BRAVOUR ApS — Credit Rating and Financial Key Figures

CVR number: 33595212

Borupvang 5 E, 2750 Ballerup

Income statement (mDKK)

	2019	2020	2021	2022	2023
Fiscal period length	12	12	12	12	12
Net sales	2 500.63	2 573.95	2 635.15	2 758.19	3 256.02
Other operating income	8.54	29.12	70.01	54.18	78.28
Costs of manufacturing	- 175.44	- 186.48	- 169.00	- 197.15	- 219.24
External services	- 200.09	- 209.83	- 275.24	- 267.92	- 357.49
Gross profit	-2 325.19	-2 387.47	2 260.92	2 347.30	2 757.57
Employee benefit expenses	-2 065.21	-2 114.32	-2 216.78	-2 333.62	-2 707.36
Other operating expenses				-10.89	-17.56
Total depreciation	-26.96	-32.50	-34.19	-28.16	-57.05
EBIT	-4 417.36	-4 534.29	9.95	-25.38	-24.41
Other financial income	0.01	0.40	0.03	4.43	15.78
Other financial expenses	-3.76	-2.37	-2.85	-4.38	-34.95
Net income from associates (fin.)		-6.76	-0.95
Pre-tax profit	37.72	51.20	6.18	-25.32	-43.58
Income taxes	-10.65	-15.50	-2.96	1.62	-3.11
Net earnings	27.07	35.70	3.23	-23.70	-46.70

	2019	2020	2021	2022	2023
Development expenditure	3.26	2.21	1.37	2.48	5.85
Intangible rights					66.20
Goodwill	65.89	58.02	50.00	44.38	182.31
Intangible assets total	69.15	60.23	51.37	46.86	254.36
Land and waters	147.77	155.47	150.83	161.08	149.76
Buildings	33.10	33.71	25.47	8.64	18.18
Machinery and equipment	38.51	38.71	34.65	38.10	60.92
Tangible assets total	219.38	227.90	210.94	207.83	228.86
Investments total
Non-current other receivables	1.86	1.08
Long term receivables total	1.86	1.08
Raw materials and consumables	7.78	4.17	3.35	3.23	6.13
Other stocks				3.35
Inventories total	7.78	4.17	3.35	6.58	6.13
Current trade debtors	297.69	265.33	308.55	366.90	463.23
Prepayments and accrued income	167.51	180.65	108.01	65.46	54.50
Current other receivables	-23.72	-11.16	27.21	53.35	40.91
Current deferred tax assets	15.13	15.66	14.66	13.51	32.50
Short term receivables total	456.60	450.49	458.43	499.23	591.14
Cash and bank deposits	113.59	172.93	197.53	88.67	96.77
Cash and cash equivalents	113.59	172.93	197.53	88.67	96.77
Balance sheet total (assets)	868.37	916.79	921.62	849.17	1 177.26

	2019	2020	2021	2022	2023
Share capital	0.08	0.08	0.08	0.08	0.08
Asset revaluation reserve			28.91	28.12	26.67
Shares repurchased	2.00
Other reserves	32.67	30.56	0.59	1.04	2.52
Retained earnings	110.92	128.87	158.03	157.49	155.44
Profit of the financial year	27.07	35.70	3.23	-23.70	-46.70
Minority interest (BS)	130.31	147.09	127.58	99.70	79.39
Shareholders equity total	303.06	342.31	318.43	262.74	217.40
Provisions	30.00	32.76	31.34	22.84	48.51
Non-current loans from credit institutions	48.26	33.28	31.03	26.02	120.09
Non-current other liabilities	26.07	69.02	65.88	69.86	69.75
Non-current liabilities total	74.32	102.31	96.91	95.88	189.84
Current loans from credit institutions	88.36	11.98	73.76	63.83	172.34
Current trade creditors	55.12	39.44	52.23	95.84	90.42
Current owed to group member		0.38
Short-term deferred tax liabilities	2.38	6.59	2.51	0.82	5.68
Other non-interest bearing current liabilities	315.13	381.02	184.42	160.32	240.46
Accruals and deferred income			162.02	146.90	212.63
Current liabilities total	460.99	439.42	474.94	467.72	721.51
Balance sheet total (liabilities)	868.37	916.79	921.62	849.17	1 177.26

CreditReports API