FRA:5RF Balance Sheet

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

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Cash & Equivalents	1,011	892	584	712	490	635
Cash & Short-Term Investments	1,011	892	584	712	490	635
Cash Growth	27.65%	52.74%	-17.98%	45.31%	-22.84%	18.03%
Accounts Receivable	6,977	6,416	5,868	5,749	4,726	3,781
Other Receivables	761	644	650	488	373	322
Receivables	7,738	7,060	6,518	6,237	5,099	4,103
Inventory	6,902	7,249	8,003	9,043	5,514	3,692
Prepaid Expenses	213	205	169	240	71	56
Other Current Assets	-	-1	-	-1	1	-
Total Current Assets	15,864	15,405	15,274	16,231	11,175	8,486
Property, Plant & Equipment	6,985	7,171	7,015	6,787	5,765	5,380
Long-Term Investments	576	738	707	772	650	561
Goodwill	-	2,970	2,922	2,816	2,539	2,367
Other Intangible Assets	4,217	1,450	1,583	1,451	987	1,056
Long-Term Deferred Tax Assets	232	177	203	189	131	104
Other Long-Term Assets	226	76	41	48	72	38
Total Assets	28,100	28,123	27,896	28,445	21,488	17,994
Accounts Payable	7,803	5,787	5,421	6,563	4,659	3,479
Current Portion of Long-Term Debt	1,011	1,546	1,745	585	855	668
Current Portion of Leases	-	279	273	253	215	188
Current Income Taxes Payable	217	202	309	180	72	155
Current Unearned Revenue	325	-	-	292	151	96
Other Current Liabilities	385	2,239	2,233	2,318	1,610	1,360
Total Current Liabilities	9,741	10,053	9,981	10,191	7,562	5,946
Long-Term Debt	4,183	4,058	4,469	5,348	1,868	1,187
Long-Term Leases	915	561	620	494	516	555
Long-Term Unearned Revenue	-	42	45	54	59	63
Pension & Post-Retirement Benefits	75	78	78	48	88	130
Long-Term Deferred Tax Liabilities	540	503	488	480	372	357
Other Long-Term Liabilities	695	595	659	593	374	150
Total Liabilities	16,149	15,890	16,340	17,208	10,839	8,388
Common Stock	250	250	255	255	255	255
Retained Earnings	11,072	10,877	10,472	9,918	9,965	9,614
Comprehensive Income & Other	-284	152	-71	175	32	-263
Total Common Equity	11,038	11,279	10,656	10,348	10,252	9,606
Minority Interest	913	954	900	889	397	-
Shareholders' Equity	11,951	12,233	11,556	11,237	10,649	9,606
Total Liabilities & Equity	28,100	28,123	27,896	28,445	21,488	17,994
Total Debt	6,109	6,444	7,107	6,680	3,454	2,598
Net Cash (Debt)	-5,098	-5,552	-6,523	-5,968	-2,964	-1,963
Net Cash Per Share	-221.66	-238.52	-277.43	-252.24	-123.10	-81.80
Filing Date Shares Outstanding	22.82	23.03	23.46	23.42	23.97	23.98
Total Common Shares Outstanding	22.82	23.03	23.46	23.42	23.97	23.98
Working Capital	6,123	5,352	5,293	6,040	3,613	2,540
Book Value Per Share	483.80	489.75	454.18	441.89	427.72	400.60
Tangible Book Value	6,821	6,859	6,151	6,081	6,726	6,183
Tangible Book Value Per Share	298.96	297.83	262.17	259.67	280.61	257.85
Land	-	4,179	3,981	3,425	3,206	2,932
Machinery	-	8,442	7,873	7,327	6,625	6,208
Construction In Progress	-	823	668	1,268	604	270

Source: S&P Global Market Intelligence. Standard template. Financial Sources.