Ratos AB (publ) (STO:RATO.B)

Ratos 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	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	1,054	1,138	2,186	2,360	2,532	2,230
Cash & Short-Term Investments	1,054	1,138	2,186	2,360	2,532	2,230
Cash Growth	18.29%	-47.94%	-7.37%	-6.79%	13.54%	-21.09%
Accounts Receivable	2,040	2,540	3,694	4,002	4,949	3,226
Other Receivables	1,146	300	1,096	1,236	793	314
Receivables	3,186	2,840	4,790	5,238	5,742	3,540
Inventory	1,733	1,602	1,851	1,868	2,477	1,903
Prepaid Expenses	-	321	393	464	652	311
Other Current Assets	-1	1	12	5	8	14
Total Current Assets	5,972	5,902	9,232	9,935	11,411	7,998
Property, Plant & Equipment	5,038	4,454	5,156	6,433	6,825	6,509
Long-Term Investments	5,365	5,286	3,426	3,246	1,581	2,074
Goodwill	10,697	10,170	14,286	14,047	14,811	10,028
Other Intangible Assets	1,505	1,539	1,785	1,931	2,096	1,390
Long-Term Deferred Tax Assets	549	476	555	477	357	303
Other Long-Term Assets	-	58	96	60	94	83
Total Assets	29,126	27,885	34,536	36,129	37,175	28,385

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	-	1,348	2,676	2,803	2,916	2,430
Accrued Expenses	-	1,418	1,955	1,437	1,377	1,003
Current Portion of Long-Term Debt	974	101	586	340	801	102
Current Portion of Leases	-	811	804	948	916	740
Current Income Taxes Payable	-	-	-	188	182	163
Current Unearned Revenue	-	272	2,398	2,407	1,750	723
Other Current Liabilities	3,551	730	1,969	1,628	1,613	1,316
Total Current Liabilities	4,525	4,680	10,388	9,751	9,555	6,477
Long-Term Debt	2,506	4,232	4,412	4,691	6,564	2,424
Long-Term Leases	3,960	2,770	3,201	4,450	4,754	4,767
Long-Term Unearned Revenue	-	4	4	6	7	6
Pension & Post-Retirement Benefits	73	64	68	65	60	76
Long-Term Deferred Tax Liabilities	308	346	708	801	742	440
Other Long-Term Liabilities	249	355	1,003	1,914	1,705	868
Total Liabilities	11,621	12,451	19,784	21,678	23,387	15,058

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	15,109	1,031	1,031	1,029	1,027	1,023
Additional Paid-In Capital	-	439	439	421	408	431
Retained Earnings	-	12,451	10,869	11,123	10,740	10,703
Comprehensive Income & Other	-	-613	-69	-259	114	-217
Total Common Equity	15,109	13,308	12,270	12,314	12,289	11,940
Minority Interest	2,396	2,126	2,482	2,137	1,499	1,387
Shareholders' Equity	17,505	15,434	14,752	14,451	13,788	13,327
Total Liabilities & Equity	29,126	27,885	34,536	36,129	37,175	28,385

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	7,440	7,914	9,003	10,429	13,035	8,033
Net Cash (Debt)	-6,386	-6,776	-6,817	-8,069	-10,503	-5,803
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-19.50	-20.70	-20.83	-24.47	-32.17	-17.78
Filing Date Shares Outstanding	327.51	327.39	327.39	326.52	325.9	324.68
Total Common Shares Outstanding	327.51	327.39	327.39	326.52	325.9	324.68
Working Capital	1,447	1,222	-1,156	184	1,856	1,521
Book Value Per Share	46.13	40.65	37.48	37.71	37.71	36.78
Tangible Book Value	2,907	1,599	-3,801	-3,664	-4,618	522
Tangible Book Value Per Share	8.88	4.88	-11.61	-11.22	-14.17	1.61
Land	-	822	1,033	1,087	1,113	952
Machinery	-	3,370	3,928	3,778	3,480	2,988
Construction In Progress	-	189	91	51	211	211
Order Backlog	-	-	-	24,400	-	-

Data Source: S&P Global Market Intelligence Last updated: Oct 23, 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:

Oct 29, 2026

Data Sources Report a data error