Synsam Group Denmark A/S — Credit Rating and Financial Key Figures

CVR number: 31058724

Oldenburg Alle 1, Høje Taastrup 2630 Taastrup

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	653.46	740.18	764.93	762.26	792.14
Other operating income	26.00	5.83	6.71	3.38	9.53
Purchases during the financial year	- 157.40	- 180.04	- 190.22	- 189.02	- 191.78
External services	- 145.25	- 161.73	- 154.73	- 170.56	- 170.39
Gross profit	376.82	404.23	426.69	406.06	439.49
Employee benefit expenses	- 237.19	- 252.02	- 270.39	- 278.02	- 286.08
Total depreciation	-77.42	-73.86	-76.04	-76.62	-74.39
EBIT	62.21	78.35	80.25	51.42	79.02
Other financial income	9.54	10.70	64.03	41.00	88.69
Other financial expenses	-56.77	-63.00	-60.53	-95.84	- 122.40
Pre-tax profit	14.98	26.05	83.74	-3.42	45.31
Income taxes	-13.70	-20.28	-27.84	-11.17	-23.39
Net earnings	1.28	5.78	55.90	-14.59	21.92

	2020	2021	2022	2023	2024
Goodwill	450.31	397.55	344.79	292.10	240.96
Intangible assets total	450.31	397.55	344.79	292.10	240.96
Buildings	32.39	25.51	36.54	38.60	49.21
Machinery and equipment	20.66	23.80	30.63	29.60	35.64
Advance payments and construction in progress		2.39	6.75	2.24	6.63
Tangible assets total	53.05	51.70	73.93	70.45	91.48
Holdings in group member companies	25.06	25.06
Investments total	32.54	34.28	11.60	11.70	15.53
Non-current loans receivable			25.06	25.06	25.06
Long term receivables total			25.06	25.06	25.06
Finished products/goods	65.67	76.21	93.67	104.80	111.57
Inventories total	65.67	76.21	93.67	104.80	111.57
Current trade debtors	27.00	25.83	28.45	37.55	50.83
Current amounts owed by group member comp.	379.18	505.84	559.91	627.82	680.70
Prepayments and accrued income	9.95	10.97	11.57	11.20	4.85
Current other receivables	0.32	7.93	1.36	1.92	1.84
Short term receivables total	416.45	550.57	601.29	678.49	738.22
Cash and bank deposits	0.99	0.95	0.94	0.92	0.86
Cash and cash equivalents	0.99	0.95	0.94	0.92	0.86
Balance sheet total (assets)	1 019.01	1 111.26	1 151.28	1 183.52	1 223.67

	2020	2021	2022	2023	2024
Share capital	10.00	10.00	10.00	10.00	10.00
Retained earnings	51.12	52.41	58.19	114.09	99.50
Profit of the financial year	1.28	5.78	55.90	-14.59	21.92
Shareholders equity total	62.41	68.19	124.09	109.50	131.42
Provisions	17.78	18.58	19.05	18.42	16.25
Non-current leasing loans	1.08	0.50	0.05
Non-current owed to group member	791.41	828.41	826.25	857.69	890.76
Non-current other liabilities	20.97	21.29	21.28
Non-current deferred tax liabilities				22.45	22.26
Non-current liabilities total	813.46	850.20	847.59	880.13	913.02
Current loans from credit institutions	0.70	0.70	0.86	0.09	0.32
Advances received		6.21	7.11	13.55	14.33
Current trade creditors	58.45	79.32	70.80	80.02	66.26
Current owed to participating			1.80	5.22	4.20
Current owed to group member	1.98	16.84
Short-term deferred tax liabilities	12.78	19.48	28.33	11.79	25.56
Other non-interest bearing current liabilities	47.68	46.76	47.72	60.88	48.83
Accruals and deferred income	3.77	4.99	3.94	3.91	3.50
Current liabilities total	125.36	174.29	160.56	175.47	162.99
Balance sheet total (liabilities)	1 019.01	1 111.26	1 151.28	1 183.52	1 223.67

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