Fayrefield Foods A/S — Credit Rating and Financial Key Figures

CVR number: 20287292

Lysholt Allé 3, 7100 Vejle

info@fayrefield.dk

tel: 75837066

www.fayrefield.dk

Income statement (mDKK)

	2017	2018	2019
Fiscal period length	12	12	12
Net sales	1 060.40	1 125.96	1 240.48
Other operating income			0.69
Purchases during the financial year	-1 004.78	-1 059.51	-1 156.32
External services	-6.70	-9.24	-11.59
Gross profit	48.92	57.21	73.25
Employee benefit expenses	-21.51	-28.06	-38.21
Other operating expenses	-0.03		-0.05
Total depreciation	-1.81	-4.02	-4.19
EBIT	25.57	25.13	30.80
Other financial income	2.68	0.05	1.80
Other financial expenses	-4.88	-9.62	-12.99
Income from other inv. held as non-curr. assets			0.01
Net income from associates (fin.)		0.04	0.48
Pre-tax profit	23.37	15.61	20.09
Income taxes	-5.20	-3.78	-4.85
Net earnings	18.17	11.83	15.24

	2017	2018	2019
Goodwill	1.35	12.15	10.79
Intangible assets total	1.35	12.15	10.79
Land and waters	14.95	31.21	37.18
Machinery and equipment	7.11	8.57	9.91
Advance payments and construction in progress		4.99
Tangible assets total	22.06	44.77	47.09
Participating interests		1.51	2.03
Investments total		1.51	2.03
Non-current other receivables	0.22	0.26	0.36
Long term receivables total	0.22	0.26	0.36
Raw materials and consumables	117.36	109.35	158.03
Finished products/goods	29.93	31.03	24.65
Advance payments		5.48	8.59
Inventories total	147.29	145.86	191.28
Current trade debtors	137.57	178.61	159.56
Current owed by particip. interest comp.		0.63	11.04
Prepayments and accrued income	1.01	0.22	0.60
Current other receivables	3.22	2.78	2.45
Short term receivables total	141.79	182.24	173.64
Other current investments	0.05	0.03	0.03
Cash and bank deposits	0.01	0.28	0.01
Cash and cash equivalents	0.06	0.31	0.04
Balance sheet total (assets)	312.77	387.10	425.22

	2017	2018	2019
Share capital	5.00	5.00	5.00
Shares repurchased			1.05
Retained earnings	35.31	44.09	29.76
Profit of the financial year	18.17	11.83	15.24
Shareholders equity total	58.48	60.91	51.05
Provisions	1.13	4.50	4.68
Capital loans			19.21
Non-current loans from credit institutions	0.21	0.13	0.04
Non-current leasing loans	1.17	0.76	0.35
Non-current other liabilities			0.54
Non-current liabilities total	1.37	0.89	20.15
Current loans from credit institutions	136.77	198.94	233.06
Advances received			0.13
Current trade creditors	106.88	104.90	106.11
Current owed to participating		0.76
Short-term deferred tax liabilities	3.77	2.56	3.53
Other non-interest bearing current liabilities	4.37	13.64	6.51
Current liabilities total	251.79	320.80	349.33
Balance sheet total (liabilities)	312.77	387.10	425.22

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