Lumina Sustainable Materials A/S - CVR: 12759711

2022, DKK

23.10.2023

Bruttoresultat

-32.023'

Primær drift

-68.477'

Årets resultat

-114''

Aktiver

323''

Kortfristede aktiver

Na.

Egenkapital

-150''

Afkastningsgrad

-21 %

Soliditetsgrad

-47 %

Likviditetsgrad

0 %

Resultat

23.10.2023

Årsrapport	2022 23.10.2023	2021 26.10.2022	2020 01.10.2021	2019 15.12.2020
Nettoomsætning
Bruttoresultat	-32.023.000	-36.174.560	-65.401.333	-49.484.326
Resultat af primær drift	-68.477.000	-61.638.607	-91.926.768	-240.574.647
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0
Finansielle indtægter	-13.000	0	17.533.778	7.853.968
Finansieringsomkostninger	-45.545.000	0	0	0
Andre finansielle omkostninger	0	-31.787.811	-12.903.882	-16.620.278
Resultat før skat	-114.035.000	-93.426.418	0	0
Resultat	-114.035.000	-93.432.036	-87.296.872	-249.340.957
Forslag til udbytte	0	0	0	0

Aktiver

23.10.2023

Årsrapport	2022 23.10.2023	2021 26.10.2022	2020 01.10.2021	2019 15.12.2020
Kortfristede varebeholdninger	3.722.000	1.292.490	3.634.128	4.275.787
Kortfristede tilgodehavender fra salg og tjenesteydelser	1.733.000	1.641.626	228.063	3.682.420
Likvider	16.032.000	31.497.076	30.019.933	30.308.435
Kortfristede aktiver	0	34.431.192	33.882.124	38.266.642
Immaterielle aktiver og goodwill	234.903.000	238.420.819	238.700.819	238.946.408
Finansielle anlægsaktiver	5.756.000	5.256.184	22.430	22.430
Materielle aktiver	60.754.000	28.756.567	33.865.936	44.583.193
Langfristede aktiver	301.413.000	272.433.570	272.589.185	283.552.031
Aktiver	322.900.000	306.864.762	306.471.309	321.818.673

Aktiver

23.10.2023

Passiver

23.10.2023

Årsrapport	2022 23.10.2023	2021 26.10.2022	2020 01.10.2021	2019 15.12.2020
Forslag til udbytte	0	0	0	0
Egenkapital	-150.455.000	-47.436.690	43.615.082	-112.391.296
Hensatte forpligtelser	10.000.000	10.000.000	10.000.000	10.000.000
Langfristet gæld til banker	0	0	0	0
Anden langfristet gæld		0	0	0
Leverandører af varer og tjenesteydelser	6.394.000	4.007.635	4.210.602	3.176.442
Kortfristede forpligtelser	11.441.000	25.311.012	6.412.899	88.856.329
Gældsforpligtelser	463.355.000	344.301.452	252.856.227	424.209.969
Forpligtelser	463.355.000	344.301.452	252.856.227	424.209.969
Passiver	322.900.000	306.864.762	306.471.309	321.818.673

Passiver

23.10.2023

Nøgletal

23.10.2023

Årsrapport	2022 23.10.2023	2021 26.10.2022	2020 01.10.2021	2019 15.12.2020
Afkastningsgrad	-21,2 %	-20,1 %	-30,0 %	-74,8 %
Dækningsgrad	Na.	Na.	Na.	Na.
Resultatgrad	Na.	Na.	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.
Egenkapitals-forretning	75,8 %	197,0 %	-200,2 %	221,9 %
Payout-ratio	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	-150,4 %	Na.	Na.	Na.
Soliditestgrad	-46,6 %	-15,5 %	14,2 %	-34,9 %
Likviditetsgrad	Na.	136,0 %	528,3 %	43,1 %

Resultat

23.10.2023

Gæld

23.10.2023

Årsrapport

23.10.2023

Nyeste:01.04.2022- 31.03.2023(offentliggjort: 23.10.2023)

Information om virksomhedens regnskabsklasse:This annual report has been presented in accordance with the provisions of the Greenlandic Financial Statements Act governing reporting class B enterprises with addition of a few provisions for reporting class C. The accounting policies applied to these financial statements are consistent with those applied last year.

Beretning

23.10.2023

Dato for ledelsens godkendelse af årsrapporten:2023-10-11

Beskrivelse af usikkerhed ved indregning eller måling:Recognition and measurement uncertainty Lumina Sustainable Materials A/S operates an anorthosite mine at Qaqortorsuaq, from where the company started production in 2018. The company has had some large volume sales of test material to potential longtermbuyers. These sales have resulted in very positive test results by all of the buyers, and some contracts for the e-glass marked in Europe. However, negotiations for larger commercial contracts are still ongoing. The Company has not yet realized significant revenue generated from sales agreements for anorthosite and thus the establishment and operation has been financed with equity and loans from the shareholders. The shareholders are confident that with the strategy being implemented and the progress that has been – and still is – taking place at the mine and in the markets, the project and the Company are moving in the right direction. The primary shareholders are expected to provide further funding in order to support the further operation and development of the company. The company marketing and sales work, conducted in 2021/22 and 2022/23 will continue in 2023/24 and is directed to more markets and customers, who can increase the sales volume during the year and thus increase the turnover rate for raw material and produced products on stock and further also increase the utilization of the production capacity. The main uncertainty is related to the timing as we have engaged in significant commercial negotiations at the same time as important changes and improvements are being executed at the White Mountain Anorthosite mine and approval on application to increase of production volume. As a consequence of the uncertainty related to the expected revenue, we recognize there is an uncertainty to the valuation of the intangible assets and propety, plant and equipment.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:Today the Board of Directors and Executive Board have discussed and approved the Annual Report of Lumina Sustainable Materials A/S for the financial year 1 April 2022 - 31 March 2023.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Principal activities Lumina Sustainable Materials is an innovative material science company tackling today's most pressing manufacturing challanges through industry-leading sustainability. The Comapny is developing the White Mountain Anorthosite Mine located in the Kangerlussuaq fjord on west coast of Greenland. During the financial year 2022/23 focus on R&D was increased a long side further improvements of the infrastructure and facility in Greenland. The already low environmental impact of operations was lowered further by creating a market and demand for biproduct waste material from grinding process and by this taking another step to becoming a zero-emission mining and advanced materials company. The management has been engaged in applying for the necessary changes to the existing License by working closely together with the Greenlandic Department of Mineral Resources and Justice. Furthermore, the Company has pursued designing and implementing necessary capital projects at the White Mountain Anorthosite Mine.