Balance Sheet

Assets

+197%

+271%

10Y

Currency: DKK

	Dec-2002	Dec-2003	Dec-2004	Dec-2005	Dec-2006	Dec-2007	Dec-2008	Dec-2009	Dec-2010	Dec-2011	Dec-2012	Dec-2013	Dec-2014	Dec-2015	Dec-2016	Dec-2017	Dec-2018	Dec-2019	Dec-2020	Dec-2021	Dec-2022	Dec-2023	Dec-2024	Dec-2025
Assets
Cash & Cash Equivalents	36	52	77	61	76	26	13	89	18	11	12	31	58	127	43	217	82	533	1 192	1 369	1 424	2 201	1 369	1 715
Cash Equivalents	36	52	77	61	76	26	13	89	18	11	12	31	58	127	43	217	82	533	1 192	1 369	1 424	2 201	1 369	1 715
Short-Term Investments	158	123	135	138	229	697	318	157	278	180	254	256	374	381	512	657	856	1 114	1 448	1 587	1 789	1 964	1 561	0
Total Receivables	2	5	4	9	7	43	30	20	12	11	24	25	17	25	138	103	204	449	445	520	848	732	929	1 152
Accounts Receivables	0	0	0	0	0	0	0	0	0	0	24	25	17	25	138	93	204	449	404	515	822	732	915	1 112
Other Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	9	0	0	41	5	26	0	14	40
Inventory	5	0	0	0	0	0	6	0	0	0	0	0	0	0	0	0	0	0	0	0	0	8	9	18
Other Current Assets	0	0	2	3	1	1	2	148	127	62	2	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Current Assets	201	180	217	210	314	767	369	413	434	264	293	312	449	534	693	977	1 142	2 096	3 084	3 476	4 062	4 906	3 867	2 885
PP&E Net	12	12	10	7	6	8	184	12	7	6	5	4	4	4	5	18	25	62	121	149	190	243	263	280
PP&E Gross	12	12	10	7	6	8	184	12	7	6	5	4	4	4	5	18	25	62	121	149	190	243	263	280
Accumulated Depreciation	8	15	17	18	22	19	33	23	25	26	22	21	20	19	19	22	23	28	43	56	71	100	116	157
Intangible Assets	9	6	2	0	0	0	0	0	0	0	0	0	10	28	26	20	72	71	55	39	21	15	1 714	9 123
Goodwill	0	0	0	0	0	0	59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	352	355
Note Receivable	0	0	1	0	0	0	0	2	1	2	2	1	1	1	0	1	1	2	3	4	7	9	7	22
Long-Term Investments	2	1	1	0	0	0	0	0	0	0	0	0	0	0	0	0	0	22	177	57	19	20	32	37
Other Long-Term Assets	0	0	0	0	0	0	0	1	2	1	1	1	1	1	18	48	59	21	29	40	36	31	126	171
Other Assets	0	0	0	0	0	0	59	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	352	355
Total Assets	224 N/A	199 -11%	232 +16%	218 -6%	320 +47%	775 +143%	612 -21%	427 -30%	446 +4%	272 -39%	300 +10%	319 +7%	466 +46%	568 +22%	742 +31%	1 064 +44%	1 300 +22%	2 273 +75%	3 470 +53%	3 765 +8%	4 336 +15%	5 225 +21%	6 361 +22%	12 873 +102%
Liabilities
Accounts Payable	13	4	3	2	8	15	17	9	6	6	0	0	0	0	0	0	0	0	0	54	35	49	89	145
Accrued Liabilities	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	45	69	94	100	171
Short-Term Debt	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Current Portion of Long-Term Debt	2	3	1	1	1	1	1	1	1	1	1	0	0	0	0	0	0	4	7	9	11	13	13	291
Other Current Liabilities	7	6	8	34	23	192	180	163	231	163	209	167	107	60	58	53	68	137	199	131	147	211	535	820
Total Current Liabilities	23	13	13	38	33	209	199	173	238	170	209	167	107	60	58	53	68	141	206	240	262	368	737	1 427
Long-Term Debt	3	3	4	2	2	2	2	3	2	1	0	0	0	0	0	0	0	23	45	56	75	101	130	5 135
Deferred Income Tax	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	328	364
Other Liabilities	0	0	0	0	0	0	1	2	12	17	22	30	29	0	0	1	1	0	81	76	71	76	71	100
Total Liabilities	26 N/A	16 -39%	17 +5%	40 +141%	35 -13%	211 +503%	201 -5%	178 -12%	252 +41%	188 -25%	232 +23%	198 -15%	135 -31%	61 -55%	58 -4%	53 -8%	69 +29%	165 +140%	332 +102%	372 +12%	408 +10%	545 +33%	1 265 +132%	7 026 +455%
Equity
Common Stock	3	4	5	5	7	9	8	9	8	8	9	10	9	9	9	10	9	10	11	10	10	10	9	10
Retained Earnings	99	173	263	287	391	490	607	793	779	859	956	973	817	615	425	299	30	320	1 167	1 532	2 132	2 816	3 270	4 098
Additional Paid In Capital	293	353	473	460	669	1 045	1 009	1 034	965	936	1 015	1 085	1 124	1 100	1 100	1 287	1 238	1 764	1 952	1 839	1 772	1 845	1 748	1 920
Other Equity	0	0	0	0	0	0	0	0	0	0	0	0	14	14	0	13	14	15	9	12	14	9	68	181
Total Equity	198 N/A	184 -7%	215 +17%	178 -18%	285 +60%	564 +98%	411 -27%	250 -39%	194 -22%	85 -56%	68 -20%	122 +79%	330 +172%	507 +54%	683 +35%	1 011 +48%	1 231 +22%	2 109 +71%	3 139 +49%	3 394 +8%	3 927 +16%	4 680 +19%	5 095 +9%	5 847 +15%
Total Liabilities & Equity	224 N/A	199 -11%	232 +16%	218 -6%	320 +47%	775 +143%	612 -21%	427 -30%	446 +4%	272 -39%	300 +10%	319 +7%	466 +46%	568 +22%	742 +31%	1 064 +44%	1 300 +22%	2 273 +75%	3 470 +53%	3 765 +8%	4 336 +15%	5 225 +21%	6 361 +22%	12 873 +102%
Shares Outstanding
Common Shares Outstanding	23	23	30	33	40	45	45	45	45	45	50	52	57	60	60	61	61	65	65	65	65	65	64	62

Income Statement Balance Sheet Cash Flow Statement

Genmab A/S
CSE:GMAB

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Genmab A/S

Balance Sheet
Genmab A/S

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Genmab A/S CSE:GMAB

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Balance Sheet Decomposition Genmab A/S

Balance Sheet Genmab A/S

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Genmab A/S
CSE:GMAB

Balance Sheet Decomposition
Genmab A/S

Balance Sheet
Genmab A/S