SØNDERBORG KORN ApS — Credit Rating and Financial Key Figures

CVR number: 66364410

Ellegårdvej 19, 6400 Sønderborg

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	1 742.26	1 970.88	2 545.29	2 576.47	2 505.78
Other operating income				8.71	8.44
Costs of manufacturing				-2 244.18	-2 190.87
External services				- 108.59	- 125.11
Gross profit	158.28	158.55	216.34	232.40	198.24
Employee benefit expenses				- 108.56	- 121.19
Other operating expenses				-0.57	-1.18
Total depreciation				-23.35	-24.21
Reduction in value of non-current assets				22.03
EBIT	39.63	39.29	83.28	121.95	51.66
Other financial income				47.97	19.22
Other financial expenses				- 131.57	-14.55
Net income from associates (fin.)				10.20	1.49
Pre-tax profit	45.51	49.78	29.58	48.54	57.82
Income taxes				-5.71	-12.79
Net earnings	45.51	49.78	29.58	42.84	45.02

	2020	2021	2022	2023	2024
Intangible rights				0.31	0.51
Goodwill				0.47	0.33
Intangible assets total				0.78	0.84
Land and waters				188.62	188.12
Buildings				137.43	149.47
Machinery and equipment				60.72	62.48
Other tangible assets				3.17	4.54
Tangible assets total				389.94	404.62
Participating interests				33.01	55.02
Investments total	1 103.28	1 156.50	1 419.27	32.41	54.42
Non-curr. owed by particip. interest comp.				14.22	15.58
Non-current loans receivable				26.30	45.47
Non-current other receivables				18.33	18.86
Long term receivables total				58.86	79.91
Semifinished products				29.63	44.31
Raw materials and consumables				250.73	261.37
Other stocks				5.13	4.89
Finished products/goods				176.12	141.35
Advance payments				17.37	10.34
Inventories total				478.97	462.26
Current trade debtors				122.73	132.92
Current owed by particip. interest comp.				0.01	0.53
Prepayments and accrued income				0.50	1.07
Current other receivables				46.54	16.06
Current deferred tax assets				3.16	7.72
Short term receivables total				172.95	158.30
Other current investments				78.64	95.64
Cash and bank deposits				18.93	7.59
Cash and cash equivalents				97.58	103.23
Non-current assets for sale				0.60	0.60
Balance sheet total (assets)	1 103.28	1 156.50	1 419.27	1 232.08	1 264.17

	2020	2021	2022	2023	2024
Share capital	464.91	475.11	506.81	0.41	0.41
Shares repurchased				27.00
Other reserves				4.76	-4.59
Retained earnings	-45.51	-49.78	-29.58	444.37	487.96
Profit of the financial year	45.51	49.78	29.58	42.84	45.02
Minority interest (BS)				14.28	10.40
Shareholders equity total	464.91	475.11	506.81	533.65	539.20
Provisions				38.39	38.01
Non-current loans from credit institutions				79.01	69.43
Non-current owed to group member				165.01	149.73
Non-current deferred tax liabilities				10.59	10.59
Non-current liabilities total				254.61	229.75
Current loans from credit institutions				17.39	89.37
Current trade creditors				292.71	283.42
Current owed to participating				2.13	23.14
Short-term deferred tax liabilities				0.28	0.34
Other non-interest bearing current liabilities				85.62	53.32
Accruals and deferred income				7.31	7.61
Current liabilities total				405.42	457.21
Balance sheet total (liabilities)	464.91	475.11	506.81	1 232.08	1 264.17

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