Bavarian Nordic A/S (CPH: BAVA)

Bavarian Nordic Balance Sheet

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

Fiscal Year	TTM	2023	2022	2021	2020	2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	816.4	1,477	575.41	591.82	285.49	297.55
Trading Asset Securities	1,421	390.25	2,270	3,125	1,384	174.82
Cash & Short-Term Investments	2,237	1,867	2,845	3,717	1,670	472.36
Cash Growth	61.35%	-34.36%	-23.45%	122.60%	253.46%	-79.62%
Accounts Receivable	1,060	1,778	523.15	381.62	139.29	43.41
Other Receivables	41.83	49.33	11.37	66.33	36.73	25.62
Receivables	1,102	1,827	534.51	447.95	176.02	69.03
Inventory	1,993	1,644	919.07	480.04	521.08	100.76
Prepaid Expenses	54.66	18.51	153.93	108.84	13.73	9.19
Other Current Assets	4.25	45.89	31.89	0.19	0.61	3.53
Total Current Assets	5,391	5,403	4,485	4,754	2,381	654.87
Property, Plant & Equipment	2,354	2,453	1,751	1,489	1,083	906.49
Other Intangible Assets	6,507	6,482	5,943	5,804	5,291	5,484
Other Long-Term Assets	22.76	15.74	212.62	43.16	4.12	1.45
Total Assets	14,274	14,353	12,391	12,089	8,759	7,047
Accounts Payable	1,125	954.14	605.93	263.61	345.32	112.09
Accrued Expenses	220.87	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	39.97	44.63	24.49	21.27	20.42	13.85
Current Income Taxes Payable	6.93	7.21	6.34	3.74	0.5	-
Current Unearned Revenue	0.04	-	-	16.9	74.35	6.63
Other Current Liabilities	2,255	1,520	396.22	659.47	388.94	460.87
Total Current Liabilities	3,649	2,788	2,287	1,909	952.31	2,047
Long-Term Debt	14.19	15.14	17.01	18.9	393.27	395.44
Long-Term Leases	68.54	83.62	45.83	57.55	54.2	47.55
Long-Term Deferred Tax Liabilities	27.96	29.07	-	-	-	-
Other Long-Term Liabilities	-	1,017	2,891	2,730	2,465	2,691
Total Liabilities	3,838	4,013	5,241	4,715	3,865	5,182
Common Stock	781.17	780.98	707.35	704.68	584.5	323.89
Retained Earnings	9,461	9,330	6,301	6,589	4,246	1,460
Treasury Stock	-2.84	-1.54	-1.46	-1.11	-1.08	-0.68
Comprensive Income & Other	197.26	230.49	143.52	82.19	64.57	82.24
Shareholders' Equity	10,437	10,340	7,150	7,375	4,894	1,865
Total Liabilities & Equity	14,274	14,353	12,391	12,089	8,759	7,047
Total Debt	124.61	145.3	1,201	972.79	471.48	1,833
Net Cash (Debt)	2,113	1,722	1,644	2,744	1,198	-1,361
Net Cash Growth	67.02%	4.76%	-40.09%	129.01%	-	-
Net Cash Per Share	27.09	22.45	23.35	43.48	22.17	-42.16
Filing Date Shares Outstanding	79.13	77.94	70.59	70.36	58.34	32.32
Total Common Shares Outstanding	79.13	77.94	70.59	70.36	58.34	32.32
Working Capital	1,741	2,615	2,197	2,845	1,429	-1,392
Book Value Per Share	131.89	132.66	101.29	104.82	83.89	57.72
Tangible Book Value	3,930	3,858	1,207	1,571	-396.4	-3,619
Tangible Book Value Per Share	49.66	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.