Arco Vara AS Balance Sheet

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

Millions EUR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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	2.07	2.78	1.72	1.47	3.43	1.86
Cash & Short-Term Investments	2.07	2.78	1.72	1.47	3.43	1.86
Cash Growth	49.13%	61.86%	16.85%	-57.05%	83.95%	-15.32%
Accounts Receivable	0.11	0.16	5.69	0.3	0.12	0.09
Other Receivables	0.01	0	-	0.01	0.04	0.03
Receivables	0.12	0.17	5.69	0.31	0.16	0.12
Inventory	83.28	74.13	29.17	27.64	22.51	15.76
Prepaid Expenses	1.26	6.25	-	5.49	4.23	3.58
Other Current Assets	-	-	-	-	9.05	-
Total Current Assets	86.73	83.33	36.58	34.91	39.38	21.33
Property, Plant & Equipment	0.52	0.55	0.62	0.22	0.28	0.15
Other Intangible Assets	0.03	0.04	0.05	0.02	0.05	0.09
Other Long-Term Assets	2.31	2.31	2.31	0.04	0.1	9.95
Total Assets	89.59	86.24	39.57	35.19	39.81	31.51
Accounts Payable	1.26	3.22	1.63	0.74	1.16	0.67
Accrued Expenses	-0.57	0.45	0.34	2.58	0.45	0.15
Short-Term Debt	-	-	0.06	1.15	0.16	0.39
Current Portion of Long-Term Debt	4.04	4.12	0.12	2.18	5.04	5.62
Current Portion of Leases	0.03	0.06	0.06	0.06	0.06	0.03
Current Income Taxes Payable	0.01	0.01	0	0	0	0.03
Current Unearned Revenue	2.78	4.02	2.16	0.56	1.93	1.4
Other Current Liabilities	0.97	1.22	0.48	0.22	0.13	0.12
Total Current Liabilities	8.51	13.09	4.85	7.48	8.94	8.41
Long-Term Debt	43.21	36.27	14.91	6.56	12.65	5.04
Long-Term Leases	0.01	0.01	0.07	0.13	0.18	0.11
Other Long-Term Liabilities	0.45	0.5	-	-	-	-
Total Liabilities	52.18	49.87	19.83	14.17	21.77	13.55
Common Stock	12.16	12.16	7.27	7.27	7.27	7.27
Additional Paid-In Capital	16.4	16.4	3.84	3.84	3.84	3.84
Retained Earnings	7.78	7.78	8.6	9.85	6.93	6.86
Comprehensive Income & Other	-1.1	0.03	0.03	0.06	-	-
Total Common Equity	35.23	36.36	19.74	21.02	18.04	17.96
Minority Interest	2.18	-	-	-	-	-
Shareholders' Equity	37.41	36.36	19.74	21.02	18.04	17.96
Total Liabilities & Equity	89.59	86.24	39.57	35.19	39.81	31.51
Total Debt	47.29	40.46	15.22	10.08	18.09	11.18
Net Cash (Debt)	-45.22	-37.68	-13.5	-8.61	-14.66	-9.32
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-2.17	-2.17	-1.30	-0.82	-1.40	-0.99
Filing Date Shares Outstanding	17.37	17.37	10.39	10.39	10.39	10.39
Total Common Shares Outstanding	17.37	17.37	10.39	10.39	10.39	10.39
Working Capital	78.22	70.24	31.73	27.42	30.44	12.91
Book Value Per Share	2.03	2.09	1.90	2.02	1.74	1.73
Tangible Book Value	35.2	36.32	19.69	20.99	17.99	17.88
Tangible Book Value Per Share	2.03	2.09	1.90	2.02	1.73	1.72
Land	-	0.47	0.47	0.29	0.29	0.14
Machinery	-	0.35	0.34	0.2	0.2	0.17