Mendole Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023
Cash & Equivalents	4.23	4.43	10.45	1.82
Cash & Short-Term Investments	4.23	4.43	10.45	1.82
Cash Growth	132.04%	-57.63%	473.71%	-
Accounts Receivable	51.22	51.18	35.57	40.66
Other Receivables	3.72	4.27	4.6	1.36
Receivables	54.94	55.46	40.17	42.03
Inventory	2.21	2.02	1.73	1.8
Prepaid Expenses	2.26	1.25	2.05	0.37
Total Current Assets	63.99	63.15	54.4	46.03
Property, Plant & Equipment	7.53	7.44	3.53	4.91
Long-Term Investments	-	0.54	0.38	0.03
Goodwill	0.95	0.49	0.08	0.09
Other Intangible Assets	1.38	1.41	0.65	-
Other Long-Term Assets	0.54	-	-0	-
Total Assets	74.38	73.03	59.03	51.06
Accounts Payable	16.92	15.43	9.86	15.83
Short-Term Debt	12.77	11.19	9.81	9.45
Current Portion of Long-Term Debt	1.4	1.45	1.05	-
Current Portion of Leases	-	-	-	0.99
Current Income Taxes Payable	0.14	0.21	1.07	1.89
Current Unearned Revenue	-	3.31	0.77	1.41
Other Current Liabilities	17.75	13.17	18.05	9.25
Total Current Liabilities	48.98	44.76	40.62	38.82
Long-Term Leases	4.22	3.82	1.05	2.1
Long-Term Deferred Tax Liabilities	-	0.28	0.03	0.12
Other Long-Term Liabilities	10.09	10.09	13.59	2.98
Total Liabilities	63.29	58.96	55.29	44.02
Common Stock	0.54	0.53	0.4	0.04
Retained Earnings	10.56	13.54	3.33	7
Comprehensive Income & Other	-	-0	-	-
Shareholders' Equity	11.09	14.07	3.73	7.04
Total Liabilities & Equity	74.38	73.03	59.03	51.06
Total Debt	18.39	16.46	11.92	12.54
Net Cash (Debt)	-14.16	-12.04	-1.47	-10.72
Net Cash Per Share	-	-2.25	-0.37	-
Filing Date Shares Outstanding	-	5.35	5.35	-
Total Common Shares Outstanding	-	5.35	4.85	-
Working Capital	15.01	18.39	13.78	7.21
Book Value Per Share	-	2.63	0.77	-
Tangible Book Value	8.76	12.17	3.01	6.95
Tangible Book Value Per Share	-	2.27	0.62	-
Machinery	-	4.4	-	-
Leasehold Improvements	-	0.59	-	-