FirstFarms A/S (CPH:FFARMS)

FirstFarms Balance Sheet

Financials in millions DKK. 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	129.97	137.7	25.88	21.86	77.47	7.75
Cash & Short-Term Investments	129.97	137.7	25.88	21.86	77.47	7.75
Cash Growth	-35.88%	432.08%	18.39%	-71.78%	899.19%	153.61%
Accounts Receivable	28.45	28.54	28.79	26.14	20.95	18.77
Other Receivables	38.94	28.2	45.21	35.36	17.26	20.37
Receivables	67.39	56.74	74	61.5	38.2	39.14
Inventory	97.88	118.34	85.34	124.98	83.56	76.4
Other Current Assets	169.58	100.76	97.15	84.48	64.61	64.59
Total Current Assets	464.82	413.54	282.37	292.82	263.84	187.89
Property, Plant & Equipment	1,180	1,191	1,162	1,006	816.22	932.59
Long-Term Investments	45.06	45.06	45.06	24.2	-	-
Goodwill	16.08	16.08	16.08	16.08	16.08	16.08
Long-Term Deferred Tax Assets	19.61	19.6	4.45	2.26	2.4	5.4
Total Assets	1,726	1,685	1,510	1,341	1,099	1,142
Accounts Payable	76.75	32.02	29.48	34.05	20.65	16.65
Short-Term Debt	-	23.25	11.74	44.69	9.47	16.89
Current Portion of Long-Term Debt	100.54	46.98	44.56	112.79	137.23	83.7
Current Portion of Leases	-	14.91	14	14.72	13.85	11.61
Current Income Taxes Payable	0.27	0.95	1.79	4.82	0.77	-
Current Unearned Revenue	9.36	5.53	3.33	2.62	2.84	14.84
Other Current Liabilities	-	23.28	27.56	40.38	47.04	49.74
Total Current Liabilities	186.91	146.93	132.46	254.08	231.86	193.44
Long-Term Debt	522.4	544.79	480.12	277.65	219.46	323.62
Long-Term Leases	-	58.77	57.63	50.16	50.33	45.21
Long-Term Unearned Revenue	68.39	70.25	70.14	22.39	8.84	-
Long-Term Deferred Tax Liabilities	40.93	40.91	41.6	40.91	31.85	43.62
Other Long-Term Liabilities	4.28	4.11	5.55	13.23	26.08	52.6
Total Liabilities	822.91	865.74	787.49	658.43	568.41	658.48
Common Stock	122.46	111.46	99.46	94.6	78.61	75.67
Retained Earnings	829.11	756.5	657.21	621.52	490.55	448.37
Comprehensive Income & Other	-48.96	-48.86	-34.48	-33.06	-39.03	-40.56
Total Common Equity	902.61	819.1	722.2	683.06	530.13	483.48
Minority Interest	0.07	0.06	-	-	-	-
Shareholders' Equity	902.68	819.16	722.2	683.06	530.13	483.48
Total Liabilities & Equity	1,726	1,685	1,510	1,341	1,099	1,142
Total Debt	622.93	688.7	608.05	500.02	430.34	481.02
Net Cash (Debt)	-492.96	-550.99	-582.17	-478.16	-352.88	-473.27
Net Cash Per Share	-44.26	-44.00	-56.95	-46.97	-35.03	-47.17
Filing Date Shares Outstanding	9.43	12.24	11.15	9.46	7.86	7.57
Total Common Shares Outstanding	9.43	11.15	9.95	9.46	7.86	7.57
Working Capital	277.91	266.62	149.92	38.74	31.98	-5.55
Book Value Per Share	95.68	73.49	72.61	72.20	67.44	63.90
Tangible Book Value	886.53	803.01	706.11	666.98	514.05	467.39
Tangible Book Value Per Share	93.98	72.04	70.99	70.50	65.39	61.77
Land	-	447.22	427.69	465.51	436.47	536.74
Buildings	-	562.61	541.19	344.3	318.54	324.48
Machinery	-	376.29	334.17	278.28	217.07	214.31
Construction In Progress	-	39.89	54	142.71	37.49	27.06

Source: S&P Global Market Intelligence. Standard template. Financial Sources.