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NOVENCO MARINE & OFFSHORE A/S — Credit Rating and Financial Key Figures

CVR number: 33785682
Galoche Alle 16, 4600 Køge
novenco@novencogroup.com
tel: 55756550
www.novenco-marine.com

Income statement (mDKK)

2023
2024
2025
Fiscal period length121212
Net sales173.30184.62206.13
Other operating income0.20
Costs of manufacturing- 145.03- 130.33- 164.66
Gross profit28.2754.3041.47
Costs of management-13.76-12.61-15.64
Costs of distribution-4.61-11.67-11.36
Total depreciation-2.03-0.53-0.53
EBIT10.1030.0214.47
Other financial income0.991.001.31
Other financial expenses-1.71-1.08-3.87
Net income from associates (fin.)13.298.525.77
Pre-tax profit22.6738.4617.68
Income taxes-2.06-6.59-2.62
Net earnings20.6131.8815.06

Assets (mDKK)

2023
2024
2025
Goodwill3.082.682.28
Intangible assets total3.082.682.28
Machinery and equipment0.290.160.03
Tangible assets total0.290.160.03
Holdings in group member companies46.9954.0759.17
Participating interests2.332.322.17
Investments total49.3356.3961.35
Long term receivables total
Finished products/goods1.131.283.38
Advance payments0.48
Inventories total1.131.283.86
Current trade debtors22.2134.8636.21
Current amounts owed by group member comp.15.0429.4634.85
Prepayments and accrued income0.391.080.87
Current other receivables8.2814.2610.29
Short term receivables total45.9279.6682.23
Cash and bank deposits37.3423.7620.93
Cash and cash equivalents37.3423.7620.93
Balance sheet total (assets)137.09163.92170.67

Equity and liabilities (mDKK)

2023
2024
2025
Share capital6.006.006.00
Other reserves-3.43-4.89-4.90
Retained earnings20.0740.6871.75
Profit of the financial year20.6131.8815.06
Shareholders equity total43.2573.6787.92
Provisions11.2713.9312.21
Non-current deferred tax liabilities1.801.851.70
Non-current liabilities total1.801.851.70
Advances received2.05
Current trade creditors4.8719.468.19
Current owed to group member24.5712.8619.36
Short-term deferred tax liabilities0.824.240.63
Other non-interest bearing current liabilities7.217.096.01
Accruals and deferred income43.3130.8332.60
Current liabilities total80.7874.4868.85
Balance sheet total (liabilities)137.09163.92170.67
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