C-Leanship A/S - CVR: 33392427

2023, DKK

12.06.2024

Bruttoresultat

-27.798'

Primær drift

-48.530'

Årets resultat

-48.207'

Aktiver

62.644'

Kortfristede aktiver

17.313'

Egenkapital

9.727'

Afkastningsgrad

-77 %

Soliditetsgrad

16 %

Likviditetsgrad

39 %

Resultat

12.06.2024

Årsrapport	2023 12.06.2024	2022 08.06.2023	2021 31.05.2022	2020 16.06.2021	2019 04.06.2020	2018 28.05.2019	2017 30.05.2018	2016 02.06.2017	2015 18.05.2016
Nettoomsætning									4.411.721
Bruttoresultat	-27.798.048	-14.873.567	-16.447.218	-6.897.944	-17.192.789	-13.734.393	-15.028.246	-16.235.772	0
Resultat af primær drift	-48.530.018	-34.393.665	-27.267.326	-12.491.557	-25.621.677	-23.297.073	-25.140.493	-20.911.132	0
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0	0	0	0	0	0
Finansielle indtægter	1.405.103	2.419.531	3.033.175	21.352	185.469	137.504	2.970.898	18.968	190.779
Finansieringsomkostninger	-3.095.153	-2.897.356	-1.963.785	-657.529	-1.518.200	-4.227.971	-2.194.565	-2.136.377	-325.070
Andre finansielle omkostninger	0	0	0	0	0	0	0	0	0
Resultat før skat	-50.220.068	-34.871.490	-26.197.936	-13.127.734	-21.338.666	-27.387.540	-24.364.160	-23.028.541	-23.215.438
Resultat	-48.206.766	-32.877.993	-24.358.339	-13.140.216	-19.644.535	-26.116.764	-22.753.164	-21.149.232	-23.711.824
Forslag til udbytte	0	0	0	0	0	0	0	0	0

Aktiver

12.06.2024

Årsrapport	2023 12.06.2024	2022 08.06.2023	2021 31.05.2022	2020 16.06.2021	2019 04.06.2020	2018 28.05.2019	2017 30.05.2018	2016 02.06.2017	2015 18.05.2016
Kortfristede varebeholdninger	303.269	94.481	0	0	0	0	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	7.118.948	6.914.703	4.470.727	4.124.456	3.322.812	2.645.413	1.742.893	3.435.217	4.716.496
Likvider	9.891.093	16.628.315	8.167.209	591.313	6.256.859	2.009.117	1.292.576	2.132.785	4.958.983
Kortfristede aktiver	17.313.310	23.637.499	12.637.936	4.715.769	9.579.671	4.654.530	3.035.469	5.568.002	9.675.479
Immaterielle aktiver og goodwill	12.480.243	12.494.692	17.473.155	21.359.583	21.647.958	18.602.189	18.843.452	21.430.741	34.079.932
Finansielle anlægsaktiver	1.704.851	1.710.464	1.109.705	556.669	532.294	532.294	572.223	571.551	64.222
Materielle aktiver	31.145.723	34.323.980	34.933.792	13.130.853	12.529.952	3.567.819	7.683.763	11.874.906	4.640
Langfristede aktiver	45.330.817	48.529.136	53.516.652	35.047.105	34.710.204	22.702.302	27.099.438	33.877.198	34.148.794
Aktiver	62.644.127	72.166.635	66.154.588	39.762.874	44.289.875	27.356.832	30.134.907	39.445.200	43.824.273

