GLOBAL WIND SERVICE A/S — Credit Rating and Financial Key Figures

CVR number: 31166047

Strevelinsvej 28, 7000 Fredericia

lp@globalwindservice.com

tel: 76203660

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	178.61	184.29	197.38	214.66	188.41
Other operating income	0.05	0.04	1.34	0.49	0.27
Purchases during the financial year		-96.10
Costs of manufacturing	-87.12
External services	-7.17	-7.51	- 102.47	- 104.78	-71.09
Gross profit	84.37	80.71	88.74	102.11	108.52
Employee benefit expenses	-70.57	-66.00	-85.11	-92.85	-97.13
Other operating expenses	-0.03		-0.13	-0.07	-0.03
Total depreciation	-3.62	-3.83	-4.54	-4.65	-4.52
EBIT	10.15	14.72	-1.04	4.54	6.85
Other financial income	4.33	4.68	11.52	13.38	12.00
Other financial expenses	-6.02	-4.81	-11.94	-16.74	-14.13
Income from other inv. held as non-curr. assets			-0.15	0.09	0.07
Net income from associates (fin.)		-0.06
Pre-tax profit	8.36	10.71	-1.62	1.27	4.79
Income taxes	-2.33	-3.85	-0.07	-0.15	-1.81
Net earnings	6.03	6.86	-1.69	1.13	2.98

	2020	2021	2022	2023	2024
Intangible rights			0.12	0.05	0.01
Goodwill	0.80	0.64	0.48	0.33	0.22
Intangible assets total	0.80	0.64	0.61	0.37	0.24
Land and waters	5.07	5.84	5.84	5.40	5.06
Machinery and equipment	7.19	8.76	8.97	8.77	7.86
Tangible assets total	12.27	14.60	14.81	14.17	12.92
Participating interests	0.22	0.16
Other non-current investments	-0.00		0.00		-0.00
Investments total	0.29	0.16	0.00		-0.00
Non-curr. owed by particip. interest comp.			0.01	0.13	0.21
Non-current other receivables		0.07	0.31	0.70	0.86
Long term receivables total		0.07	0.32	0.83	1.07
Inventories total
Current trade debtors	34.11	31.54	45.80	60.00	44.56
Current amounts owed by group member comp.			0.15	0.18	0.07
Prepayments and accrued income	0.70		1.43	1.07	2.06
Current other receivables	26.09	33.96	40.41	30.56	27.72
Current deferred tax assets	1.73	1.85	4.32	7.04	6.87
Short term receivables total	62.63	67.34	92.11	98.86	81.28
Cash and bank deposits	15.82	15.44	16.87	6.18	17.14
Cash and cash equivalents	15.82	15.44	16.87	6.18	17.14
Balance sheet total (assets)	91.81	98.26	124.72	120.40	112.65

	2020	2021	2022	2023	2024
Share capital	0.14	0.14	0.14	0.14	0.14
Other reserves		-0.00
Retained earnings	11.90	16.21	21.77	19.37	20.41
Profit of the financial year	6.03	6.86	-1.69	1.13	2.98
Shareholders equity total	18.08	23.21	20.22	20.63	23.52
Provisions	2.56	3.16	4.50	2.17	2.77
Non-current loans from credit institutions	2.06	1.90	1.77	1.63	1.51
Non-current leasing loans	1.79	1.76	1.77	2.55	2.24
Non-current owed to participating	2.21
Non-current other liabilities	0.65	0.57		-0.00
Non-current deferred tax liabilities			0.19
Non-current liabilities total	6.70	4.23	3.72	4.18	3.74
Current loans from credit institutions	32.78	33.76	57.56	52.53	50.83
Advances received		0.09
Current trade creditors	16.42	20.41	21.33	19.61	17.10
Current owed to participating	0.04	0.07	0.20
Short-term deferred tax liabilities	1.02	1.94	2.85	2.10	2.08
Other non-interest bearing current liabilities	12.79	11.38	10.96	19.14	12.53
Accruals and deferred income	1.41		3.38	0.04	0.06
Current liabilities total	64.46	67.66	96.28	93.43	82.61
Balance sheet total (liabilities)	91.81	98.26	124.72	120.40	112.65

CreditReports API