Baldo Acquisition ApS — Credit Rating and Financial Key Figures

CVR number: 38640569

Levysgade 14, 8700 Horsens

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	440.89	455.06	350.66	318.38	298.86
Other operating income					0.55
Purchases during the financial year	- 346.66	- 355.04	- 292.69	- 261.58	- 256.59
External services	-19.25	-30.85	-38.60	-28.48	-15.94
Gross profit	74.97	69.18	19.38	28.32	26.89
Employee benefit expenses	-34.12	-30.20	-27.82	-29.87	-42.69
Other operating expenses	-0.48	-11.06	-5.21	-4.94	-6.39
Total depreciation	-29.51	-29.50	-30.15	-29.46	-29.52
EBIT	10.87	-1.58	-43.80	-35.95	-51.71
Other financial income	0.84	4.71	6.35	7.56	1.35
Other financial expenses	-11.65	-12.58	-17.13	-17.06	-10.07
Pre-tax profit	0.07	-9.45	-54.58	-45.45	-60.44
Income taxes	-5.07	-2.90	6.55	2.93	7.93
Net earnings	-5.00	-12.35	-48.03	-42.52	-52.51

	2020	2021	2022	2023	2024
Development expenditure	5.43	4.28	2.80	1.40	0.32
Goodwill	152.09	128.39	104.69	80.99	57.29
Intangible assets total	157.52	132.67	107.48	82.39	57.60
Land and waters	12.46	11.67	12.33	12.23	10.69
Buildings	16.41	16.61	14.63	13.12	12.04
Machinery and equipment	1.45	1.00	0.95	0.83	0.82
Advance payments and construction in progress	0.26	0.34	0.28	0.69	0.03
Tangible assets total	30.58	29.63	28.19	26.86	23.57
Investments total	0.51	0.53	0.59	0.42	0.41
Long term receivables total
Raw materials and consumables	30.42	36.97	38.57	30.41	37.21
Advance payments			0.69	0.79
Inventories total	30.42	36.97	39.26	31.20	37.21
Current trade debtors	77.45	76.31	64.98	49.59	47.53
Prepayments and accrued income	0.36	0.51	0.69	0.89	0.40
Current other receivables	60.20	47.99	35.63	25.84	40.69
Current deferred tax assets	4.71	4.05	5.14	11.39	22.35
Short term receivables total	142.72	128.86	106.44	87.71	110.96
Cash and bank deposits	4.71	1.56	0.79	14.55	6.62
Cash and cash equivalents	4.71	1.56	0.79	14.55	6.62
Balance sheet total (assets)	366.47	330.21	282.75	243.12	236.37

	2020	2021	2022	2023	2024
Share capital	0.06	0.06	0.06	0.10	0.26
Share premium account	132.11	132.11
Other reserves	-2.45	-4.67	0.64	9.29	5.25
Retained earnings	-4.46	-9.46	111.56	87.41	94.22
Profit of the financial year	-5.00	-12.35	-48.03	-42.52	-52.51
Shareholders equity total	120.27	105.70	64.22	54.27	47.22
Provisions	17.70	17.98	12.51	12.88	15.46
Non-current loans from credit institutions	84.15	74.53	63.67	53.58	61.73
Non-current leasing loans	0.36	0.89	0.55	0.53	1.20
Non-current owed to group member				13.60
Non-current deferred tax liabilities	12.69	1.45		3.40
Non-current liabilities total	97.21	76.87	64.22	71.12	62.93
Current loans from credit institutions	41.23	35.73	36.85	34.13	27.23
Current trade creditors	48.11	41.72	38.79	17.98	25.63
Current owed to group member			8.12	0.71
Short-term deferred tax liabilities	6.48	2.26	1.46	0.07	0.08
Other non-interest bearing current liabilities	14.29	36.46	27.25	15.01	18.81
Accruals and deferred income	21.18	13.48	29.32	36.95	39.01
Current liabilities total	131.29	129.65	141.79	104.86	110.76
Balance sheet total (liabilities)	366.47	330.21	282.75	243.12	236.37

CreditReports API