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FRILAND A/S — Credit Rating and Financial Key Figures

CVR number: 15889101
Danish Crown Vej 1, 8940 Randers SV
tel: 89192760

Income statement (kDKK)

2012
2013
Fiscal period length1212
Net sales
Gross profit16 609.0017 796.00
Employee benefit expenses-12 822.00-15 682.00
Total depreciation- 549.00- 738.00
EBIT3 238.001 376.00
Other financial income620.00245.00
Other financial expenses- 112.00- 186.00
Net income from associates (fin.)28.00
Pre-tax profit3 746.001 463.00
Income taxes-1 628.00- 682.00
Net earnings2 118.00781.00

Assets (kDKK)

2012
2013
Goodwill1 151.00776.00
Intangible assets total1 151.00776.00
Machinery and equipment721.001 318.00
Advance payments and construction in progress734.00
Tangible assets total1 455.001 318.00
Participating interests2 888.002 916.00
Investments total2 888.002 916.00
Non-current loans receivable2.00
Long term receivables total2.00
Finished products/goods4 406.005 183.00
Inventories total4 406.005 183.00
Current trade debtors102 706.0095 242.00
Current owed by particip. interest comp.83.00
Prepayments and accrued income30.0082.00
Current other receivables1 527.003 938.00
Current deferred tax assets71.00910.00
Short term receivables total104 334.00100 255.00
Cash and bank deposits1 502.002 992.00
Cash and cash equivalents1 502.002 992.00
Balance sheet total (assets)115 738.00113 440.00

Equity and liabilities (kDKK)

2012
2013
Share capital1 230.001 230.00
Retained earnings21 002.0023 124.00
Profit of the financial year2 118.00781.00
Shareholders equity total24 350.0025 135.00
Non-current liabilities total
Current loans from credit institutions4 340.007 017.00
Current trade creditors4 778.002 511.00
Current owed to group member46 472.0059 167.00
Short-term deferred tax liabilities545.00
Other non-interest bearing current liabilities35 253.0019 606.00
Accruals and deferred income4.00
Current liabilities total91 388.0088 305.00
Balance sheet total (liabilities)115 738.00113 440.00
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