Litgrid AB (VSE:LGD1L)

Litgrid AB Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	0.06	4.4	0.11	0.63	0.5	1.82
Short-Term Investments	167.49	-	-	-	-	-
Accounts Receivable	58.93	61.24	49.99	26.91	63.64	60.66
Other Receivables	-	34.93	31.32	34.87	0.89	9.97
Inventory	0.11	0.07	0.06	0.04	0	0.01
Prepaid Expenses	-	0.24	0.26	1.88	1.62	1.13
Loans Receivable Current	-	156.07	265.47	167.08	232.01	43.59
Other Current Assets	42.71	5.86	5.84	33.38	35.96	5.36
Total Current Assets	269.29	262.79	353.06	264.8	334.62	122.54
Property, Plant & Equipment	579.89	530.4	450.37	400.51	367.31	342.56
Other Intangible Assets	4.57	4.2	4.01	4.94	5.48	4.95
Long-Term Investments	0.05	0.08	0.1	0.05	0.05	0.78
Long-Term Deferred Tax Assets	16.19	18.94	12.78	7.12	11.09	18.99
Total Assets	870	816.41	820.32	677.42	718.55	489.83

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	88.47	30.93	46.19	26.68	53.74	42.28
Accrued Expenses	-	20.7	20.8	7.43	14.35	15.69
Short-Term Debt	4.02	-	-	0.04	-	-
Current Portion of Long-Term Debt	-	4.03	6.18	6.14	6.14	14.23
Current Unearned Revenue	67.96	104.43	85.79	65.47	322.31	30.54
Current Portion of Leases	0.12	0.36	0.45	0.46	0.4	0.18
Current Income Taxes Payable	-	-	-	-	-	3.16
Other Current Liabilities	33.49	41.8	51.99	32.46	15.62	15.49
Total Current Liabilities	194.05	202.24	211.4	138.67	412.55	121.56
Long-Term Debt	16	18	22	28.14	34.29	51.45
Long-Term Leases	4.29	4.31	4.61	5.04	5.3	4.41
Long-Term Unearned Revenue	363.24	312.41	312.27	264.46	97.05	90.11
Other Long-Term Liabilities	13.17	11.98	11.85	2.42	2.38	0.78
Total Liabilities	590.76	548.94	562.13	438.73	551.57	268.32

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	146.26	146.26	146.26	146.26	146.26	146.26
Additional Paid-In Capital	8.58	8.58	8.58	8.58	8.58	8.58
Retained Earnings	54.35	93.68	82.53	60.53	12.15	66.67
Comprehensive Income & Other	70.06	18.96	20.83	23.32	-	-
Total Common Equity	279.24	267.48	258.2	238.69	166.98	221.51
Shareholders' Equity	279.24	267.48	258.2	238.69	166.98	221.51
Total Liabilities & Equity	870	816.41	820.32	677.42	718.55	489.83

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	24.43	26.7	33.24	39.82	46.13	70.27
Net Cash (Debt)	143.11	-22.3	-33.12	-39.19	-45.63	-68.45
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	0.28	-0.04	-0.07	-0.08	-0.09	-0.14
Filing Date Shares Outstanding	457	504.33	504.33	504.33	504.33	504.33
Total Common Shares Outstanding	457	504.33	504.33	504.33	504.33	504.33
Working Capital	75.24	60.56	141.66	126.12	-77.93	0.98
Book Value Per Share	0.61	0.53	0.51	0.47	0.33	0.44
Tangible Book Value	274.67	263.27	254.19	233.75	161.5	216.56
Tangible Book Value Per Share	0.60	0.52	0.50	0.46	0.32	0.43
Land	-	0.52	0.52	0.52	0.52	0.52
Buildings	-	431.86	356.48	388.02	359.77	353.69
Machinery	-	0.39	0.17	-	-	-
Construction In Progress	-	103	91.24	80.82	60.35	25.31

Data Source: S&P Global Market Intelligence Last updated: Jun 30, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Aug 8, 2026

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