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MORTEN NORS INVEST ApS — Credit Rating and Financial Key Figures

CVR number: 35048278
Hedelund 10 A, Glyngøre 7870 Roslev

Income statement (kDKK)

2013
2014
2015
2016
Fiscal period length12121212
Net sales
Gross profit71 704.00-69 773.0071 680.0077 187.00
Employee benefit expenses-48 858.00-39 691.00-43 022.00-48 809.00
Total depreciation-5 231.00-7 613.00-13 450.00-16 850.00
EBIT17 615.00-22 469.0015 208.0011 528.00
Other financial income891.00-22.0035.00163.00
Other financial expenses-1 883.001 699.00-1 584.00-1 174.00
Net income from associates (fin.)-30.00-2 384.00
Pre-tax profit10 450.00-21 210.0013 659.0010 517.00
Income taxes-3 915.005 421.00-3 772.00-2 977.00
Net earnings6 535.00-15 789.009 887.007 540.00

Assets (kDKK)

2013
2014
2015
2016
Goodwill14 249.0020 761.0018 507.00
Intangible assets total14 249.0020 761.0018 507.00
Land and waters34 883.0033 824.0024 395.0041 773.00
Buildings14 494.0016 837.0031 362.0032 181.00
Machinery and equipment251.00473.00
Advance payments and construction in progress2 325.001 361.001 427.001 758.00
Tangible assets total51 953.0052 022.0057 184.0076 185.00
Investments total38.00
Long term receivables total
Semifinished products3 353.00
Raw materials and consumables7 924.006 908.009 165.0012 136.00
Finished products/goods2 273.002 346.004 008.004 205.00
Inventories total10 197.009 254.0013 173.0019 694.00
Current trade debtors24 703.0017 125.0016 851.0018 472.00
Prepayments and accrued income1 521.00926.001 284.001 162.00
Current other receivables3 594.00778.001 967.004 891.00
Current deferred tax assets2 344.0011.00
Short term receivables total32 162.0018 840.0020 102.0024 525.00
Other current investments76.0099.00
Cash and bank deposits11 120.0012 081.005 765.00741.00
Cash and cash equivalents11 120.0012 081.005 841.00840.00
Balance sheet total (assets)105 470.00106 446.00117 061.00139 751.00

Equity and liabilities (kDKK)

2013
2014
2015
2016
Share capital80.0080.0080.0080.00
Shares repurchased500.00100.00
Other reserves-17 396.00-4 057.00
Retained earnings10 354.0047 467.0031 577.0041 464.00
Profit of the financial year6 535.00-15 789.009 887.007 540.00
Minority interest (BS)17 396.004 057.00
Shareholders equity total17 469.0031 758.0041 644.0049 084.00
Provisions17 396.004 057.00682.00845.00
Non-current loans from credit institutions23 022.0036 528.0020 959.0024 629.00
Non-current leasing loans6 663.004 733.006 867.003 191.00
Non-current liabilities total29 685.0041 261.0027 826.0027 820.00
Current loans from credit institutions9 134.008 865.0014 300.0030 077.00
Advances received3 148.00
Current trade creditors10 114.004 803.0010 268.0010 999.00
Short-term deferred tax liabilities2 729.004 793.005 120.002 570.00
Other non-interest bearing current liabilities13 740.0010 477.0016 907.0015 208.00
Accruals and deferred income5 203.00432.00314.00
Current liabilities total40 920.0029 370.0046 909.0062 002.00
Balance sheet total (liabilities)105 470.00106 446.00117 061.00139 751.00
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