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EURO STEEL 1988 ApS — Credit Rating and Financial Key Figures

CVR number: 12119704
Lundagervej 31, 8722 Hedensted

Income statement (mDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales1 412.801 708.262 400.872 042.162 461.60
Other operating income53.5421.29
Purchases during the financial year-1 262.14-1 577.13
External services- 171.18- 186.46
Gross profit381.71478.28558.13662.38719.30
Employee benefit expenses- 305.35- 326.55
Other operating expenses-0.04-5.03
Total depreciation- 129.56- 178.51
EBIT381.71478.28558.13227.44219.27
Other financial income47.7157.83
Other financial expenses-44.79-50.37
Pre-tax profit230.36226.74
Income taxes-41.69-45.89
Net earnings188.67180.85

Assets (mDKK)

2021
2022
2023
2024
2025
Intangible rights5.1610.78
Goodwill2.611.91
Intangible assets total7.7612.69
Land and waters570.99623.67
Buildings3.763.29
Machinery and equipment115.49113.94
Advance payments and construction in progress32.573.53
Other tangible assets18.9521.09
Tangible assets total741.74765.52
Participating interests3.203.20
Other non-current investments169.63211.06
Investments total1 613.291 905.872 651.64172.83214.26
Non-current other receivables103.8857.46
Long term receivables total103.8857.46
Semifinished products17.1613.46
Raw materials and consumables726.57718.17
Inventories total743.73731.63
Current trade debtors322.42373.07
Prepayments and accrued income1.821.83
Current other receivables360.16252.61
Current deferred tax assets8.05
Short term receivables total684.40635.57
Other current investments116.32141.26
Cash and bank deposits33.3545.93
Cash and cash equivalents149.67187.19
Balance sheet total (assets)1 613.291 905.872 651.642 604.012 604.32

Equity and liabilities (mDKK)

2024
2025
Share capital1.001.00
Asset revaluation reserve19.60
Shares repurchased20.00
Other reserves-10.00
Retained earnings924.981 022.14
Profit of the financial year188.67180.85
Minority interest (BS)561.71631.91
Shareholders equity total1 695.961 845.90
Provisions44.3524.41
Non-current loans from credit institutions206.89239.65
Non-current deferred tax liabilities10.008.66
Non-current liabilities total216.88248.30
Current loans from credit institutions353.2993.99
Advances received19.3722.79
Current trade creditors91.96110.23
Current owed to participating8.847.22
Short-term deferred tax liabilities15.8943.32
Other non-interest bearing current liabilities135.26186.54
Accruals and deferred income22.2121.61
Current liabilities total646.82485.71
Balance sheet total (liabilities)2 604.012 604.32
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