NOTE AB (publ) (STO:NOTE)

NOTE AB Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	531	411.18	169.84	87.66	99.17	67.74
Cash & Short-Term Investments	531	411.18	169.84	87.66	99.17	67.74
Cash Growth	84.38%	142.10%	93.75%	-11.61%	46.41%	-6.72%
Accounts Receivable	836	856.28	875.84	872.39	675.08	338.28
Other Receivables	92	45.24	26.81	29.2	32.3	18.27
Receivables	928	901.51	902.65	901.59	707.38	356.56
Inventory	920	963.76	1,290	1,254	886.64	354.09
Prepaid Expenses	-	19.56	17.38	13.12	11.79	5.95
Other Current Assets	-	0.13	0.95	0.63	0.34	0.34
Total Current Assets	2,379	2,296	2,381	2,257	1,705	784.68
Property, Plant & Equipment	581	568.26	511.88	299.02	276.19	191.88
Goodwill	261	272.31	258.88	165.58	141.01	105.71
Other Intangible Assets	57	54.57	51.99	34.69	35.36	20.59
Long-Term Deferred Tax Assets	18	15.38	14.39	7.31	4.94	5.75
Other Long-Term Assets	1	1.1	2.09	2.22	0.97	0.63
Total Assets	3,297	3,208	3,220	2,765	2,164	1,109
Accounts Payable	598	534.19	602.79	686.26	594.32	246.43
Accrued Expenses	-	134.26	140.22	118.14	98.65	81.79
Short-Term Debt	-	316.19	412.21	350.92	261.46	24.84
Current Portion of Long-Term Debt	355	0.38	-	1.98	2.97	-
Current Portion of Leases	25	63.55	64.48	47.43	46.04	32.83
Current Income Taxes Payable	-	46.82	37.63	43.46	52.75	20.35
Other Current Liabilities	340	143.14	226.14	225.01	121.14	25.06
Total Current Liabilities	1,318	1,239	1,483	1,473	1,177	431.3
Long-Term Debt	142	-81.67	5.4	5.87	12.35	-
Long-Term Leases	112	331.69	271.24	146.8	146.15	95.34
Long-Term Deferred Tax Liabilities	80	80.78	63.9	41.01	27.72	14.96
Total Liabilities	1,652	1,569	1,824	1,667	1,364	541.61
Common Stock	1,645	15.01	15.01	15.01	14.81	14.7
Additional Paid-In Capital	-	252.03	246.95	246.95	235.49	229.48
Retained Earnings	-	1,281	1,099	778.97	524.73	330.66
Comprehensive Income & Other	-	90.82	35.23	57.56	25.24	-7.2
Shareholders' Equity	1,645	1,638	1,396	1,098	800.26	567.63
Total Liabilities & Equity	3,297	3,208	3,220	2,765	2,164	1,109
Total Debt	634	630.13	753.33	553	468.97	153.02
Net Cash (Debt)	-103	-218.95	-583.49	-465.35	-369.8	-85.28
Net Cash Per Share	-3.59	-7.60	-20.13	-16.06	-12.81	-2.99
Filing Date Shares Outstanding	28.48	28.98	28.98	28.98	28.58	28.37
Total Common Shares Outstanding	28.48	28.98	28.98	28.98	28.58	28.37
Working Capital	1,061	1,058	897.42	783.34	528	353.38
Book Value Per Share	57.75	56.53	48.17	37.90	28.00	20.01
Tangible Book Value	1,327	1,312	1,085	898.22	623.88	441.34
Tangible Book Value Per Share	46.59	45.25	37.44	30.99	21.83	15.56
Buildings	-	155.03	77.43	32.29	26.93	24.93
Machinery	-	655.93	589.74	444.52	389.78	329.46

Updated Jan 27, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.