Genmab A/S (CPH:GMAB)

Genmab 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	1,619	9,858	14,867	9,893	8,957	7,260
Short-Term Investments	-	11,243	13,268	12,431	10,381	8,819
Cash & Short-Term Investments	3,226	21,101	28,135	22,324	19,338	16,079
Cash Growth	-89.09%	-25.00%	26.03%	15.44%	20.27%	46.56%
Accounts Receivable	799	6,590	4,947	5,712	3,367	2,463
Other Receivables	-	101	-	182	31	249
Receivables	799	6,691	4,947	5,894	3,398	2,712
Inventory	12	62	57	-	-	-
Total Current Assets	4,037	27,854	33,139	28,218	22,736	18,791
Property, Plant & Equipment	271	1,891	1,641	1,322	975	736
Long-Term Investments	30	228	134	133	371	1,081
Goodwill	355	2,535	-	-	-	-
Other Intangible Assets	1,756	12,343	101	146	254	338
Long-Term Accounts Receivable	8	52	62	48	27	20
Long-Term Deferred Tax Assets	129	908	212	252	264	177
Total Assets	6,586	45,811	35,289	30,119	24,627	21,143
Accounts Payable	-	-	-	-	350	-
Accrued Expenses	-	-	-	-	296	-
Current Portion of Leases	14	92	90	74	62	42
Current Income Taxes Payable	229	1,710	54	-	-	-
Current Unearned Revenue	6	24	33	33	26	26
Other Current Liabilities	507	3,482	2,307	1,716	834	1,185
Total Current Liabilities	756	5,308	2,484	1,823	1,568	1,253
Long-Term Leases	129	937	680	523	363	277
Long-Term Unearned Revenue	70	480	480	480	487	487
Long-Term Deferred Tax Liabilities	330	2,359	-	-	-	-
Other Long-Term Liabilities	5	30	35	11	13	5
Total Liabilities	1,290	9,114	3,679	2,837	2,431	2,022
Common Stock	10	66	66	66	66	66
Additional Paid-In Capital	1,962	12,590	12,461	12,309	12,029	11,894
Retained Earnings	3,537	23,551	19,023	14,809	10,020	7,107
Comprehensive Income & Other	-213	490	60	98	81	54
Shareholders' Equity	5,296	36,697	31,610	27,282	22,196	19,121
Total Liabilities & Equity	6,586	45,811	35,289	30,119	24,627	21,143
Total Debt	143	1,029	770	597	425	319
Net Cash (Debt)	3,083	20,072	27,365	21,727	18,913	15,760
Net Cash Growth	-89.21%	-26.65%	25.95%	14.88%	20.01%	46.06%
Net Cash Per Share	47.95	310.55	415.16	329.15	286.36	239.20
Filing Date Shares Outstanding	63.34	63.54	65.33	65.37	65.43	65.41
Total Common Shares Outstanding	63.34	63.54	65.33	65.37	65.43	65.41
Working Capital	3,281	22,546	30,655	26,395	21,168	17,538
Book Value Per Share	83.61	577.54	483.85	417.34	339.23	292.31
Tangible Book Value	3,185	21,819	31,509	27,136	21,942	18,783
Tangible Book Value Per Share	50.28	343.39	482.30	415.10	335.35	287.14
Machinery	-	991	908	649	537	416
Construction In Progress	-	103	39	233	52	14
Leasehold Improvements	-	721	684	412	400	287

Updated Feb 12, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.