POLAR SEAFOOD GREENLAND A/S

CVR number: 11812910

Imaneq 24, 3900 Nuuk

Income statement (mDKK)

	2019	2020	2021	2022	2023
Fiscal period length	12	12	12	12	12
Net sales	617.04	612.92	577.33	884.76	791.97
Other operating income	59.30	29.35	67.99	61.95	29.60
Costs of manufacturing	- 342.62	- 346.21	- 290.96	- 449.46	- 495.12
External services	-13.30	-27.52	-28.94	-42.32	-47.99
Gross profit	320.42	268.54	325.42	454.94	278.46
Employee benefit expenses	- 199.57	- 181.35	- 176.23	- 237.35	- 238.91
Total depreciation	-5.36	-57.82	-67.36	-76.89	-55.89
EBIT	115.49	29.37	81.83	140.69	-16.35
Other financial income	2.03	6.12	0.69	0.93	2.71
Other financial expenses	-10.19	-14.27	-11.14	-10.11	-26.71
Reduction non-current investment assets			-3.87	-2.69	-4.36
Net income from associates (fin.)	84.98	93.64	127.63	63.82	93.98
Pre-tax profit	192.30	114.86	195.13	192.63	49.28
Income taxes	-17.13	-7.54	-21.07	-30.47	10.43
Net earnings	175.17	107.32	174.06	162.16	59.71

	2019	2020	2021	2022	2023
Intangible rights	2.73	0.27
Intangible assets total	2.73	0.27
Land and waters	36.03	39.21	36.48	32.45	29.44
Buildings	12.72	11.52	10.55	9.22	7.23
Machinery and equipment	665.95	629.45	817.78	756.89	705.00
Advance payments and construction in progress	0.15	17.08
Tangible assets total	714.85	697.25	864.80	798.55	741.67
Holdings in group member companies	748.56	794.05	214.44	260.65	298.41
Participating interests	214.54	226.65	887.45	891.94	636.32
Investments total	963.10	1 020.69	1 101.89	1 152.59	934.73
Non-curr. owed by particip. interest comp.					75.00
Non-current loans receivable	0.22	0.81	0.82	0.81	0.84
Non-current other receivables	17.58	19.95	21.59	31.11	103.00
Long term receivables total	17.80	20.76	22.41	31.92	178.84
Raw materials and consumables	12.61	10.10	14.86	22.95	21.86
Finished products/goods	26.63	8.99	38.68	23.48	52.61
Inventories total	39.24	19.09	53.54	46.43	74.47
Current trade debtors	11.05	4.54	0.31	0.30	0.46
Current amounts owed by group member comp.	3.67	3.04	2.40	1.71	0.77
Current owed by particip. interest comp.	28.40	36.04	57.69	83.38	124.50
Prepayments and accrued income	0.04	0.53	1.78	1.67	12.07
Current other receivables	34.70	21.73	4.95	3.64	19.94
Short term receivables total	77.85	65.88	67.13	90.69	157.74
Cash and bank deposits	7.34	8.87	6.94	7.17	3.69
Cash and cash equivalents	7.34	8.87	6.94	7.17	3.69
Balance sheet total (assets)	1 822.91	1 832.82	2 116.71	2 127.34	2 091.13

	2019	2020	2021	2022	2023
Share capital	1.00	1.00	1.00	1.00	1.00
Shares repurchased		50.00		12.00	16.80
Other reserves	819.00	886.16	967.36	1 018.06	796.46
Retained earnings	252.48	281.30	312.85	444.57	493.11
Profit of the financial year	175.17	107.32	174.06	162.16	59.71
Shareholders equity total	1 247.65	1 325.78	1 455.27	1 637.80	1 367.08
Provisions	71.34	74.77	88.89	86.20	71.19
Non-current loans from credit institutions					315.83
Non-current deferred tax liabilities	1.04	1.23	1.23	1.23	1.23
Non-current liabilities total	1.04	1.23	1.23	1.23	317.06
Current loans from credit institutions	0.02		0.01	0.00	50.28
Current trade creditors	26.02	15.30	20.22	17.93	17.30
Current owed to participating	33.58	0.03	220.01	36.07	5.37
Current owed to group member	311.65	301.06	177.83	182.77	137.38
Short-term deferred tax liabilities	8.47	3.60	5.48	39.32	2.91
Other non-interest bearing current liabilities	123.15	111.05	147.77	126.03	122.57
Current liabilities total	502.89	431.05	571.32	402.12	335.80
Balance sheet total (liabilities)	1 822.91	1 832.82	2 116.71	2 127.34	2 091.13

Try the full version of our system for free

... and more!

No registration needed.