Karnov Group AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	505.3	931.8	402.8	450.6	671.2	951.47
Cash & Short-Term Investments	505.3	931.8	402.8	450.6	671.2	951.47
Cash Growth	261.19%	131.33%	-10.61%	-32.87%	-29.46%	72.08%
Accounts Receivable	407.4	375.5	450.7	411.9	405.2	197.37
Other Receivables	162.7	144.6	92.1	37.2	45.7	11.32
Receivables	570.1	520.1	542.8	449.1	450.9	208.7
Inventory	19.6	18.3	18.8	18.7	20.5	11.67
Prepaid Expenses	73.6	53.5	69.1	57.5	40.3	8.83
Other Current Assets	-	-	-	-	5.9	4.44
Total Current Assets	1,169	1,524	1,034	975.9	1,189	1,185
Property, Plant & Equipment	208.1	214.6	198.8	242.3	282.1	102.19
Long-Term Investments	37.5	34.6	51.3	61.8	54.3	62.22
Goodwill	3,414	3,370	3,618	3,251	3,250	1,912
Other Intangible Assets	2,004	1,603	1,943	1,873	2,391	1,242
Long-Term Deferred Tax Assets	167.8	175.4	184.4	135.4	122.5	-
Long-Term Deferred Charges	-	426.8	421.3	360	-	-
Other Long-Term Assets	14.7	14.4	13.1	7.7	12.2	2.77
Total Assets	7,033	7,385	7,489	6,933	7,326	4,522
Accounts Payable	62.8	93.2	111.9	111.3	137.6	25.67
Accrued Expenses	353	464.8	534.5	566.2	574.1	223.73
Current Portion of Long-Term Debt	136.8	135.2	114.9	83.2	-	-
Current Portion of Leases	45.2	46.2	52.5	52.8	52.5	12.48
Current Income Taxes Payable	52.1	62.7	36	30	20.5	12.92
Current Unearned Revenue	1,234	902.2	985.2	921.7	902.6	519.86
Other Current Liabilities	93.3	60.9	114.9	54.9	53	42.95
Total Current Liabilities	1,977	1,765	1,950	1,820	1,740	837.6
Long-Term Debt	1,853	1,830	2,571	2,123	2,483	1,210
Long-Term Leases	149	156.6	131.9	179.1	214.4	86.92
Pension & Post-Retirement Benefits	-	45.3	51.5	47.7	46.2	-
Long-Term Deferred Tax Liabilities	254.3	259.5	320.6	342.3	413.1	164.4
Other Long-Term Liabilities	128.2	83.4	90.8	83.2	102.6	69.31
Total Liabilities	4,362	4,140	5,116	4,595	5,000	2,368
Common Stock	1.7	1.7	1.7	1.7	1.7	1.66
Additional Paid-In Capital	2,654	2,654	2,654	2,654	2,654	2,655
Retained Earnings	954.4	893	-89.2	-65.2	-109.1	-170.95
Treasury Stock	-665	-	-	-	-	-0.01
Comprehensive Income & Other	-273.9	-303.5	-193	-253.4	-226.8	-338.02
Total Common Equity	2,671	3,245	2,374	2,337	2,320	2,148
Minority Interest	-	-	-	-	6.5	6.53
Shareholders' Equity	2,671	3,245	2,374	2,337	2,326	2,154
Total Liabilities & Equity	7,033	7,385	7,489	6,933	7,326	4,522
Total Debt	2,184	2,168	2,870	2,438	2,750	1,309
Net Cash (Debt)	-1,679	-1,236	-2,467	-1,988	-2,079	-357.56
Net Cash Per Share	-15.53	-11.43	-22.82	-18.39	-19.23	-3.64
Filing Date Shares Outstanding	98.62	107.88	107.88	107.88	107.85	107.68
Total Common Shares Outstanding	98.62	107.88	107.88	107.88	107.85	107.68
Working Capital	-808.8	-241.5	-916.4	-844.2	-551.5	347.5
Book Value Per Share	27.09	30.08	22.00	21.66	21.51	19.94
Tangible Book Value	-2,748	-1,729	-3,187	-2,787	-3,321	-1,007
Tangible Book Value Per Share	-27.86	-16.02	-29.54	-25.84	-30.79	-9.35
Land	-	0.2	8	7.7	7.7	-
Machinery	-	40.9	42.5	38.4	42.8	25.53
Construction In Progress	-	-	-	1.3	3.6	-
Leasehold Improvements	-	23.9	26.8	23.7	22.2	7.58

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