Vetgruppen A/S — Credit Rating and Financial Key Figures

CVR number: 40490485

Hovedvejen 3 C, 2605 Brøndby

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales			292.47	350.55	385.53
Other operating income				13.27	13.82
Costs of manufacturing				-78.00	-82.39
External services				-66.27	-73.35
Gross profit	51.77	99.85	171.61	219.54	243.62
Employee benefit expenses				- 199.53	- 219.52
Other operating expenses				-0.90	-0.59
Total depreciation				-21.90	-23.05
EBIT	51.77	99.85	171.61	-2.78	0.46
Other financial income				1.62	3.30
Other financial expenses				-25.19	-37.21
Reduction non-current investment assets				-14.08
Net income from associates (fin.)				4.80	2.00
Pre-tax profit	-4.74	-0.32	-46.86	-35.63	-31.45
Income taxes				-2.63	4.74
Net earnings	-4.74	-0.32	-46.86	-38.26	-26.71

	2020	2021	2022	2023	2024
Development expenditure				2.15	1.51
Intangible rights					1.36
Goodwill				197.08	230.06
Intangible assets total				199.23	232.94
Buildings				14.05	14.58
Machinery and equipment				23.93	20.07
Tangible assets total				37.98	34.65
Holdings in group member companies				199.28	289.39
Investments total	104.14	213.49	418.80	203.01	293.47
Long term receivables total
Finished products/goods				13.64	14.47
Inventories total				13.64	14.47
Current trade debtors				10.25	10.16
Current amounts owed by group member comp.				3.69	1.49
Prepayments and accrued income				0.84	1.30
Current other receivables				2.00	1.58
Current deferred tax assets				3.28	5.00
Short term receivables total				20.06	19.54
Cash and bank deposits				37.62	22.26
Cash and cash equivalents				37.62	22.26
Balance sheet total (assets)	104.14	213.49	418.80	511.54	617.32

	2020	2021	2022	2023	2024
Share capital	66.59	90.57	62.09	0.40	0.40
Other reserves				1.68	1.18
Retained earnings	4.74	0.32	46.86	198.59	179.85
Profit of the financial year	-4.74	-0.32	-46.86	-38.26	-26.71
Shareholders equity total	66.59	90.57	62.09	162.41	154.72
Provisions				35.78	53.36
Non-current loans from credit institutions				210.95	272.69
Non-current leasing loans				0.42
Non-current deferred tax liabilities				15.85	41.36
Non-current liabilities total				227.22	314.06
Current loans from credit institutions				0.52	0.65
Current trade creditors				15.01	12.04
Current owed to group member				38.49	61.33
Other non-interest bearing current liabilities				32.11	21.16
Current liabilities total				86.13	95.18
Balance sheet total (liabilities)	66.59	90.57	62.09	511.54	617.32

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