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HEARTLAND A/S — Credit Rating and Financial Key Figures

CVR number: 28502370
Store Torv 1, 8000 Aarhus C

Income statement (mDKK)

2021
2022
2023
2024
2025
Fiscal period length1212121212
Net sales39 155.0050 491.0054 980.0057 329.0064 422.00
Other operating income340.00409.00
Purchases during the financial year-30 169.00-33 841.00
External services-10 083.00-11 080.00
Gross profit12 060.0015 070.0015 120.0017 417.0019 910.00
Employee benefit expenses-9 727.00-11 077.00
Total depreciation-2 180.00-2 175.00
EBIT4 029.006 412.004 912.005 510.006 658.00
Other financial income1 192.00902.00
Other financial expenses-1 317.00-1 332.00
Net income from associates (fin.)-1 361.00204.00
Pre-tax profit7 035.002 201.002 056.004 024.006 432.00
Income taxes-1 111.00- 946.00- 996.00-1 447.00-1 511.00
Net earnings5 924.001 255.001 060.002 577.004 921.00

Assets (mDKK)

2021
2022
2023
2024
2025
Development expenditure394.00445.00
Intangible rights363.001 716.00
Goodwill1 082.00753.00
Intangible assets total1 839.002 914.00
Land and waters14 875.0016 666.00
Buildings1 943.002 536.00
Machinery and equipment2 929.003 017.00
Advance payments and construction in progress3 076.005 431.00
Tangible assets total22 823.0027 650.00
Participating interests12 827.0011 152.00
Investments total56 053.0061 153.0058 012.0013 331.0011 677.00
Non-current loans receivable1 844.002 731.00
Long term receivables total1 844.002 731.00
Finished products/goods10 010.0011 585.00
Inventories total10 010.0011 585.00
Current trade debtors2 504.002 831.00
Current owed by particip. interest comp.851.00594.00
Prepayments and accrued income534.00737.00
Current other receivables1 652.001 896.00
Current deferred tax assets356.00387.00
Short term receivables total5 897.006 445.00
Other current investments805.00513.00
Cash and bank deposits4 351.005 026.00
Cash and cash equivalents5 156.005 539.00
Balance sheet total (assets)56 053.0061 153.0058 012.0060 900.0068 541.00

Equity and liabilities (mDKK)

2021
2022
2023
2024
2025
Share capital31 580.0033 921.0032 755.0080.0080.00
Other reserves187.00- 466.00
Retained earnings-5 924.00-1 255.00-1 060.0030 414.0032 513.00
Profit of the financial year5 924.001 255.001 060.002 577.004 921.00
Minority interest (BS)1 527.002 178.00
Shareholders equity total31 580.0033 921.0032 755.0034 785.0039 226.00
Provisions2 181.002 024.00
Non-current loans from credit institutions3 361.003 724.00
Non-current leasing loans84.0074.00
Non-current liabilities total3 445.003 798.00
Current loans from credit institutions8 615.0010 495.00
Current trade creditors6 674.006 550.00
Current owed to participating11.006.00
Short-term deferred tax liabilities850.001 161.00
Other non-interest bearing current liabilities4 168.005 078.00
Accruals and deferred income171.00203.00
Current liabilities total20 489.0023 493.00
Balance sheet total (liabilities)31 580.0033 921.0032 755.0060 900.0068 541.00
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