UNION ENGINEERING A/S — Credit Rating and Financial Key Figures

CVR number: 13827540

Snaremosevej 27, Erritsø 7000 Fredericia

tel: 76207800

Income statement (mDKK)

	2020	2021	2022	2023	2024
Fiscal period length	12	12	12	12	12
Net sales	261.54	231.01	232.98
Other operating income	0.23	0.24	0.34
Costs of manufacturing	- 178.54	- 175.83	- 189.62
Gross profit	83.00	55.18	43.36	87.52	115.49
Costs of management	-42.21	-42.03	-40.07	-42.55	-43.68
Costs of distribution	-20.29	-18.83	-24.59	-24.39	-23.32
Other operating expenses	-0.88	-1.20	-1.67	-2.20	-2.17
EBIT	19.85	-6.63	-22.62	18.38	46.31
Other financial income	7.41	3.22	4.13	5.68	9.50
Other financial expenses	-6.95	-4.76	-4.83	-3.30	-4.16
Net income from associates (fin.)	1.46	1.07	0.94	0.92	1.09
Pre-tax profit	21.76	-7.10	-22.37	21.68	52.74
Income taxes	-4.47	-0.50	3.85	-6.76	-13.71
Net earnings	17.29	-7.60	-18.52	14.93	39.03

	2020	2021	2022	2023	2024
Development expenditure	0.73	0.49	0.39	0.29	0.18
Intangible rights	7.06	5.59	3.57	2.00	1.33
Goodwill		65.30	54.41	43.53	32.65
Intangible assets total	7.80	71.38	58.38	45.82	34.17
Buildings	1.11	0.81	0.71	0.35	0.92
Machinery and equipment	0.88	0.86	1.78	1.43	1.57
Tangible assets total	1.99	1.67	2.49	1.78	2.49
Holdings in group member companies	31.80	35.99	36.33	35.48	37.85
Investments total	33.86	38.11	38.45	37.60	39.97
Long term receivables total
Finished products/goods	3.85	8.17	19.43	17.60	11.42
Advance payments	2.71	3.47	3.45	4.88	7.67
Inventories total	6.57	11.64	22.88	22.49	19.09
Current trade debtors	14.37	37.58	44.38	23.11	36.66
Current amounts owed by group member comp.	81.98	87.21	73.16	169.73	151.88
Prepayments and accrued income	2.23	2.38	4.16	3.58	3.53
Current other receivables	43.72	38.26	39.24	36.20	30.27
Short term receivables total	142.30	165.43	160.94	232.61	222.35
Cash and bank deposits	1.45	3.13	0.39	2.97	14.06
Cash and cash equivalents	1.45	3.13	0.39	2.97	14.06
Balance sheet total (assets)	193.97	291.37	283.52	343.27	332.12

	2020	2021	2022	2023	2024
Share capital	10.00	10.00	10.00	10.00	10.00
Shares repurchased				25.00	20.00
Other reserves	26.40	31.15	32.68	29.37	31.66
Retained earnings	23.28	122.31	112.58	70.59	64.50
Profit of the financial year	17.29	-7.60	-18.52	14.93	39.03
Shareholders equity total	76.97	155.85	136.73	149.89	165.19
Provisions	10.04	10.32	7.40	21.16	21.23
Non-current deferred tax liabilities	5.60
Non-current liabilities total	5.60
Current loans from credit institutions	0.74
Advances received	4.56	5.77	8.25	3.78	5.75
Current trade creditors	53.89	80.54	86.29	104.74	83.73
Current owed to group member	13.28	4.90	11.86	6.99	7.32
Short-term deferred tax liabilities	6.44			2.86	7.05
Other non-interest bearing current liabilities	11.78	9.09	7.37	10.12	19.36
Accruals and deferred income	10.66	24.89	25.63	43.72	22.50
Current liabilities total	101.36	125.19	139.39	172.22	145.71
Balance sheet total (liabilities)	193.97	291.37	283.52	343.27	332.12

CreditReports API