Nissens Cooling Solutions A/S — Credit Rating and Financial Key Figures

CVR number: 40212116

Vejlevej 19, 8700 Horsens

tel: 76262626

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	1 032.68	638.03	1 123.31	1 084.66	1 020.29
Change in finished goods inventory	19.25	-0.19		27.67	47.26
Other operating income	39.62	36.05		24.18	26.07
Purchases during the financial year				- 970.20	- 919.96
Costs of manufacturing	- 812.19	- 561.17
External services	-94.91	-78.69		- 101.67	- 142.33
Gross profit	145.95	34.42	1 123.31	9.30	-63.19
Employee benefit expenses	- 137.51	-84.20		- 118.41	- 102.97
Total depreciation	-11.80	-10.49		-19.52	-13.75
EBIT	-3.37	-60.27	- 173.55	- 128.63	- 179.91
Other financial income	4.82	7.84		0.03	1.51
Other financial expenses	-8.25	-1.99		-6.67	-5.84
Pre-tax profit	-6.79	-54.42	- 135.70	- 135.26	- 184.24
Income taxes	2.49	12.09		28.45	38.58
Net earnings	-4.31	-42.33	- 135.70	- 106.81	- 145.66

	2020	2021	2022	2023	2024
Development expenditure	19.95	20.62		17.61	24.80
Intangible rights	1.34	5.36		6.68	5.15
Intangible assets total	21.29	25.99		24.29	29.95
Land and waters	30.05	11.29		25.20	22.82
Buildings	22.16	23.88		24.76	3.95
Machinery and equipment	0.35	3.32		1.29	0.66
Advance payments and construction in progress	9.80	9.11		0.17
Tangible assets total	62.36	47.60		51.41	27.43
Investments total			419.55	0.26	0.50
Non-curr. owed by group member comp.	6.30
Deferred tax assets				29.43	42.81
Long term receivables total	6.30			29.43	42.81
Semifinished products	61.78	56.90		41.56
Raw materials and consumables	5.80	5.95		6.75
Finished products/goods	2.04	7.48		4.70
Advance payments	0.37			0.65
Inventories total	69.98	70.33		53.66
Current trade debtors	136.31	106.25		113.13	113.93
Current amounts owed by group member comp.	303.84	159.91		85.32	114.68
Prepayments and accrued income				0.40	3.48
Current other receivables	5.40	8.78		17.22	15.81
Current deferred tax assets	4.51	13.39		28.57	34.17
Short term receivables total	450.06	288.33		244.64	282.08
Cash and bank deposits	0.82	18.86		0.00	2.31
Cash and cash equivalents	0.82	18.86		0.00	2.31
Balance sheet total (assets)	610.82	451.11	419.55	403.69	385.08

	2020	2021	2022	2023	2024
Share capital	1.00	1.00	26.46	1.00	1.00
Other reserves	15.56	16.09		15.21	17.84
Retained earnings	192.23	187.40	135.70	160.25	50.80
Profit of the financial year	-4.31	-42.33	- 135.70	- 106.81	- 145.66
Shareholders equity total	204.49	162.16	26.46	69.64	-76.02
Provisions	16.47	18.65		4.51	16.11
Non-current loans from credit institutions	81.32	51.09		78.57	78.58
Non-current other liabilities	14.59	21.75
Non-current deferred tax liabilities				15.55	15.58
Non-current liabilities total	95.92	72.84		94.12	94.16
Current loans from credit institutions	294.00	211.01
Current trade creditors	77.58	63.38		63.95	23.59
Current owed to group member	182.28	98.15		147.11	299.92
Short-term deferred tax liabilities				0.07
Other non-interest bearing current liabilities	32.23	22.06		23.53	26.29
Accruals and deferred income	1.82	0.32		0.76	1.03
Current liabilities total	587.90	394.92		235.41	350.83
Balance sheet total (liabilities)	904.76	648.57	26.46	403.69	385.08

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