NIBE Industrier 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	4,783	5,028	3,756	4,627	4,522
Short-Term Investments	675	579	527	190	224
Cash & Short-Term Investments	5,458	5,607	4,283	4,817	4,746
Cash Growth	-2.66%	30.91%	-11.09%	1.50%	-1.00%
Accounts Receivable	7,026	5,464	5,033	5,841	4,075
Other Receivables	-	1,177	1,072	856	524
Total Trade Receivables	7,026	6,641	6,105	6,697	4,599
Inventory	9,167	10,644	13,227	10,191	6,584
Other Current Assets	-	535	583	447	342
Total Current Assets	21,651	23,427	24,198	22,152	16,271
Net Property, Plant & Equipment	12,416	13,214	11,568	8,273	6,131
Other Intangible Assets	-	6,951	8,089	4,938	4,910
Goodwill	-	25,290	22,925	17,630	15,453
Long-Term Investments	-	603	564	461	101
Other Long-Term Assets	-	921	760	540	528
Total Assets	65,055	70,406	68,104	53,994	43,394
Accounts Payable	-	3,115	3,291	4,042	2,818
Accrued Expenses	-	2,898	3,094	2,986	2,343
Current Portion of Long-Term Debt	-	6,467	5,329	4,463	2,451
Current Portion of Leases	-	619	520	495	364
Unearned Revenue	-	194	248	232	148
Other Current Liabilities	-	2,358	3,083	1,535	856
Total Current Liabilities	-	15,651	15,565	13,753	8,980
Long-Term Debt	-	14,854	13,649	5,112	6,224
Long-Term Leases	-	1,798	1,462	1,073	743
Other Long-Term Liabilities	-	5,963	7,221	6,083	5,790
Total Long-Term Liabilities	-	22,615	22,332	12,268	12,757
Total Liabilities	34,765	38,266	37,897	26,021	21,737
Common Stock	-	79	79	79	79
Additional Paid-in Capital	-	4,818	4,818	4,818	4,818
Accumulated Other Comprehensive Income	-	4,687	2,571	3,752	954
Retained Earnings	-	22,514	22,692	19,286	15,587
Total Common Shareholders' Equity	-	32,098	30,160	27,935	21,438
Minority Interest	-	42	47	38	219
Shareholders' Equity	30,290	32,140	30,207	27,973	21,657
Total Liabilities & Equity	65,055	70,406	68,104	53,994	43,394
Total Debt	0	23,738	20,960	11,143	9,782
Net Cash (Debt)	5,458	-18,131	-16,677	-6,326	-5,036
Net Cash Per Share	2.71	-8.99	-8.27	-3.14	-2.50
Book Value	0	32,098	30,160	27,935	21,438
Book Value Per Share	-	15.92	14.96	13.86	10.63
Tangible Book Value	0	-143	-854	5,367	1,075
Tangible Book Value Per Share	-	-0.07	-0.42	2.66	0.53

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