Netel Holding 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	205	261	446	369	271
Cash & Short-Term Investments	205	261	446	369	271
Cash Growth	-21.46%	-41.48%	20.87%	36.16%	201.11%
Accounts Receivable	842	895	986	1,118	687
Other Receivables	45	121	66	39	18
Receivables	887	1,016	1,052	1,157	705
Inventory	5	2	8	8	8
Prepaid Expenses	3	-	-	-	-
Other Current Assets	-	61	-	-	-
Total Current Assets	1,100	1,340	1,506	1,534	984
Property, Plant & Equipment	197	162	174	186	125
Goodwill	1,225	1,242	1,237	1,179	810
Other Intangible Assets	180	180	179	179	180
Long-Term Deferred Tax Assets	2	7	16	10	14
Long-Term Deferred Charges	20	22	20	20	13
Other Long-Term Assets	31	15	14	11	7
Total Assets	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	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	66	259	258	88	82
Total Current Liabilities	746	834	916	731	566
Long-Term Debt	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	13	11	26	178	37
Total Liabilities	1,784	1,873	2,013	2,014	1,221
Common Stock	1	1	1	1	1
Additional Paid-In Capital	1,473	1,472	1,471	1,461	1,396
Retained Earnings	-481	-364	-317	-361	-485
Comprehensive Income & Other	-22	-14	-22	4	-
Shareholders' Equity	971	1,095	1,133	1,105	912
Total Liabilities & Equity	2,755	2,968	3,146	3,119	2,133
Total Debt	1,119	1,006	1,056	1,090	589
Net Cash (Debt)	-914	-745	-610	-721	-318
Net Cash Per Share	-18.84	-15.36	-12.58	-15.11	-8.95
Filing Date Shares Outstanding	48.51	48.51	48.51	48.21	47.5
Total Common Shares Outstanding	48.51	48.51	48.51	48.21	46.7
Working Capital	354	506	590	803	418
Book Value Per Share	20.02	22.57	23.36	22.92	19.53
Tangible Book Value	-434	-327	-283	-253	-78
Tangible Book Value Per Share	-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.