Aktiver

12.06.2024

Passiver

12.06.2024

Årsrapport	2023 12.06.2024	2022 08.06.2023	2021 31.05.2022	2020 16.06.2021	2019 04.06.2020	2018 28.05.2019	2017 30.05.2018	2016 02.06.2017	2015 18.05.2016
Forslag til udbytte	0	0	0	0	0	0	0	0	0
Egenkapital	9.727.250	43.645.066	42.569.467	17.949.044	24.175.017	6.451.704	-14.210.920	6.463.869	21.707.956
Hensatte forpligtelser	0	0	0	0	0	0	0	0	6.199.860
Langfristet gæld til banker	3.718.017	0	0	0	0	0	0	0	0
Anden langfristet gæld		950.770	2.448.291	2.448.291	2.448.291	2.448.291	1.830.387	1.497.521	1.497.521
Leverandører af varer og tjenesteydelser	778.883	659.391	1.488.833	467.862	1.814.382	339.512	266.356	493.707	5.790.918
Kortfristede forpligtelser	44.530.073	25.893.859	17.876.609	11.663.716	9.468.056	9.606.741	10.883.247	8.942.293	6.772.873
Gældsforpligtelser	0	0	0	0	0	0	0	0	15.916.457
Forpligtelser	0	0	0	0	0	0	0	0	15.916.457
Passiver	62.644.127	72.166.635	66.154.588	39.762.874	44.289.875	27.356.832	30.134.907	39.445.200	43.824.273

Passiver

12.06.2024

Nøgletal

12.06.2024

Årsrapport	2023 12.06.2024	2022 08.06.2023	2021 31.05.2022	2020 16.06.2021	2019 04.06.2020	2018 28.05.2019	2017 30.05.2018	2016 02.06.2017	2015 18.05.2016
Afkastningsgrad	-77,5 %	-47,7 %	-41,2 %	-31,4 %	-57,8 %	-85,2 %	-83,4 %	-53,0 %	Na.
Dækningsgrad	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Resultatgrad	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.	-537,5 %
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Egenkapitals-forretning	-495,6 %	-75,3 %	-57,2 %	-73,2 %	-81,3 %	-404,8 %	160,1 %	-327,2 %	-109,2 %
Payout-ratio	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	-1.567,9 %	-1.187,1 %	-1.388,5 %	-1.899,8 %	-1.687,6 %	-551,0 %	-1.145,6 %	-978,8 %	Na.
Soliditestgrad	15,5 %	60,5 %	64,3 %	45,1 %	54,6 %	23,6 %	-47,2 %	16,4 %	49,5 %
Likviditetsgrad	38,9 %	91,3 %	70,7 %	40,4 %	101,2 %	48,5 %	27,9 %	62,3 %	142,9 %

Resultat

12.06.2024

Gæld

12.06.2024

Årsrapport

12.06.2024

Nyeste:01.01.2023- 31.12.2023(offentliggjort: 12.06.2024)

Information om virksomhedens regnskabsklasse:The annual report of C-Leanship A/S for 2023 has been prepared in accordance with the provisions in the Danish Financial Statements Act applying to reporting class B entities and elective choice of certain provisions applying to reporting class C entities.

Oplysning om eventualaktiver:The Company has tax loss carry-forwards totalling DKK 204. 585 thousand (2022: DKK 158,660 thousand). The nominal value thereof is 22%, totalling DKK 45. 008 thousand (2022: DKK 34,905 thousand), which has not been recognised in the balance sheet due to the uncertainty as to application of the tax losses.

Beretning

12.06.2024

Dato for ledelsens godkendelse af årsrapporten:2024-05-16

Beskrivelse af usikkerhed ved indregning eller måling:C-Leanship has verified its technology and the concept of cleaning a large vessel in port during one port call in a safe, gentle and environmentally friendly way. Completed development projects, amounting DKK 7. 1 million at 31 December 2023, represents the intangible assets associated with the development of the ShipShiner (the machine that performs the underwater hull cleanings), which initially was placed in operations in 2020. Development projects in progress, amounting DKK 5. 3 million at 31 December 2023, represents intangible assets related to development of the PropShiner (the machine that performers underwater propeller cleanings), which is expected to be placed in operations in 2024. Operational equipment, other fixtures and fittings, tools and equipment, and equipment in progress, amounting DKK 29. 9 million, DKK 0. 4 million, and DKK 0. 8 million, respectively at 31 December 2023, primarily comprise the constructed tangible ShipShiners in operations. C-Leanship has performed an impairment test by estimating the expected value of the discounted future Cash flow (DCF) expected to be generated by the business to be established. Management's conclusion is that this DCF value exceeds the value of the capitalised development cost and property plant and equipment. Due to uncertainties as to future income and cash flows from sale of hull cleanings, the valuation of the non-current asset is subject to Management's assessments and estimates and, consequently, to measurement uncertainties.

