Indorama Ventures Hygiene Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 33487819

Engdraget 22, 6800 Varde

tel: 79942200

Income statement (mDKK)

	2021	2022	2023	2024
Fiscal period length	12	12	12	12
Net sales	1 091.29	919.69	652.46	665.10
Other operating income	1.27	0.93	0.09
Costs of manufacturing	-1 003.45	- 888.88	- 644.01	- 639.28
Gross profit	87.84	30.81	8.44	25.82
Costs of management	-20.38	-19.59	-20.43	-19.06
Costs of distribution	-22.45	-18.66	-10.19	-13.04
Other operating expenses		-1.24	-0.67	-3.87
EBIT	45.01	-7.75	-22.75	-10.15
Other financial income	7.94	10.77	4.99	14.90
Other financial expenses	-5.38	-9.43	-22.92	-23.16
Net income from associates (fin.)	7.41	1.60	-0.02	20.86
Pre-tax profit	57.59	-4.81	-40.70	2.45
Income taxes	-10.55	2.08	8.58	2.44
Net earnings	47.04	-2.72	-32.13	4.90

	2021	2022	2023	2024
Intangible assets total
Land and waters	22.79	26.62	26.13	33.07
Buildings	130.99	142.14	145.11	150.37
Machinery and equipment	10.03	7.88	7.51	6.37
Advance payments and construction in progress	25.24	18.11	16.84	0.71
Tangible assets total	189.05	194.74	195.59	190.53
Holdings in group member companies	227.31	220.13	185.47	178.26
Participating interests	64.31	73.22	27.77	48.64
Other non-current investments		-0.00		-0.00
Investments total	291.62	293.35	213.25	226.90
Non-current loans receivable		1.11	1.11	1.11
Long term receivables total		1.11	1.11	1.11
Finished products/goods	86.06	71.52	55.16	59.26
Inventories total	86.06	71.52	55.16	59.26
Current trade debtors	36.43	18.25	30.20	15.04
Current amounts owed by group member comp.	115.18	119.65	129.34	129.37
Current owed by particip. interest comp.	11.09	11.40	11.80	11.06
Prepayments and accrued income	1.46	1.61	1.82	1.71
Current other receivables	31.65	29.89	1.44	1.16
Current deferred tax assets	1.00	5.00	0.50	1.35
Short term receivables total	196.80	185.81	175.10	159.69
Cash and bank deposits	26.41	26.03	27.44	47.73
Cash and cash equivalents	26.41	26.03	27.44	47.73
Balance sheet total (assets)	789.94	772.56	667.65	685.21

	2021	2022	2023	2024
Share capital	152.07	152.07	152.07	152.07
Retained earnings	69.99	117.16	35.89	3.77
Profit of the financial year	47.04	-2.72	-32.13	4.90
Shareholders equity total	269.10	266.50	155.83	160.73
Provisions	71.60	69.52	62.73	61.64
Non-current owed to group member	166.14	167.50	165.01	165.15
Non-current liabilities total	166.14	167.50	165.01	165.15
Current trade creditors	98.11	41.09	24.39	24.64
Current owed to participating	26.57	71.62	89.28	109.73
Current owed to group member	131.23	133.68	141.97	139.72
Other non-interest bearing current liabilities	27.19	22.65	28.43	23.61
Current liabilities total	283.10	269.05	284.07	297.69
Balance sheet total (liabilities)	789.94	772.56	667.65	685.21

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