NIBE Industrier 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	4,668	4,783	5,028	3,756	4,627	4,522
Short-Term Investments	839	675	579	527	190	224
Cash & Short-Term Investments	5,507	5,458	5,607	4,283	4,817	4,746
Cash Growth	18.71%	-2.66%	30.91%	-11.09%	1.50%	-1.00%
Accounts Receivable	7,437	5,347	5,464	5,033	5,841	4,075
Other Receivables	-	1,167	1,177	1,072	856	524
Total Trade Receivables	7,437	6,514	6,641	6,105	6,697	4,599
Inventory	9,498	9,167	10,644	13,227	10,191	6,584
Other Current Assets	-	512	535	583	447	342
Total Current Assets	22,442	21,651	23,427	24,198	22,152	16,271
Net Property, Plant & Equipment	12,832	12,416	13,214	11,568	8,273	6,131
Other Intangible Assets	-	6,393	6,951	8,089	4,938	4,910
Goodwill	-	23,090	25,290	22,925	17,630	15,453
Long-Term Investments	-	606	603	564	461	101
Other Long-Term Assets	-	899	921	760	540	528
Total Assets	66,882	65,055	70,406	68,104	53,994	43,394
Accounts Payable	-	2,939	3,115	3,291	4,042	2,818
Accrued Expenses	-	2,883	2,898	3,094	2,986	2,343
Current Portion of Long-Term Debt	-	5,756	6,467	5,329	4,463	2,451
Current Portion of Leases	-	672	619	520	495	364
Unearned Revenue	-	209	194	248	232	148
Other Current Liabilities	-	1,492	2,358	3,083	1,535	856
Total Current Liabilities	-	13,951	15,651	15,565	13,753	8,980
Long-Term Debt	-	13,912	14,854	13,649	5,112	6,224
Long-Term Leases	-	1,487	1,798	1,462	1,073	743
Other Long-Term Liabilities	-	5,415	5,963	7,221	6,083	5,790
Total Long-Term Liabilities	-	20,814	22,615	22,332	12,268	12,757
Total Liabilities	35,268	34,765	38,266	37,897	26,021	21,737
Common Stock	-	79	79	79	79	79
Additional Paid-in Capital	-	4,818	4,818	4,818	4,818	4,818
Accumulated Other Comprehensive Income	-	1,127	4,687	2,571	3,752	954
Retained Earnings	-	24,229	22,514	22,692	19,286	15,587
Total Common Shareholders' Equity	-	30,253	32,098	30,160	27,935	21,438
Minority Interest	-	37	42	47	38	219
Shareholders' Equity	31,614	30,290	32,140	30,207	27,973	21,657
Total Liabilities & Equity	66,882	65,055	70,406	68,104	53,994	43,394
Total Debt	-	21,827	23,738	20,960	11,143	9,782
Net Cash (Debt)	5,507	-16,369	-18,131	-16,677	-6,326	-5,036
Net Cash Per Share	2.73	-8.12	-8.99	-8.27	-3.14	-2.50
Book Value	-	30,253	32,098	30,160	27,935	21,438
Book Value Per Share	-	15.01	15.92	14.96	13.86	10.63
Tangible Book Value	-	770	-143	-854	5,367	1,075
Tangible Book Value Per Share	-	0.38	-0.07	-0.42	2.66	0.53

Updated May 19, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.