HRO Corporate ApS — Credit Rating and Financial Key Figures

CVR number: 37995762

Slotsmarken 1, 2970 Hørsholm

Income statement (mDKK)

	2018	2019	2020	2021	2022
Fiscal period length	12	12	12	12	12
Net sales	502.15	561.59	575.71	658.69	544.30
Other operating income				28.40
Purchases during the financial year	- 255.18	- 330.34	- 342.00	- 384.53	- 317.62
External services	-93.06	-97.83	-83.57	-99.27	-90.33
Gross profit	153.91	133.42	150.15	203.30	136.35
Employee benefit expenses	-89.91	-99.13	- 100.88	-93.70	-99.13
Total depreciation	-16.39	-21.05	-22.35	-21.55	-22.28
EBIT	47.61	13.23	26.92	88.05	14.95
Other financial income	5.21	4.03	7.58	8.77	7.05
Other financial expenses	-6.50	-11.65	-18.32	-9.04	-22.07
Net income from associates (fin.)					-0.04
Pre-tax profit	46.32	5.62	16.17	87.78	-0.11
Income taxes	-11.13	-2.04	-2.87	-19.83	0.41
Net earnings	35.19	3.57	13.30	67.95	0.30

	2018	2019	2020	2021	2022
Development expenditure		3.53	4.15	8.94	17.06
Intangible rights	114.06	106.54	100.13	93.68	87.58
Goodwill	68.95	63.71	58.47	54.37	51.08
Intangible assets total	183.00	173.78	162.75	156.99	155.73
Land and waters	86.97	89.88	162.10	167.02	165.03
Buildings	24.45	27.44	34.24	32.23	30.58
Machinery and equipment	19.09	15.41	12.09	10.25	9.86
Advance payments and construction in progress	32.53	81.49	1.59	3.74	0.61
Tangible assets total	163.05	214.23	210.01	213.24	206.09
Investments total	0.21	0.21
Non-current other receivables	20.79	25.28	22.85	20.33	17.95
Deferred tax assets			1.54	1.93	2.44
Long term receivables total	20.79	25.28	24.39	22.26	20.39
Raw materials and consumables	27.41	23.93	20.10	42.13	41.42
Finished products/goods	214.76	200.72	161.74	171.04	259.95
Advance payments	0.12	1.23	0.71	0.51	0.31
Inventories total	242.28	225.88	182.55	213.68	301.67
Current trade debtors	193.93	153.16	156.57	157.38	124.88
Current owed by particip. interest comp.					1.28
Prepayments and accrued income	6.97	3.28	1.50	2.38	2.10
Current other receivables	10.86	11.98	3.72	5.32	7.93
Current deferred tax assets					1.67
Short term receivables total	211.76	168.42	161.79	165.08	137.85
Cash and bank deposits	22.20	17.57	38.26	15.55	12.57
Cash and cash equivalents	22.20	17.57	38.26	15.55	12.57
Balance sheet total (assets)	843.29	825.37	779.75	786.79	834.30

	2018	2019	2020	2021	2022
Share capital	0.05	0.05	0.05	0.05	0.05
Shares repurchased	20.00		3.00	5.00	3.00
Retained earnings	204.83	235.38	235.42	244.08	308.70
Profit of the financial year	35.19	3.57	13.30	67.95	0.30
Minority interest (BS)	5.53				-0.45
Shareholders equity total	265.59	239.00	251.77	317.07	311.60
Provisions	31.62	28.87	26.05	38.81	21.44
Non-current loans from credit institutions	200.83	173.93	226.18	113.07	109.42
Non-current deferred tax liabilities		2.69	6.33	6.40	6.60
Non-current liabilities total	200.83	176.62	232.51	119.47	116.02
Current loans from credit institutions	151.83	251.87	153.90	167.06	300.85
Advances received		1.73	1.13	1.15	0.74
Current trade creditors	100.88	48.85	52.54	74.59	37.69
Current owed to participating	29.29	27.25		0.03	0.40
Short-term deferred tax liabilities	9.84	1.47	4.51	19.21	2.80
Other non-interest bearing current liabilities	53.40	49.71	57.35	49.40	42.76
Current liabilities total	345.24	380.88	269.42	311.44	385.24
Balance sheet total (liabilities)	843.29	825.37	779.75	786.79	834.30

CreditReports API