INTERNATIONAL WIND ENERGY ApS — Credit Rating and Financial Key Figures

CVR number: 10109965
Åboulevarden 31, 8000 Aarhus C
cr@iwe.as
tel: 86199062

Income statement (kDKK)

2018
2019
2020
2021
2022
Fiscal period length1212121212
Net sales
Gross profit-1 722.95- 414.96- 139.52-68.43-27.63
Employee benefit expenses- 166.06-8.34
Other operating expenses- 724.14- 100.00-22.34
EBIT-1 921.31- 406.63- 863.66- 168.43-49.97
Other financial income1.110.500.55
Other financial expenses-88.33-97.51-0.06-1.02-0.25
Net income from associates (fin.)- 183.066.07-1 054.090.01
Pre-tax profit-2 191.59- 497.56-1 917.27- 169.45-50.22
Income taxes-55.0055.00
Net earnings-2 246.59- 497.56-1 917.27- 169.454.78

Assets (kDKK)

2018
2019
2020
2021
Intangible assets total
Tangible assets total
Holdings in group member companies80.0956.870.01
Other non-current investments824.14824.14
Investments total904.23881.020.01
Non-current loans receivable100.00
Long term receivables total100.00
Inventories total
Current trade debtors1 649.08
Current amounts owed by group member comp.1 684.421 698.08
Current other receivables2.135.2915.014.47
Short term receivables total3 335.631 703.3815.014.47
Cash and bank deposits64.066.610.02
Cash and cash equivalents64.066.610.02
Balance sheet total (assets)4 303.932 591.01115.014.49

Equity and liabilities (kDKK)

2018
2019
2020
2021
2022
Share capital500.00500.00500.00500.00500.00
Retained earnings561.24-1 685.34-2 182.91-4 100.18- 580.28
Profit of the financial year-2 246.59- 497.56-1 917.27- 169.454.78
Shareholders equity total-1 185.35-1 682.91-3 600.18-3 769.62-75.50
Provisions-0.005.50
Non-current liabilities total
Current loans from credit institutions2 177.31
Current trade creditors45.50
Current owed to group member3 114.964 167.363 624.693 689.12
Short-term deferred tax liabilities55.0055.0055.0055.00
Other non-interest bearing current liabilities142.0051.5630.0030.0030.00
Current liabilities total5 489.274 273.923 709.693 774.1175.50
Balance sheet total (liabilities)4 303.932 591.01115.014.49
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