Dansk Emballage A/S — Credit Rating and Financial Key Figures

CVR number: 36732474

Industrivej 6 C, 6580 Vamdrup

bogholderi@danskemballage.dk

tel: 51940000

www.danskemballage.dk

Income statement (kDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales
Gross profit	3 176.86	6 879.34	10 861.14	11 570.24	14 081.47
Employee benefit expenses	-2 056.57	-3 013.90	-6 837.58	-6 782.96	-7 800.76
Other operating expenses	-5.96			-24.00
Total depreciation	- 255.51	- 473.47	- 989.09	-1 063.83	-1 708.16
EBIT	858.81	3 391.96	3 034.47	3 699.44	4 572.55
Other financial income			5.18	34.01	5.60
Other financial expenses	-51.89	-74.27	- 418.26	- 565.99	- 661.58
Net income from associates (fin.)			-51.01	323.94	598.76
Pre-tax profit	806.92	3 317.69	2 570.39	3 491.41	4 515.33
Income taxes	- 178.84	- 730.17	- 570.02	- 715.74	- 876.28
Net earnings	628.07	2 587.52	2 000.37	2 775.66	3 639.05

	2020	2021	2022	2023	2024
Goodwill	607.50	472.50	2 726.92	2 359.42	2 827.92
Intangible assets total	607.50	472.50	2 726.92	2 359.42	2 827.92
Land and waters	4 013.35	4 010.66	10 969.01	11 012.16	10 836.40
Buildings	129.35	502.58	530.50	7 392.59	7 024.53
Machinery and equipment		552.78	414.58	276.39	138.19
Tangible assets total	4 142.69	5 066.02	11 914.09	18 681.14	17 999.12
Holdings in group member companies			11 801.97	12 125.91	12 724.67
Investments total	19.71	159.21	11 966.69	12 445.50	13 109.46
Non-current other receivables					100.00
Long term receivables total					100.00
Raw materials and consumables	492.71
Finished products/goods		1 008.90	2 886.36	2 319.11	4 002.98
Inventories total	492.71	1 008.90	2 886.36	2 319.11	4 002.98
Current trade debtors	502.81	898.76	2 372.46	2 139.91	3 445.13
Current amounts owed by group member comp.		1 163.10	2 225.86	489.29
Prepayments and accrued income	51.74	18.19	538.90
Current other receivables	0.08	21.13	23.68		32.33
Current deferred tax assets	10.00
Short term receivables total	564.64	2 101.17	5 160.90	2 629.20	3 477.46
Cash and bank deposits	982.18	3 297.25	2 673.60	1 680.34	1 958.72
Cash and cash equivalents	982.18	3 297.25	2 673.60	1 680.34	1 958.72
Balance sheet total (assets)	6 809.43	12 105.04	37 328.55	40 114.70	43 475.66

	2020	2021	2022	2023	2024
Share capital	50.00	50.00	400.00	400.00	400.00
Shares repurchased	235.75		1 828.88
Other reserves			- 758.88	272.94	871.70
Retained earnings	2 215.16	2 843.23	3 439.39	5 166.83	7 343.73
Profit of the financial year	628.07	2 587.52	2 000.37	2 775.66	3 639.05
Shareholders equity total	3 128.98	5 480.75	6 909.77	8 615.43	12 254.48
Provisions		10.45	71.94	518.40	720.73
Non-current loans from credit institutions	1 832.68	1 730.56	1 627.22	1 524.71	1 433.97
Non-current leasing loans		308.36	163.96
Non-current owed to group member			21 785.30	20 422.80	20 557.80
Non-current other liabilities	405.00	268.47	30.07	10.80	3.00
Non-current deferred tax liabilities			277.52
Non-current liabilities total	2 237.68	2 307.39	23 884.07	21 958.31	21 994.77
Current loans from credit institutions	240.00	430.30	1 470.30	1 418.87	706.09
Advances received					39.85
Current trade creditors	331.56	1 851.69	2 680.53	2 813.81	2 106.45
Current owed to participating	4.23	1.44
Current owed to group member		176.29		2 550.23	2 976.26
Short-term deferred tax liabilities	80.83	614.26	508.53	269.28	673.95
Other non-interest bearing current liabilities	786.14	1 232.47	1 803.42	1 970.37	2 003.08
Current liabilities total	1 442.76	4 306.44	6 462.78	9 022.56	8 505.68
Balance sheet total (liabilities)	6 809.43	12 105.04	37 328.55	40 114.70	43 475.66

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