TRECO A/S — Credit Rating and Financial Key Figures

CVR number: 87210715

Elmegaardsvej 3, 9620 Aalestrup

treco@treco.dk

tel: 98642244

Income statement (mDKK)

	2019	2020	2021	2022	2023
Fiscal period length	12	12	12	12	12
Net sales	220.69	225.78		559.23	326.89
Change in finished goods inventory			19.26	-31.59
Manufacturing for enterprise's own use			-1.08	-1.22	-1.60
Other operating income			3.66	5.21	5.76
Purchases during the financial year			- 315.77	- 327.22	- 166.10
External services			-27.82	-39.30	-36.03
Gross profit	82.11	91.39	128.47	167.54	121.57
Employee benefit expenses	-52.09	-67.43	- 104.48	- 135.68	- 123.45
Other operating expenses					-0.64
Total depreciation	-5.63	-6.07	-7.65	-11.73	-11.76
EBIT	24.39	17.88	16.34	20.13	-14.28
Other financial income	0.28	0.03	0.31	0.77	0.53
Other financial expenses	-0.47	-0.77	-2.28	-3.66	-6.20
Net income from associates (fin.)			0.49
Pre-tax profit	24.20	17.14	3.10	17.24	-19.94
Income taxes	-5.34	-3.78	-3.10	-3.92	4.38
Net earnings	18.86	13.36		13.32	-15.56

	2019	2020	2021	2022	2023
Development expenditure	7.70	9.99	14.36	16.26	18.26
Intangible assets total	7.70	9.99	14.36	16.26	18.26
Buildings	17.94	24.35	30.26	36.21	42.16
Machinery and equipment	2.81	4.13	5.80	4.70	2.91
Advance payments and construction in progress				1.66
Tangible assets total	20.75	28.47	36.07	42.57	45.06
Holdings in group member companies			2.07
Investments total	0.34	0.40	2.54	0.50	0.52
Long term receivables total
Semifinished products			33.27	33.74	27.69
Raw materials and consumables			37.51	46.18	30.97
Finished products/goods	35.77	69.19	38.14	11.55	7.06
Advance payments					0.43
Inventories total	35.77	69.19	108.91	91.47	66.14
Current trade debtors	50.72	71.34	98.46	80.92	35.49
Current amounts owed by group member comp.	0.15	0.52	1.52	7.39	3.75
Prepayments and accrued income	1.01	0.63	3.62	2.24	1.65
Current other receivables	1.26	3.87	4.57	4.14	2.86
Current deferred tax assets			0.33
Short term receivables total	53.14	76.36	108.50	94.69	43.75
Cash and bank deposits	0.71	0.57	0.58	0.41	0.18
Cash and cash equivalents	0.71	0.57	0.58	0.41	0.18
Balance sheet total (assets)	118.40	184.98	270.97	245.91	173.92

	2019	2020	2021	2022	2023
Share capital	0.60	0.60	0.60	0.60	0.60
Shares repurchased	12.00	9.00		9.00
Other reserves	3.69	5.48	-1.05	13.11	14.25
Retained earnings	17.36	24.62	45.84	34.00	45.76
Profit of the financial year	18.86	13.36		13.32	-15.56
Shareholders equity total	52.52	53.06	45.40	70.03	45.05
Provisions	3.03	4.95	5.50	7.14	2.64
Non-current loans from credit institutions	0.39	0.16	1.46	0.83
Non-current leasing loans	7.10	11.35	12.61	12.89	17.37
Non-current other liabilities	7.10	12.60
Non-current deferred tax liabilities			1.28	1.26	3.06
Non-current liabilities total	14.59	24.11	15.34	14.99	20.43
Current loans from credit institutions	11.53	42.89	92.87	84.83	59.20
Advances received	1.43	2.61	1.38	6.25	7.85
Current trade creditors	21.09	48.89	85.19	41.57	27.69
Current owed to group member	3.57	3.63	2.35	1.50
Short-term deferred tax liabilities	5.05	1.63		5.46
Other non-interest bearing current liabilities	12.70	13.94	8.98	14.13	11.06
Accruals and deferred income		0.60	13.96
Current liabilities total	55.37	114.22	204.73	153.75	105.80
Balance sheet total (liabilities)	125.50	196.33	270.97	245.91	173.92

Try the full version of our system for free

... and more!

No registration needed.