Company Financial Statements for argenx SE

Company Balance Sheet on December 31, 2024 of argenx SE

Company Balance Sheet
		As of December 31,
(in thousands of $)	Note	2024	2023
Assets
Non-current assets
Financial fixed assets	2
Investments in Group Companies		4,796,972	3,703,280
Other financial assets			1
Total financial fixed assets		4,796,972	3,703,281
Total non-current assets		4,796,972	3,703,281
Current assets
Receivables	3	705,832	369,640
Cash and cash equivalents	4	6	28,744
Total current assets		705,838	398,384
Total assets		5,502,810	4,101,665

Equity and liabilities
Equity	5
Share capital		7,227	7,058
Share premium		5,948,916	5,651,497
Accumulated losses		(1,571,804)	(2,404,845)
Reserve for share-based payments		985,180	749,324
Translation reserves		126,832	131,543
Other reserves		1,932	(37,073)
Total equity		5,498,283	4,097,505
Current liabilities	6
Accounts payable		388	266
Intercompany payables		2,426	2,127
Taxes payable		53	925
Accrued expenses		1,660	841
Other payables		–	–
Total liabilities		4,527	4,159
Total equity and liabilities		5,502,810	4,101,665

Company Profit or Loss Account
		Year Ended December 31,
(in thousands of $)	Note	2024	2023
Intercompany recharges		–	–
Total operating income		–	–
General & adminstrative expenses		(21,594)	(19,303)
Total operating expenses		(21,594)	(19,303)
Operating result		(21,594)	(19,303)
Financial income and expense	7	2,161	19,378
Share in result of subsidiaries	8	852,450	(294,476)
Result before taxation		833,017	(294,402)
Taxation on result of ordinary activities		23	(652)
Result after taxation		833,040	(295,053)