Royal Unibrew A/S (CPH: RBREW)

Royal Unibrew 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Cash & Equivalents	73	57	214	86	81	72
Cash & Short-Term Investments	73	57	214	86	81	72
Cash Growth	-16.09%	-73.36%	148.84%	6.17%	12.50%	-50.40%
Accounts Receivable	2,136	1,777	1,360	1,123	600	701
Other Receivables	-	124	140	65	39	35
Receivables	2,136	1,901	1,500	1,188	639	736
Inventory	1,518	1,401	1,213	780	517	463
Prepaid Expenses	151	165	131	89	54	59
Total Current Assets	3,878	3,524	3,058	2,143	1,291	1,330
Property, Plant & Equipment	4,653	4,662	3,680	2,734	2,455	2,501
Long-Term Investments	93	47	108	168	143	138
Goodwill	-	5,216	3,985	3,031	2,283	2,335
Other Intangible Assets	9,476	4,253	3,573	2,830	2,125	2,181
Other Long-Term Assets	-	76	70	8	9	8
Total Assets	18,100	17,778	14,474	10,914	8,306	8,493
Accounts Payable	2,455	2,425	1,934	1,721	1,047	1,018
Accrued Expenses	-	940	852	746	494	341
Current Portion of Long-Term Debt	1,408	860	871	550	79	563
Current Portion of Leases	-	119	117	74	71	60
Current Income Taxes Payable	109	44	8	18	9	29
Other Current Liabilities	2,637	856	828	692	544	570
Total Current Liabilities	6,609	5,244	4,610	3,801	2,244	2,581
Long-Term Debt	4,045	5,074	3,433	2,812	2,042	1,991
Long-Term Leases	-	430	253	186	82	163
Long-Term Deferred Tax Liabilities	1,273	1,281	1,011	747	554	546
Other Long-Term Liabilities	1	1	9	26	52	105
Total Liabilities	11,928	12,030	9,316	7,572	4,974	5,386
Common Stock	100	100	100	98	99	100
Additional Paid-In Capital	-	1,573	1,573	753	761	773
Retained Earnings	4,672	4,129	3,491	2,513	2,493	2,251
Comprehensive Income & Other	1,400	-54	-6	-34	-45	-27
Total Common Equity	6,172	5,748	5,158	3,330	3,308	3,097
Minority Interest	-	-	-	12	24	10
Shareholders' Equity	6,172	5,748	5,158	3,342	3,332	3,107
Total Liabilities & Equity	18,100	17,778	14,474	10,914	8,306	8,493
Total Debt	5,453	6,483	4,674	3,622	2,274	2,777
Net Cash (Debt)	-5,380	-6,426	-4,460	-3,536	-2,193	-2,705
Net Cash Per Share	-107.21	-129.17	-91.10	-73.11	-44.64	-54.44
Filing Date Shares Outstanding	50.37	50.05	49.62	47.92	48.69	49.22
Total Common Shares Outstanding	50.37	50.05	49.62	47.92	48.69	49.22
Working Capital	-2,731	-1,720	-1,552	-1,658	-953	-1,251
Book Value Per Share	122.53	114.84	103.94	69.49	67.94	62.93
Tangible Book Value	-3,304	-3,721	-2,400	-2,531	-1,100	-1,419
Tangible Book Value Per Share	-65.59	-74.34	-48.36	-52.82	-22.59	-28.83
Land	-	2,632	2,375	1,929	1,851	1,850
Machinery	-	4,956	4,448	3,816	3,651	3,552
Construction In Progress	-	396	192	254	147	101

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