Thule Group AB (publ) (STO:THULE)

Thule Group AB Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	405	94	176	149	706
Cash & Short-Term Investments	405	94	176	149	706
Cash Growth	330.85%	-46.59%	18.12%	-78.90%	163.43%
Accounts Receivable	764	844	752	894	777
Other Receivables	162	371	209	211	179
Receivables	926	1,215	961	1,105	956
Inventory	2,155	2,300	3,129	2,510	1,068
Prepaid Expenses	106	61	79	59	40
Other Current Assets	-	-1	-	-	-
Total Current Assets	3,592	3,669	4,345	3,823	2,770
Property, Plant & Equipment	2,339	2,122	2,007	1,479	1,033
Goodwill	-	4,857	4,962	4,518	4,256
Other Intangible Assets	8,651	30	37	38	40
Long-Term Deferred Tax Assets	359	281	320	326	342
Other Long-Term Assets	16	7	8	8	7
Total Assets	14,957	10,966	11,679	10,192	8,448
Accounts Payable	746	649	576	1,057	660
Accrued Expenses	676	224	283	308	227
Short-Term Debt	77	3	-	-	-
Current Portion of Long-Term Debt	-	34	28	14	34
Current Portion of Leases	-	99	79	66	53
Current Income Taxes Payable	-	78	114	165	145
Other Current Liabilities	184	388	513	593	484
Total Current Liabilities	1,683	1,475	1,593	2,203	1,603
Long-Term Debt	4,301	1,910	2,813	1,425	911
Long-Term Leases	-	128	170	134	149
Long-Term Deferred Tax Liabilities	666	399	393	370	309
Other Long-Term Liabilities	-	-	1	1	-1
Total Liabilities	6,862	4,117	5,126	4,377	3,195
Common Stock	8,095	1	1	1	1
Additional Paid-In Capital	-	2,923	2,644	2,648	2,649
Retained Earnings	-	3,206	3,107	3,114	2,953
Comprehensive Income & Other	-	719	801	52	-350
Shareholders' Equity	8,095	6,849	6,553	5,815	5,253
Total Liabilities & Equity	14,957	10,966	11,679	10,192	8,448
Total Debt	4,378	2,174	3,090	1,639	1,147
Net Cash (Debt)	-3,973	-2,080	-2,914	-1,490	-441
Net Cash Per Share	-37.50	-19.76	-27.71	-14.11	-4.24
Filing Date Shares Outstanding	107.84	105.73	104.56	104.56	104.56
Total Common Shares Outstanding	107.84	105.73	104.56	104.56	104.56
Working Capital	1,909	2,194	2,752	1,620	1,167
Book Value Per Share	75.07	64.78	62.67	55.61	50.24
Tangible Book Value	-556	1,962	1,554	1,259	957
Tangible Book Value Per Share	-5.16	18.56	14.86	12.04	9.15
Buildings	-	1,306	1,248	916	635
Machinery	-	1,527	1,328	1,034	867
Construction In Progress	-	167	198	202	127

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