Pierce Group AB (publ) (STO: PIERCE)

Pierce Group AB Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	261	222	136	18	87	111
Cash & Short-Term Investments	261	222	136	18	87	111
Cash Growth	52.63%	63.24%	655.56%	-79.31%	-21.62%	382.61%
Accounts Receivable	-	4	7	15	12	16
Other Receivables	-	8	17	18	15	8
Receivables	-	12	24	33	27	24
Inventory	400	344	488	534	334	373
Prepaid Expenses	-	3	4	5	3	6
Other Current Assets	29	1	-1	1	-	-1
Total Current Assets	690	582	651	591	451	513
Property, Plant & Equipment	54	68	76	81	93	79
Long-Term Investments	-	3	4	2	16	4
Goodwill	-	148	164	164	162	163
Other Intangible Assets	286	162	181	187	191	183
Long-Term Deferred Tax Assets	7	8	6	10	6	6
Other Long-Term Assets	4	-1	1	-	1	-
Total Assets	1,041	970	1,083	1,035	920	948
Accounts Payable	119	81	105	147	86	79
Accrued Expenses	-	103	82	86	104	105
Current Portion of Long-Term Debt	-	-	-	178	63	-
Current Portion of Leases	29	30	26	23	22	19
Current Income Taxes Payable	-	2	1	3	1	1
Current Unearned Revenue	-	13	20	16	25	19
Other Current Liabilities	192	63	62	64	70	39
Total Current Liabilities	340	292	296	517	371	262
Long-Term Debt	-	-	-	-	399	528
Long-Term Leases	10	24	39	48	64	48
Long-Term Deferred Tax Liabilities	25	26	29	28	29	28
Other Long-Term Liabilities	-	1	-	1	-	23
Total Liabilities	375	343	364	594	863	889
Common Stock	2	2	2	1	-	-
Additional Paid-In Capital	814	814	814	484	128	126
Retained Earnings	-153	-193	-101	-44	-70	-69
Comprehensive Income & Other	3	4	4	-	-1	2
Shareholders' Equity	666	627	719	441	57	59
Total Liabilities & Equity	1,041	970	1,083	1,035	920	948
Total Debt	39	54	65	249	548	595
Net Cash (Debt)	222	168	71	-231	-461	-484
Net Cash Growth	105.56%	136.62%	-	-	-	-
Net Cash Per Share	2.80	2.12	1.20	-6.02	-13.69	-14.39
Filing Date Shares Outstanding	79.37	79.37	79.37	39.69	39.69	33.63
Total Common Shares Outstanding	79.37	79.37	79.37	39.69	33.68	33.63
Working Capital	350	290	355	74	80	251
Book Value Per Share	8.39	7.90	9.06	11.11	1.69	1.75
Tangible Book Value	380	317	374	90	-296	-287
Tangible Book Value Per Share	4.79	3.99	4.71	2.27	-8.79	-8.54
Machinery	-	-	-	-	-	26

Source: S&P Capital IQ. Standard template. Financial Sources.