AB K2 LT (VSE:K2LT)

AB K2 LT Balance Sheet

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.51	1.13	1.09	1.24	1.32
Short-Term Investments	4.53	-	-	-	-
Cash & Short-Term Investments	5.04	1.13	1.09	1.24	1.32
Cash Growth	345.48%	3.36%	-11.88%	-5.83%	111.09%
Accounts Receivable	0.54	0.1	0.13	0.1	0.08
Other Receivables	-	0.11	0.22	0.06	0
Receivables	0.54	0.21	0.34	0.16	0.08
Inventory	0.05	0.02	0.04	0.07	0.05
Total Current Assets	5.63	1.37	1.48	1.47	1.44
Property, Plant & Equipment	4.28	3.43	3.51	3.67	3.6
Long-Term Investments	-	0	0	0	0
Other Intangible Assets	0	-	-	-	-
Long-Term Deferred Tax Assets	0	0	0	0	0
Long-Term Deferred Charges	0.01	0.01	0.01	0.01	0.01
Other Long-Term Assets	0.04	1.15	0.58	0.02	0.01
Total Assets	9.96	5.95	5.68	5.48	5.41
Accounts Payable	0.1	0.07	0.04	0.05	0.07
Accrued Expenses	0.51	0.17	0.17	0.15	0.12
Current Portion of Long-Term Debt	-	-	-	0.09	0.26
Current Portion of Leases	0.03	0.03	0.01	0.01	0.01
Current Income Taxes Payable	0.03	0.11	0.1	-	0.11
Other Current Liabilities	0.01	0.01	0.01	0.02	0.02
Total Current Liabilities	0.68	0.39	0.33	0.32	0.59
Long-Term Debt	0.69	-	0.09	0.12	0.2
Long-Term Leases	0.05	0.05	0.02	0.02	-
Total Liabilities	1.42	0.43	0.44	0.46	0.8
Common Stock	0.31	0.31	0.31	0.31	0.31
Additional Paid-In Capital	1.51	1.51	1.51	1.51	1.51
Retained Earnings	6.71	3.69	3.41	3.19	2.78
Shareholders' Equity	8.53	5.52	5.24	5.01	4.61
Total Liabilities & Equity	9.96	5.95	5.68	5.48	5.41
Total Debt	0.77	0.08	0.11	0.25	0.47
Net Cash (Debt)	4.27	1.06	0.98	1	0.85
Net Cash Growth	304.10%	7.64%	-1.57%	17.63%	-
Net Cash Per Share	13.68	3.39	3.15	3.20	2.72
Filing Date Shares Outstanding	0.31	0.31	0.31	0.31	0.31
Total Common Shares Outstanding	0.31	0.31	0.31	0.31	0.31
Working Capital	4.95	0.98	1.14	1.15	0.85
Book Value Per Share	27.36	17.70	16.80	16.08	14.78
Tangible Book Value	8.53	5.52	5.24	5.01	4.61
Tangible Book Value Per Share	27.36	17.70	16.80	16.08	14.78
Land	0.61	0.6	0.6	0.6	0.44
Buildings	3.35	3.07	3.06	3.03	3.03
Machinery	2.06	1.62	1.48	1.47	1.35

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.