TopAgro ApS — Credit Rating and Financial Key Figures

CVR number: 38486926

Kølsenvej 43, 8831 Løgstrup

Income statement (kDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales
Gross profit	684.97	786.85	482.40	514.02	345.92
Employee benefit expenses	- 322.75	- 836.56	- 354.19	- 442.52	- 230.07
Total depreciation	-9.38	-1.79	-1.79	-8.65	-14.29
EBIT	352.85	-51.50	126.42	62.85	101.56
Other financial income	19.80	25.23	15.03	22.06	4.22
Other financial expenses	-11.74	-28.82	-20.24	-49.74	-40.66
Net income from associates (fin.)		76.43	61.62	-45.71	- 123.78
Pre-tax profit	360.91	21.35	182.82	-10.54	-58.66
Income taxes	-79.62	11.33	-29.25	4.00	-16.32
Net earnings	281.29	32.68	153.57	-6.54	-74.98

	2020	2021	2022	2023	2024
Intangible assets total
Buildings	8.34	6.56	4.77	77.87	128.59
Machinery and equipment					256.12
Tangible assets total	8.34	6.56	4.77	77.87	384.71
Holdings in group member companies		1 775.43	1 837.04	1 791.33	1 667.55
Investments total		1 775.43	1 837.04	1 791.33	1 667.55
Long term receivables total
Semifinished products				63.00
Raw materials and consumables	23.65	74.70	163.85	133.58	292.03
Inventories total	23.65	74.70	163.85	196.58	292.03
Current trade debtors	447.66	99.56	24.13	40.60	35.03
Current amounts owed by group member comp.		244.17	255.53	233.72
Current other receivables	24.38	24.99		45.34	39.94
Current deferred tax assets		58.27	21.80	28.55	24.49
Short term receivables total	472.03	427.00	301.45	348.20	99.47
Other current investments	1 870.88
Cash and bank deposits	341.95	201.86	151.77	165.19	81.60
Cash and cash equivalents	2 212.83	201.86	151.77	165.19	81.60
Balance sheet total (assets)	2 716.86	2 485.54	2 458.89	2 579.18	2 525.35

	2020	2021	2022	2023	2024
Share capital	50.00	50.00	50.00	50.00	50.00
Other reserves		76.43	61.62	-45.71	- 123.78
Retained earnings	807.52	1 012.38	1 059.87	1 320.77	1 392.31
Profit of the financial year	281.29	32.68	153.57	-6.54	-74.98
Shareholders equity total	1 138.81	1 171.49	1 325.06	1 318.52	1 243.54
Non-current loans from credit institutions					201.29
Non-current other liabilities	855.37
Non-current deferred tax liabilities		717.94	686.74	666.26
Non-current liabilities total	855.37	717.94	686.74	666.26	201.29
Current loans from credit institutions				151.52	247.86
Current trade creditors	335.54	107.31	57.41	85.22	143.96
Current owed to participating			192.81	196.86	347.28
Current owed to group member		16.05			284.25
Short-term deferred tax liabilities	33.62	6.94	18.19	1.70	17.66
Other non-interest bearing current liabilities	353.52	465.81	178.68	159.11	39.51
Current liabilities total	722.68	596.11	447.09	594.40	1 080.52
Balance sheet total (liabilities)	2 716.86	2 485.54	2 458.89	2 579.18	2 525.35

CreditReports API