THORLARCO HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 20354135

Industrivej 11, Vangen 9900 Frederikshavn

tel: 98479086

Income statement (kDKK)

	2019	2020
Fiscal period length	12	12
Net sales
Gross profit	47 180.23	14 333.99
Employee benefit expenses	-25 358.87	-6 696.92
Total depreciation	- 430.83	-73.93
Reduction in value of non-current assets	7 804.92	21 257.35
EBIT	29 195.46	28 820.48
Other financial income	4 331.39	6 179.83
Other financial expenses	-1 879.76	-2 087.91
Net income from associates (fin.)	- 662.86	4 285.30
Pre-tax profit	30 984.24	22 675.90
Income taxes	-6 996.87	7 260.90
Profit/loss from discontinued operations		13 903.93
Net earnings	23 987.36	43 840.73

	2019	2020
Intangible assets total
Land and waters	7 348.68	6 134.01
Buildings	116 417.97	135 251.69
Machinery and equipment	1 311.98	1 541.47
Tangible assets total	125 078.63	142 927.17
Participating interests	6 612.71	11 109.26
Investments total	6 612.71	11 109.26
Non-current loans receivable		1 840.00
Non-current other receivables	4 429.63	178.43
Long term receivables total	4 429.63	2 018.43
Semifinished products	12 699.88	19 048.55
Raw materials and consumables	1 273.53	1 913.25
Finished products/goods	256.50	180.00
Inventories total	14 229.91	21 141.80
Current trade debtors	8 189.10	12 905.20
Current owed by particip. interest comp.	12 456.18	19 084.05
Prepayments and accrued income	905.75	968.61
Current other receivables	1 437.80	8 329.45
Short term receivables total	22 988.83	41 287.31
Other current investments	12 288.70	17 013.52
Cash and bank deposits	28 764.08	18 432.60
Cash and cash equivalents	41 052.78	35 446.12
Balance sheet total (assets)	214 392.49	253 930.09

	2019	2020
Share capital	150.00	150.00
Shares repurchased	500.00	1 000.00
Other reserves	5 095.71	9 381.01
Retained earnings	42 671.33	47 777.51
Profit of the financial year	23 987.36	43 840.73
Minority interest (BS)	16 913.04	27 753.87
Shareholders equity total	89 317.44	129 903.11
Provisions	5 739.38	10 643.26
Non-current loans from credit institutions	71 405.42	59 389.13
Non-current other liabilities	263.42	355.45
Non-current deferred tax liabilities	5 330.43	1 824.75
Non-current liabilities total	76 999.27	61 569.32
Current loans from credit institutions	4 975.33	8 818.34
Advances received	15 906.63	15 898.84
Current trade creditors	11 573.51	12 416.09
Short-term deferred tax liabilities		3 942.22
Other non-interest bearing current liabilities	9 880.93	10 011.84
Accruals and deferred income		727.07
Current liabilities total	42 336.40	51 814.40
Balance sheet total (liabilities)	214 392.49	253 930.09

CreditReports API