CARL HANSEN & SØN MØBELFABRIK A/S — Credit Rating and Financial Key Figures

CVR number: 26236231

Hylkedamvej 77-79, Lunge Bjerge 5591 Gelsted

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	569.28	834.85	864.89	616.72	594.25
Other operating income	7.26	10.66	16.76	21.64	24.96
Costs of manufacturing	- 338.38	- 481.96	- 563.95	- 453.26	- 430.18
Gross profit	230.91	352.89	300.94	163.46	164.07
Costs of management	-42.11	-40.94	-59.54	-54.33	-66.72
Costs of distribution	- 102.05	- 121.22	- 155.46	- 146.06	- 136.69
Other operating expenses	-8.42	-12.11	-0.53	-1.79	-5.88
EBIT	85.58	189.29	102.17	-17.08	-20.25
Other financial income	3.27	3.61	3.23	5.81	2.30
Other financial expenses	-7.41	-4.47	-9.03	-16.63	-19.50
Net income from associates (fin.)				-0.26	4.36
Pre-tax profit	81.44	188.43	96.37	-28.16	-33.09
Income taxes	-17.95	-41.64	-21.58	5.69	6.63
Net earnings	63.50	146.79	74.79	-22.46	-26.45

	2020	2021	2022	2023	2024
Development expenditure	17.49	18.83	19.86	18.09	14.32
Intangible rights	6.17	6.85	5.35	26.05	47.22
Goodwill	0.85	3.54	3.00	2.53	2.13
Intangible assets total	24.52	29.21	28.21	46.67	63.67
Land and waters	85.55	137.87	184.39	177.12	166.00
Buildings	4.18	3.46	2.59	1.90	1.52
Machinery and equipment	61.97	70.47	75.26	60.86	46.71
Advance payments and construction in progress	0.38	0.22	0.01	0.13
Tangible assets total	152.08	212.02	262.24	240.01	214.23
Holdings in group member companies				4.20
Other non-current investments	0.38	0.29	0.23	0.17	5.30
Investments total	2.91	2.69	2.75	6.71	7.61
Non-curr. owed by group member comp.					5.18
Long term receivables total					5.18
Semifinished products	63.81	79.88	99.75	73.86	37.52
Raw materials and consumables	26.85	55.30	84.07	63.44	57.39
Finished products/goods	40.47	47.10	75.96	72.83	77.86
Inventories total	131.13	182.28	259.79	210.14	172.77
Current trade debtors	44.47	54.47	57.14	49.03	41.66
Current amounts owed by group member comp.	105.69	144.70	75.75	80.14	42.85
Prepayments and accrued income	5.19	3.09	4.81	7.51	6.09
Current other receivables	11.15	8.75	6.25	2.34	11.44
Short term receivables total	166.50	211.01	143.95	139.03	102.03
Cash and bank deposits	0.04	0.01	0.44	0.62	0.57
Cash and cash equivalents	0.04	0.01	0.44	0.62	0.57
Balance sheet total (assets)	477.18	637.23	697.38	643.18	566.06

	2020	2021	2022	2023	2024
Share capital	0.50	0.50	0.50	0.50	0.50
Shares repurchased	50.00	100.00
Other reserves	14.36	13.36	12.26	13.74	10.56
Retained earnings	40.01	0.93	150.12	222.07	202.27
Profit of the financial year	63.50	146.79	74.79	-22.46	-26.45
Shareholders equity total	168.37	261.58	237.66	213.85	186.87
Provisions	12.33	13.79	16.54	10.35	3.57
Non-current loans from credit institutions	44.87	19.53	46.42	43.28	37.33
Non-current leasing loans	30.79	49.64	52.11	40.68	31.43
Non-current deferred tax liabilities	12.19
Non-current liabilities total	87.84	69.17	98.54	83.97	68.77
Current loans from credit institutions	55.24	109.22	176.10	175.94	168.50
Advances received	6.25	7.76	5.65	7.39	7.67
Current trade creditors	93.10	93.98	73.82	69.78	63.02
Current owed to group member	8.00	17.12	45.13	59.56	50.99
Short-term deferred tax liabilities	18.35	39.17	18.91	0.04
Other non-interest bearing current liabilities	27.69	25.44	25.03	22.31	16.67
Current liabilities total	208.64	292.69	344.64	335.02	306.85
Balance sheet total (liabilities)	477.18	637.23	697.38	643.18	566.06

CreditReports API