BABCOCK & WILCOX A/S - CVR: 25053664

2022, DKK

30.06.2023

Bruttoresultat

82.249'

Primær drift

-42.476'

Årets resultat

-48.057'

Aktiver

415''

Kortfristede aktiver

329''

Egenkapital

-20.972'

Afkastningsgrad

-10 %

Soliditetsgrad

-5 %

Likviditetsgrad

95 %

Resultat

30.06.2023

Årsrapport	2022 30.06.2023	2021 14.07.2022	2020 03.05.2021	2019 31.08.2020	2018 07.06.2019	2017 04.06.2018	2016 01.05.2017
Nettoomsætning	388.262.000	436.632.000	660.562.000	646.906.000	1.604.026.000	1.732.773.000	1.657.023
Bruttoresultat	82.249.000	192.349.000	27.777.000	-1.497.194.000	-1.135.829.000	-631.015.000	225.028
Resultat af primær drift	-42.476.000	37.114.000	-169.575.000	-1.665.898.000	-1.294.685.000	-782.669.000	104.079
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0	0	14.605.000	6.539
Finansielle indtægter	4.496.000	6.921.000	38.000	79.000	235.000	3.987.000	17.174
Finansieringsomkostninger	-21.954.000	0	0	0	0	0	-1.751
Andre finansielle omkostninger	0	-201.456.000	-258.306.000	-105.039.000	-16.910.000	-10.443.000	0
Resultat før skat	-49.337.000	-164.098.000	-442.176.000	-1.791.004.000	-1.317.845.000	-789.777.000	126.041
Resultat	-48.057.000	-166.026.000	-443.452.000	-1.797.212.000	-1.321.270.000	820.164.000	-102.403
Forslag til udbytte	0	0	0	0	0	0	0

Aktiver

30.06.2023

Årsrapport	2022 30.06.2023	2021 14.07.2022	2020 03.05.2021	2019 31.08.2020	2018 07.06.2019	2017 04.06.2018	2016 01.05.2017
Kortfristede varebeholdninger	42.242.000	40.382.000	42.188.000	40.836.000	44.126.000	48.792.000	42.694
Kortfristede tilgodehavender fra salg og tjenesteydelser	263.594.000	249.076.000	162.849.000	334.803.000	381.264.000	393.755.000	761.408
Likvider	23.235.000	16.511.000	22.650.000	3.829.000	57.453.000	184.988.000	240.449
Kortfristede aktiver	329.071.000	305.969.000	227.687.000	379.468.000	482.843.000	627.535.000	1.044.551
Immaterielle aktiver og goodwill	2.347.000	2.347.000	2.347.000	2.318.000	2.386.000	1.805.000	1.696
Finansielle anlægsaktiver	33.189.000	26.841.000	23.985.000	20.221.000	42.015.000	50.472.000	58.938
Materielle aktiver	50.289.000	57.318.000	55.982.000	59.527.000	61.878.000	60.990.000	57.022
Langfristede aktiver	85.825.000	86.506.000	82.314.000	82.066.000	106.279.000	113.267.000	117.656
Aktiver	414.896.000	392.475.000	310.001.000	461.534.000	589.122.000	740.802.000	1.162.207

Aktiver

30.06.2023

Passiver

30.06.2023

Årsrapport	2022 30.06.2023	2021 14.07.2022	2020 03.05.2021	2019 31.08.2020	2018 07.06.2019	2017 04.06.2018	2016 01.05.2017
Forslag til udbytte	0	0	0	0	0	0	0
Egenkapital	-20.972.000	26.810.000	-4.178.843.000	-3.726.134.000	-1.927.269.000	-604.153.000	217.682
Hensatte forpligtelser	71.000.000	136.128.000	179.726.000	234.912.000	117.570.000	72.319.000	103.538
Langfristet gæld til banker	0	0	0	0	0	0	0
Anden langfristet gæld	19.573.000	0	0	0	0	725.000	489
Leverandører af varer og tjenesteydelser	104.341.000	59.496.000	162.935.000	455.227.000	319.056.000	293.044.000	245.272
Kortfristede forpligtelser	345.295.000	229.537.000	4.309.118.000	3.952.756.000	2.398.821.000	1.272.636.000	840.987
Gældsforpligtelser	364.868.000	229.537.000	4.309.118.000	3.952.756.000	2.398.821.000	1.272.636.000	840.987
Forpligtelser	364.868.000	229.537.000	4.309.118.000	3.952.756.000	2.398.821.000	1.272.636.000	840.987
Passiver	414.896.000	392.475.000	310.001.000	461.534.000	589.122.000	740.802.000	1.162.207

