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DLF Seeds A/S — Credit Rating and Financial Key Figures

CVR number: 62556013
Ny Østergade 9, 4000 Roskilde
tel: 46320830

Income statement (mDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales7 535.708 477.088 755.508 151.467 585.20
Other operating income6.228.0637.86156.29
Purchases during the financial year-5 472.93-5 716.48
Costs of manufacturing-4 908.58-5 152.71-5 059.01
External services- 960.79-1 083.92-1 211.73-1 230.58-1 061.74
Gross profit1 672.551 928.301 827.301 806.021 620.74
Employee benefit expenses- 971.66-1 066.52-1 153.54-1 191.76-1 076.29
Other operating expenses-7.19-8.54-20.38-8.36
Total depreciation- 162.91- 161.40- 162.19- 174.13- 165.18
EBIT537.98693.19503.04419.75460.91
Other financial income8.9513.7644.8836.0323.22
Other financial expenses-68.07-67.92- 160.47- 249.42- 211.64
Net income from associates (fin.)7.4217.744.70-48.25-12.00
Pre-tax profit486.28656.77392.14158.12260.50
Income taxes- 132.63- 125.63-72.40-78.19-13.30
Net earnings353.65531.14319.7379.92247.19

Assets (mDKK)

2020
2021
2022
2023
2024
Development expenditure49.5444.350.14
Intangible rights54.69189.81153.43138.42123.23
Goodwill568.07558.66571.21587.51538.09
Intangible assets total622.75798.02768.99726.07661.33
Land and waters683.54691.04690.86666.76646.21
Buildings287.00293.52344.35352.28341.76
Machinery and equipment105.67106.77128.20113.8381.57
Advance payments and construction in progress15.99107.91162.58192.017.08
Tangible assets total1 092.201 199.241 325.981 324.881 076.63
Participating interests24.4440.9737.237.43492.04
Other shares and similar rights of ownership15.2611.79
Other non-current investments204.4863.8354.22
Investments total228.9340.9737.2386.51558.05
Non-current loans receivable16.0023.87-0.00
Non-current other receivables17.04
Long term receivables total17.0416.0023.87-0.00
Raw materials and consumables1 930.27
Finished products/goods1 512.492 817.232 749.312 235.34
Inventories total1 512.491 930.272 817.232 749.312 235.34
Current trade debtors1 067.901 272.301 276.331 275.40990.44
Prepayments and accrued income74.70104.91147.53217.57107.66
Current other receivables105.67131.75230.73131.29136.31
Current deferred tax assets37.3282.95121.26141.57222.70
Short term receivables total1 285.601 591.901 775.851 765.821 457.11
Cash and bank deposits703.13642.21471.33525.63411.67
Cash and cash equivalents703.13642.21471.33525.63411.67
Balance sheet total (assets)5 462.136 218.617 220.487 178.236 400.12

Equity and liabilities (mDKK)

2020
2021
2022
2023
2024
Share capital64.2664.2664.2664.2664.26
Shares repurchased70.0076.88243.51
Other reserves693.6161.71-17.46-64.90- 372.62
Other restricted equity691.84
Retained earnings1 409.201 724.622 240.992 557.682 633.92
Profit of the financial year353.65531.14319.7379.92247.19
Minority interest (BS)17.5717.7922.6923.1422.74
Shareholders equity total2 608.293 091.362 630.222 736.992 839.01
Provisions100.3289.4263.2195.5678.23
Capital loans170.00235.00235.00235.00235.00
Non-current loans from credit institutions833.50268.981 544.801 526.721 742.06
Non-current liabilities total1 003.50503.981 779.801 761.721 977.06
Current loans from credit institutions524.331 152.131 289.611 098.78366.22
Current trade creditors612.91661.76642.59597.93565.75
Bills of exchange52.6072.73
Current owed to participating56.4179.3351.30
Short-term deferred tax liabilities127.9562.8293.4894.3850.66
Other non-interest bearing current liabilities428.42604.55648.83713.54471.89
Current liabilities total1 750.022 533.862 747.252 583.971 505.83
Balance sheet total (liabilities)5 462.136 218.617 220.487 178.236 400.12
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