NORDIC HOUSEWARE GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 31479363

Knud Højgaards Vej 2, 2860 Søborg

info@nh-g.com

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	527.04	613.63	592.78	516.06	516.07
Manufacturing for enterprise's own use		4.36	3.38	3.98	3.90
Costs of manufacturing	- 397.08	- 504.65	- 485.40	- 408.53	- 424.25
External services	-31.46	-28.25	-30.29	-35.13	-27.95
Gross profit	98.49	85.10	80.48	76.39	67.77
Employee benefit expenses	-48.72	-49.97	-55.80	-48.46	-44.52
Other operating expenses				-1.15
Total depreciation	-22.50	-18.36	-22.77	-19.81	-19.16
EBIT	27.27	16.77	1.91	6.97	4.09
Other financial income	0.00		4.25	9.08	9.01
Other financial expenses	-6.68	-4.43	-8.29	-18.34	-15.16
Pre-tax profit	20.60	12.35	-2.14	-2.29	-2.07
Income taxes	-5.30	-3.47	1.16	-1.14	-2.57
Net earnings	15.29	8.87	-0.98	-3.43	-4.64

	2020	2021	2022	2023	2024
Intangible rights	2.65	12.69	19.08	18.35	15.60
Goodwill	10.32	6.00	4.50	3.00
Intangible assets total	12.96	18.69	23.58	21.35	15.60
Buildings	77.50	83.78	74.71	68.21	60.88
Machinery and equipment	1.34	1.44	1.33	2.11	1.62
Advance payments and construction in progress	9.22	9.26	8.88	10.90	12.54
Other tangible assets					4.88
Tangible assets total	88.06	94.47	84.91	81.21	79.92
Investments total	0.50	0.46	0.45	0.73	0.28
Deferred tax assets	1.75	0.01	1.78	4.03	1.88
Long term receivables total	1.75	0.01	1.78	4.03	1.88
Raw materials and consumables	4.34	10.36	7.95	10.04	4.59
Finished products/goods	35.02	56.51	64.28	54.51	48.12
Inventories total	39.36	66.87	72.23	64.55	52.71
Current trade debtors	117.38	138.24	89.78	89.78	81.76
Current amounts owed by group member comp.	44.34	126.55	131.05	139.22	146.27
Prepayments and accrued income	2.44	4.99	8.51	4.66	4.25
Current other receivables	20.59	34.02	55.56	13.28	22.89
Current deferred tax assets			5.44		1.86
Short term receivables total	184.75	303.81	290.34	246.93	257.03
Cash and bank deposits	11.23	29.64	10.81	9.14	15.85
Cash and cash equivalents	11.23	29.64	10.81	9.14	15.85
Balance sheet total (assets)	338.61	513.95	484.10	427.94	423.27

	2020	2021	2022	2023	2024
Share capital	0.50	0.50	0.50	0.50	0.50
Asset revaluation reserve	4.24	4.18	4.09	4.43	4.70
Other reserves	-2.94	-3.46	-4.54	-1.74	-1.74
Retained earnings	89.06	104.41	110.64	112.55	112.04
Profit of the financial year	15.29	8.87	-0.98	-3.43	-4.64
Shareholders equity total	106.15	114.51	109.71	112.30	110.85
Provisions	1.07		0.42	0.30	2.64
Capital loans				20.00	20.00
Non-current loans from credit institutions		120.00	90.00	84.00	63.00
Non-current leasing loans		5.65	4.75	3.87	3.25
Non-current other liabilities				1.71	1.72
Non-current deferred tax liabilities		1.99
Non-current liabilities total		127.64	94.75	109.58	87.97
Current loans from credit institutions	89.03	100.93	144.64	97.82	89.10
Current trade creditors	91.08	127.75	81.91	67.54	94.95
Current owed to group member		0.99	13.78	3.70
Short-term deferred tax liabilities	3.54	0.58	2.76	1.26	1.96
Other non-interest bearing current liabilities	47.73	41.55	36.12	35.45	35.80
Current liabilities total	231.39	271.81	279.21	205.77	221.81
Balance sheet total (liabilities)	338.61	513.95	484.10	427.94	423.27

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