NOTE AB (publ) (STO:NOTE)

NOTE AB Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	531	411	169.84	87.66	99.17	67.74
Cash & Short-Term Investments	531	411	169.84	87.66	99.17	67.74
Cash Growth	84.38%	141.99%	93.75%	-11.61%	46.41%	-6.72%
Accounts Receivable	836	856	875.84	872.39	675.08	338.28
Other Receivables	92	65	26.81	29.2	32.3	18.27
Receivables	928	921	902.65	901.59	707.38	356.56
Inventory	920	963	1,290	1,254	886.64	354.09
Prepaid Expenses	-	-	17.38	13.12	11.79	5.95
Other Current Assets	-	-	0.95	0.63	0.34	0.34
Total Current Assets	2,379	2,295	2,381	2,257	1,705	784.68
Property, Plant & Equipment	581	569	511.88	299.02	276.19	191.88
Goodwill	261	272	258.88	165.58	141.01	105.71
Other Intangible Assets	57	55	51.99	34.69	35.36	20.59
Long-Term Deferred Tax Assets	18	15	14.39	7.31	4.94	5.75
Other Long-Term Assets	1	1	2.09	2.22	0.97	0.63
Total Assets	3,297	3,207	3,220	2,765	2,164	1,109
Accounts Payable	598	534	602.79	686.26	594.32	246.43
Accrued Expenses	-	-	140.22	118.14	98.65	81.79
Short-Term Debt	355	355	412.21	350.92	261.46	24.84
Current Portion of Long-Term Debt	-	-	-	1.98	2.97	-
Current Portion of Leases	25	25	64.48	47.43	46.04	32.83
Current Income Taxes Payable	-	-	37.63	43.46	52.75	20.35
Other Current Liabilities	340	324	226.14	225.01	121.14	25.06
Total Current Liabilities	1,318	1,238	1,483	1,473	1,177	431.3
Long-Term Debt	142	144	5.4	5.87	12.35	-
Long-Term Leases	112	106	271.24	146.8	146.15	95.34
Long-Term Deferred Tax Liabilities	80	81	63.9	41.01	27.72	14.96
Total Liabilities	1,652	1,569	1,824	1,667	1,364	541.61
Common Stock	1,645	1,638	15.01	15.01	14.81	14.7
Additional Paid-In Capital	-	-	246.95	246.95	235.49	229.48
Retained Earnings	-	-	1,099	778.97	524.73	330.66
Comprehensive Income & Other	-	-	35.23	57.56	25.24	-7.2
Shareholders' Equity	1,645	1,638	1,396	1,098	800.26	567.63
Total Liabilities & Equity	3,297	3,207	3,220	2,765	2,164	1,109
Total Debt	634	630	753.33	553	468.97	153.02
Net Cash (Debt)	-103	-219	-583.49	-465.35	-369.8	-85.28
Net Cash Per Share	-3.59	-7.60	-20.13	-16.06	-12.81	-2.99
Filing Date Shares Outstanding	28.48	28.48	28.98	28.98	28.58	28.37
Total Common Shares Outstanding	28.48	28.48	28.98	28.98	28.58	28.37
Working Capital	1,061	1,057	897.42	783.34	528	353.38
Book Value Per Share	57.75	57.51	48.17	37.90	28.00	20.01
Tangible Book Value	1,327	1,311	1,085	898.22	623.88	441.34
Tangible Book Value Per Share	46.59	46.03	37.44	30.99	21.83	15.56
Buildings	-	-	77.43	32.29	26.93	24.93
Machinery	-	-	589.74	444.52	389.78	329.46

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.