CADELER A/S financials

Also U.S.-listed. CADELER A/S is also a foreign private issuer filing with the U.S. SEC. View its EDGAR financials: CDLR — Cadeler A/S

CADELER A/S

Country: DK Reporting currency: EUR Latest annual report: 2025-12-31
LEI: 9845008439EUED140282 ISIN: DK0061412772
Source filing ↗
Financial statements (EUR, as reported — unscaled; 85 line items across 3 annual periods)
Line item 202520242023
Income statement
Revenue €620.4M€248.7M€108.6M
Cost of sales €236.8M€124.2M€59.9M
Gross profit €383.6M€124.5M€48.8M
Administrative expenses €74.6M€57.1M€34.5M
Operating profit (EBIT) €317.7M€69.4M€14.4M
Finance costs €37.4M€7.2M€4.5M
Profit before tax €287.9M€67.5M€11.5M
Income tax expense €7.7M€2.4M€0
Profit for the year €280.2M€65.1M€11.5M
— attributable to owners €280.2M€65.1M€11.5M
Total comprehensive income €266.9M€122.5M-€18.1M
Per share
Basic EPS €0.80€0.19€0.06
Diluted EPS €0.79€0.19€0.06
Free cash flow / share €-2.37€-1.53€-0.02
Cash flow statement
Net cash from operating activities €394.2M€93.1M€63.4M
Net cash from investing activities -€1.26B-€623.0M-€54.7M
Purchase of PP&E (capex) €1.24B€615.5M€66.9M
Purchase of intangibles €1.5M€410.0K€31.0K
Net cash from financing activities €967.7M€482.0M€70.3M
Proceeds from borrowings €1.31B€366.0M€199.9M
Repayments of borrowings €279.3M€10.6M€115.0M
Lease liability payments €2.1M€2.0M€569.0K
Net change in cash €97.7M-€47.9M€78.9M
Balance sheet
Total assets €3.42B€1.94B€1.25B
Non-current assets €3.03B€1.76B€1.11B
Property, plant & equipment €2.94B€1.71B€1.09B
Right-of-use assets €12.6M€10.3M€973.0K
Intangible assets & goodwill €19.4M€18.2M€16.9M
Current assets €390.0M€181.4M€147.4M
Inventories €3.5M€1.0M€1.8M
Cash & equivalents €151.7M€51.3M€96.6M
Total equity €1.50B€1.23B€959.0M
Non-current liabilities €1.56B€579.5M€239.9M
Lease liabilities (non-current) €12.5M€9.7M€392.0K
Current liabilities €351.1M€123.6M€53.6M
Lease liabilities (current) €1.1M€1.3M€601.0K
Trade & other payables €98.2M€43.6M€32.6M
Deferred tax liabilities €13.3M€12.0M€10.2M
Derived metrics
Free cash flow -€841.5M-€522.4M-€3.5M
Operating margin 51.2%27.9%13.3%
Net margin 45.2%26.2%10.6%
Return on equity 18.6%5.3%1.2%
Cash conversion ratio 1.41×1.43×5.51×
Capex coverage 0.32×0.15×0.95×
Other reported items
Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital €132.4M€60.1M€31.7M
Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities €0€0€10.4M
Comprehensive Income Attributable To Owners of Parent €266.9M€122.5M-€18.1M
Current Contract Assets €81.9M€37.6M€8.9M
Current Derivative Financial Assets €263.0K€11.9M€0
Current Derivative Financial Liabilities €3.1M€209.0K€4.0M
Current Provisions €0€841.0K€2.1M
Current Tax Assets Current €0€0€12.0K
Current Tax Liabilities Current €3.6M€752.0K€1.2M
Effect of Exchange Rate Changes On Cash and Cash Equivalents €2.7M€2.5M-€1.3M
Equity and Liabilities €3.42B€1.94B€1.25B
Finance Income €7.5M€5.2M€1.5M
Gains Losses On Cash Flow Hedges Net of Tax -€5.0M€13.1M-€18.5M
Income Taxes Paid Refund Classified As Operating Activities €3.5M€1.7M-€2.0K
Increase Decrease In Working Capital €16.6M€33.6M-€20.2M
Increase Decrease Through Sharebased Payment Transactions €2.1M€1.7M€1.1M
Interest Paid Classified As Financing Activities €56.5M€19.7M€7.1M
Interest Received Classified As Operating Activities €1.7M€3.3M€0
Issue of Equity €154.9M€465.5M
Issued Capital €47.1M€47.1M€41.8M
Liabilities €1.91B€703.1M€293.5M
Longterm Deposits €1.1M€1.0M€1.2M
Noncurrent Derivative Financial Assets €2.4M€6.6M€338.0K
Noncurrent Derivative Financial Liabilities €10.7M€16.2M€18.0M
Noncurrent Provisions €0€0€4.8M
Other Comprehensive Income -€13.3M€57.5M-€29.6M
Other Comprehensive Income Net of Tax Exchange Differences On Translation €0€34.1M-€6.7M
Other Noncurrent Assets €54.1M€7.2M€0
Other Operating Income Expense €8.8M€2.0M€137.0K
Other Reserves €18.4M€29.2M-€28.3M
Payments For Share Issue Costs €0€3.0M€7.0M
Prepayments €13.5M€16.6M€9.6M
Proceeds From Issuing Shares €0€155.0M€0
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities €0€0€1.8M
Purchase of Treasury Shares €1.7M€1.3M
Retained Earnings €341.6M€59.4M-€7.4M
Share Issue Related Cost €3.0M€7.0M
Share Premium €1.10B€1.10B€952.9M
Trade and Other Payables To Related Parties €272.0K€223.0K€162.0K
Trade and Other Receivables €139.0M€63.0M€30.6M
Treasury Shares €3.0M€1.3M€0
Methodology

Every line item above is a fact tagged in CADELER A/S's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (EUR), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.