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DS SMITH PACKAGING DENMARK A/S — Credit Rating and Financial Key Figures

CVR number: 21153702
Åstrupvej 30, 8500 Grenaa
bjarne.bomberg@dssmith.com
tel: 72149101

Income statement (mDKK)

2020
2021
2022
2023
2024
Fiscal period length1212121212
Net sales1 160.201 369.411 506.141 261.521 258.83
Costs of manufacturing- 903.00-1 166.64-1 248.90- 970.73-1 009.95
Gross profit257.19202.76257.24290.79248.88
Costs of management-86.08-88.16- 100.16- 105.56- 108.91
Costs of distribution- 143.62- 158.10- 159.73- 149.92- 150.64
EBIT27.50-43.50-2.6535.31-10.67
Other financial income0.000.010.110.10
Other financial expenses-9.27-6.98-16.21-28.35-22.50
Net income from associates (fin.)-0.03-0.080.301.762.88
Pre-tax profit18.20-50.56-18.548.83-30.18
Income taxes-4.899.552.51-4.126.91
Net earnings13.31-41.01-16.044.71-23.27

Assets (mDKK)

2020
2021
2022
2023
2024
Development expenditure0.320.510.310.150.15
Intangible rights2.331.573.302.982.35
Goodwill109.87102.6895.4988.3081.11
Intangible assets total112.52104.7599.1091.4383.61
Land and waters153.88145.94142.94140.61131.97
Buildings247.87225.21211.92237.94215.28
Machinery and equipment11.2410.809.717.987.89
Advance payments and construction in progress12.3116.0039.588.493.10
Tangible assets total425.30397.95404.15395.02358.23
Holdings in group member companies62.4562.4162.8264.6267.55
Investments total64.7764.7465.1668.8871.13
Long term receivables total
Semifinished products5.155.273.203.463.96
Raw materials and consumables39.7158.8463.0156.4155.31
Finished products/goods35.6247.8443.5444.9739.95
Inventories total80.48111.95109.75104.8499.22
Current trade debtors98.26174.39220.58170.53158.73
Current amounts owed by group member comp.7.106.085.377.366.25
Prepayments and accrued income3.854.423.854.965.99
Current other receivables9.9512.2212.9311.372.14
Current deferred tax assets0.220.99
Short term receivables total119.38198.09242.73194.22173.11
Cash and bank deposits5.013.892.070.690.66
Cash and cash equivalents5.013.892.070.690.66
Balance sheet total (assets)807.46881.39922.97855.07785.95

Equity and liabilities (mDKK)

2020
2021
2022
2023
2024
Share capital250.00250.00250.00250.00250.00
Other reserves1.110.892.582.331.83
Retained earnings-61.67-48.09-90.68- 106.43- 101.18
Profit of the financial year13.31-41.01-16.044.71-23.27
Shareholders equity total202.75161.79145.86150.61127.38
Provisions45.0834.9832.2539.2429.85
Non-current owed to group member267.70354.25421.71378.08391.44
Non-current deferred tax liabilities29.4830.0830.0530.0029.84
Non-current liabilities total297.18384.33451.77408.09421.28
Current trade creditors115.58134.11118.96105.7378.31
Current owed to group member57.4274.8675.4655.4052.64
Short-term deferred tax liabilities0.04
Other non-interest bearing current liabilities89.4491.3298.6396.0076.49
Current liabilities total262.44300.29293.10257.13207.44
Balance sheet total (liabilities)807.46881.39922.97855.07785.95
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