TORERO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 26877881

Rued Langgaards Vej 8, 2300 København S

Income statement (kDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	642.41	605.85	850.87
Other operating income	70.88	79.78
External services	- 767.90	- 737.02	-1 109.45
Gross profit	-54.61	-51.40	- 258.58	-1 158.26	-1 293.90
Other operating expenses		- 119.30			-2.69
Total depreciation	- 358.61	- 361.30	- 419.45	- 435.69	- 387.23
Reduction in value of non-current assets		150.00	250.00	75.00	50.00
EBIT	- 413.23	- 382.01	- 428.02	-1 518.96	-1 633.82
Other financial income	91.17	570.17	873.61	163.11	640.78
Other financial expenses	-72.86	-35.60	-20.69	-2 276.64	- 240.00
Net income from associates (fin.)	1 807.87	1 208.70	- 172.13	- 524.34	- 238.57
Pre-tax profit	1 412.96	1 361.27	252.77	-4 156.83	-1 471.61
Income taxes			-52.94	30.66	-21.74
Net earnings	1 412.96	1 361.27	199.83	-4 126.17	-1 493.35

	2020	2021	2022	2023	2024
Intangible assets total
Land and waters	9 355.62	9 207.07	9 605.20	9 589.76	9 366.82
Buildings	930.00	863.57	797.14	730.71	664.28
Machinery and equipment	972.16	825.83	679.51	533.18	435.32
Other tangible assets	12 508.16	12 658.16	12 833.16	12 908.16	13 108.16
Tangible assets total	23 765.93	23 554.63	23 915.00	23 761.81	23 574.58
Participating interests	1 356.33	2 565.03	2 392.91	1 868.57	1 647.56
Investments total	1 356.33	2 565.03	2 392.91	1 868.57	1 647.56
Non-curr. owed by particip. interest comp.	5 063.33	6 048.17	5 333.33	5 333.33	5 598.33
Non-current loans receivable		337.23	1 586.18	376.55	599.10
Long term receivables total	5 063.33	6 385.40	6 919.51	5 709.89	6 197.43
Inventories total
Current trade debtors	636.97	652.23	532.68	58.64	18.35
Current owed by particip. interest comp.	119.30	92.28	92.28	1 767.63	1 851.36
Prepayments and accrued income	10.00
Current other receivables	13.47	585.58
Current deferred tax assets	19.43	12.87
Short term receivables total	799.18	1 342.96	624.97	1 826.26	1 869.71
Other current investments	2 269.14	3 914.75	3 825.59	3 755.31	2 920.69
Cash and bank deposits	7 721.14	4 334.84	4 540.25	989.48
Cash and cash equivalents	9 990.28	8 249.59	8 365.84	4 744.79	2 920.69
Balance sheet total (assets)	40 975.06	42 097.61	42 218.22	37 911.32	36 209.98

	2020	2021	2022	2023	2024
Share capital	125.00	125.00	125.00	125.00	125.00
Shares repurchased	200.00	113.00	117.80	400.00	1 500.00
Retained earnings	39 094.01	40 393.97	41 637.44	41 437.27	35 811.10
Profit of the financial year	1 412.96	1 361.27	199.83	-4 126.17	-1 493.35
Shareholders equity total	40 831.97	41 993.24	42 080.07	37 836.10	35 942.75
Non-current liabilities total
Current loans from credit institutions					8.50
Current trade creditors	143.09	104.37	80.41	15.39	198.01
Current owed to participating			23.55	25.63	26.53
Other non-interest bearing current liabilities			34.20	34.20	34.20
Current liabilities total	143.09	104.37	138.15	75.22	267.24
Balance sheet total (liabilities)	40 975.06	42 097.61	42 218.22	37 911.32	36 209.98

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