Goerdyna Holding A/S — Credit Rating and Financial Key Figures

CVR number: 27215548

Sverigesvej 15, 8660 Skanderborg

tel: 86523116

Income statement (mDKK)

	2016	2017	2018	2019	2020
Fiscal period length	12	12	12	12	12
Net sales	343.70	412.15	420.67	365.49	344.86
Other operating income		18.46	0.96	10.75	4.04
Costs of manufacturing	- 262.72	- 313.30	- 339.62	- 304.87	- 224.46
Gross profit	80.97	98.85	81.04	60.62	120.40
Costs of management	-24.82	-26.73	-34.05	-77.86	-52.32
Costs of distribution	-78.37	-76.90	-98.55	-85.32	-53.21
Other operating expenses	-52.88	-64.06	-37.28	- 127.26	-15.46
EBIT	-75.10	-68.84	-88.83	- 219.06	3.45
Other financial income	4.37	34.49	4.58	3.31	13.28
Other financial expenses	-26.43	17.43	-29.56	-28.20	-9.08
Net income from associates (fin.)	-4.49	-7.38	-12.05
Pre-tax profit	- 101.65	-40.69	- 124.90	- 243.95	7.65
Income taxes	-3.61	2.51	-6.84	13.24	-3.23
Net earnings	- 105.26	-38.18	- 131.74	- 230.71	4.42

	2016	2017	2018	2019	2020
Development expenditure	70.33	68.96	73.36		13.31
Intangible rights	5.08	5.07	7.29	0.17	6.23
Goodwill	8.64	0.05
Intangible assets total	84.05	74.08	80.66	0.17	19.55
Land and waters	76.30	73.11	72.04	48.57	47.22
Buildings	37.02	29.30	31.33	13.96	9.88
Machinery and equipment	8.75	5.35	8.24	1.86	0.80
Advance payments and construction in progress	3.60	6.84
Tangible assets total	125.67	114.60	111.62	64.40	57.90
Participating interests		7.98
Investments total	1.22	8.12	0.33	0.35	0.37
Long term receivables total
Semifinished products	8.69	10.63	7.86	5.41	2.25
Raw materials and consumables	51.27	77.55	67.57	50.75	52.85
Finished products/goods	29.37	64.81	130.88	76.98	60.33
Inventories total	89.33	152.98	206.31	133.15	115.42
Current trade debtors	36.96	49.82	56.38	45.70	50.03
Current amounts owed by group member comp.	68.94			2.88
Prepayments and accrued income	3.12	3.70	1.97	1.78	6.90
Current other receivables	8.25	2.41	2.96	4.99	5.37
Current deferred tax assets	5.84	5.78		14.48	0.37
Short term receivables total	123.11	61.70	61.30	69.83	62.67
Cash and bank deposits	5.18	12.38	18.60	40.85	62.58
Cash and cash equivalents	5.18	12.38	18.60	40.85	62.58
Balance sheet total (assets)	428.55	423.88	478.82	308.75	318.49

	2016	2017	2018	2019	2020
Share capital	2.22	3.11	3.11	4.42	7.01
Other reserves					13.99
Retained earnings	-1.31	15.83	-23.41	36.68	163.24
Profit of the financial year	- 105.26	-38.18	- 131.74	- 230.71	4.42
Shareholders equity total	- 104.35	-19.24	- 152.03	- 189.61	188.65
Provisions	4.90	2.01	5.91	7.14	3.78
Capital loans	66.67	140.03	147.06		9.21
Non-current loans from credit institutions	22.25	14.90	13.55	162.77	10.85
Non-current leasing loans	2.13	1.54	0.96	2.28	0.33
Non-current owed to group member	210.36
Non-current liabilities total	301.42	156.47	161.56	165.04	20.40
Current loans from credit institutions	89.47	45.05	150.86	1.37	1.34
Advances received	24.02	22.88	17.76	30.70	16.54
Current trade creditors	46.02	51.51	49.87	27.57	40.58
Current owed to participating		13.99	16.54
Current owed to group member	23.94	113.64	186.06	231.62
Short-term deferred tax liabilities	0.24	0.43	0.36	0.38
Other non-interest bearing current liabilities	42.88	37.14	41.94	34.54	47.20
Current liabilities total	226.57	284.64	463.39	326.18	105.66
Balance sheet total (liabilities)	428.55	423.88	478.82	308.75	318.49

CreditReports API