ORSKOV FOODS A/S — Credit Rating and Financial Key Figures

CVR number: 13923299

Hammesbrovej 12, 5883 Oure

tel: 62281032

Income statement (mDKK)

	2019	2020	2021	2022	2023
Fiscal period length	12	12	12	12	12
Net sales	442.60	392.55	472.08	535.24	480.10
Other operating income				0.29	0.65
Purchases during the financial year				- 468.16	- 420.31
External services				-20.72	-21.49
Gross profit	47.15	49.50	47.02	46.65	38.95
Employee benefit expenses				-31.02	-26.94
Total depreciation				-5.58	-5.24
EBIT	8.18	14.19	6.89	10.05	6.77
Other financial income				3.73	2.16
Other financial expenses				-11.83	-15.26
Net income from associates (fin.)				-23.90	-32.33
Pre-tax profit	4.51	9.41	-2.08	-21.95	-38.67
Income taxes				-0.68	1.39
Net earnings	4.51	9.41	-2.08	-22.63	-37.28

	2019	2020	2021	2022	2023
Intangible assets total
Land and waters				10.66	10.25
Buildings				11.93	14.10
Machinery and equipment				5.03	0.49
Tangible assets total				27.61	24.84
Holdings in group member companies				20.19	4.54
Investments total	258.63	257.23	360.29	20.19	4.54
Non-current loans receivable				0.05	0.05
Long term receivables total				0.05	0.05
Semifinished products				3.00	4.31
Raw materials and consumables				26.98	21.95
Inventories total				29.97	26.26
Current trade debtors				93.54	82.97
Current amounts owed by group member comp.				161.26	156.89
Prepayments and accrued income				0.08	0.27
Current other receivables				0.16	0.19
Current deferred tax assets					1.25
Short term receivables total				255.04	241.57
Cash and bank deposits				0.01	0.01
Cash and cash equivalents				0.01	0.01
Balance sheet total (assets)	258.63	257.23	360.29	332.87	297.27

	2019	2020	2021	2022	2023
Share capital	68.97	76.72	72.00	0.90	0.90
Retained earnings	-4.51	-9.41	2.08	71.68	89.12
Profit of the financial year	4.51	9.41	-2.08	-22.63	-37.28
Shareholders equity total	68.97	76.72	72.00	49.95	52.74
Provisions				1.43	1.28
Non-current loans from credit institutions				8.26	6.61
Non-current deferred tax liabilities				1.42	1.47
Non-current liabilities total				9.68	8.08
Current loans from credit institutions				166.07	165.86
Current trade creditors				15.61	15.01
Current owed to group member				80.14	48.96
Short-term deferred tax liabilities				0.58
Other non-interest bearing current liabilities				9.41	5.33
Current liabilities total				271.82	235.17
Balance sheet total (liabilities)	68.97	76.72	72.00	332.87	297.27

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