Beskrivelse af usædvanlige forhold, der kan have påvirket indregningen eller målingen:Going concern The Company is in an expansion phase and its operating and expansion activities are financed by operational cash-flows from sale of hull- and prop cleaning services, capital injections from investors, short-term convertible loan payables to current shareholders and payables to other group companies. Until such time when the Company becomes able to generate positive cash-flows from its operations, additional funding is expected to be necessary to fund the Company's planned operations and expansion activities. At 31 December 2023, the Company’s total current assets amounted DKK 17. 3 million and total current liabilities amounted DKK 44. 5 million. Considering the Company’s negative net current assets at 31 December 2023, proceeds received from issuance of convertible loans in March 2024, and forecasted cash requirements, the Board of Directors and Executive Management assess that the Company has sufficient funds to meet the Company's operational liquidity requirements into July 2024. Financing of the Company’s activities for the second half of 2024 is not secured as of the date of these financial statements. Therefore, Management plans to raise additional funding in the form of issuance of new shares, loans, convertible loans, or a combination of such. The Board of Directors and Executive Management believe that new funding sufficient to fund the Company’s operations at least through 2024 will be obtained in due time. Based on this assumption, the Board of Directors and the Executive Management have prepared these Financial Statements based on a going concern assumption. Since new source of funding, as described above, is not obtained at the date of these financial statements, material uncertainty that may cast significant doubt on the Company’s ability to continue as a going concern exists, and therefore the Company may be unable to realize its assets and discharge its liabilities in the normal course of business.

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 C-Leanship A/S for the financial year 1 January - 31 December 2023.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:C-Leanship offers their customers a full hull cleaning and full inspection of the hull in port during cargo operation. The services present several benefits for the customers which includes fuel savings, reduced emissions, smaller environmental footprint, and no disruption to schedules. C-Leanship has confirmations from the customers that they save both valuable fuel and time by cleaning in port. This is further confirmed by Inspection service agreements with the world's largest container lines whereby C-Leanship regularly inspect all the customers vessels calling their current service hubs. The service that C-Leanship offers the market can be done in one port call safely without divers. By offering the customers reliable services in Singapore, South Korea and Belgium C- Leanship is also focusing on expanding the network of cleaning hubs to be able to services customers in more locations. During 2023, C-Leanship has continued to build up sales volume and expanding the customer base by increasing activity from the world's largest container lines and from anchorage customers consisting of Large Bulk Carriers & Oil Tankers. First step for this was taken in 2021 with the addition of a Service Hub in Busan, Korea and in 2022 a third Service Hub in Antwerp, Belgium. With a reliable service, focus is on expanding the service portfolio to move closer to having all needed services in-house. C-Leanships long term plan is to establish service hubs in multiple locations around the world. This is being requested by customers and the market for underwater servicing is expected to increase significantly in the coming years for the following reasons: Increase in Global awareness on pollution both via emissions and invasive species. Growing need from shipowners to have safe, reliable and environmentally friendly solutions in more ports. Upcoming environmental legislations to avoid spreading of invasive species and to reduce emissions such as the CII regulations as of January 2023 and the Australia Biofouling regulations as of 15th June 2022. C-Leanship has established a solid foundation for future expansion by building up a market position, developing a technology to provide its services and developing the organization and operational skills to offer the market services that address the customers' current and future needs.