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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	71.73	137.7	25.88	21.86	77.47	7.75
Cash & Short-Term Investments	71.73	137.7	25.88	21.86	77.47	7.75
Cash Growth	-60.41%	432.08%	18.39%	-71.78%	899.19%	153.61%
Accounts Receivable	25.15	28.54	28.79	26.14	20.95	18.77
Other Receivables	58	28.2	45.21	35.36	17.26	20.37
Receivables	83.16	56.74	74	61.5	38.2	39.14
Inventory	61.6	118.34	85.34	124.98	83.56	76.4
Other Current Assets	217.7	100.76	97.15	84.48	64.61	64.59
Total Current Assets	434.19	413.54	282.37	292.82	263.84	187.89
Property, Plant & Equipment	1,217	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	19.67	19.6	4.45	2.26	2.4	5.4
Total Assets	1,732	1,685	1,510	1,341	1,099	1,142
Accounts Payable	74.23	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	113.78	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	-	0.95	1.79	4.82	0.77	-
Current Unearned Revenue	5.29	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	193.3	146.93	132.46	254.08	231.86	193.44
Long-Term Debt	507.97	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	70.53	70.25	70.14	22.39	8.84	-
Long-Term Deferred Tax Liabilities	43.89	40.91	41.6	40.91	31.85	43.62
Other Long-Term Liabilities	0.69	4.11	5.55	13.23	26.08	52.6
Total Liabilities	816.38	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	842.72	756.5	657.21	621.52	490.55	448.37
Comprehensive Income & Other	-49.62	-48.86	-34.48	-33.06	-39.03	-40.56
Total Common Equity	915.56	819.1	722.2	683.06	530.13	483.48
Minority Interest	0.09	0.06	-	-	-	-
Shareholders' Equity	915.65	819.16	722.2	683.06	530.13	483.48
Total Liabilities & Equity	1,732	1,685	1,510	1,341	1,099	1,142
Total Debt	621.75	688.7	608.05	500.02	430.34	481.02
Net Cash (Debt)	-550.02	-550.99	-582.17	-478.16	-352.88	-473.27
Net Cash Per Share	-42.44	-44.00	-56.95	-46.97	-35.03	-47.17
Filing Date Shares Outstanding	12.23	12.24	11.15	9.46	7.86	7.57
Total Common Shares Outstanding	12.23	11.15	9.95	9.46	7.86	7.57
Working Capital	240.89	266.62	149.92	38.74	31.98	-5.55
Book Value Per Share	74.85	73.49	72.61	72.20	67.44	63.90
Tangible Book Value	899.48	803.01	706.11	666.98	514.05	467.39
Tangible Book Value Per Share	73.54	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.