Bavarian Nordic A/S (CPH: BAVA)

Bavarian Nordic Balance Sheet

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	996.69	1,477	575.41	591.82	285.49	297.55
Trading Asset Securities	875.58	390.25	2,270	3,125	1,384	174.82
Cash & Short-Term Investments	1,872	1,867	2,845	3,717	1,670	472.36
Cash Growth	24.16%	-34.36%	-23.45%	122.60%	253.46%	-79.62%
Accounts Receivable	1,027	1,778	523.15	381.62	139.29	43.41
Other Receivables	36.8	49.33	11.37	66.33	36.73	25.62
Receivables	1,064	1,827	534.51	447.95	176.02	69.03
Inventory	2,185	1,644	919.07	480.04	521.08	100.76
Prepaid Expenses	38.8	18.51	153.93	108.84	13.73	9.19
Other Current Assets	29.9	45.89	31.89	0.19	0.61	3.53
Total Current Assets	5,190	5,403	4,485	4,754	2,381	654.87
Property, Plant & Equipment	2,312	2,453	1,751	1,489	1,083	906.49
Other Intangible Assets	6,419	6,482	5,943	5,804	5,291	5,484
Other Long-Term Assets	28.35	15.74	212.62	43.16	4.12	1.45
Total Assets	13,949	14,353	12,391	12,089	8,759	7,047
Accounts Payable	672.78	954.14	605.93	263.61	345.32	112.09
Accrued Expenses	241.27	260.04	140.49	68.49	119.2	77.43
Short-Term Debt	-	-	1,104	872.2	-	1,373
Current Portion of Long-Term Debt	1.91	1.91	10.22	2.88	3.59	3.41
Current Portion of Leases	35.74	44.63	24.49	21.27	20.42	13.85
Current Income Taxes Payable	6.69	7.21	6.34	3.74	0.5	-
Current Unearned Revenue	186.25	-	-	16.9	74.35	6.63
Other Current Liabilities	1,935	1,520	396.22	659.47	388.94	460.87
Total Current Liabilities	3,079	2,788	2,287	1,909	952.31	2,047
Long-Term Debt	13.7	15.14	17.01	18.9	393.27	395.44
Long-Term Leases	62.95	83.62	45.83	57.55	54.2	47.55
Long-Term Deferred Tax Liabilities	28.53	29.07	-	-	-	-
Other Long-Term Liabilities	-	1,017	2,891	2,730	2,465	2,691
Total Liabilities	3,264	4,013	5,241	4,715	3,865	5,182
Common Stock	788.33	780.98	707.35	704.68	584.5	323.89
Retained Earnings	9,672	9,330	6,301	6,589	4,246	1,460
Treasury Stock	-2.84	-1.54	-1.46	-1.11	-1.08	-0.68
Comprehensive Income & Other	227.24	230.49	143.52	82.19	64.57	82.24
Shareholders' Equity	10,685	10,340	7,150	7,375	4,894	1,865
Total Liabilities & Equity	13,949	14,353	12,391	12,089	8,759	7,047
Total Debt	114.3	145.3	1,201	972.79	471.48	1,833
Net Cash (Debt)	1,758	1,722	1,644	2,744	1,198	-1,361
Net Cash Growth	25.40%	4.76%	-40.09%	129.01%	-	-
Net Cash Per Share	22.41	22.45	23.35	43.48	22.17	-42.16
Filing Date Shares Outstanding	78.32	77.94	70.59	70.36	58.34	32.32
Total Common Shares Outstanding	78.32	77.94	70.59	70.36	58.34	32.32
Working Capital	2,111	2,615	2,197	2,845	1,429	-1,392
Book Value Per Share	136.42	132.66	101.29	104.82	83.89	57.72
Tangible Book Value	4,266	3,858	1,207	1,571	-396.4	-3,619
Tangible Book Value Per Share	54.47	49.50	17.10	22.32	-6.79	-111.97
Land	-	1,268	858.54	546.77	548.29	322.5
Machinery	-	1,536	1,140	736.47	779.44	392.25
Construction In Progress	-	206.72	196.13	578.71	213.31	618.1
Leasehold Improvements	-	47.04	40.24	22.29	14.4	11.11

Source: S&P Capital IQ. Standard template. Financial Sources.