ARECO PROFILES A/S — Credit Rating and Financial Key Figures

CVR number: 10778638
Industriparken 22, 9575 Terndrup
tel: 98336500

Income statement (kDKK)

2013
2014
Fiscal period length1212
Net sales
Gross profit15 414.0025 241.00
Costs of management-6 002.00-9 798.00
Costs of distribution-12 893.00-19 284.00
Total depreciation-3 443.00
EBIT-3 481.00-3 841.00
Other financial income759.00381.00
Other financial expenses-2 598.00-3 006.00
Pre-tax profit-5 320.00-6 466.00
Income taxes735.001 263.00
Net earnings-4 585.00-5 203.00

Assets (kDKK)

2013
2014
Development expenditure190.00
Intangible rights1 410.00
Intangible assets total1 600.00
Land and waters13 190.0013 101.00
Buildings5 437.003 868.00
Machinery and equipment2 795.002 931.00
Advance payments and construction in progress1 988.00
Tangible assets total21 422.0021 888.00
Investments total
Long term receivables total
Raw materials and consumables14 504.0018 757.00
Finished products/goods453.002 297.00
Inventories total14 957.0021 054.00
Current trade debtors5 052.008 724.00
Current amounts owed by group member comp.1 961.00
Prepayments and accrued income317.00349.00
Current other receivables242.0077.00
Current deferred tax assets3 669.004 932.00
Short term receivables total11 241.0014 082.00
Cash and bank deposits163.00413.00
Cash and cash equivalents163.00413.00
Balance sheet total (assets)47 783.0059 037.00

Equity and liabilities (kDKK)

2013
2014
Share capital500.00500.00
Retained earnings6 817.002 164.00
Profit of the financial year-4 585.00-5 203.00
Shareholders equity total2 732.00-2 539.00
Provisions37.0016.00
Non-current loans from credit institutions6 289.005 852.00
Non-current owed to group member22 375.00
Non-current other liabilities2 766.00
Non-current liabilities total9 055.0028 227.00
Current loans from credit institutions15 177.00336.00
Current trade creditors11 784.003 376.00
Current owed to participating29.00
Current owed to group member26 312.00
Other non-interest bearing current liabilities8 969.003 309.00
Current liabilities total35 959.0033 333.00
Balance sheet total (liabilities)47 783.0059 037.00
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