VESTJYLLANDS ANDEL A.M.B.A. — Credit Rating and Financial Key Figures

CVR number: 61729615

Vester Kær 16, 6950 Ringkøbing

tel: 97343910

Income statement (mDKK)

	2020	2021	2022	2024
Fiscal period length	12	12	12	12
Net sales	2 301.00	2 790.00	3 650.57	4 628.03
Other operating income			4.12	32.39
Costs of manufacturing			-3 348.78	-4 226.03
Gross profit	222.00	235.00	301.80	402.00
Costs of management			-56.25	-91.90
Costs of distribution			- 185.55	- 279.66
Other operating expenses			-0.54	-8.57
EBIT	26.00	33.00	60.00	30.00
Other financial income			1.19	6.08
Other financial expenses			-27.57	-74.66
Income from other inv. held as non-curr. assets			-0.00	0.07
Net income from associates (fin.)			83.99	105.76
Pre-tax profit	68.00	106.00	121.19	91.50
Income taxes			-8.57	-12.22
Net earnings	68.00	106.00	112.62	79.28

	2020	2021	2022	2024
Development expenditure			52.85	48.48
Goodwill			16.93	51.59
Intangible assets total			69.78	100.06
Land and waters			216.92	236.63
Buildings			71.52	98.22
Machinery and equipment			42.93	42.06
Advance payments and construction in progress			34.02	39.19
Tangible assets total			365.39	416.11
Participating interests			1 255.50	1 356.44
Investments total	1 960.00	2 244.00	1 255.62	1 356.56
Non-current loans receivable			6.17	4.89
Long term receivables total			6.17	4.89
Raw materials and consumables			424.11	488.44
Inventories total			424.11	488.44
Current trade debtors			313.46	167.84
Prepayments and accrued income			18.98	15.54
Current other receivables			24.40	40.47
Current deferred tax assets			0.33
Short term receivables total			357.17	223.86
Cash and bank deposits			13.49	30.50
Cash and cash equivalents			13.49	30.50
Balance sheet total (assets)	1 960.00	2 244.00	2 491.71	2 620.42

	2020	2021	2022	2023	2024
Share capital	1 007.00	1 100.00	241.64	1 208.24	248.19
Shares repurchased			46.00		30.00
Other reserves			650.35		692.75
Retained earnings	-68.00	- 106.00	151.25		134.73
Profit of the financial year	68.00	106.00	112.62		79.28
Minority interest (BS)			6.38		1.75
Shareholders equity total	1 007.00	1 100.00	1 208.24	1 208.24	1 186.71
Provisions			1.59		1.06
Non-current loans from credit institutions			107.26		163.26
Non-current leasing loans			31.89		24.30
Non-current other liabilities			0.04		0.04
Non-current deferred tax liabilities			2.76		0.22
Non-current liabilities total			141.95		187.81
Current loans from credit institutions			577.00		837.92
Advances received			346.57		262.61
Current trade creditors			174.07		95.80
Short-term deferred tax liabilities			8.14		6.14
Other non-interest bearing current liabilities			32.37		40.49
Accruals and deferred income			1.78		1.89
Current liabilities total			1 139.93		1 244.85
Balance sheet total (liabilities)	1 007.00	1 100.00	2 491.71	1 208.24	2 620.42

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