Genmab Balance Sheet

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

Millions USD. 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	1,761	1,369	2,205	1,421	1,370	1,193
Short-Term Investments	-	1,561	1,968	1,786	1,588	1,449
Cash & Short-Term Investments	3,411	2,929	4,172	3,207	2,958	2,642
Cash Growth	31.69%	-29.79%	30.08%	8.44%	11.94%	60.38%
Accounts Receivable	1,046	914.84	733.63	820.69	515	404.77
Other Receivables	-	14.02	-	26.15	4.74	40.92
Receivables	1,046	928.86	733.63	846.84	519.75	445.69
Inventory	14	8.61	8.45	-	-	-
Total Current Assets	4,471	3,867	4,914	4,054	3,478	3,088
Property, Plant & Equipment	266	262.51	243.36	189.94	149.13	120.96
Long-Term Investments	36	31.65	19.87	19.11	56.75	177.65
Goodwill	355	351.91	-	-	-	-
Other Intangible Assets	1,748	1,713	14.98	20.98	38.85	55.55
Long-Term Accounts Receivable	9	7.22	9.19	6.9	4.13	3.29
Long-Term Deferred Tax Assets	127	126.05	31.44	36.21	40.38	29.09
Total Assets	7,021	6,360	5,233	4,327	3,767	3,475
Accounts Payable	-	-	-	-	53.53	-
Accrued Expenses	-	-	-	-	45.28	-
Current Portion of Leases	16	12.77	13.35	10.63	9.48	6.9
Current Income Taxes Payable	120	237.39	8.01	-	-	-
Current Unearned Revenue	3	3.33	4.89	4.74	3.98	4.27
Other Current Liabilities	602	483.38	342.12	246.55	127.57	194.75
Total Current Liabilities	741	736.87	368.37	261.93	239.84	205.92
Long-Term Leases	126	130.08	100.84	75.14	55.52	45.52
Long-Term Unearned Revenue	67	66.63	71.18	68.97	74.49	80.03
Long-Term Deferred Tax Liabilities	330	327.48	-	-	-	-
Other Long-Term Liabilities	6	4.16	5.19	1.58	1.99	0.82
Total Liabilities	1,270	1,265	545.59	407.62	371.84	332.3
Common Stock	10	9.16	9.79	9.48	10.1	10.85
Additional Paid-In Capital	1,913	1,748	1,848	1,769	1,840	1,955
Retained Earnings	4,032	3,269	2,821	2,128	1,533	1,168
Comprehensive Income & Other	-204	68.02	8.9	14.08	12.39	8.87
Shareholders' Equity	5,751	5,094	4,688	3,920	3,395	3,142
Total Liabilities & Equity	7,021	6,360	5,233	4,327	3,767	3,475
Total Debt	142	142.85	114.19	85.78	65.01	52.43
Net Cash (Debt)	3,269	2,786	4,058	3,122	2,893	2,590
Net Cash Growth	33.84%	-31.34%	30.00%	7.91%	11.69%	59.84%
Net Cash Per Share	51.83	43.11	61.57	47.29	43.80	39.31
Filing Date Shares Outstanding	61.57	63.54	65.33	65.37	65.43	65.41
Total Common Shares Outstanding	61.57	63.54	65.33	65.37	65.43	65.41
Working Capital	3,730	3,130	4,546	3,792	3,238	2,882
Book Value Per Share	93.41	80.18	71.75	59.96	51.89	48.04
Tangible Book Value	3,648	3,029	4,673	3,899	3,356	3,087
Tangible Book Value Per Share	59.25	47.67	71.52	59.64	51.29	47.19
Machinery	-	137.57	134.65	93.25	82.14	68.37
Construction In Progress	-	14.3	5.78	33.48	7.95	2.3
Leasehold Improvements	-	100.09	101.44	59.2	61.18	47.17

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