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Revenue (Tables)
12 Months Ended
Dec. 31, 2024
Revenue [abstract]  
Schedule of Revenue Recognized in Consolidated Statement of Profit or Loss

Revenue has been recognized in the consolidated statements of profit or loss with the following amounts:

 

2024

 

 

2023

 

 

2022

 

 

(EUR’000)

 

Revenue

 

 

 

 

 

 

 

 

 

Commercial products

 

 

225,728

 

 

 

178,663

 

 

 

35,659

 

Rendering of services

 

 

11,794

 

 

 

21,659

 

 

 

4,434

 

Clinical supply

 

 

3,776

 

 

 

319

 

 

 

8,534

 

Licenses

 

 

122,343

 

 

 

66,077

 

 

 

2,547

 

Total revenue

 

 

363,641

 

 

 

266,718

 

 

 

51,174

 

Attributable to

 

 

 

 

 

 

 

 

 

Commercial customers

 

 

225,728

 

 

 

178,663

 

 

 

35,659

 

Collaboration partners and license agreements

 

 

137,913

 

 

 

88,055

 

 

 

15,515

 

Total revenue

 

 

363,641

 

 

 

266,718

 

 

 

51,174

 

Specified by timing of recognition

 

 

 

 

 

 

 

 

 

Recognized over time

 

 

11,794

 

 

 

21,659

 

 

 

4,434

 

Recognized at a point in time

 

 

351,847

 

 

 

245,059

 

 

 

46,740

 

Total revenue

 

 

363,641

 

 

 

266,718

 

 

 

51,174

 

Specified per geographical area

 

 

 

 

 

 

 

 

 

Europe (1)

 

 

123,336

 

 

 

869

 

 

 

552

 

North America

 

 

233,220

 

 

 

191,677

 

 

 

44,156

 

Rest of world

 

 

7,085

 

 

 

74,172

 

 

 

6,466

 

Total revenue

 

 

363,641

 

 

 

266,718

 

 

 

51,174

 

(1)
For the year ended December 31, 2024, Denmark, the country of domicile, contributed with 95.4 million of revenue.
Schedule of Revenue Attributable to Commercial Customers by Product

Revenue attributable to commercial customers by product were as follows:

 

2024

 

2023

 

2022

 

(EUR’000)

Revenue from commercial products

 

 

 

 

 

 

SKYTROFA®

 

197,001

 

178,663

 

35,659

YORVIPATH®

 

28,727

 

 

Total revenue from commercial products

 

225,728

 

178,663

 

35,659