Netel Holding 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	183	205	261	446	369	271
Cash & Short-Term Investments	183	205	261	446	369	271
Cash Growth	-16.05%	-21.46%	-41.48%	20.87%	36.16%	201.11%
Accounts Receivable	829	842	895	986	1,118	687
Other Receivables	-	45	121	66	39	18
Receivables	829	887	1,016	1,052	1,157	705
Inventory	6	5	2	8	8	8
Prepaid Expenses	-	3	-	-	-	-
Other Current Assets	-	-	61	-	-	-
Total Current Assets	1,018	1,100	1,340	1,506	1,534	984
Property, Plant & Equipment	218	197	162	174	186	125
Goodwill	1,234	1,225	1,242	1,237	1,179	810
Other Intangible Assets	199	180	180	179	179	180
Long-Term Deferred Tax Assets	2	2	7	16	10	14
Long-Term Deferred Charges	-	20	22	20	20	13
Other Long-Term Assets	30	31	15	14	11	7
Total Assets	2,701	2,755	2,968	3,146	3,119	2,133
Accounts Payable	-	298	296	335	323	258
Accrued Expenses	-	112	99	96	118	109
Current Portion of Long-Term Debt	199	104	8	9	5	1
Current Portion of Leases	-	50	40	44	48	34
Current Income Taxes Payable	-	-	-	23	31	29
Current Unearned Revenue	-	116	132	151	118	53
Other Current Liabilities	466	66	259	258	88	82
Total Current Liabilities	665	746	834	916	731	566
Long-Term Debt	1,005	884	920	951	967	499
Long-Term Leases	-	81	38	52	70	55
Long-Term Deferred Tax Liabilities	-	60	70	68	68	64
Other Long-Term Liabilities	70	13	11	26	178	37
Total Liabilities	1,740	1,784	1,873	2,013	2,014	1,221
Common Stock	0.75	1	1	1	1	1
Additional Paid-In Capital	1,472	1,473	1,472	1,471	1,461	1,396
Retained Earnings	-499.88	-481	-364	-317	-361	-485
Comprehensive Income & Other	-12.35	-22	-14	-22	4	-
Shareholders' Equity	961	971	1,095	1,133	1,105	912
Total Liabilities & Equity	2,701	2,755	2,968	3,146	3,119	2,133
Total Debt	1,204	1,119	1,006	1,056	1,090	589
Net Cash (Debt)	-1,021	-914	-745	-610	-721	-318
Net Cash Per Share	-21.05	-18.84	-15.36	-12.58	-15.11	-8.95
Filing Date Shares Outstanding	48.51	48.51	48.51	48.51	48.21	47.5
Total Common Shares Outstanding	48.51	48.51	48.51	48.51	48.21	46.7
Working Capital	353	354	506	590	803	418
Book Value Per Share	19.81	20.02	22.57	23.36	22.92	19.53
Tangible Book Value	-472	-434	-327	-283	-253	-78
Tangible Book Value Per Share	-9.73	-8.95	-6.74	-5.83	-5.25	-1.67
Land	-	6	6	-	-	-
Buildings	-	-	-	6	-	-
Machinery	-	152	172	170	158	73
Order Backlog	-	4,157	3,805	-	3,700	3,488

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