DEVELCO A/S — Credit Rating and Financial Key Figures

CVR number: 13441243
Hedeager 40, 8200 Aarhus N
info@develco.dk
tel: 87400333
www.develco.dk
Free credit report Annual report

Income statement (kDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales
Gross profit13 623.9015 100.9219 164.3419 384.7423 453.86
Employee benefit expenses-11 077.68-12 612.98-15 024.82-17 451.75-18 406.72
Total depreciation-20.86-39.26-27.03- 314.00- 561.38
EBIT2 525.352 448.684 112.491 619.004 485.76
Other financial income12.11344.8176.22114.1126.20
Other financial expenses- 156.38-33.02- 443.49-95.46- 416.00
Pre-tax profit2 381.082 760.473 745.211 637.654 095.96
Income taxes- 530.90- 599.76- 892.01- 371.05- 919.34
Net earnings1 850.182 160.712 853.201 266.603 176.62

Assets (kDKK)

2020
2021
2022
2023
2024
Development expenditure27.60
Intangible assets total27.60
Buildings923.47860.16641.78
Machinery and equipment28.0816.424.751 559.981 302.37
Tangible assets total28.0816.42928.222 420.151 944.15
Investments total75.0075.00527.13529.28539.81
Non-current loans receivable1 562.131 562.13
Long term receivables total1 562.131 562.13
Raw materials and consumables62.43265.59871.34
Inventories total62.43265.59871.34
Current trade debtors6 482.5711 309.638 119.858 863.029 985.88
Prepayments and accrued income268.37225.67551.49297.61358.41
Current other receivables1 619.8791.99348.431 512.40283.86
Current deferred tax assets18.97
Short term receivables total8 370.8011 646.279 019.7810 673.0410 628.16
Other current investments30.3434.6551.8455.4064.10
Cash and bank deposits3 347.083 784.663 415.1970.871 665.66
Cash and cash equivalents3 377.423 819.323 467.03126.271 729.76
Balance sheet total (assets)13 503.4617 384.7214 813.4913 748.7414 841.87

Equity and liabilities (kDKK)

2020
2021
2022
2023
2024
Share capital525.00525.00525.00525.00525.00
Shares repurchased1 500.001 725.002 280.001 020.002 550.00
Other reserves21.53
Retained earnings78.47225.18105.891 939.10655.69
Profit of the financial year1 850.182 160.712 853.201 266.603 176.62
Shareholders equity total3 975.184 635.895 764.104 750.696 907.31
Provisions30.0055.1066.2363.68
Non-current other liabilities895.61913.29
Non-current deferred tax liabilities751.90787.24816.36
Non-current liabilities total895.61913.29751.90787.24816.36
Current loans from credit institutions104.59536.81181.692 057.44
Advances received476.97
Current trade creditors1 778.346 010.114 189.502 138.772 671.03
Current owed to participating520.25
Short-term deferred tax liabilities269.90648.741 044.391 046.22985.81
Other non-interest bearing current liabilities6 449.314 639.882 826.812 381.912 920.71
Accruals and deferred income0.52
Current liabilities total8 602.6611 835.538 242.408 144.587 054.51
Balance sheet total (liabilities)13 503.4617 384.7214 813.4913 748.7414 841.87
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