KINGO KARLSEN HOLDING ApS — Credit Rating and Financial Key Figures

CVR number: 28659032

F.L.Smidths Vej 17, 8600 Silkeborg

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales		355.42	358.45	400.74	473.30
Other operating income		1.10	2.74	5.97	3.87
Costs of manufacturing		- 166.06	- 156.44	- 178.70	- 254.33
External services		-54.26	-63.19	-69.56	-82.51
Gross profit	69.65	136.21	141.56	158.45	140.34
Employee benefit expenses	-80.72	-96.10	- 101.81	- 117.93	- 144.93
Other operating expenses					-0.05
Total depreciation	-14.86	-19.13	-17.53	-23.39	-29.89
EBIT	-25.94	20.98	22.23	17.13	-34.53
Other financial income	0.19	0.08	0.47	0.31	0.46
Other financial expenses	-1.66	-2.71	-3.21	-3.95	-9.16
Net income from associates (fin.)	0.00	0.02	0.72	0.38	0.32
Pre-tax profit	-27.41	18.38	20.22	13.86	-42.91
Income taxes	5.67	-4.34	-4.78	-3.44	8.65
Net earnings	-21.73	14.04	15.44	10.43	-34.26

	2020	2021	2022	2023	2024
Intangible rights	2.00	1.71	1.14	0.68	0.62
Goodwill	12.91	11.29	9.87	10.73	8.91
Intangible assets total	14.91	13.00	11.01	11.41	9.53
Land and waters	91.37	91.58	94.00	93.30	92.58
Buildings	43.52	37.34	47.62	52.09	79.10
Machinery and equipment	8.37	7.59	6.82	10.92	17.55
Tangible assets total	143.26	136.51	148.43	156.32	189.23
Participating interests	0.87	0.89	1.61	1.99	2.31
Investments total	1.15	1.17	1.86	2.28	2.57
Non-curr. owed by particip. interest comp.	2.10	4.00	4.00	4.50	2.50
Non-current loans receivable	0.02	0.02	0.02	0.02	0.02
Non-current other receivables	4.48	4.10	4.70	4.32	3.94
Long term receivables total	6.60	8.12	8.72	8.84	6.46
Raw materials and consumables	2.88	2.56	3.69	4.15	8.49
Finished products/goods	0.50	0.50	0.50	4.13	1.20
Advance payments			0.20
Inventories total	3.38	3.06	4.38	8.28	9.69
Current trade debtors	68.34	53.74	49.42	60.44	78.87
Current owed by particip. interest comp.			0.08	0.24	3.31
Prepayments and accrued income	1.15	1.64	1.56	1.69	2.22
Current other receivables	4.81	15.37	11.96	19.86	28.01
Current deferred tax assets	0.36	0.32	0.06		0.74
Short term receivables total	74.66	71.07	63.08	82.23	113.15
Other current investments	0.01	0.01	0.01	0.01	0.01
Cash and bank deposits	3.94	13.30	3.71	4.16	2.74
Cash and cash equivalents	3.94	13.31	3.71	4.16	2.75
Balance sheet total (assets)	247.90	246.25	241.20	273.52	333.38

	2020	2021	2022	2023	2024
Share capital	0.13	0.13	0.13	0.13	0.13
Shares repurchased	0.11	0.11	1.12	1.12
Other reserves	0.56	0.57	0.30	0.68	2.00
Retained earnings	70.67	48.81	61.01	74.94	85.05
Profit of the financial year	-21.73	14.04	15.44	10.43	-34.26
Shareholders equity total	49.73	63.66	77.99	87.30	52.91
Provisions	19.44	12.29	15.04	22.29	31.03
Non-current loans from credit institutions	19.00	27.03	25.68	23.72	37.38
Non-current leasing loans	30.49	25.05	32.46	37.26	62.63
Non-current accruals and deferred income		0.36	0.23	0.10
Non-current other liabilities				3.99	3.60
Non-current deferred tax liabilities	16.55	14.00	7.33	1.61	1.85
Non-current liabilities total	66.03	66.44	65.70	66.68	105.45
Current loans from credit institutions	26.17	11.39	18.72	22.29	36.15
Advances received	3.85	10.29	3.67	0.16
Current trade creditors	47.02	38.89	32.90	40.94	49.99
Current owed to participating		0.40			0.09
Short-term deferred tax liabilities	0.63			1.78
Other non-interest bearing current liabilities	22.19	32.28	18.20	20.80	20.59
Accruals and deferred income	12.83	10.60	8.98	11.29	37.16
Current liabilities total	112.70	103.86	82.47	97.26	143.98
Balance sheet total (liabilities)	247.90	246.25	241.20	273.52	333.38

CreditReports API