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LEO PHARMA A/S — Credit Rating and Financial Key Figures

CVR number: 56759514
Industriparken 55, 2750 Ballerup

Income statement (mDKK)

2012
2013
2014
2015
Fiscal period length12121212
Net sales6 344.005 782.006 571.006 876.00
Change in finished goods inventory44.00158.00
Other operating income381.00809.00339.00356.00
Purchases during the financial year-3 391.00-3 192.00
Costs of manufacturing-4 507.00-4 838.00
External services-2 040.00-1 973.00
Gross profit1 338.001 584.002 064.002 038.00
Costs of management- 876.00- 987.00
Costs of distribution- 692.00- 733.00
Employee benefit expenses-1 027.00-1 102.00
Other operating expenses-5.00-6.00-1 069.00-1 100.00
Total depreciation-1 099.00- 923.00
EBIT- 793.00- 447.00- 234.00- 426.00
Other financial income1 129.001 090.001 327.00432.00
Other financial expenses-82.00-86.00-69.00- 265.00
Net income from associates (fin.)481.00773.00782.00927.00
Pre-tax profit735.001 330.001 806.00668.00
Income taxes-72.00- 155.00- 262.0045.00
Net earnings663.001 175.001 544.00713.00

Assets (mDKK)

2012
2013
2014
2015
Development expenditure77.0059.00299.00
Intangible rights1 031.00393.00357.00245.00
Intangible assets total1 031.00470.00416.00544.00
Land and waters526.00515.00464.00415.00
Buildings342.00300.00249.00260.00
Machinery and equipment79.0073.0067.0058.00
Advance payments and construction in progress64.0079.00122.00159.00
Tangible assets total1 011.00967.00902.00892.00
Holdings in group member companies3 614.003 587.004 310.004 488.00
Participating interests5.00
Investments total3 614.003 587.004 310.004 493.00
Non-current loans receivable20 109.0018 951.0013 988.0011 519.00
Deferred tax assets222.00124.00160.00
Long term receivables total20 109.0019 173.0014 112.0011 679.00
Semifinished products315.00464.00264.00311.00
Raw materials and consumables100.0090.0036.0034.00
Finished products/goods233.00241.00224.00333.00
Inventories total648.00795.00524.00678.00
Current trade debtors592.00556.00736.00822.00
Current amounts owed by group member comp.2 890.00552.003 356.002 921.00
Prepayments and accrued income11.0055.0054.0070.00
Current other receivables359.00977.001 384.001 442.00
Short term receivables total3 852.002 140.005 530.005 255.00
Other current investments5 861.008 497.0011 531.00
Cash and bank deposits708.0011.00318.00
Cash and cash equivalents708.005 872.008 815.0011 531.00
Balance sheet total (assets)30 973.0033 004.0034 609.0035 072.00

Equity and liabilities (mDKK)

2012
2013
2014
2015
Share capital250.00250.00250.00250.00
Asset revaluation reserve274.00997.001 248.00
Other reserves295.00
Retained earnings20 782.0021 437.0021 732.0022 540.00
Profit of the financial year663.001 175.001 544.00713.00
Shareholders equity total21 990.0023 136.0024 523.0024 751.00
Provisions107.00135.0046.0044.00
Non-current liabilities total
Current loans from credit institutions4 809.007 640.004 410.004 106.00
Current trade creditors156.00226.00762.00671.00
Current owed to group member3 587.001 372.004 682.005 256.00
Short-term deferred tax liabilities4.00
Other non-interest bearing current liabilities324.00495.00182.00244.00
Current liabilities total8 876.009 733.0010 040.0010 277.00
Balance sheet total (liabilities)30 973.0033 004.0034 609.0035 072.00
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