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	752	894
Other Receivables	313	248	162	371	209	211
Receivables	1,559	961	926	1,077	961	1,105
Inventory	1,997	1,876	2,155	2,300	3,129	2,510
Prepaid Expenses	184	148	106	199	79	59
Other Current Assets	-	-1	-	-1	-	-
Total Current Assets	4,069	3,202	3,592	3,669	4,345	3,823
Property, Plant & Equipment	2,478	2,405	2,339	2,122	2,007	1,479
Goodwill	6,947	6,718	7,417	4,857	4,962	4,518
Other Intangible Assets	1,138	1,075	1,234	30	37	38
Long-Term Deferred Tax Assets	341	329	359	281	320	326
Other Long-Term Assets	12	13	16	7	8	8
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	243	245	224	283	308
Short-Term Debt	-	-	1	3	-	-
Current Portion of Long-Term Debt	12	13	2	34	28	14
Current Portion of Leases	92	91	74	99	79	66
Current Income Taxes Payable	71	9	51	78	114	165
Other Current Liabilities	242	509	564	388	513	593
Total Current Liabilities	1,897	1,503	1,683	1,475	1,593	2,203
Long-Term Debt	4,209	3,974	4,151	1,910	2,813	1,425
Long-Term Leases	214	196	150	128	170	134
Pension & Post-Retirement Benefits	211	217	212	205	156	244
Long-Term Deferred Tax Liabilities	616	625	666	399	393	370
Other Long-Term Liabilities	-	-1	-	-	1	1
Total Liabilities	7,147	6,514	6,862	4,117	5,126	4,377
Common Stock	7,838	1	1	1	1	1
Additional Paid-In Capital	-	3,699	3,690	2,923	2,644	2,648
Retained Earnings	-	3,550	3,326	3,206	3,107	3,114
Comprehensive Income & Other	-	-22	1,078	719	801	52
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	-38.93	-37.61	-37.51	-19.76	-27.71	-14.11
Filing Date Shares Outstanding	107.84	107.84	107.84	105.73	104.56	104.56
Total Common Shares Outstanding	107.84	107.84	107.84	105.73	104.56	104.56
Working Capital	2,172	1,699	1,909	2,194	2,752	1,620
Book Value Per Share	72.68	67.03	75.07	64.78	62.67	55.61
Tangible Book Value	-247	-565	-556	1,962	1,554	1,259
Tangible Book Value Per Share	-2.29	-5.24	-5.16	18.56	14.86	12.04
Buildings	-	1,339	1,393	1,306	1,248	916
Machinery	-	1,885	1,865	1,527	1,328	1,034
Construction In Progress	-	292	152	167	198	202

Source: S&P Global Market Intelligence. Standard template. Financial Sources.