P/F Bakkafrost (OSL: BAKKA)

P/F Bakkafrost 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	839.22	411.67	719.6	509.16	466.94	1,310
Cash & Short-Term Investments	839.22	411.67	719.6	509.16	466.94	1,310
Cash Growth	126.57%	-42.79%	41.33%	9.04%	-64.34%	313.24%
Accounts Receivable	729.19	850.34	808.76	620.32	490.08	625.99
Other Receivables	127.43	150.14	168.27	281.91	133.57	45.52
Receivables	856.62	1,000	977.03	902.23	623.65	671.51
Inventory	3,322	4,484	4,013	3,158	2,893	2,450
Other Current Assets	-	0.37	7.47	-	-	-
Total Current Assets	5,018	5,897	5,717	4,569	3,984	4,431
Property, Plant & Equipment	6,924	6,634	6,086	5,191	4,574	4,113
Long-Term Investments	288.91	288.7	234.21	149.23	122.46	119.08
Goodwill	-	581.05	580.42	667.17	664.84	567.13
Other Intangible Assets	4,515	3,928	3,928	3,829	3,829	3,829
Long-Term Deferred Tax Assets	512.87	512.49	336.02	215.25	26.93	37.59
Other Long-Term Assets	-	-	-	-	-	4.42
Total Assets	17,259	17,841	16,882	14,628	13,208	13,101
Accounts Payable	761.96	387.62	478.75	510.36	563.86	584.44
Current Portion of Long-Term Debt	-	-	-	-	3.5	2.01
Current Portion of Leases	63.62	65.85	106.22	87.67	131.34	107.81
Current Income Taxes Payable	-	210.37	237.78	171	37.42	195.48
Other Current Liabilities	6.06	83.2	100.5	37.64	34.1	35.22
Total Current Liabilities	831.64	747.03	923.24	806.66	770.21	924.95
Long-Term Debt	3,549	3,944	3,383	2,635	2,221	2,327
Long-Term Leases	260.72	331.12	353.36	245.75	265.24	225.59
Long-Term Deferred Tax Liabilities	1,964	1,953	1,826	1,590	1,222	1,124
Other Long-Term Liabilities	-	-	-	3.21	0.24	2.97
Total Liabilities	6,606	6,975	6,486	5,281	4,479	4,605
Common Stock	59.31	59.23	59.14	59.14	59.14	59.14
Additional Paid-In Capital	4,059	4,027	4,027	4,027	4,027	4,027
Retained Earnings	6,333	5,945	5,397	4,633	4,509	4,012
Treasury Stock	-17.05	-8.48	-18.51	-26.77	-37.67	-0.07
Comprehensive Income & Other	223.5	840.16	927.53	654.87	171.33	230.76
Total Common Equity	10,657	10,863	10,392	9,347	8,729	8,329
Minority Interest	-4.45	3.06	3.41	0.13	-	167.62
Shareholders' Equity	10,653	10,866	10,396	9,348	8,729	8,497
Total Liabilities & Equity	17,259	17,841	16,882	14,628	13,208	13,101
Total Debt	3,874	4,341	3,843	2,968	2,621	2,663
Net Cash (Debt)	-3,035	-3,930	-3,123	-2,459	-2,154	-1,353
Net Cash Per Share	-51.21	-66.41	-52.86	-41.64	-36.45	-26.21
Filing Date Shares Outstanding	59.26	59.21	59.1	59.08	59.04	59.14
Total Common Shares Outstanding	59.26	59.21	59.1	59.08	59.04	59.14
Working Capital	4,186	5,150	4,794	3,762	3,213	3,506
Book Value Per Share	179.83	183.46	175.85	158.23	147.85	140.83
Tangible Book Value	6,142	6,353	5,884	4,852	4,236	3,934
Tangible Book Value Per Share	103.64	107.30	99.56	82.13	71.74	66.51
Land	-	2,484	2,112	2,119	1,937	1,492
Machinery	-	5,622	5,096	4,321	3,604	3,097
Construction In Progress	-	1,201	1,115	782.55	387.95	633.68

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