Karnell 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
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
Cash & Equivalents	46.8	286.3	190.4	148.68	246.13
Cash & Short-Term Investments	46.8	286.3	190.4	148.68	246.13
Cash Growth	-80.61%	50.37%	28.06%	-39.59%	-
Accounts Receivable	327.7	239.6	211.1	162.14	88.09
Other Receivables	21	9.2	13.4	19.5	18.64
Receivables	348.7	248.8	224.5	181.63	106.73
Inventory	333.3	293	251.6	180.13	63.72
Prepaid Expenses	13	7.2	6.9	4.55	2.76
Total Current Assets	741.7	835.3	673.4	514.99	419.33
Property, Plant & Equipment	432.4	412.6	289.6	271.12	115.28
Long-Term Investments	-	-	-	0.38	0.42
Goodwill	-	806.5	554.8	481.78	265.35
Other Intangible Assets	1,148	166.6	68.5	2.21	1.08
Long-Term Deferred Tax Assets	-	1.2	4.2	3.31	1.77
Long-Term Deferred Charges	-	10.3	9.3	8.08	6.84
Other Long-Term Assets	2.3	0.6	0.6	-	0
Total Assets	2,325	2,233	1,600	1,282	810.07
Accounts Payable	114.2	94.8	79.1	68.92	42.12
Accrued Expenses	80.4	54.1	45.7	41.32	23.18
Current Portion of Long-Term Debt	69.9	93	92.8	95.8	59.28
Current Portion of Leases	43.6	40.8	26	25.43	16.5
Current Income Taxes Payable	11.7	2	4.9	0.61	3.34
Current Unearned Revenue	2.2	6.5	23.7	6.81	12.33
Other Current Liabilities	79	111.2	51.9	49.06	19.89
Total Current Liabilities	401	402.4	324.1	287.94	176.64
Long-Term Debt	386.9	367.3	283.3	243.71	140.73
Long-Term Leases	112.7	97.7	42.1	55.78	38.29
Pension & Post-Retirement Benefits	-	4.5	4.3	3.99	3.52
Long-Term Deferred Tax Liabilities	88.7	66.1	37.4	12.91	3.6
Other Long-Term Liabilities	126.4	130.2	134.7	87.57	26.36
Total Liabilities	1,116	1,068	825.9	691.89	389.14
Common Stock	5.3	5.3	4.2	3.71	3.14
Additional Paid-In Capital	992.6	987.3	677.4	567.61	457.03
Retained Earnings	214.8	130	76.9	-0.48	-38.71
Comprehensive Income & Other	-3.6	42.3	16	19.13	-0.54
Shareholders' Equity	1,209	1,165	774.5	589.97	420.92
Total Liabilities & Equity	2,325	2,233	1,600	1,282	810.07
Total Debt	613.1	598.8	444.2	420.71	254.8
Net Cash (Debt)	-566.3	-312.5	-253.8	-272.03	-8.67
Net Cash Per Share	-10.42	-6.01	-5.95	-7.85	-0.39
Filing Date Shares Outstanding	52.92	52.92	42.61	33.67	21.94
Total Common Shares Outstanding	52.92	52.92	42.09	33.67	21.94
Working Capital	340.7	432.9	349.3	227.05	242.69
Book Value Per Share	22.85	22.01	18.40	17.52	19.18
Tangible Book Value	60.7	191.8	151.2	105.98	154.5
Tangible Book Value Per Share	1.15	3.62	3.59	3.15	7.04
Land	-	10.5	10.2	8.4	0.44
Buildings	-	81.6	77.7	56.28	12.02
Machinery	-	322.9	231.7	190.07	100.83
Construction In Progress	-	1.4	4.5	3.38	-

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