ULVEDAL A/S — Credit Rating and Financial Key Figures

CVR number: 32080561
Adelvej 6 A, Borris 6900 Skjern
bogholderi@ulvedal-as.dk

Income statement (kDKK)

2019
2020
2021
2022
2023
Fiscal period length1212121212
Net sales
Gross profit26 610.2324 634.2611 401.938 795.7337 791.79
Employee benefit expenses-6 608.89-6 873.23-6 628.63-7 403.83-8 563.64
Total depreciation-3 535.67-3 966.01-4 045.66-4 342.87-4 580.78
EBIT16 465.6713 795.02727.63-2 950.9724 647.37
Other financial income4.9682.5043.81147.62130.03
Other financial expenses-1 997.68-1 131.83- 745.12-1 080.45-4 374.77
Pre-tax profit14 472.9512 745.6926.33-3 883.8020 402.62
Income taxes-2 826.10- 134.74405.482 040.75-3 895.33
Net earnings11 646.8512 610.95431.81-1 843.0516 507.30

Assets (kDKK)

2019
2020
2021
2022
2023
Intangible assets total
Land and waters130 300.01133 872.16131 419.05128 867.60137 842.09
Buildings12.143.04
Machinery and equipment11 046.9313 018.2312 391.1711 270.5110 835.48
Other tangible assets10 798.4012 623.6512 779.4013 881.8014 099.00
Tangible assets total152 157.48159 517.07156 589.62154 019.91162 776.57
Investments total
Non-current loans receivable554.07812.55900.34905.83955.25
Non-current other receivables151.19151.19151.19151.19151.19
Long term receivables total705.25963.731 051.521 057.021 106.43
Raw materials and consumables4 659.954 697.006 113.326 437.356 481.62
Other stocks5 325.054 931.855 263.507 175.757 397.97
Inventories total9 985.009 628.8511 376.8313 613.1013 879.59
Current trade debtors3 828.231 305.36806.871 699.711 874.66
Current amounts owed by group member comp.1 096.0084.58
Prepayments and accrued income391.75438.87443.87455.73508.48
Current other receivables370.20310.591 945.70289.86744.80
Short term receivables total4 590.183 150.823 196.442 529.883 127.95
Cash and bank deposits16.0412 582.68
Cash and cash equivalents16.0412 582.68
Balance sheet total (assets)167 437.91173 276.51172 214.41171 219.90193 473.23

Equity and liabilities (kDKK)

2019
2020
2021
2022
2023
Share capital500.00500.00500.00500.00500.00
Shares repurchased150.00500.00500.0056 401.42
Retained earnings37 937.4149 080.3361 819.4461 751.253 506.78
Profit of the financial year11 646.8512 610.95431.81-1 843.0516 507.30
Shareholders equity total50 234.2662 691.2962 751.2560 908.2076 915.50
Provisions10 325.319 416.139 046.797 006.049 057.57
Non-current loans from credit institutions90 114.0186 751.4083 685.6987 804.3095 503.59
Non-current leasing loans164.02106.1677.6547.41
Non-current liabilities total90 278.0386 857.5683 763.3487 851.7195 503.59
Current loans from credit institutions7 601.255 156.599 063.627 239.914 257.47
Current trade creditors4 472.986 533.876 638.487 599.533 221.70
Current owed to participating39.9143.6548.14
Current owed to group member566.1337.82171.09
Short-term deferred tax liabilities1 976.521 042.811 345.80
Other non-interest bearing current liabilities1 943.521 534.63864.98614.513 000.50
Current liabilities total16 600.3214 311.5416 653.0415 453.9511 996.57
Balance sheet total (liabilities)167 437.91173 276.51172 214.41171 219.90193 473.23
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