FirstFarms A/S (CPH:FFARMS)

FirstFarms 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Cash & Equivalents	1.79	137.7	25.88	21.86	77.47	7.75
Cash & Short-Term Investments	1.79	137.7	25.88	21.86	77.47	7.75
Cash Growth	-98.85%	432.08%	18.39%	-71.78%	899.19%	153.61%
Accounts Receivable	25.87	28.54	28.79	26.14	20.95	18.77
Other Receivables	61.52	28.2	45.21	35.36	17.26	20.37
Receivables	87.39	56.74	74	61.5	38.2	39.14
Inventory	141.14	118.34	85.34	124.98	83.56	76.4
Other Current Assets	134.35	100.76	97.15	84.48	64.61	64.59
Total Current Assets	364.68	413.54	282.37	292.82	263.84	187.89
Property, Plant & Equipment	1,202	1,191	1,162	1,006	816.22	932.59
Long-Term Investments	45.06	45.06	45.06	24.2	-	-
Goodwill	16.08	16.08	16.08	16.08	16.08	16.08
Long-Term Deferred Tax Assets	19.37	19.6	4.45	2.26	2.4	5.4
Total Assets	1,698	1,685	1,510	1,341	1,099	1,142
Accounts Payable	52.01	32.02	29.48	34.05	20.65	16.65
Short-Term Debt	-	23.25	11.74	44.69	9.47	16.89
Current Portion of Long-Term Debt	118.35	46.98	44.56	112.79	137.23	83.7
Current Portion of Leases	-	14.91	14	14.72	13.85	11.61
Current Income Taxes Payable	-	0.95	1.79	4.82	0.77	-
Current Unearned Revenue	6.54	5.53	3.33	2.62	2.84	14.84
Other Current Liabilities	-	23.28	27.56	40.38	47.04	49.74
Total Current Liabilities	176.9	146.93	132.46	254.08	231.86	193.44
Long-Term Debt	494.99	544.79	480.12	277.65	219.46	323.62
Long-Term Leases	-	58.77	57.63	50.16	50.33	45.21
Long-Term Unearned Revenue	69.74	70.25	70.14	22.39	8.84	-
Long-Term Deferred Tax Liabilities	41.7	40.91	41.6	40.91	31.85	43.62
Other Long-Term Liabilities	1.36	4.11	5.55	13.23	26.08	52.6
Total Liabilities	784.7	865.74	787.49	658.43	568.41	658.48
Common Stock	122.46	111.46	99.46	94.6	78.61	75.67
Retained Earnings	831.7	756.5	657.21	621.52	490.55	448.37
Comprehensive Income & Other	-41.45	-48.86	-34.48	-33.06	-39.03	-40.56
Total Common Equity	912.72	819.1	722.2	683.06	530.13	483.48
Minority Interest	0.13	0.06	-	-	-	-
Shareholders' Equity	912.85	819.16	722.2	683.06	530.13	483.48
Total Liabilities & Equity	1,698	1,685	1,510	1,341	1,099	1,142
Total Debt	613.34	688.7	608.05	500.02	430.34	481.02
Net Cash (Debt)	-611.55	-550.99	-582.17	-478.16	-352.88	-473.27
Net Cash Per Share	-40.23	-44.00	-56.95	-46.97	-35.03	-47.17
Filing Date Shares Outstanding	12.22	12.24	11.15	9.46	7.86	7.57
Total Common Shares Outstanding	12.22	11.15	9.95	9.46	7.86	7.57
Working Capital	187.77	266.62	149.92	38.74	31.98	-5.55
Book Value Per Share	74.68	73.49	72.61	72.20	67.44	63.90
Tangible Book Value	896.64	803.01	706.11	666.98	514.05	467.39
Tangible Book Value Per Share	73.36	72.04	70.99	70.50	65.39	61.77
Land	-	447.22	427.69	465.51	436.47	536.74
Buildings	-	562.61	541.19	344.3	318.54	324.48
Machinery	-	376.29	334.17	278.28	217.07	214.31
Construction In Progress	-	39.89	54	142.71	37.49	27.06

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