Thule Group AB (publ) (STO: THULE)

Thule 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	857	94	176	149	706	268
Cash & Short-Term Investments	857	94	176	149	706	268
Cash Growth	21.73%	-46.59%	18.12%	-78.90%	163.43%	44.09%
Accounts Receivable	906	844	752	894	777	727
Other Receivables	475	371	209	211	179	92
Receivables	1,381	1,215	961	1,105	956	819
Inventory	1,633	2,300	3,129	2,510	1,068	1,092
Prepaid Expenses	181	61	79	59	40	39
Other Current Assets	-	-1	-	-	-	-
Total Current Assets	4,052	3,669	4,345	3,823	2,770	2,218
Property, Plant & Equipment	2,196	2,122	2,007	1,479	1,033	1,023
Goodwill	4,971	4,857	4,962	4,518	4,256	4,620
Other Intangible Assets	42	30	37	38	40	44
Long-Term Deferred Tax Assets	305	281	320	326	342	376
Other Long-Term Assets	8	7	8	8	7	4
Total Assets	11,574	10,966	11,679	10,192	8,448	8,285
Accounts Payable	600	649	576	1,057	660	529
Accrued Expenses	545	224	283	308	227	167
Short-Term Debt	-	3	-	-	-	-
Current Portion of Long-Term Debt	7	34	28	14	34	12
Current Portion of Leases	86	99	79	66	53	53
Current Income Taxes Payable	262	78	114	165	145	14
Other Current Liabilities	663	388	513	593	484	368
Total Current Liabilities	2,163	1,475	1,593	2,203	1,603	1,143
Long-Term Debt	1,520	1,910	2,813	1,425	911	2,184
Long-Term Leases	132	128	170	134	149	164
Long-Term Deferred Tax Liabilities	406	399	393	370	309	259
Other Long-Term Liabilities	1	-	1	1	-1	-
Total Liabilities	4,459	4,117	5,126	4,377	3,195	3,955
Common Stock	7,115	1	1	1	1	1
Additional Paid-In Capital	-	2,923	2,644	2,648	2,649	2,365
Retained Earnings	-	3,206	3,107	3,114	2,953	1,794
Comprehensive Income & Other	-	719	801	52	-350	170
Total Common Equity	7,115	6,849	6,553	5,815	5,253	4,330
Shareholders' Equity	7,115	6,849	6,553	5,815	5,253	4,330
Total Liabilities & Equity	11,574	10,966	11,679	10,192	8,448	8,285
Total Debt	1,745	2,174	3,090	1,639	1,147	2,413
Net Cash (Debt)	-888	-2,080	-2,914	-1,490	-441	-2,145
Net Cash Per Share	-8.40	-19.76	-27.71	-14.11	-4.24	-20.75
Filing Date Shares Outstanding	105.73	105.73	104.56	104.56	104.56	103.21
Total Common Shares Outstanding	105.73	105.73	104.56	104.56	104.56	103.21
Working Capital	1,889	2,194	2,752	1,620	1,167	1,075
Book Value Per Share	67.29	64.78	62.67	55.61	50.24	41.95
Tangible Book Value	2,102	1,962	1,554	1,259	957	-334
Tangible Book Value Per Share	19.88	18.56	14.86	12.04	9.15	-3.24
Buildings	-	1,306	1,248	916	635	646
Machinery	-	1,527	1,328	1,034	867	912
Construction In Progress	-	167	198	202	127	60

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