NOTE AB (publ) (STO:NOTE)

NOTE AB Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	147	293.22	411.18	169.84	87.66	99.17
Cash & Short-Term Investments	147	293.22	411.18	169.84	87.66	99.17
Cash Growth	-60.48%	-28.69%	142.10%	93.75%	-11.61%	46.41%
Accounts Receivable	1,035	846.63	856.28	875.84	872.39	675.08
Other Receivables	146	41.75	45.24	26.81	29.2	32.3
Receivables	1,181	888.37	901.51	902.65	901.59	707.38
Inventory	1,155	867.7	963.76	1,290	1,254	886.64
Prepaid Expenses	-	24.81	19.56	17.38	13.12	11.79
Other Current Assets	-	0.62	0.13	0.95	0.63	0.34
Total Current Assets	2,483	2,075	2,296	2,381	2,257	1,705
Property, Plant & Equipment	841	626.08	568.26	511.88	299.02	276.19
Goodwill	1,389	595.24	272.31	258.88	165.58	141.01
Other Intangible Assets	201	122.33	54.57	51.99	34.69	35.36
Long-Term Deferred Tax Assets	36	16.32	15.38	14.39	7.31	4.94
Other Long-Term Assets	1	0.96	1.1	2.09	2.22	0.97
Total Assets	4,951	3,436	3,208	3,220	2,765	2,164

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	780	539.74	534.19	602.79	686.26	594.32
Accrued Expenses	-	148.36	134.26	140.22	118.14	98.65
Short-Term Debt	-	529.98	316.19	412.21	350.92	261.46
Current Portion of Long-Term Debt	863	0.38	0.38	-	1.98	2.97
Current Portion of Leases	40	65.06	63.55	64.48	47.43	46.04
Current Income Taxes Payable	-	26.33	46.82	37.63	43.46	52.75
Other Current Liabilities	410	137.03	143.14	226.14	225.01	121.14
Total Current Liabilities	2,093	1,447	1,239	1,483	1,473	1,177
Long-Term Debt	609	125.2	143.92	5.4	5.87	12.35
Long-Term Leases	275	103.59	106.11	271.24	146.8	146.15
Long-Term Deferred Tax Liabilities	130	111.79	80.78	63.9	41.01	27.72
Other Long-Term Liabilities	13	-	-	-	-	-
Total Liabilities	3,120	1,787	1,569	1,824	1,667	1,364

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	1,831	15.05	15.01	15.01	15.01	14.81
Additional Paid-In Capital	-	264.37	252.03	246.95	246.95	235.49
Retained Earnings	-	1,363	1,281	1,099	778.97	524.73
Comprehensive Income & Other	-	5.84	90.82	35.23	57.56	25.24
Shareholders' Equity	1,831	1,648	1,638	1,396	1,098	800.26
Total Liabilities & Equity	4,951	3,436	3,208	3,220	2,765	2,164

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	1,787	824.21	630.13	753.33	553	468.97
Net Cash (Debt)	-1,640	-531	-218.95	-583.49	-465.35	-369.8
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-57.48	-18.63	-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	390	627.84	1,058	897.42	783.34	528
Book Value Per Share	64.14	57.73	56.53	48.17	37.90	28.00
Tangible Book Value	241	930.62	1,312	1,085	898.22	623.88
Tangible Book Value Per Share	8.44	32.60	45.25	37.44	30.99	21.83
Buildings	-	239.85	155.03	77.43	32.29	26.93
Machinery	-	651.3	655.93	589.74	444.52	389.78

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 31, 2026

Data Sources Report a data error