Passiver

30.06.2023

Nøgletal

30.06.2023

Årsrapport	2022 30.06.2023	2021 14.07.2022	2020 03.05.2021	2019 31.08.2020	2018 07.06.2019	2017 04.06.2018	2016 01.05.2017
Afkastningsgrad	-10,2 %	9,5 %	-54,7 %	-360,9 %	-219,8 %	-105,7 %	9,0 %
Dækningsgrad	21,2 %	44,1 %	4,2 %	-231,4 %	-70,8 %	-36,4 %	13,6 %
Resultatgrad	-12,4 %	-38,0 %	-67,1 %	-277,8 %	-82,4 %	47,3 %	-6,2 %
Varelagerets omsætningshastighed	9,2	10,8	15,7	15,8	36,4	35,5	38,8
Egenkapitals-forretning	229,1 %	-619,3 %	10,6 %	48,2 %	68,6 %	-135,8 %	-47,0 %
Payout-ratio	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	-193,5 %	Na.	Na.	Na.	Na.	Na.	5.944,0 %
Soliditestgrad	-5,1 %	6,8 %	-1.348,0 %	-807,3 %	-327,1 %	-81,6 %	18,7 %
Likviditetsgrad	95,3 %	133,3 %	5,3 %	9,6 %	20,1 %	49,3 %	124,2 %

Resultat

30.06.2023

Gæld

30.06.2023

Årsrapport

30.06.2023

Nyeste:01.01.2022- 31.12.2022(offentliggjort: 30.06.2023)

Oplysning om eventualaktiver:Based on the loss in 2021, management has evaluated that it is not possible to produce convincing evidence for utilizing the deferred tax within the next 3-5 years. Management expects to execute the remaining backlog in a profitable manner and to be able to secure new project opportunities in the market to restore positive income for the Company. However, this evidence døs not substantiate the position required to maintain the deferred tax asset from an accounting perspective. Consequently, management has made a valuation allowance for deferred tax assets at year-end 2021.

Beretning

30.06.2023

Dato for ledelsens godkendelse af årsrapporten:2022-07-07

Beskrivelse af usædvanlige forhold, der kan have påvirket indregningen eller målingen:The financial position at 31 December 2021 of the Company and the results of the activities of the Company for the financial year for 2021 have resulted in loss of the share capital. It is the management’s expectations that the equity will be reestablished based on the Company's operation. Going concern B&W PGG Luxembourg Finance has issued a letter of comfort inter alia stating that it is in the interest of the parent company to ensure that the company meets its financial obligations at all times and that it is the policy of the parent company to provide the company with such support and assistance as may be required to ensure that it maintains capital and liquidity levels to enable it at all times to meet its obligations in conformity with standards of prudence generally accepted for its field of business. This letter of comfort is valid until date of the general meeting in the company where the annual report for the year ending 31 December 2022 is approved, however, in no event later than 30 June 2023. Based on this, it is the Management's assessment that the Company can continue as going concern.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:Today, the Board of Directors and the Executive Board have discussed and approved the annual report of Babcock & Wilcox A/S for the financial year 1 January - 31 December 2021.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Babcock & Wilcox A/S is a fully owned subsidiary of Babcock & Wilcox Enterprises, Inc. (B&W), a U. S.-based public company listed on the New York Stock Exchange (Ticker: BW). We are a leading international supplier of technologies for renewable energy plants that use various types of waste and biomass as fuel. We design, engineer, manufacture, install and service components of various dimensions and configurations primarily based on our own stoker/grate firing technology. We also provide operating and maintenances services and aftermarket equipment for renewable energy plants.