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Horn Business Group ApS — Credit Rating and Financial Key Figures

CVR number: 41026618
Farvervej 40, 7490 Aulum

Income statement (kDKK)

2018
2019
2020
2021
2022
Fiscal period length1212121212
Net sales
Gross profit43 155.5650 476.0567 053.9672 728.4459 924.51
Employee benefit expenses-34 799.62-39 368.96-51 319.73-59 494.55-56 790.18
Other operating expenses-11.11-13.78-10.00
Total depreciation-3 734.24-2 845.47-2 775.08-3 280.79-5 124.36
EBIT4 621.708 272.7312 959.159 939.31-2 000.02
Other financial income3.110.090.010.4322.09
Other financial expenses-1 084.75-1 004.50- 792.53- 725.35-1 636.93
Pre-tax profit3 540.067 268.3212 166.639 214.38-3 614.86
Income taxes- 774.25-1 712.01-2 686.42-2 002.21798.96
Net earnings2 765.815 556.319 480.217 212.17-2 815.90

Assets (kDKK)

2018
2019
2020
2021
2022
Development expenditure197.85428.632 452.605 804.268 815.29
Intangible rights377.97616.04639.32697.18363.44
Intangible assets total575.811 044.673 091.926 501.449 178.73
Land and waters20 895.7926 824.7528 132.3127 222.8066 985.41
Buildings8 523.669 637.2711 247.9423 417.82
Machinery and equipment10 320.392 943.415 016.747 425.966 301.30
Advance payments and construction in progress7 764.66
Tangible assets total31 216.1838 291.8142 786.3253 661.3596 704.53
Participating interests15.0015.00
Investments total20.0015.00
Non-curr. owed by particip. interest comp.887.99
Long term receivables total887.99
Semifinished products1 475.291 723.041 980.792 077.052 072.34
Raw materials and consumables11 669.0914 100.1618 048.0323 486.3219 876.32
Finished products/goods309.30765.852 668.161 423.95779.86
Inventories total13 453.6916 589.0522 696.9826 987.3222 728.52
Current trade debtors8 880.1415 106.2318 798.3418 794.6322 281.63
Current owed by particip. interest comp.196.55
Prepayments and accrued income527.02940.18857.062 618.233 456.57
Current other receivables62.701 466.50334.062 072.032 094.52
Current deferred tax assets20.34
Short term receivables total9 469.8617 512.9019 989.4623 484.8928 049.60
Cash and bank deposits344.41186.235 648.22763.6478.51
Cash and cash equivalents344.41186.235 648.22763.6478.51
Balance sheet total (assets)55 059.9573 624.6694 212.90111 418.64157 642.89

Equity and liabilities (kDKK)

2018
2019
2020
2021
2022
Share capital500.00100.00100.00100.00100.00
Asset revaluation reserve1 054.791 027.03999.27971.51943.75
Shares repurchased2 000.00
Other reserves154.32334.331 913.034 527.326 875.93
Retained earnings8 379.5110 893.078 898.4515 792.1220 683.44
Profit of the financial year2 765.815 556.319 480.217 212.17-2 815.90
Shareholders equity total12 854.4317 910.7423 390.9528 603.1225 787.22
Provisions1 840.002 471.003 509.904 922.004 139.00
Non-current loans from credit institutions11 825.7815 442.2315 351.7714 284.6650 407.58
Non-current leasing loans6 443.326 011.406 018.676 241.7214 157.51
Non-current other liabilities2 952.993 351.01
Non-current deferred tax liabilities3 235.906 744.05126.79
Non-current liabilities total18 269.1024 689.5328 114.4923 606.1767 916.10
Current loans from credit institutions7 498.034 586.946 856.2618 546.5722 127.76
Advances received1 411.03145.03
Current trade creditors6 940.1311 747.5115 277.3522 257.5126 038.73
Current owed to participating4 066.39
Short-term deferred tax liabilities262.151 175.161 648.51391.98
Other non-interest bearing current liabilities7 396.1011 043.7715 415.4411 680.267 322.66
Accruals and deferred income100.00
Current liabilities total22 096.4228 553.3939 197.5654 287.3559 800.56
Balance sheet total (liabilities)55 059.9573 624.6694 212.90111 418.64157 642.89
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