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LAURITZEN BULKERS A/S — Credit Rating and Financial Key Figures

CVR number: 55700117
Tuborg Havnevej 15, 2900 Hellerup
legal@lauritzenbulkers.com
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Income statement (mUSD)

2016
2017
2018
Fiscal period length121212
Net sales420.02555.11565.37
Other operating income4.093.153.27
Gross profit424.11558.26568.64
Other operating expenses- 443.88- 560.15- 551.06
Total depreciation-29.89-27.93-27.55
EBIT-49.67-29.82-9.97
Other financial income27.713.910.78
Other financial expenses-26.97-17.35-14.04
Pre-tax profit-48.93-43.25-23.23
Income taxes3.11-2.15-1.09
Profit/loss from discontinued operations0.20
Net earnings-45.62-45.41-24.32

Assets (mUSD)

2016
2017
2018
Intangible assets total
Tangible assets total
Participating interests26.8727.1328.38
Other non-current investments385.24377.63360.31
Investments total412.11404.76388.69
Deferred tax assets3.704.102.20
Long term receivables total3.704.102.20
Inventories total
Current trade debtors10.428.404.22
Prepayments and accrued income6.276.956.18
Current other receivables44.0621.6627.52
Short term receivables total60.7437.0237.91
Cash and bank deposits140.5758.5433.43
Cash and cash equivalents140.5758.5433.43
Balance sheet total (assets)617.13504.42462.23

Equity and liabilities (mUSD)

2016
2017
2018
Share capital63.8665.4765.47
Other reserves-9.97-6.48-6.09
Retained earnings214.57247.34201.18
Profit of the financial year-45.62-45.41-24.32
Shareholders equity total222.84260.92236.24
Non-current loans from credit institutions215.95193.71191.11
Non-current other liabilities1.380.480.29
Non-current liabilities total217.33194.18191.40
Current trade creditors13.4918.2411.62
Short-term deferred tax liabilities0.50
Other non-interest bearing current liabilities128.8015.2422.98
Current provisions34.6715.33
Current liabilities total176.9649.3134.60
Balance sheet total (liabilities)617.13504.42462.23
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