PRIMO HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 25052498

Jernbanegade 11, 6862 Tistrup

primo@primo.dk

tel: 75299769

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	1 071.00	1 348.00	1 526.00	1 294.49	1 354.82
Other operating income				0.73	10.40
Costs of manufacturing				-1 009.43	-1 016.75
Gross profit	306.00	400.00	362.00	285.06	338.07
Costs of management				- 171.00	- 167.72
Costs of distribution				-88.92	-89.31
Other operating expenses					-1.61
EBIT	96.00	145.00	72.00	25.88	89.83
Other financial income				115.03	129.66
Other financial expenses				-17.85	-20.34
Net income from associates (fin.)				0.00	0.83
Pre-tax profit	126.00	217.00	-7.00	123.06	199.97
Income taxes				-19.56	-34.99
Net earnings	126.00	217.00	-7.00	103.50	164.98

	2020	2021	2022	2023	2024
Development expenditure				4.15	1.07
Goodwill				29.76	23.17
Intangible assets total				33.91	24.24
Land and waters				195.30	187.01
Buildings				210.89	202.10
Machinery and equipment				23.66	42.74
Advance payments and construction in progress				13.43	11.16
Tangible assets total				443.28	443.02
Participating interests				3.43	3.73
Investments total	1 161.00	1 412.00	1 496.00	3.43	3.73
Non-current other receivables				0.07	0.06
Long term receivables total				0.07	0.06
Semifinished products				9.13	7.55
Raw materials and consumables				96.90	87.74
Finished products/goods				82.64	79.94
Inventories total				188.67	175.22
Current trade debtors				153.91	148.19
Current amounts owed by group member comp.				5.71	3.75
Current owed by particip. interest comp.				0.19	0.23
Prepayments and accrued income				4.31	6.20
Current other receivables				16.70	12.61
Current deferred tax assets				2.53	0.42
Short term receivables total				183.35	171.39
Other current investments				657.17	771.34
Cash and bank deposits				84.54	49.60
Cash and cash equivalents				741.72	820.95
Balance sheet total (assets)	1 161.00	1 412.00	1 496.00	1 594.41	1 638.61

	2020	2021	2022	2023	2024
Share capital	914.00	1 112.00	1 098.00	10.00	10.00
Shares repurchased					10.00
Other reserves				-5.51	-6.67
Retained earnings	- 126.00	- 217.00	7.00	998.67	1 075.47
Profit of the financial year	126.00	217.00	-7.00	103.50	164.98
Minority interest (BS)				78.56	95.25
Shareholders equity total	914.00	1 112.00	1 098.00	1 185.21	1 349.03
Provisions				1.46	5.35
Non-current loans from credit institutions				72.19	68.03
Non-current liabilities total				72.19	68.03
Current loans from credit institutions				114.32	50.41
Advances received				3.79	2.11
Current trade creditors				93.52	72.19
Current owed to participating				15.00
Short-term deferred tax liabilities				9.12	6.07
Other non-interest bearing current liabilities				99.81	85.42
Current liabilities total				335.56	216.19
Balance sheet total (liabilities)	914.00	1 112.00	1 098.00	1 594.41	1 638.61

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