Bavarian Nordic A/S (CPH:BAVA)

Bavarian Nordic Balance Sheet

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	691.51	1,623	1,477	575.41	591.82	285.49
Trading Asset Securities	544.35	552.24	391.35	2,270	3,125	1,384
Cash & Short-Term Investments	1,236	2,176	1,869	2,845	3,717	1,670
Cash Growth	-46.10%	16.44%	-34.32%	-23.45%	122.60%	253.46%
Accounts Receivable	1,170	1,176	1,778	523.15	381.62	139.29
Other Receivables	40.95	43.9	49.33	11.37	66.33	36.73
Receivables	1,210	1,220	1,827	534.51	447.95	176.02
Inventory	2,469	2,327	1,644	919.07	480.04	521.08
Prepaid Expenses	131.11	64.32	18.51	153.93	108.84	13.73
Other Current Assets	31.21	-	44.78	31.89	0.19	0.61
Total Current Assets	5,078	5,787	5,403	4,485	4,754	2,381
Property, Plant & Equipment	2,181	2,242	2,453	1,751	1,489	1,083
Other Intangible Assets	6,238	6,331	6,482	5,943	5,804	5,291
Other Long-Term Assets	56.07	45.51	15.74	212.62	43.16	4.12
Total Assets	13,553	14,406	14,353	12,391	12,089	8,759
Accounts Payable	477.09	1,045	954.14	605.93	263.61	345.32
Accrued Expenses	220.17	280.98	260.04	140.49	68.49	119.2
Short-Term Debt	-	-	-	1,104	872.2	-
Current Portion of Long-Term Debt	2.07	2.07	1.91	10.22	2.88	3.59
Current Portion of Leases	37.91	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	119.63	131.41	-	-	16.9	74.35
Other Current Liabilities	950.52	1,298	1,520	396.22	659.47	388.94
Total Current Liabilities	1,807	2,797	2,788	2,287	1,909	952.31
Long-Term Debt	12.53	13.05	15.14	17.01	18.9	393.27
Long-Term Leases	64.44	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	1,997	2,997	4,013	5,241	4,715	3,865
Common Stock	788.55	788.55	780.98	707.35	704.68	584.5
Retained Earnings	10,516	10,434	9,330	6,301	6,589	4,246
Treasury Stock	-10.11	-2.84	-1.54	-1.46	-1.11	-1.08
Comprehensive Income & Other	262.33	188.66	230.49	143.52	82.19	64.57
Shareholders' Equity	11,556	11,409	10,340	7,150	7,375	4,894
Total Liabilities & Equity	13,553	14,406	14,353	12,391	12,089	8,759
Total Debt	116.96	128.25	145.3	1,201	972.79	471.48
Net Cash (Debt)	1,119	2,047	1,723	1,644	2,744	1,198
Net Cash Growth	-48.19%	18.81%	4.83%	-40.09%	129.01%	-
Net Cash Per Share	14.11	26.21	22.46	23.35	43.48	22.17
Filing Date Shares Outstanding	77.84	78.57	77.94	70.59	70.36	58.34
Total Common Shares Outstanding	77.84	78.57	77.94	70.59	70.36	58.34
Working Capital	3,271	2,990	2,615	2,197	2,845	1,429
Book Value Per Share	148.46	145.20	132.66	101.29	104.82	83.89
Tangible Book Value	5,319	5,078	3,858	1,207	1,571	-396.4
Tangible Book Value Per Share	68.33	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

Updated Mar 5, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.