FirstFarms A/S (CPH: FFARMS)

FirstFarms 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	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	181.17	25.88	21.86	77.47	7.75	3.06
Cash & Short-Term Investments	181.17	25.88	21.86	77.47	7.75	3.06
Cash Growth	564.81%	18.39%	-71.78%	899.19%	153.61%	-15.74%
Accounts Receivable	38.63	28.79	26.14	20.95	18.77	22.3
Other Receivables	47.07	45.21	35.36	17.26	20.37	37.78
Receivables	85.69	74	61.5	38.2	39.14	60.08
Inventory	61.12	85.34	124.98	83.56	76.4	77.42
Other Current Assets	163.84	97.15	84.48	64.61	64.59	82.29
Total Current Assets	491.83	282.37	292.82	263.84	187.89	222.85
Property, Plant & Equipment	1,177	1,162	1,006	816.22	932.59	823.14
Long-Term Investments	45.06	45.06	24.2	-	-	-
Goodwill	16.08	16.08	16.08	16.08	16.08	16.08
Long-Term Deferred Tax Assets	3.89	4.45	2.26	2.4	5.4	10.05
Total Assets	1,734	1,510	1,341	1,099	1,142	1,072
Accounts Payable	77.87	29.48	34.05	20.65	16.65	26.65
Short-Term Debt	-	11.74	44.69	9.47	16.89	53.97
Current Portion of Long-Term Debt	103.35	44.56	112.79	137.23	83.7	82.61
Current Portion of Leases	-	14	14.72	13.85	11.61	17.81
Current Income Taxes Payable	0.36	1.79	4.82	0.77	-	1.79
Current Unearned Revenue	5.75	3.33	2.62	2.84	14.84	15.28
Other Current Liabilities	-	27.56	40.38	47.04	49.74	48.62
Total Current Liabilities	187.34	132.46	254.08	231.86	193.44	246.72
Long-Term Debt	611.42	480.12	277.65	219.46	323.62	302.77
Long-Term Leases	-	57.63	50.16	50.33	45.21	38.87
Long-Term Unearned Revenue	68.06	70.14	22.39	8.84	-	-
Long-Term Deferred Tax Liabilities	40.35	41.6	40.91	31.85	43.62	37.23
Other Long-Term Liabilities	5.71	5.55	13.23	26.08	52.6	54.22
Total Liabilities	912.88	787.49	658.43	568.41	658.48	679.8
Common Stock	111.46	99.46	94.6	78.61	75.67	63.18
Retained Earnings	747.81	657.21	621.52	490.55	448.37	359.57
Comprehensive Income & Other	-38.73	-34.48	-33.06	-39.03	-40.56	-30.44
Shareholders' Equity	821.03	722.2	683.06	530.13	483.48	392.32
Total Liabilities & Equity	1,734	1,510	1,341	1,099	1,142	1,072
Total Debt	714.78	608.05	500.02	430.34	481.02	496.01
Net Cash (Debt)	-533.6	-582.17	-478.16	-352.88	-473.27	-492.95
Net Cash Per Share	-49.29	-57.27	-46.97	-35.03	-47.17	-56.13
Filing Date Shares Outstanding	11.15	11.15	9.46	7.86	7.57	6.32
Total Common Shares Outstanding	11.15	9.95	9.46	7.86	7.57	6.32
Working Capital	304.49	149.92	38.74	31.98	-5.55	-23.87
Book Value Per Share	73.62	72.61	72.20	67.44	63.90	62.09
Tangible Book Value	804.46	706.11	666.98	514.05	467.39	376.23
Tangible Book Value Per Share	72.17	70.99	70.50	65.39	61.77	59.55
Land	-	474.45	465.51	436.47	536.74	430.62
Buildings	-	541.19	344.3	318.54	324.48	294.28
Machinery	-	334.17	278.28	217.07	214.31	210.57
Construction In Progress	-	54	142.71	37.49	27.06	29.99

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