SCHULTZ SEATING GROUP A/S — Credit Rating and Financial Key Figures

CVR number: 16875996

Røddikvej 72, 8464 Galten

tel: 86945566

Income statement (mDKK)

	2019	2020	2021	2022	2023
Fiscal period length	12	12	12	12	12
Net sales	90.73	106.63	137.36	110.92	82.92
Change in finished goods inventory				-0.97	4.15
Other operating income				2.50	0.92
Purchases during the financial year				-51.73	-38.08
External services				-14.39	-13.02
Gross profit	48.22	50.37	59.63	48.28	28.59
Employee benefit expenses				-45.76	-40.46
Other operating expenses				-0.95	-0.26
Total depreciation				-3.48	-2.71
EBIT	2.53	3.76	8.31	-1.92	-14.85
Other financial income				1.76	0.89
Other financial expenses				-2.73	-3.67
Pre-tax profit	2.33	4.03	6.26	-2.89	-17.63
Income taxes				0.33	1.14
Net earnings	2.33	4.03	6.26	-2.56	-16.48

	2019	2020	2021	2022	2023
Development expenditure				0.62	0.54
Intangible rights				0.18	0.12
Intangible assets total				0.80	0.67
Land and waters				8.29	8.48
Buildings				7.61	7.70
Machinery and equipment				1.11	0.80
Advance payments and construction in progress				0.03	0.03
Tangible assets total				17.04	17.03
Investments total	111.71	104.16	114.78
Long term receivables total
Semifinished products				8.30	7.23
Raw materials and consumables				14.46	12.26
Finished products/goods				20.15	17.06
Advance payments					0.08
Inventories total				42.90	36.64
Current trade debtors				13.82	13.45
Current amounts owed by group member comp.				21.94	19.85
Prepayments and accrued income				1.73	3.64
Current other receivables				0.78	0.55
Current deferred tax assets				0.11	1.00
Short term receivables total				38.39	38.50
Cash and bank deposits				5.35	5.38
Cash and cash equivalents				5.35	5.38
Balance sheet total (assets)	111.71	104.16	114.78	104.48	98.20

	2019	2020	2021	2022	2023
Share capital	31.86	35.32	42.61	0.50	0.50
Asset revaluation reserve				4.18	4.29
Other reserves				1.05	1.54
Retained earnings	-2.33	-4.03	-6.26	37.47	35.04
Profit of the financial year	2.33	4.03	6.26	-2.56	-16.48
Shareholders equity total	31.86	35.32	42.61	40.64	24.88
Provisions				1.06	0.61
Non-current leasing loans				3.71	2.49
Non-current deferred tax liabilities				0.69	0.71
Non-current liabilities total				4.40	3.20
Current loans from credit institutions				37.87	46.16
Current trade creditors				6.01	4.35
Current owed to group member				9.81	11.86
Short-term deferred tax liabilities				1.13	1.49
Other non-interest bearing current liabilities				3.39	4.33
Accruals and deferred income				0.16	1.33
Current liabilities total				58.37	69.52
Balance sheet total (liabilities)	31.86	35.32	42.61	104.48	98.20

CreditReports API