Demant A/S (LON:0RGT)

Demant Balance Sheet

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1,112	1,138	1,130	1,172	952
Cash & Short-Term Investments	1,112	1,138	1,130	1,172	952
Cash Growth	-2.28%	0.71%	-3.58%	23.11%	20.20%
Accounts Receivable	3,563	3,650	3,626	3,203	2,808
Other Receivables	732	802	672	635	615
Receivables	4,450	4,643	4,527	4,034	3,423
Inventory	2,500	2,845	2,904	2,366	1,968
Prepaid Expenses	435	415	394	308	263
Other Current Assets	1,424	343	1,067	6	81
Total Current Assets	9,921	9,384	10,022	7,886	6,687
Property, Plant & Equipment	5,574	5,409	4,857	4,356	3,986
Long-Term Investments	372	747	837	869	847
Goodwill	13,854	12,381	11,488	9,471	8,320
Other Intangible Assets	1,212	1,159	1,094	846	784
Long-Term Deferred Tax Assets	588	542	538	596	553
Other Long-Term Assets	410	447	455	342	750
Total Assets	32,450	30,546	29,857	24,860	21,927
Accounts Payable	658	799	865	808	802
Short-Term Debt	240	530	765	3,197	1,181
Current Portion of Long-Term Debt	183	1,067	5,833	3,225	2,431
Current Portion of Leases	667	641	614	511	456
Current Income Taxes Payable	603	578	311	267	131
Current Unearned Revenue	588	548	513	501	536
Other Current Liabilities	3,156	2,699	2,668	2,464	1,837
Total Current Liabilities	6,095	6,862	11,569	10,973	7,374
Long-Term Debt	12,487	10,171	6,098	2,795	3,499
Long-Term Leases	2,104	2,045	1,766	1,610	1,437
Long-Term Unearned Revenue	812	635	501	423	381
Long-Term Deferred Tax Liabilities	634	633	620	470	339
Other Long-Term Liabilities	554	747	650	415	375
Total Liabilities	22,806	21,208	21,295	16,879	13,648
Common Stock	44	45	46	48	48
Retained Earnings	9,410	9,292	8,371	7,975	8,561
Comprehensive Income & Other	110	-81	144	-46	-359
Total Common Equity	9,564	9,256	8,561	7,977	8,250
Minority Interest	80	82	1	4	29
Shareholders' Equity	9,644	9,338	8,562	7,981	8,279
Total Liabilities & Equity	32,450	30,546	29,857	24,860	21,927
Total Debt	15,681	14,454	15,076	11,338	9,004
Net Cash (Debt)	-14,569	-13,316	-13,946	-10,166	-8,052
Net Cash Per Share	-67.07	-59.68	-61.71	-43.29	-33.58
Filing Date Shares Outstanding	213.01	220.55	223.16	230.13	239.89
Total Common Shares Outstanding	213.01	220.55	223.16	230.13	239.89
Working Capital	3,826	2,522	-1,547	-3,087	-687
Book Value Per Share	44.90	41.97	38.36	34.66	34.39
Tangible Book Value	-5,502	-4,284	-4,021	-2,340	-854
Tangible Book Value Per Share	-25.83	-19.42	-18.02	-10.17	-3.56
Land	1,472	1,439	1,339	1,308	1,254
Machinery	2,696	2,522	2,572	2,412	2,083
Construction In Progress	198	225	220	127	181
Leasehold Improvements	1,812	1,574	1,391	1,133	973

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