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Modern American Recycling Services, Europe A/S — Credit Rating and Financial Key Figures

CVR number: 39610922
Sandholm 55 H, 9900 Frederikshavn
Free credit report Annual report

Income statement (kDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales
Gross profit37 851.00109 259.00147 850.0059 442.6096 077.54
Employee benefit expenses-73 923.93-91 031.87
Other operating expenses-1 051.85- 119.20
Total depreciation-17 507.30-19 338.66
EBIT1 073.0048 866.0065 621.00-33 040.48-14 412.19
Other financial income2 012.782 170.85
Other financial expenses-5 915.18-4 542.47
Pre-tax profit316.0036 968.0048 497.00-36 942.89-16 783.81
Income taxes8 074.133 645.10
Net earnings316.0036 968.0048 497.00-28 868.76-13 138.71

Assets (kDKK)

2021
2022
2023
2024
2025
Intangible assets total
Land and waters12 172.2111 822.61
Buildings135 359.27125 324.46
Machinery and equipment52.5852.58
Tangible assets total147 584.06137 199.65
Investments total88 144.00125 817.00264 299.00
Non-current other receivables143.44143.44
Long term receivables total143.44143.44
Semifinished products10 507.168 268.89
Inventories total10 507.168 268.89
Current trade debtors25 527.2654 134.31
Prepayments and accrued income2 107.542 731.68
Current other receivables20 355.1822 541.59
Current deferred tax assets2 444.622 320.29
Short term receivables total50 434.6081 727.86
Cash and bank deposits126 532.01102 672.21
Cash and cash equivalents126 532.01102 672.21
Balance sheet total (assets)88 144.00125 817.00264 299.00335 201.27330 012.05

Equity and liabilities (kDKK)

2021
2022
2023
2024
2025
Share capital-7 004.0029 964.0079 842.00500.00500.00
Retained earnings- 316.00-36 968.00-48 497.0079 341.9850 473.22
Profit of the financial year316.0036 968.0048 497.00-28 868.76-13 138.71
Shareholders equity total-7 004.0029 964.0079 842.0050 973.2237 834.51
Provisions5 667.67743.33
Non-current loans from credit institutions6 518.805 857.24
Non-current leasing loans65 773.5861 791.97
Non-current owed to group member26 730.6326 730.63
Non-current liabilities total99 023.0194 379.84
Current loans from credit institutions21 539.3321 473.86
Current trade creditors24 870.6412 737.21
Short-term deferred tax liabilities587.59
Other non-interest bearing current liabilities12 236.6212 463.59
Accruals and deferred income120 303.19150 379.72
Current liabilities total179 537.38197 054.38
Balance sheet total (liabilities)-7 004.0029 964.0079 842.00335 201.27330 012.05
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