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	36.72	290.79	386.66	438.78	421.68
Manufacturing for enterprise's own use		4.36	4.11	3.98	3.90
Costs of manufacturing		- 238.13	- 320.26	- 368.35	- 359.48
External services	-11.70	-21.55	-42.81	-48.27	-38.52
Gross profit	25.02	35.47	27.71	26.14	27.58
Employee benefit expenses	-21.07	-26.25	-30.68	-24.12	-21.92
Other operating expenses			-0.44	-0.46	-0.02
Total depreciation	-0.98	-10.50	-11.74	-10.93	-11.39
EBIT	2.97	-1.28	-15.15	-9.36	-5.76
Other financial income	0.25	1.47	5.88	11.78	9.95
Other financial expenses	-1.72	-3.97	-7.28	-13.91	-15.62
Net income from associates (fin.)	13.95	12.25	11.68	5.91	6.46
Pre-tax profit	15.45	8.47	-4.87	-5.58	-4.97
Income taxes	-0.16	0.41	3.90	2.15	0.33
Net earnings	15.29	8.87	-0.98	-3.43	-4.64

	2020	2021	2022	2023	2024
Development expenditure		7.58	4.95
Intangible rights	2.32	5.11	19.08	18.35	15.60
Goodwill		6.00	4.50	3.00
Intangible assets total	2.32	18.69	28.53	21.35	15.60
Buildings	0.31	23.95	21.57	22.43	26.75
Machinery and equipment	0.78	0.88	0.70	0.35	0.20
Advance payments and construction in progress	6.01	9.59	3.63	10.92	12.54
Other tangible assets		6.37	5.99	5.32	4.88
Tangible assets total	7.09	40.79	31.88	39.02	44.36
Holdings in group member companies	118.38	56.82	69.60	79.09	88.34
Investments total	118.83	57.23	70.02	79.79	88.59
Non-curr. owed by group member comp.	10.61	11.87	13.02	13.40	8.04
Deferred tax assets		0.17	4.07	1.73
Long term receivables total	10.61	12.04	17.09	15.13	8.04
Raw materials and consumables				10.04	4.58
Finished products/goods		6.87	62.32	47.99	42.69
Inventories total		6.87	62.32	58.04	47.27
Current trade debtors		58.68	36.82	42.45	34.53
Current amounts owed by group member comp.	68.68	175.66	276.60	153.78	162.17
Prepayments and accrued income	1.05	4.82	8.04	7.63	4.17
Current other receivables		0.15	45.63	9.24	14.18
Current deferred tax assets					1.86
Short term receivables total	69.73	239.31	367.09	213.10	216.91
Cash and bank deposits	0.01	0.14	24.37	24.91	25.47
Cash and cash equivalents	0.01	0.14	24.37	24.91	25.47
Balance sheet total (assets)	208.60	375.07	601.29	451.33	446.23

	2020	2021	2022	2023	2024
Share capital	0.50	0.50	0.50	0.50	0.50
Other reserves	83.93	50.86	59.70	63.09	72.06
Retained earnings	6.43	54.28	50.49	52.14	42.93
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	0.34				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	3.83	3.25
Non-current other liabilities				1.71	1.72
Non-current deferred tax liabilities		1.99	2.08
Non-current liabilities total		127.64	96.83	109.54	87.97
Current loans from credit institutions	87.60	100.93	157.97	119.34	111.78
Current trade creditors	2.00	6.96	88.00	81.28	89.29
Current owed to participating			6.89
Current owed to group member	1.07	3.49	117.69	5.87	24.80
Short-term deferred tax liabilities	0.09
Other non-interest bearing current liabilities	11.36	21.54	24.21	23.00	18.91
Current liabilities total	102.11	132.93	394.75	229.49	244.77
Balance sheet total (liabilities)	208.60	375.07	601.29	451.33	446.23

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