NIELS PAGH LOGISTICS A/S — Credit Rating and Financial Key Figures

CVR number: 25803264
Industrivej Syd 5, 6600 Vejen
vo@npldk.com
tel: 75363480

Income statement (kDKK)

2011
2012
2013
2014
2015
Fiscal period length1212121212
Net sales
Gross profit20 671.0012 361.0017 101.0020 239.0023 574.00
Employee benefit expenses-17 178.00-11 157.00-13 159.00-15 942.00-17 624.00
Other operating expenses-93.00
Total depreciation-1 629.00-1 529.00-2 014.00-2 648.00-2 315.00
EBIT1 864.00- 325.001 928.001 556.003 635.00
Other financial income545.00412.00196.00246.00333.00
Other financial expenses-1 491.00-1 325.00-1 156.00-1 285.00- 930.00
Net income from associates (fin.)- 139.00
Pre-tax profit825.00-1 497.00968.00517.002 702.00
Income taxes- 463.00252.00- 324.00- 252.00- 748.00
Net earnings362.00-1 245.00644.00265.001 954.00

Assets (kDKK)

2011
2012
2013
2014
2015
Intangible rights438.00273.00
Goodwill154.00
Intangible assets total438.00273.00154.00
Land and waters6 360.006 168.006 549.006 605.006 480.00
Machinery and equipment4 680.003 600.006 390.007 198.007 832.00
Tangible assets total11 040.009 768.0012 939.0013 803.0014 312.00
Participating interests94.00
Investments total907.0094.00
Non-current loans receivable9.009.00
Non-current other receivables804.001 164.00799.00609.00
Long term receivables total804.001 173.00808.00609.00
Finished products/goods309.00309.00330.00
Inventories total309.00309.00330.00
Current trade debtors19 673.0020 766.0023 872.0018 502.0018 023.00
Current owed by particip. interest comp.6.00
Prepayments and accrued income546.00540.00616.001 249.001 066.00
Current other receivables3 112.002 245.004 322.002 969.003 548.00
Current deferred tax assets415.00159.0097.00242.00
Short term receivables total23 331.0023 972.0028 969.0022 817.0022 879.00
Other current investments13.0015.0017.008.007.00
Cash and bank deposits466.001 141.00978.00752.001 606.00
Cash and cash equivalents479.001 156.00995.00760.001 613.00
Balance sheet total (assets)36 092.0036 076.0044 633.0038 497.0039 743.00

Equity and liabilities (kDKK)

2011
2012
2013
2014
2015
Share capital200.00200.00500.00500.00500.00
Other reserves- 294.00- 549.00- 680.00- 650.00
Retained earnings2 900.002 874.001 718.002 365.002 630.00
Profit of the financial year362.00-1 245.00644.00265.001 954.00
Minority interest (BS)294.00549.00680.00650.00588.00
Shareholders equity total3 462.001 829.002 862.003 130.005 672.00
Provisions234.00549.00122.00209.00667.00
Non-current loans from credit institutions4 846.004 657.004 462.004 254.009 057.00
Non-current leasing loans2 067.001 580.003 206.00
Non-current other liabilities2 748.004 414.00
Non-current liabilities total6 913.006 237.007 210.008 668.0012 263.00
Current loans from credit institutions11 139.00-9 115.0015 370.009 751.007 080.00
Current trade creditors11 172.0013 440.0014 700.0012 868.0010 675.00
Short-term deferred tax liabilities93.00
Other non-interest bearing current liabilities2 785.0023 136.003 689.003 221.003 386.00
Current liabilities total25 189.0027 461.0033 759.0025 840.0021 141.00
Balance sheet total (liabilities)35 798.0036 076.0043 953.0037 847.0039 743.00
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