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GLOBAL TIMBER A/S — Credit Rating and Financial Key Figures

CVR number: 29429774
Michael Drewsens Vej 1 A, 8270 Højbjerg
mail@globaltimber.dk
tel: 48270010

Income statement (kDKK)

2014
2015
Fiscal period length1212
Net sales
Gross profit22 273.8624 711.90
Employee benefit expenses-11 058.85-13 105.63
Total depreciation-65.62- 188.95
EBIT11 149.3911 417.32
Other financial income391.46580.54
Other financial expenses-1 425.55-1 845.27
Pre-tax profit10 115.3010 152.59
Income taxes-2 402.48-2 408.64
Net earnings7 712.827 743.96

Assets (kDKK)

2014
2015
Intangible rights380.18
Intangible assets total380.18
Land and waters14 229.11
Machinery and equipment403.53302.88
Tangible assets total403.5314 532.00
Investments total
Non-current other receivables300.00300.00
Long term receivables total300.00300.00
Raw materials and consumables47 545.431 063.69
Finished products/goods36 917.33
Advance payments421.98184.62
Inventories total47 967.4238 165.64
Current trade debtors28 245.8827 707.78
Prepayments and accrued income40.6079.00
Current other receivables1 422.061 097.54
Current deferred tax assets96.40144.42
Short term receivables total29 804.9429 028.73
Cash and bank deposits1 278.85232.27
Cash and cash equivalents1 278.85232.27
Balance sheet total (assets)79 754.7382 638.81

Equity and liabilities (kDKK)

2014
2015
Share capital2 333.332 333.33
Shares repurchased5 000.005 000.00
Retained earnings3 956.776 887.03
Profit of the financial year7 712.827 743.96
Shareholders equity total19 002.9221 964.32
Capital loans2 983.802 611.84
Non-current liabilities total2 983.802 611.84
Short-term capital loans371.96
Current loans from credit institutions39 935.2341 863.36
Advances received484.45
Current trade creditors9 726.477 162.38
Short-term deferred tax liabilities3 079.173 332.74
Other non-interest bearing current liabilities5 027.134 847.76
Current liabilities total57 768.0158 062.66
Balance sheet total (liabilities)79 754.7382 638.81
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