FirstFarms A/S (CPH:FFARMS)

FirstFarms Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	15.62	12.06	137.7	25.88	21.86	77.47
Cash & Short-Term Investments	15.62	12.06	137.7	25.88	21.86	77.47
Cash Growth	-78.22%	-91.24%	432.08%	18.39%	-71.78%	899.19%
Accounts Receivable	29.63	23.4	28.54	28.79	26.14	20.95
Other Receivables	49.51	45.7	28.2	45.21	35.36	17.26
Receivables	79.14	69.1	56.74	74	61.5	38.2
Inventory	92.19	157.01	118.34	85.34	124.98	83.56
Other Current Assets	184.19	128.8	100.76	97.15	84.48	64.61
Total Current Assets	371.14	366.98	413.54	282.37	292.82	263.84
Property, Plant & Equipment	1,362	1,299	1,191	1,162	1,006	816.22
Long-Term Investments	45.22	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	25.76	17.23	19.6	4.45	2.26	2.4
Total Assets	1,820	1,745	1,685	1,510	1,341	1,099

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	81.07	32.13	32.02	29.48	34.05	20.65
Short-Term Debt	-	41.01	23.25	11.74	44.69	9.47
Current Portion of Long-Term Debt	163.53	52.1	46.98	44.56	112.79	137.23
Current Portion of Leases	-	14.89	14.91	14	14.72	13.85
Current Income Taxes Payable	0.01	0.5	0.95	1.79	4.82	0.77
Current Unearned Revenue	4.7	4.47	5.53	3.33	2.62	2.84
Other Current Liabilities	-	25.07	23.28	27.56	40.38	47.04
Total Current Liabilities	249.3	170.15	146.93	132.46	254.08	231.86
Long-Term Debt	544.15	452.77	544.79	480.12	277.65	219.46
Long-Term Leases	-	64.42	58.77	57.63	50.16	50.33
Long-Term Unearned Revenue	114.36	116.91	70.25	70.14	22.39	8.84
Long-Term Deferred Tax Liabilities	49.74	38.05	40.91	41.6	40.91	31.85
Other Long-Term Liabilities	2.33	3.25	4.11	5.55	13.23	26.08
Total Liabilities	959.88	845.54	865.74	787.49	658.43	568.41

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	122.46	122.46	111.46	99.46	94.6	78.61
Retained Earnings	768.55	817.26	756.5	657.21	621.52	490.55
Comprehensive Income & Other	-32.57	-41.18	-48.86	-34.48	-33.06	-39.03
Total Common Equity	858.45	898.55	819.1	722.2	683.06	530.13
Minority Interest	1.67	0.72	0.06	-	-	-
Shareholders' Equity	860.12	899.27	819.16	722.2	683.06	530.13
Total Liabilities & Equity	1,820	1,745	1,685	1,510	1,341	1,099

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	707.67	625.17	688.7	608.05	500.02	430.34
Net Cash (Debt)	-692.05	-613.11	-550.99	-582.17	-478.16	-352.88
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-56.49	-50.12	-49.43	-56.95	-46.97	-35.03
Filing Date Shares Outstanding	12.23	12.23	12.24	11.15	9.46	7.86
Total Common Shares Outstanding	12.23	12.23	11.15	9.95	9.46	7.86
Working Capital	121.84	196.83	266.62	149.92	38.74	31.98
Book Value Per Share	70.18	73.46	73.49	72.61	72.20	67.44
Tangible Book Value	842.37	882.47	803.01	706.11	666.98	514.05
Tangible Book Value Per Share	68.87	72.15	72.04	70.99	70.50	65.39
Land	-	461.81	447.22	427.69	465.51	436.47
Buildings	-	635.44	562.61	541.19	344.3	318.54
Machinery	-	433.16	376.29	334.17	278.28	217.07
Construction In Progress	-	57.41	39.89	54	142.71	37.49

Data Source: S&P Global Market Intelligence Last updated: Aug 26, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Sep 11, 2026

Data Sources Report a data error