ALEX ANDERSEN ØLUND HOLDING A/S — Credit Rating and Financial Key Figures

CVR number: 29322937

Logistikvej 25 A, Højme 5250 Odense SV

invoice@alex-andersen.dk

Income statement (mDKK)

	2019	2020	2021	2022	2023
Fiscal period length	12	12	12	12	12
Net sales	701.58	736.24	877.85	1 002.11	998.48
Other operating income				7.62	14.54
Purchases during the financial year				- 514.33	- 489.02
External services				-68.80	-84.43
Gross profit	701.58	736.24	877.85	426.61	439.57
Employee benefit expenses				- 319.95	- 331.27
Other operating expenses				-1.32	-1.24
Total depreciation				-72.69	-80.31
EBIT	22.72	37.09	49.00	32.65	26.74
Other financial income				10.57	3.47
Other financial expenses				-14.34	-21.66
Net income from associates (fin.)				-4.49	0.04
Pre-tax profit	13.03	25.24	35.30	24.39	8.59
Income taxes				-7.45	-2.81
Net earnings	13.03	25.24	35.30	16.94	5.78

	2019	2020	2021	2022	2023
Development expenditure					1.20
Goodwill				6.02	4.25
Intangible assets total				6.02	5.45
Land and waters				523.52	517.21
Buildings				0.22	1.42
Machinery and equipment				162.42	183.77
Tangible assets total				686.15	702.40
Participating interests				4.67	6.93
Investments total	500.59	616.41	638.14	31.32	34.26
Non-current loans receivable				2.92	3.96
Long term receivables total				2.92	3.96
Raw materials and consumables				0.08	0.08
Inventories total				0.08	0.08
Current trade debtors				108.65	117.49
Prepayments and accrued income				10.31	7.94
Current other receivables				55.22	34.87
Current deferred tax assets				13.30	14.01
Short term receivables total				187.49	174.31
Cash and bank deposits				44.32	48.96
Cash and cash equivalents				44.32	48.96
Balance sheet total (assets)	500.59	616.41	638.14	958.30	969.41

	2019	2020	2021	2022	2023
Share capital	67.71	92.94	125.63	1.00	1.00
Shares repurchased				3.00
Other reserves					0.71
Retained earnings	-13.03	-25.24	-35.30	120.17	133.71
Profit of the financial year	13.03	25.24	35.30	16.94	5.78
Minority interest (BS)				0.67	0.39
Shareholders equity total	67.71	92.94	125.63	141.79	141.59
Provisions					0.10
Non-current loans from credit institutions				30.48	29.32
Non-current leasing loans				408.89	410.35
Non-current accruals and deferred income				100.01	92.83
Non-current deferred tax liabilities				18.38	17.43
Non-current liabilities total				557.76	549.93
Current loans from credit institutions				29.72	34.70
Current trade creditors				75.58	71.45
Current owed to participating					6.00
Short-term deferred tax liabilities				28.79
Other non-interest bearing current liabilities				117.46	158.47
Accruals and deferred income				7.19	7.18
Current liabilities total				258.75	277.79
Balance sheet total (liabilities)	67.71	92.94	125.63	958.30	969.41

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