NOTE 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	338	293	411.18	169.84	87.66	99.17
Cash & Short-Term Investments	338	293	411.18	169.84	87.66	99.17
Cash Growth	-36.35%	-28.74%	142.10%	93.75%	-11.61%	46.41%
Accounts Receivable	984	846	856.28	875.84	872.39	675.08
Other Receivables	119	67	45.24	26.81	29.2	32.3
Receivables	1,103	913	901.51	902.65	901.59	707.38
Inventory	1,043	868	963.76	1,290	1,254	886.64
Prepaid Expenses	-	-	19.56	17.38	13.12	11.79
Other Current Assets	-	-	0.13	0.95	0.63	0.34
Total Current Assets	2,484	2,074	2,296	2,381	2,257	1,705
Property, Plant & Equipment	844	626	568.26	511.88	299.02	276.19
Goodwill	1,361	595	272.31	258.88	165.58	141.01
Other Intangible Assets	209	122	54.57	51.99	34.69	35.36
Long-Term Deferred Tax Assets	37	16	15.38	14.39	7.31	4.94
Other Long-Term Assets	1	1	1.1	2.09	2.22	0.97
Total Assets	4,936	3,434	3,208	3,220	2,765	2,164
Accounts Payable	714	540	534.19	602.79	686.26	594.32
Accrued Expenses	-	-	134.26	140.22	118.14	98.65
Short-Term Debt	-	-	316.19	412.21	350.92	261.46
Current Portion of Long-Term Debt	998	570	0.38	-	1.98	2.97
Current Portion of Leases	40	24	63.55	64.48	47.43	46.04
Current Income Taxes Payable	-	-	46.82	37.63	43.46	52.75
Other Current Liabilities	404	311	143.14	226.14	225.01	121.14
Total Current Liabilities	2,156	1,445	1,239	1,483	1,473	1,177
Long-Term Debt	618	125	-81.67	5.4	5.87	12.35
Long-Term Leases	283	104	331.69	271.24	146.8	146.15
Long-Term Deferred Tax Liabilities	132	112	80.78	63.9	41.01	27.72
Other Long-Term Liabilities	13	-	-	-	-	-
Total Liabilities	3,202	1,786	1,569	1,824	1,667	1,364
Common Stock	1,734	1,648	15.01	15.01	15.01	14.81
Additional Paid-In Capital	-	-	252.03	246.95	246.95	235.49
Retained Earnings	-	-	1,281	1,099	778.97	524.73
Comprehensive Income & Other	-	-	90.82	35.23	57.56	25.24
Shareholders' Equity	1,734	1,648	1,638	1,396	1,098	800.26
Total Liabilities & Equity	4,936	3,434	3,208	3,220	2,765	2,164
Total Debt	1,939	823	630.13	753.33	553	468.97
Net Cash (Debt)	-1,601	-530	-218.95	-583.49	-465.35	-369.8
Net Cash Per Share	-56.05	-18.56	-7.60	-20.13	-16.06	-12.81
Filing Date Shares Outstanding	28.55	28.55	28.98	28.98	28.98	28.58
Total Common Shares Outstanding	28.55	28.55	28.98	28.98	28.98	28.58
Working Capital	328	629	1,058	897.42	783.34	528
Book Value Per Share	60.74	57.73	56.53	48.17	37.90	28.00
Tangible Book Value	164	931	1,312	1,085	898.22	623.88
Tangible Book Value Per Share	5.74	32.61	45.25	37.44	30.99	21.83
Buildings	-	-	155.03	77.43	32.29	26.93
Machinery	-	-	655.93	589.74	444.52	389.78

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.