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H.P.P. HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 20715987
Grønløkkevej 10, 5000 Odense C

Income statement (mDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales200.66202.52201.77177.18175.68
Change in finished goods inventory-2.50
Other operating income0.360.851.593.181.28
Purchases during the financial year- 116.94- 109.65- 101.30-80.34-70.77
Change in stocks209.2721.019.1754.49
External services-30.77-45.52-48.48-34.92-39.68
Gross profit211.39257.4674.5774.27121.00
Employee benefit expenses-18.00-18.92-21.38-25.89-23.34
Total depreciation-0.81-0.72-1.09-1.35-1.46
Reduction in value of non-current assets155.58209.2721.019.1754.49
EBIT192.58237.8352.1147.0296.20
Other financial income34.9219.7924.1735.8721.76
Other financial expenses-25.86-49.95-38.70-41.57-47.73
Income from other inv. held as non-curr. assets0.070.05-0.000.03
Net income from associates (fin.)4.985.0126.254.745.45
Pre-tax profit206.69212.7263.8246.1175.68
Income taxes-39.40-42.80-3.99-18.31-12.60
Net earnings167.29169.9159.8427.7963.07

Assets (mDKK)

2020
2021
2022
2023
2024
Goodwill5.44
Intangible assets total5.44
Land and waters1.031.031.03
Buildings1 476.401 695.061 725.371 732.671 814.75
Machinery and equipment1.972.283.802.943.08
Advance payments and construction in progress4.191.816.0722.030.30
Tangible assets total1 482.561 699.151 736.271 758.661 819.16
Participating interests24.8829.8856.1360.8866.33
Investments total24.8829.8856.1360.8866.33
Non-curr. owed by group member comp.91.4779.6982.8780.0073.98
Non-curr. owed by particip. interest comp.19.5619.9620.4721.1123.35
Non-current other receivables3.161.36
Long term receivables total114.19101.02103.33101.1197.33
Raw materials and consumables0.380.190.210.150.17
Finished products/goods5.805.003.683.683.90
Advance payments0.861.270.630.632.08
Inventories total7.046.454.534.476.16
Current trade debtors8.435.384.113.272.59
Current amounts owed by group member comp.4.678.3110.9810.554.68
Prepayments and accrued income0.220.380.260.420.81
Current other receivables66.4533.2843.8126.6422.96
Current deferred tax assets0.100.100.20
Short term receivables total79.7747.4659.2640.8831.24
Other current investments140.19117.88126.17148.07125.76
Cash and bank deposits36.2549.7544.4229.0630.36
Cash and cash equivalents176.45167.62170.60177.13156.12
Balance sheet total (assets)1 884.892 051.592 130.122 143.132 181.78

Equity and liabilities (mDKK)

2020
2021
2022
2023
2024
Share capital2.002.002.002.002.00
Shares repurchased6.006.006.006.0010.50
Other reserves-43.6721.9263.4064.2164.20
Retained earnings483.29610.58739.51783.71785.01
Profit of the financial year167.29169.9159.8427.7963.07
Minority interest (BS)106.18141.06152.18154.21163.38
Shareholders equity total721.10951.471 022.921 037.921 088.16
Provisions153.72210.58213.89225.79239.70
Non-current loans from credit institutions781.98767.12767.86753.73598.25
Non-current owed to group member3.153.003.153.303.46
Non-current deferred tax liabilities69.3356.0047.0047.4041.43
Non-current liabilities total854.47826.12818.00804.43643.14
Current loans from credit institutions6.516.3813.7613.27160.28
Advances received5.545.87
Current trade creditors8.8610.3310.7010.919.80
Current owed to participating0.34
Current owed to group member0.331.030.986.50
Short-term deferred tax liabilities11.136.4812.579.131.67
Other non-interest bearing current liabilities128.3039.4536.8535.1626.65
Accruals and deferred income0.450.450.40
Current liabilities total155.6063.4175.3074.98210.78
Balance sheet total (liabilities)1 884.892 051.592 130.122 143.132 181.78
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