ALUMECO ApS — Credit Rating and Financial Key Figures

CVR number: 19851974

Næsbyvej 26, 5000 Odense C

Income statement (mDKK)

	2012	2013	2014	2015	2016
Fiscal period length	12	12	12	12	12
Net sales	2 228.66	2 376.42	2 656.74	2 914.80	3 282.69
Change in finished goods inventory	-3.01	41.64	93.95	20.38	91.77
Other operating income	14.03	9.88	11.04	13.26	14.40
Costs of manufacturing	-1 848.70	-1 991.96	-2 298.06	-2 448.62	-2 831.84
External services	-90.42	-75.28	-85.71	-82.53	-98.61
Gross profit	300.56	360.69	377.96	417.28	458.41
Employee benefit expenses	- 219.10	- 220.98	- 237.99	- 262.90	- 301.27
Total depreciation	-40.03	-24.32	-27.68	-21.89	-24.95
EBIT	41.43	115.39	112.29	132.49	132.18
Other financial income	2.46	2.20	3.75	2.18	0.87
Other financial expenses	-13.26	-15.73	-12.69	-12.74	-12.10
Pre-tax profit	30.63	101.86	103.35	121.94	120.94
Income taxes	-11.98	-26.81	-27.45	-24.59	-28.57
Net earnings	18.65	75.05	75.90	97.34	92.38

	2012	2013	2014	2015	2016
Intangible rights	0.85	1.05	2.06	3.14	4.33
Goodwill	1.69	5.66	3.56	8.34	5.92
Intangible assets total	2.54	6.71	5.62	11.48	10.25
Land and waters	147.62	119.55	114.41	133.77	130.85
Machinery and equipment	52.11	47.86	59.69	49.44	64.84
Advance payments and construction in progress	1.25	18.99	1.22
Tangible assets total	200.98	186.41	175.31	183.21	195.69
Investments total
Long term receivables total
Finished products/goods	284.86	326.50	423.75	440.34	522.56
Inventories total	284.86	326.50	423.75	440.34	522.56
Current trade debtors	357.53	420.08	498.26	486.47	577.87
Current amounts owed by group member comp.	15.61	7.44	10.38	9.45	60.33
Prepayments and accrued income	1.74	2.57	1.92	1.51	4.35
Current other receivables	7.26	10.76	7.97	5.95	16.22
Current deferred tax assets	10.77	6.58	3.07	14.12	3.22
Short term receivables total	392.91	447.44	521.61	517.50	661.98
Cash and bank deposits	18.69	16.83	17.15	19.02	6.41
Cash and cash equivalents	18.69	16.83	17.15	19.02	6.41
Balance sheet total (assets)	899.97	983.88	1 143.44	1 171.55	1 396.90

	2012	2013	2014	2015	2016
Share capital	11.00	11.00	11.00	11.00	11.00
Shares repurchased	11.00	55.00	55.00	55.00	38.50
Other reserves	-25.96	-17.71	-21.57
Retained earnings	206.87	158.76	182.68	192.96	240.31
Profit of the financial year	18.65	75.05	75.90	97.34	92.38
Minority interest (BS)	25.96	17.71	21.57	23.59	26.81
Shareholders equity total	247.52	299.81	324.58	379.90	408.99
Provisions	25.96	17.71	21.57		5.09
Capital loans	0.57	0.54
Non-current bonds	0.84
Non-current loans from credit institutions	56.70	85.14	79.84	83.38	75.55
Non-current leasing loans	11.78	3.47	1.56
Non-current other liabilities	11.78
Non-current deferred tax liabilities	7.15	12.70	20.45	25.40	22.58
Non-current liabilities total	88.83	101.86	101.86	108.78	98.13
Current bonds	1.11	0.94
Current loans from credit institutions	283.65	266.90	313.39	290.75	442.50
Current trade creditors	87.40	112.34	142.63	134.31	170.21
Current owed to group member	61.81	64.26	115.84	137.45	141.18
Short-term deferred tax liabilities	17.00	11.61
Other non-interest bearing current liabilities	98.47	104.95	116.51	114.81	126.58
Accruals and deferred income		3.50	7.05	5.55	4.21
Current liabilities total	549.44	564.50	695.43	682.87	884.69
Balance sheet total (liabilities)	911.76	983.88	1 143.44	1 171.55	1 396.90

CreditReports API