Languagewire Holding A/S — Credit Rating and Financial Key Figures

CVR number: 38608924

Nitivej 10, 2000 Frederiksberg

Income statement (mDKK)

	2018	2019	2020	2021	2022
Fiscal period length	12	12	12	12	12
Net sales	273.38	419.60	432.74	472.59	477.08
Other operating income	2.31	0.16		61.31	30.69
Purchases during the financial year		- 195.12	- 187.58	- 195.53	- 186.99
Costs of manufacturing	- 122.58
External services	-49.31	-56.18	-49.09	-58.62	-64.34
Gross profit	103.81	168.46	218.48	279.75	256.44
Employee benefit expenses	-78.97	- 135.98	- 159.21	- 182.57	- 195.94
Total depreciation	-37.16	-43.88	-49.60	-52.75	-52.16
Reduction in value of non-current assets			44.82
EBIT	-12.33	-11.40	9.68	44.44	8.34
Other financial income	1.96	0.39	0.30	0.82	4.92
Other financial expenses	-8.62	-15.02	-17.28	-16.54	-19.85
Pre-tax profit	-19.00	-26.03	-7.30	28.72	-6.59
Income taxes	0.20	1.99	-4.72	2.73	8.49
Net earnings	-18.80	-24.04	-12.02	31.45	1.90

	2018	2019	2020	2021	2022
Development expenditure	17.87	33.60	47.24	66.43	91.49
Intangible rights	207.17	179.34	151.59	123.84	118.13
Goodwill	208.32	196.82	185.53	176.92	204.69
Intangible assets total	433.37	409.76	384.36	367.19	414.31
Machinery and equipment	4.30	3.71	2.75	1.62	4.33
Tangible assets total	4.30	3.71	2.75	1.62	4.33
Investments total	1.13	1.20	1.16	2.00	3.95
Non-current loans receivable		0.89	0.96
Long term receivables total		0.89	0.96
Inventories total
Current trade debtors	80.57	80.35	89.84	92.22	96.99
Current amounts owed by group member comp.			1.85	25.96	30.22
Prepayments and accrued income	2.57	1.68	13.91	0.33	1.10
Current other receivables	7.34	7.85	2.28	15.07	24.09
Current deferred tax assets	7.30	8.81	3.57		1.56
Short term receivables total	97.78	98.69	111.45	133.59	153.98
Cash and bank deposits	27.70	6.83	3.76	12.42
Cash and cash equivalents	27.70	6.83	3.76	12.42
Balance sheet total (assets)	564.28	521.08	504.44	516.83	576.56

	2018	2019	2020	2021	2022
Share capital	1.78	1.85	1.91	1.91	1.91
Share premium account			0.68	0.75
Other restricted equity					1.13
Retained earnings	192.63	175.31	150.12	136.84	164.85
Profit of the financial year	-18.80	-24.04	-12.02	31.45	1.90
Shareholders equity total	175.62	153.11	140.67	170.95	169.79
Provisions	59.43	55.49	50.70	47.42	43.11
Non-current loans from credit institutions	223.52		121.19	190.17	239.95
Non-current liabilities total	223.52		121.19	190.17	239.95
Current loans from credit institutions	13.00	230.34	92.36	5.58	15.60
Advances received	14.40	12.72	10.28	16.43	26.27
Current trade creditors	39.62	39.13	33.24	30.64	31.74
Current owed to participating	0.56
Current owed to group member	0.18	0.18			8.99
Short-term deferred tax liabilities	2.42	0.48	5.49	2.50	1.86
Other non-interest bearing current liabilities	35.53	29.62	50.50	53.14	39.24
Current liabilities total	105.71	312.48	191.87	108.30	123.71
Balance sheet total (liabilities)	564.28	521.08	504.44	516.83	576.56

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