MODSTRØM DANMARK A/S — Credit Rating and Financial Key Figures

CVR number: 33884788

Islands Brygge 43, 2300 København S

kreditor@modstroem.dk

tel: 82100200

modstroem.dk

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	233.52	485.23	912.70	507.96	402.11
Manufacturing for enterprise's own use				3.45	3.05
Other operating income				1.58	1.44
Purchases during the financial year				- 247.39	- 184.71
Costs of manufacturing				-75.72	-48.18
External services				-51.74	-64.48
Gross profit	72.56	86.59	90.08	138.14	109.22
Employee benefit expenses				-81.52	-89.85
Other operating expenses				-0.01
Total depreciation				-5.60	-6.86
EBIT	10.08	14.47	15.55	51.01	12.50
Other financial income				5.15	3.38
Other financial expenses				-2.34	-0.23
Net income from associates (fin.)				-4.78	-8.58
Pre-tax profit	7.76	12.32	10.40	49.04	7.08
Income taxes				-12.41	-3.40
Net earnings	7.76	12.32	10.40	36.64	3.67

	2020	2021	2022	2023	2024
Development expenditure				18.35	18.24
Goodwill				8.06	7.55
Intangible assets total				26.41	25.79
Buildings					0.16
Machinery and equipment				1.44	0.93
Tangible assets total				1.44	1.09
Holdings in group member companies				62.37	53.79
Investments total	317.15	488.35	595.38	62.37	53.79
Non-current other receivables				12.08	1.85
Long term receivables total				12.08	1.85
Finished products/goods				41.99	32.26
Advance payments				1.97
Inventories total				43.96	32.26
Current trade debtors				285.80	291.93
Current amounts owed by group member comp.				2.62	11.80
Prepayments and accrued income				12.60	5.83
Current other receivables				1.16	4.08
Short term receivables total				302.19	313.64
Cash and bank deposits				105.25	35.75
Cash and cash equivalents				105.25	35.75
Balance sheet total (assets)	317.15	488.35	595.38	553.70	464.18

	2020	2021	2022	2023	2024
Share capital	55.13	56.45	51.85	1.00	1.00
Other reserves				14.31	14.23
Retained earnings	-7.76	-12.32	-10.40	35.24	36.96
Profit of the financial year	7.76	12.32	10.40	36.64	3.67
Shareholders equity total	55.13	56.45	51.85	87.19	55.86
Provisions				14.09	5.97
Non-current liabilities total
Current loans from credit institutions				0.29	0.19
Advances received				216.32	183.28
Current trade creditors				97.29	97.01
Current owed to group member				0.01
Short-term deferred tax liabilities				12.66	3.33
Other non-interest bearing current liabilities				125.85	118.55
Current liabilities total				452.42	402.35
Balance sheet total (liabilities)	55.13	56.45	51.85	553.70	464.18

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