Hørby Østergaard ApS — Credit Rating and Financial Key Figures

CVR number: 40620745

Vielshøjen 6, Hørby 9500 Hobro

Income statement (kDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales
Gross profit	531.13	268.12	824.48	8 981.22	631.12
Employee benefit expenses	- 427.05	- 312.38	- 392.64	- 371.35	- 378.08
Other operating expenses			- 189.60		-10.42
Total depreciation	- 174.57	- 185.32	- 214.17	-1 374.80	- 305.28
EBIT	-70.49	- 229.58	28.07	7 235.07	-62.66
Other financial income	592.86	14.40	15.63	581.25
Other financial expenses	- 228.11	- 361.06	- 735.76	-1 972.31	-1 650.97
Net income from associates (fin.)	2 188.53	3 106.58	8 891.82	28.55	-1 527.08
Pre-tax profit	2 482.79	2 530.34	8 199.77	5 872.56	-3 240.71
Income taxes	-73.78	134.13	149.59	-1 247.73	321.87
Net earnings	2 409.01	2 664.47	8 349.36	4 624.83	-2 918.83

	2020	2021	2022	2023	2024
Intangible rights	114.60	189.60
Intangible assets total	114.60	189.60
Land and waters	18 640.82	29 319.39	29 377.47	37 932.03	41 336.15
Buildings	1 994.15	1 909.04	2 064.64	1 953.03	1 714.42
Tangible assets total	20 634.96	31 228.43	31 442.10	39 885.06	43 050.57
Holdings in group member companies	2 188.53	5 295.10	23 902.57	19 231.41	21 704.33
Investments total	2 188.53	5 295.10	23 902.57	19 231.41	21 704.33
Non-current loans receivable	734.10	734.10	734.10	734.10	734.10
Long term receivables total	734.10	734.10	734.10	734.10	734.10
Raw materials and consumables	97.50	67.00	71.60	87.10	80.17
Inventories total	97.50	67.00	71.60	87.10	80.17
Current trade debtors		10.26	96.53	103.41	1.18
Current amounts owed by group member comp.	720.48	1 025.65	7 114.02	96.43	205.10
Prepayments and accrued income				69.01	15.02
Current other receivables	0.50	0.57	45.39	8 368.33	8 287.78
Current deferred tax assets		12.37	5.25	22.13	14.58
Short term receivables total	720.98	1 048.85	7 261.19	8 659.30	8 523.67
Cash and bank deposits				3.16
Cash and cash equivalents				3.16
Balance sheet total (assets)	24 490.67	38 563.07	63 411.56	68 600.12	74 092.84

	2020	2021	2022	2023	2024
Share capital	40.00	40.00	540.00	40.00	40.00
Asset revaluation reserve	2 765.88	2 765.88	2 765.88	9 656.40	9 656.40
Shares repurchased				244.00
Other reserves			17 298.25	10 623.44	9 096.36
Retained earnings	6 336.01	8 745.02	7 840.78	8 891.41	15 043.31
Profit of the financial year	2 409.01	2 664.47	8 349.36	4 624.83	-2 918.83
Shareholders equity total	11 550.90	14 215.37	36 794.27	34 080.08	30 917.25
Provisions	2 253.97	2 139.74	1 994.04	5 166.40	4 917.14
Non-current loans from credit institutions	8 642.94	16 973.15	17 869.67	17 804.87	21 548.22
Non-current deferred tax liabilities	32.64		21.08	56.80
Non-current liabilities total	8 675.58	16 973.15	17 890.75	17 861.67	21 548.22
Current loans from credit institutions	1 740.93	4 722.52	4 951.59	5 194.93	3 786.22
Advances received				73.32
Current trade creditors	14.88	16.30	79.53	282.53	249.90
Current owed to participating	84.50	50.71	65.87	64.10	55.02
Current owed to group member	75.85		11.25	5 842.88	12 512.64
Short-term deferred tax liabilities					14.58
Other non-interest bearing current liabilities	94.04	53.29	1 563.21	34.21	78.87
Accruals and deferred income		392.00	61.04		13.00
Current liabilities total	2 010.21	5 234.81	6 732.50	11 491.97	16 710.24
Balance sheet total (liabilities)	24 490.67	38 563.07	63 411.56	68 600.12	74 092.84

CreditReports API