Cadeler A/S (CDLR)

Cadeler Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	53.03	58.46	96.61	19.01	2.31	63.64
Cash & Short-Term Investments	53.03	58.46	96.61	19.01	2.31	63.64
Cash Growth	-43.01%	-39.48%	408.14%	723.74%	-96.37%	5019.55%
Accounts Receivable	265.84	89.29	36.27	37.63	19.27	6.95
Other Receivables	-	11.31	3.17	0.61	1.11	12.45
Receivables	265.84	100.6	39.44	38.25	20.37	19.4
Inventory	2.27	1.04	1.84	0.55	0.44	0.31
Prepaid Expenses	30.81	16.64	9.56	1.7	1.5	0.18
Other Current Assets	0.72	11.88	-	-	-	0.01
Total Current Assets	352.67	188.62	147.45	59.51	24.62	83.54
Property, Plant & Equipment	2,396	1,723	1,087	606.49	399.55	253.07
Long-Term Investments	0.92	-	0.34	3.01	-	-
Goodwill	-	17.76	16.71	-	-	-
Other Intangible Assets	19.11	0.43	0.24	0.42	0.4	-
Other Long-Term Assets	1.09	7.61	1.22	0.6	0.2	0.2
Total Assets	2,769	1,937	1,253	670.03	424.77	336.81
Accounts Payable	52.24	11.58	8.4	3.98	2.8	4.37
Accrued Expenses	-	-	-	-	-	5.38
Current Portion of Long-Term Debt	204.79	31.16	0.8	0.77	28.6	9.63
Current Portion of Leases	1.71	1.27	0.6	0.28	0.3	0.29
Current Income Taxes Payable	3.85	0.75	1.22	0.01	0.01	-
Current Unearned Revenue	79.98	45.59	12.1	1.83	15.19	3.07
Other Current Liabilities	15.27	33.29	30.49	4.93	6.97	2.9
Total Current Liabilities	357.84	123.65	53.62	11.8	53.86	25.63
Long-Term Debt	1,011	556.09	204.77	114.52	44.48	63.87
Long-Term Leases	10.13	9.7	0.39	-	0.21	0.51
Long-Term Unearned Revenue	8.34	1.75	1.78	1.33	0.97	5.74
Long-Term Deferred Tax Liabilities	11.97	11.97	10.19	-	-	-
Other Long-Term Liabilities	-0.32	-0.03	22.77	1.82	-	-
Total Liabilities	1,399	703.12	293.52	129.46	99.51	95.75
Common Stock	47.14	47.14	41.84	26.58	18.64	15.56
Additional Paid-In Capital	1,099	1,099	952.86	509.54	339.4	265.74
Retained Earnings	228.19	59.36	-7.37	3.11	-32.79	-40.24
Treasury Stock	-3	-1.28	-	-	-	-
Comprehensive Income & Other	-0.91	29.18	-28.28	1.34	-	-
Shareholders' Equity	1,371	1,234	959.04	540.57	325.26	241.06
Total Liabilities & Equity	2,769	1,937	1,253	670.03	424.77	336.81
Total Debt	1,227	598.22	206.57	115.57	73.58	74.29
Net Cash (Debt)	-1,174	-539.76	-109.96	-96.56	-71.27	-10.66
Net Cash Per Share	-3.34	-1.56	-0.54	-0.59	-0.54	-0.41
Filing Date Shares Outstanding	350.48	350.74	311.41	197.6	138.57	115.57
Total Common Shares Outstanding	350.48	350.74	311.41	197.6	138.57	115.57
Working Capital	-5.17	64.97	93.84	47.71	-29.24	57.91
Book Value Per Share	3.91	3.52	3.08	2.74	2.35	2.09
Tangible Book Value	1,352	1,216	942.09	540.15	324.85	241.06
Tangible Book Value Per Share	3.86	3.47	3.03	2.73	2.34	2.09
Machinery	1,801	1,088	576.47	292.08	260.67	256.46
Construction In Progress	712.99	736.61	571.75	356.16	158.73	-
Order Backlog	-	2,336	1,735	905	409	310

Updated Aug 26, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.

SEC Filings: 10-K · 10-Q