Radisson Hotels ApS Danmark — Credit Rating and Financial Key Figures

CVR number: 73337712

Amager Boulevard 70, 2300 København S

corporate.accounting@radissonhotels.com

tel: 32344170

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	607.65	879.39	1 635.63	402.74	298.02
Other operating income	4.01	0.61
External services	- 748.84	- 843.83	-1 462.13	- 242.02	- 153.78
Gross profit	- 137.18	36.17	173.50	160.72	144.24
Employee benefit expenses	-66.85	-90.01	- 111.55	-92.91	-99.33
Total depreciation	-7.55	-16.02	-48.26	-54.14	-35.58
EBIT	- 211.58	-69.86	13.68	13.67	9.34
Other financial income	85.38	126.72	25.48	22.43	31.72
Other financial expenses	-80.84	- 161.78	-20.03	-34.81	-41.23
Net income from associates (fin.)	-1 100.75	- 264.60	-57.02	237.08	358.06
Pre-tax profit	-1 307.79	- 369.51	-37.89	238.36	357.88
Income taxes	-16.90	16.09	-41.67	-16.32	-22.98
Net earnings	-1 324.69	- 353.42	-79.56	222.04	334.90

	2020	2021	2022	2023	2024
Development expenditure	181.60	201.80	257.73	304.54	274.85
Intangible rights	19.02	21.48	12.94	11.68	10.42
Goodwill	6.36	3.81	1.27
Intangible assets total	206.98	227.09	271.94	316.21	285.27
Land and waters	0.28	0.28	0.28	0.28	0.28
Machinery and equipment	0.85	0.45	0.06	8.83	7.89
Tangible assets total	1.13	0.73	0.34	9.11	8.17
Holdings in group member companies	2 248.04	2 028.91	2 046.45	1 475.06	1 784.56
Participating interests	1.12	0.69	0.54	0.54	0.56
Investments total	2 249.16	2 029.61	2 046.99	1 475.60	1 785.12
Non-curr. owed by group member comp.	900.44	278.60	318.24	319.29	315.69
Non-current other receivables	36.35	5.96		0.04
Long term receivables total	936.79	284.56	318.24	319.33	315.69
Inventories total
Current trade debtors	68.95	258.17	169.23	46.43	17.28
Current amounts owed by group member comp.	1 972.37	1 826.49	1 313.93	184.32	362.34
Prepayments and accrued income	30.94	22.93	30.47	25.71	25.21
Current other receivables	89.21	83.12	14.15	0.80	0.04
Current deferred tax assets	9.32	39.11	39.31	57.31	36.28
Short term receivables total	2 170.79	2 229.83	1 567.09	314.57	441.15
Cash and bank deposits	19.89	6.17	19.73	24.25	6.02
Cash and cash equivalents	19.89	6.17	19.73	24.25	6.02
Balance sheet total (assets)	5 584.74	4 777.98	4 224.34	2 459.07	2 841.41

	2020	2021	2022	2023	2024
Share capital	212.00	212.00	212.00	212.00	212.00
Shares repurchased	629.10		819.34
Other reserves		157.41	201.04	237.54	214.38
Retained earnings	3 476.71	1 994.53	778.15	662.08	906.93
Profit of the financial year	-1 324.69	- 353.42	-79.56	222.04	334.90
Shareholders equity total	2 993.11	2 010.52	1 930.96	1 333.66	1 668.22
Provisions			170.93	177.14	197.50
Non-current liabilities total
Current trade creditors	42.53	88.50	101.75	90.16	10.98
Current owed to group member	2 292.68	2 419.37	1 831.26	643.21	831.25
Short-term deferred tax liabilities	3.00	1.16	20.85	55.42	22.52
Other non-interest bearing current liabilities	253.42	258.43	168.59	159.47	110.95
Current liabilities total	2 591.63	2 767.46	2 122.45	948.26	975.70
Balance sheet total (liabilities)	5 584.74	4 777.98	4 224.34	2 459.07	2 841.41

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