NIBE Industrier AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	4,793	4,783	5,028	3,756	4,627	4,522
Short-Term Investments	571	675	579	527	190	224
Cash & Short-Term Investments	5,364	5,458	5,607	4,283	4,817	4,746
Cash Growth	-4.61%	-2.66%	30.91%	-11.09%	1.50%	-1.00%
Accounts Receivable	8,594	5,347	5,464	5,033	5,841	4,075
Other Receivables	-	1,119	1,148	1,031	814	504
Receivables	8,594	6,466	6,612	6,064	6,655	4,579
Inventory	9,825	9,167	10,644	13,227	10,191	6,584
Prepaid Expenses	-	512	535	583	447	342
Other Current Assets	-	48	29	41	42	20
Total Current Assets	23,783	21,651	23,427	24,198	22,152	16,271
Property, Plant & Equipment	13,161	12,416	13,214	11,568	8,273	6,131
Long-Term Investments	-	410	401	367	250	53
Goodwill	-	23,090	25,290	22,925	17,630	15,453
Other Intangible Assets	30,592	5,165	5,878	8,089	4,938	4,910
Long-Term Accounts Receivable	-	-	-	-	211	48
Long-Term Deferred Tax Assets	-	735	752	547	348	389
Long-Term Deferred Charges	-	1,228	1,073	-	-	-
Other Long-Term Assets	1,569	360	371	410	192	139
Total Assets	69,105	65,055	70,406	68,104	53,994	43,394

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Accounts Payable	-	2,939	3,115	3,291	4,042	2,818
Accrued Expenses	-	954	928	936	827	745
Short-Term Debt	-	1,073	16	67	135	45
Current Portion of Long-Term Debt	5,230	4,683	6,451	5,262	4,328	2,406
Current Portion of Leases	-	672	619	520	495	364
Current Income Taxes Payable	-	363	417	545	693	451
Current Unearned Revenue	-	536	556	455	357	321
Other Current Liabilities	8,624	2,731	3,549	4,489	2,876	1,830
Total Current Liabilities	13,854	13,951	15,651	15,565	13,753	8,980
Long-Term Debt	18,111	14,317	15,453	15,159	5,112	6,224
Long-Term Leases	-	1,487	1,798	1,462	1,073	743
Pension & Post-Retirement Benefits	-	496	540	450	342	617
Long-Term Deferred Tax Liabilities	-	1,929	2,050	2,361	1,476	1,387
Other Long-Term Liabilities	4,814	2,585	2,774	2,900	4,265	3,786
Total Liabilities	36,779	34,765	38,266	37,897	26,021	21,737

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Common Stock	32,326	79	79	79	79	79
Additional Paid-In Capital	-	4,818	4,818	4,818	4,818	4,818
Retained Earnings	-	24,229	22,514	22,692	19,286	15,587
Comprehensive Income & Other	-	1,127	4,687	2,571	3,752	954
Total Common Equity	32,326	30,253	32,098	30,160	27,935	21,438
Minority Interest	-	37	42	47	38	219
Shareholders' Equity	32,326	30,290	32,140	30,207	27,973	21,657
Total Liabilities & Equity	69,105	65,055	70,406	68,104	53,994	43,394

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Total Debt	23,341	22,232	24,337	22,470	11,143	9,782
Net Cash (Debt)	-17,977	-16,774	-18,730	-18,187	-6,326	-5,036
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-	-8.32	-9.29	-9.02	-3.14	-2.50
Filing Date Shares Outstanding	-	2,016	2,016	2,016	2,016	2,016
Total Common Shares Outstanding	-	2,016	2,016	2,016	2,016	2,016
Working Capital	9,929	7,700	7,776	8,633	8,399	7,291
Book Value Per Share	-	15.01	15.92	14.96	13.86	10.63
Tangible Book Value	1,734	1,998	930	-854	5,367	1,075
Tangible Book Value Per Share	-	0.99	0.46	-0.42	2.66	0.53
Land	-	493	535	509	403	383
Buildings	-	6,551	5,697	4,240	3,855	3,214
Machinery	-	8,454	8,274	7,119	5,917	5,519
Construction In Progress	-	1,059	2,217	2,859	1,250	570