Bavarian Nordic A/S (BVNKF)

Bavarian Nordic 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	1,623	1,477	575.41	591.82	285.49
Trading Asset Securities	552.24	391.35	2,270	3,125	1,384
Cash & Short-Term Investments	2,176	1,869	2,845	3,717	1,670
Cash Growth	16.44%	-34.32%	-23.45%	122.60%	253.46%
Accounts Receivable	1,176	1,778	523.15	381.62	139.29
Other Receivables	43.9	49.33	11.37	66.33	36.73
Receivables	1,220	1,827	534.51	447.95	176.02
Inventory	2,327	1,644	919.07	480.04	521.08
Prepaid Expenses	64.32	18.51	153.93	108.84	13.73
Other Current Assets	-	44.78	31.89	0.19	0.61
Total Current Assets	5,787	5,403	4,485	4,754	2,381
Property, Plant & Equipment	2,242	2,453	1,751	1,489	1,083
Other Intangible Assets	6,331	6,482	5,943	5,804	5,291
Other Long-Term Assets	45.51	15.74	212.62	43.16	4.12
Total Assets	14,406	14,353	12,391	12,089	8,759
Accounts Payable	1,045	954.14	605.93	263.61	345.32
Accrued Expenses	280.98	260.04	140.49	68.49	119.2
Short-Term Debt	-	-	1,104	872.2	-
Current Portion of Long-Term Debt	31.98	1.91	10.22	2.88	3.59
Current Portion of Leases	39.47	44.63	24.49	21.27	20.42
Current Income Taxes Payable	-	7.21	6.34	3.74	0.5
Current Unearned Revenue	131.41	-	-	16.9	74.35
Other Current Liabilities	1,268	1,520	396.22	659.47	388.94
Total Current Liabilities	2,797	2,788	2,287	1,909	952.31
Long-Term Debt	13.05	15.14	17.01	18.9	393.27
Long-Term Leases	73.65	83.62	45.83	57.55	54.2
Long-Term Deferred Tax Liabilities	-	29.07	-	-	-
Other Long-Term Liabilities	-	1,017	2,891	2,730	2,465
Total Liabilities	2,997	4,013	5,241	4,715	3,865
Common Stock	788.55	780.98	707.35	704.68	584.5
Retained Earnings	10,434	9,330	6,301	6,589	4,246
Treasury Stock	-2.84	-1.54	-1.46	-1.11	-1.08
Comprehensive Income & Other	188.66	230.49	143.52	82.19	64.57
Shareholders' Equity	11,409	10,340	7,150	7,375	4,894
Total Liabilities & Equity	14,406	14,353	12,391	12,089	8,759
Total Debt	158.15	145.3	1,201	972.79	471.48
Net Cash (Debt)	2,018	1,723	1,644	2,744	1,198
Net Cash Growth	17.08%	4.83%	-40.09%	129.01%	-
Net Cash Per Share	25.83	22.46	23.35	43.48	22.17
Filing Date Shares Outstanding	78.57	77.94	70.59	70.36	58.34
Total Common Shares Outstanding	78.57	77.94	70.59	70.36	58.34
Working Capital	2,990	2,615	2,197	2,845	1,429
Book Value Per Share	145.20	132.66	101.29	104.82	83.89
Tangible Book Value	5,078	3,858	1,207	1,571	-396.4
Tangible Book Value Per Share	64.63	49.50	17.10	22.32	-6.79
Land	1,274	1,268	858.54	546.77	548.29
Machinery	1,636	1,536	1,140	736.47	779.44
Construction In Progress	159.66	206.72	196.13	578.71	213.31
Leasehold Improvements	47.39	47.04	40.24	22.29	14.4

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