CARSOE ApS — Credit Rating and Financial Key Figures

CVR number: 14263942

Mineralvej 6-8, 9220 Aalborg Øst

adm@carsoe.dk

tel: 98242019

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	525.53	431.38	423.88
Other operating income	1.40	39.02	6.56
Purchases during the financial year	- 308.95	- 260.40	- 375.24
External services	-38.53	-44.55	-52.34
Gross profit	179.45	165.45	2.86	-9.57	0.38
Employee benefit expenses	- 153.54	- 152.85	-84.37
Total depreciation	-15.03	-15.05	-14.27
EBIT	10.88	-2.45	-67.24	-9.57	0.38
Other financial income	4.19	2.99	2.54	11.27	11.38
Other financial expenses	-2.58	-7.08	-14.05	-8.24	-9.87
Net income from associates (fin.)	12.09	14.87	42.38
Pre-tax profit	24.57	8.33	-36.37	-6.55	1.90
Income taxes	-2.84	1.80	17.25	1.28	-0.69
Net earnings	21.73	10.13	-19.11	-5.26	1.21

	2020	2021	2022	2023	2024
Development expenditure	10.96	10.62
Intangible rights	6.32	5.11
Intangible assets total	17.28	15.74
Buildings	32.48	24.27
Machinery and equipment	3.32	2.62
Advance payments and construction in progress	0.16
Tangible assets total	35.95	26.89
Holdings in group member companies	90.47	106.89
Investments total	91.78	108.24	0.05
Long term receivables total
Semifinished products	0.60	0.58	0.07
Raw materials and consumables	22.82	16.07	0.50	0.27	0.06
Finished products/goods	10.70	12.41	4.59	4.32	0.47
Advance payments	31.77	10.08	0.84
Inventories total	65.88	39.14	6.00	4.58	0.53
Current trade debtors	80.50	87.92	1.80	0.06
Current amounts owed by group member comp.	5.67	4.58	193.63	150.66	190.34
Prepayments and accrued income	2.50	1.42
Current other receivables	67.00	35.38	3.43	0.72	0.11
Current deferred tax assets	4.00		0.19	1.63	0.00
Short term receivables total	159.67	129.30	199.04	153.06	190.46
Cash and bank deposits		8.97	10.71	0.00	0.00
Cash and cash equivalents		8.97	10.71	0.00	0.00
Balance sheet total (assets)	370.57	328.28	215.79	157.65	190.99

	2020	2021	2022	2023	2024
Share capital	0.58	0.58	0.58	0.58	0.58
Shares repurchased	45.00
Other reserves	34.82	50.97
Retained earnings	-11.91	-4.78	62.05	42.94	37.67
Profit of the financial year	21.73	10.13	-19.11	-5.26	1.21
Shareholders equity total	90.22	56.91	43.52	38.26	39.47
Provisions	27.60	29.25	3.66		0.80
Non-current owed to group member	28.93
Non-current deferred tax liabilities	7.18	17.56	7.41	7.83	7.87
Non-current liabilities total	36.10	17.56	7.41	7.83	7.87
Current loans from credit institutions	16.38	56.76	209.47	69.42	99.76
Advances received	3.21
Current trade creditors	66.02	58.70	4.25	0.16	0.02
Current owed to group member	15.73	21.81	23.66	38.95	39.40
Short-term deferred tax liabilities			6.22
Other non-interest bearing current liabilities	31.61	35.39	- 245.08	1.08	0.94
Accruals and deferred income	83.68	51.90	11.90	1.96	2.72
Current liabilities total	216.63	224.56	10.42	111.56	142.85
Balance sheet total (liabilities)	370.57	328.28	65.02	157.65	190.99

CreditReports API