Investor AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	22,193	17,220	18,794	13,164	18,330
Short-Term Investments	-	16,333	12,671	13,140	204
Cash & Short-Term Investments	22,193	33,553	31,465	26,304	18,534
Cash Growth	-33.86%	6.64%	19.62%	41.92%	-33.55%
Accounts Receivable	-	9,168	7,982	7,601	5,718
Other Receivables	11,359	2,441	1,907	1,997	3,695
Total Trade Receivables	11,359	11,609	9,889	9,598	9,413
Inventory	11,091	10,512	9,197	9,583	6,767
Other Current Assets	445	398	4,816	873	375
Total Current Assets	45,088	56,071	55,367	46,358	35,088
Net Property, Plant & Equipment	17,488	17,516	13,371	16,238	14,043
Other Intangible Assets	36,407	33,682	33,233	34,355	33,168
Goodwill	75,267	71,277	64,782	63,334	55,437
Long-Term Investments	922,282	768,780	666,757	560,261	653,115
Other Long-Term Assets	6,277	4,765	4,940	3,818	4,691
Total Assets	1,102,807	952,090	838,450	724,365	795,542
Accounts Payable	-	4,862	4,376	4,663	3,330
Accrued Expenses	-	5,567	5,228	4,520	5,284
Short-Term Debt	1,431	4,577	4,608	1,783	3,255
Other Current Liabilities	13,899	3,782	3,031	2,537	2,108
Total Current Liabilities	15,330	18,789	17,242	13,502	13,977
Long-Term Debt	114,290	94,389	84,533	89,436	83,966
Other Long-Term Liabilities	19,289	19,161	19,244	15,772	14,093
Total Long-Term Liabilities	133,579	113,549	103,777	105,209	98,059
Total Liabilities	148,909	132,339	121,019	118,711	112,036
Common Stock	-	4,795	4,795	4,795	4,795
Additional Paid-in Capital	-	13,533	13,533	13,533	13,533
Accumulated Other Comprehensive Income	-	18,193	14,586	16,151	6,906
Retained Earnings	-	782,843	683,855	570,387	657,379
Total Common Shareholders' Equity	-	819,364	716,768	604,865	682,614
Minority Interest	-	388	663	788	891
Shareholders' Equity	953,898	819,752	717,431	605,653	683,505
Total Liabilities & Equity	1,102,807	952,090	838,450	724,365	795,542
Total Debt	115,721	98,966	89,141	91,219	87,221
Net Cash (Debt)	-93,528	-65,413	-57,676	-64,915	-68,687
Net Cash Per Share	-	-21.34	-18.82	-21.18	-22.41
Book Value	0	819,364	716,768	604,865	682,614
Book Value Per Share	-	267.32	233.89	197.37	222.71
Tangible Book Value	-111,674	714,405	618,753	507,176	594,009
Tangible Book Value Per Share	-	233.08	201.90	165.49	193.80

Updated Dec 31, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.