Weco Shipping A/S — Credit Rating and Financial Key Figures

CVR number: 36959096

Rungsted Strandvej 113, 2960 Rungsted Kyst

Income statement (mUSD)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	186.44	387.54	674.28	535.11	566.57
Other operating income				0.31	0.71
Purchases during the financial year				- 451.70	- 508.57
External services				-2.23	-5.07
Gross profit	186.44	387.54	674.28	81.49	53.65
Employee benefit expenses				-17.11	-12.50
Total depreciation				-3.62	-0.01
EBIT	-11.10	65.70	139.36	68.00	41.15
Other financial income				6.95	6.32
Other financial expenses				-0.98	-0.99
Net income from associates (fin.)				2.15	3.69
Pre-tax profit	-12.60	72.49	152.43	76.12	50.16
Income taxes				-0.03	-1.00
Net earnings	-12.60	72.49	152.43	76.09	49.16

	2020	2021	2022	2023	2024
Intangible assets total
Machinery and equipment				39.51	2.01
Tangible assets total				39.51	2.01
Participating interests				46.78	54.96
Investments total	156.59	238.07	335.74	46.78	54.96
Non-current loans receivable					0.43
Long term receivables total					0.43
Raw materials and consumables				12.99	10.41
Inventories total				12.99	10.41
Current trade debtors				41.65	25.85
Current amounts owed by group member comp.					14.72
Current owed by particip. interest comp.				0.04	0.02
Prepayments and accrued income				31.59	30.39
Current other receivables				9.57	8.43
Current deferred tax assets				0.06	0.00
Short term receivables total				82.91	79.42
Other current investments				11.78	15.60
Cash and bank deposits				106.75	131.25
Cash and cash equivalents				118.53	146.85
Balance sheet total (assets)	156.59	238.07	335.74	300.72	294.08

	2020	2021	2022	2023	2024
Share capital	79.04	148.40	262.62	5.72	5.72
Shares repurchased				76.19	25.00
Other reserves				-76.22	-25.75
Retained earnings	12.60	-72.49	- 152.43	79.83	108.10
Profit of the financial year	-12.60	72.49	152.43	76.09	49.16
Minority interest (BS)				72.36	86.97
Shareholders equity total	79.04	148.40	262.62	233.97	249.20
Non-current leasing loans				11.80
Non-current liabilities total				11.80
Current trade creditors				18.78	17.54
Current owed to participating				0.56	4.00
Current owed to group member				0.61
Short-term deferred tax liabilities				0.01
Other non-interest bearing current liabilities				13.32	3.47
Accruals and deferred income				21.66	19.86
Current liabilities total				54.95	44.88
Balance sheet total (liabilities)	79.04	148.40	262.62	300.72	294.08

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