11.38	4.99	10.52	10.87
Other Long-Term Liabilities	-	-	0.06	0.06	0.06	0.15
Total Liabilities	60.6	68.18	101.06	92.37	114.67	95.52
Common Stock	6.08	6.08	6.08	6.08	6.08	6.08
Additional Paid-In Capital	51.28	51.3	51.3	51.3	51.3	51.3
Retained Earnings	30.93	27.35	1.6	-11.15	-14.09	4.83
Comprehensive Income & Other	0.61	1.2	1.18	1.51	0.72	0.65
Total Common Equity	88.9	85.93	60.16	47.74	44.02	62.87
Minority Interest	-	-	0.04	0.04	0.04	0.04
Shareholders' Equity	88.9	85.93	60.21	47.79	44.07	62.91
Total Liabilities & Equity	149.5	154.1	161.27	140.15	158.73	158.43
Total Debt	14.9	14.94	36.44	29.67	34.97	19.98
Net Cash (Debt)	-11.9	-11.8	-32.45	-23.62	-30.72	-4.87
Net Cash Per Share	-0.20	-0.19	-0.53	-0.39	-0.50	-0.08
Filing Date Shares Outstanding	60.84	60.84	60.84	60.84	60.84	60.84
Total Common Shares Outstanding	60.84	60.84	60.84	60.84	60.84	60.84
Working Capital	56.2	51.46	23.66	16.73	8.42	29.83
Book Value Per Share	1.46	1.41	0.99	0.78	0.72	1.03
Tangible Book Value	72.9	69.97	44.21	31.79	28.07	46.91
Tangible Book Value Per Share	1.20	1.15	0.73	0.52	0.46	0.77
Machinery	-	14.68	14.03	13.36	11.55	10.38

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