Thule Group AB Balance Sheet

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

Millions SEK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Cash & Equivalents	329	218	405	94	176	149
Cash & Short-Term Investments	329	218	405	94	176	149
Cash Growth	-16.50%	-46.17%	330.85%	-46.59%	18.12%	-78.90%
Accounts Receivable	1,246	713	764	706	723	872
Other Receivables	227	177	116	172	187	205
Total Trade Receivables	1,473	890	880	878	910	1,077
Inventory	1,997	1,876	2,155	2,300	3,129	2,510
Other Current Assets	270	219	152	398	130	87
Total Current Assets	4,069	3,202	3,592	3,669	4,345	3,823
Net Property, Plant & Equipment	2,478	2,405	2,339	2,122	2,007	1,479
Other Intangible Assets	8,085	7,793	8,651	4,887	4,999	4,556
Other Long-Term Assets	354	342	375	288	328	334
Total Assets	14,985	13,742	14,957	10,966	11,679	10,192
Accounts Payable	882	638	746	649	576	1,057
Accrued Expenses	598	523	625	513	631	716
Current Portion of Long-Term Debt	104	104	77	136	107	80
Other Current Liabilities	313	238	235	178	278	351
Total Current Liabilities	1,897	1,503	1,683	1,475	1,593	2,203
Long-Term Debt	4,423	4,170	4,301	2,038	2,983	1,559
Other Long-Term Liabilities	827	842	878	604	549	614
Total Long-Term Liabilities	5,250	5,012	5,178	2,642	3,533	2,174
Total Liabilities	7,147	6,514	6,862	4,117	5,126	4,377
Common Stock	-	1	1	1	1	1
Additional Paid-in Capital	-	3,699	3,690	2,923	2,644	2,648
Accumulated Other Comprehensive Income	-	-23	1,078	719	801	53
Retained Earnings	-	3,550	3,326	3,206	3,107	3,114
Total Common Shareholders' Equity	7,838	7,227	8,095	6,849	6,553	5,815
Shareholders' Equity	7,838	7,228	8,095	6,849	6,553	5,815
Total Liabilities & Equity	14,985	13,742	14,957	10,966	11,679	10,192
Total Debt	4,527	4,274	4,378	2,174	3,090	1,639
Net Cash (Debt)	-4,198	-4,056	-3,973	-2,080	-2,914	-1,490
Net Cash Per Share	-38.94	-37.61	-37.51	-19.76	-27.70	-14.11
Book Value	7,838	7,227	8,095	6,849	6,553	5,815
Book Value Per Share	72.71	67.02	76.43	65.06	62.30	55.08
Tangible Book Value	-247	-566	-556	1,962	1,554	1,259
Tangible Book Value Per Share	-2.29	-5.25	-5.25	18.64	14.77	11.93