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ULTRABULK A/S — Credit Rating and Financial Key Figures

CVR number: 38283715
Smakkedalen 6, 2820 Gentofte
tel: 39970101

Income statement (mUSD)

2012
2013
2014
Fiscal period length121212
Net sales477.25625.71612.72
Other operating income0.15
Costs of manufacturing- 455.05- 594.26- 592.57
Gross profit22.2031.4520.30
Costs of management-19.57-16.54-18.64
Other operating expenses-0.21-0.16-0.09
EBIT2.4214.741.58
Other financial expenses0.58-0.74-0.16
Net income from associates (fin.)0.140.101.44
Pre-tax profit3.1414.092.86
Income taxes-1.800.23-0.69
Net earnings1.3414.322.17

Assets (mUSD)

2012
2013
2014
Intangible assets total
Buildings0.220.130.07
Machinery and equipment0.120.050.02
Tangible assets total0.340.180.09
Holdings in group member companies1.291.161.92
Participating interests3.312.582.83
Investments total4.593.744.74
Non-curr. owed by group member comp.18.94
Non-current loans receivable0.00
Deferred tax assets2.112.492.79
Long term receivables total21.052.492.79
Finished products/goods27.4130.6817.53
Inventories total27.4130.6817.53
Current trade debtors23.4437.0230.13
Current amounts owed by group member comp.4.4614.5016.71
Current owed by particip. interest comp.0.67
Prepayments and accrued income11.3712.9713.75
Current other receivables1.112.178.73
Short term receivables total41.0466.6669.32
Cash and bank deposits4.434.4915.25
Cash and cash equivalents4.434.4915.25
Balance sheet total (assets)98.88108.23109.72

Equity and liabilities (mUSD)

2012
2013
2014
Share capital0.130.130.21
Other reserves-20.86
Retained earnings14.9715.6741.08
Profit of the financial year1.3414.322.17
Shareholders equity total16.4430.1322.60
Provisions0.07
Non-current other liabilities17.73
Non-current liabilities total17.73
Current trade creditors40.0077.1759.08
Current owed to group member34.57
Short-term deferred tax liabilities0.150.14
Other non-interest bearing current liabilities7.880.7910.11
Current liabilities total82.4478.1169.32
Balance sheet total (liabilities)98.88108.23109.72
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