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Systematic Holding ApS — Credit Rating and Financial Key Figures

CVR number: 19000680
Lindevangsvej 17, 8240 Risskov

Income statement (mDKK)

2012
2013
2014
2015
2016
Fiscal period length1212121212
Net sales413.14393.26431.44505.23684.84
Costs of manufacturing-97.87- 204.83
External services- 111.17- 113.99- 142.80-71.62-78.19
Gross profit301.97279.27288.65335.73401.82
Employee benefit expenses- 238.38- 237.96- 244.58- 270.11- 315.82
Total depreciation-25.41-23.72-20.58-20.58-18.71
EBIT38.1917.5923.4845.0467.29
Other financial income4.562.933.012.557.05
Other financial expenses-1.73-0.31-1.72-3.93-0.30
Pre-tax profit28.3013.8817.3243.6774.03
Income taxes-9.89-4.51-5.27-9.75-15.27
Net earnings18.419.3712.0433.9258.76

Assets (mDKK)

2012
2013
2014
2015
2016
Development expenditure46.0039.4634.4736.2629.48
Intangible rights4.691.918.315.614.24
Intangible assets total50.6941.3742.7841.8733.73
Buildings1.110.710.600.911.38
Machinery and equipment3.992.673.667.598.75
Tangible assets total5.103.384.258.5110.13
Participating interests2.932.932.932.93
Investments total2.932.932.932.93
Non-current loans receivable5.172.060.010.010.01
Non-current other receivables4.444.304.335.565.50
Long term receivables total9.616.364.335.565.50
Inventories total
Current trade debtors97.9388.7065.9194.27183.24
Current other receivables18.8625.4854.9890.55161.47
Current deferred tax assets0.040.033.57
Short term receivables total116.79114.22120.92188.39344.72
Other current investments37.3343.9742.5757.2272.93
Cash and bank deposits36.5040.0199.8347.1019.70
Cash and cash equivalents73.8383.98142.40104.3292.63
Balance sheet total (assets)256.02252.24317.62351.58489.64

Equity and liabilities (mDKK)

2012
2013
2014
2015
2016
Share capital3.703.703.703.703.70
Shares repurchased1.000.100.103.422.00
Other reserves-51.43-48.16-55.98
Retained earnings47.4565.4475.2669.9676.88
Profit of the financial year18.419.3712.0433.9258.76
Minority interest (BS)51.4348.1655.9864.8376.73
Shareholders equity total70.5678.6191.11175.83218.06
Provisions24.5912.9314.2119.7119.93
Non-current bonds5.112.03
Non-current leasing loans1.190.430.15
Non-current liabilities total6.302.450.15
Current bonds2.03
Current loans from credit institutions2.113.86
Current trade creditors7.8514.2018.9815.0621.24
Short-term deferred tax liabilities11.5714.604.439.01
Other non-interest bearing current liabilities54.4853.9152.8178.19183.78
Accruals and deferred income27.1423.5177.9362.8037.62
Current liabilities total103.14110.08156.18156.04251.65
Balance sheet total (liabilities)204.59204.08261.64351.58489.64
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