Bjarne Kjær & Søn Holding ApS — Credit Rating and Financial Key Figures

CVR number: 34605300

Stamholmen 71, 2650 Hvidovre

Income statement (kDKK)

	2019	2020	2021	2022	2023
Fiscal period length	12	12	12	12	12
Net sales
Gross profit		15 322.24	16 870.01	30 928.23	27 449.34
Costs of management		-12 023.71	-10 086.94	-12 189.79	-15 882.42
Costs of distribution		-2 341.74	-1 861.61	-1 978.07	-1 434.16
Employee benefit expenses	-46 097.44
Other operating expenses		- 915.43	- 504.73	-2 993.71	-3 338.46
EBIT	-46 097.44	41.36	4 416.72	13 766.67	6 794.29
Other financial income		1 253.45	795.86	706.59	934.03
Other financial expenses		-6 476.96	-4 195.87	-7 032.81	-10 378.17
Net income from associates (fin.)					- 871.81
Pre-tax profit		-5 182.14	1 016.71	7 440.45	-3 521.66
Income taxes		- 463.43	- 473.53	-2 501.32	-1 264.32
Net earnings		-5 645.57	543.17	4 939.13	-4 785.98

	2020	2021	2022	2023
Intangible rights	236.72
Goodwill	2 596.00	2 271.50	1 947.00	7 712.38
Intangible assets total	2 832.72	2 271.50	1 947.00	7 712.38
Land and waters	37 668.68	36 986.07	34 923.66	36 495.81
Buildings	9 979.93	9 111.15	11 860.06	21 984.49
Machinery and equipment	1 106.04	1 479.27	1 793.61	2 012.91
Advance payments and construction in progress	10 813.36	11 012.48	11 454.00	13 606.64
Tangible assets total	59 568.02	58 588.96	60 031.33	74 099.85
Investments total	5 270.52	5 235.95	5 394.96	-25 394.03
Non-current loans receivable	81.48
Long term receivables total	81.48
Semifinished products	56 542.99	43 429.85	54 815.27	23 933.81
Raw materials and consumables	23 183.08	36 318.92	27 088.98	57 135.88
Finished products/goods	20 285.00	18 457.00	19 371.97	25 686.10
Inventories total	100 011.07	98 205.77	101 276.22	106 755.79
Current trade debtors	40 140.60	26 011.55	56 053.37	40 322.01
Prepayments and accrued income	419.61	1 177.56	196.82	199.78
Current other receivables	2 329.12	22 321.26	18 783.67	20 976.40
Current deferred tax assets	518.82	324.84	812.79	457.29
Short term receivables total	43 408.15	49 835.20	75 846.66	61 955.49
Other current investments		0.49	0.48
Cash and bank deposits	1 940.90	15 973.44	13 815.53	4 981.52
Cash and cash equivalents	1 940.90	15 973.93	13 816.01	4 981.52
Balance sheet total (assets)	213 112.86	230 111.31	258 312.18	230 111.00

	2020	2021	2022	2023
Share capital	81.00	81.00	81.00	81.00
Shares repurchased	113.00	114.40
Other reserves				-12 314.21
Retained earnings	87 629.62	73 143.11	75 284.23	80 777.93
Profit of the financial year	-5 645.57	543.17	4 939.13	-4 785.98
Minority interest (BS)	-1 853.22	-2 371.78	-3 519.52	7 751.27
Shareholders equity total	80 324.83	71 509.90	76 784.84	71 510.00
Provisions		170.26		12 314.21
Capital loans		15 598.59	15 316.12
Non-current loans from credit institutions	7 270.52	6 281.14	5 164.97	4 561.89
Non-current leasing loans	4 835.31	3 257.72	6 158.42	20 468.73
Non-current other liabilities	8 775.11	8 014.07	2 122.00	2 211.99
Non-current deferred tax liabilities			5 523.74	5 467.62
Non-current liabilities total	20 880.94	33 151.52	34 285.24	32 710.22
Current loans from credit institutions	87 156.54	84 687.92	89 325.43	76 951.74
Current trade creditors	19 134.14	20 747.16	12 100.81	11 326.57
Short-term deferred tax liabilities	115.90	61.89
Other non-interest bearing current liabilities	5 433.55	19 521.81	45 575.96	56 085.54
Accruals and deferred income	66.95	260.85	239.90	5.03
Current liabilities total	111 907.09	125 279.63	147 242.09	144 368.88
Balance sheet total (liabilities)	213 112.86	230 111.31	258 312.18	260 903.32

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