Oreco A/S - CVR: 37259462

2023, DKK

02.07.2024

Bruttoresultat

19.598'

Primær drift

1.621'

Årets resultat

1.869'

Aktiver

41.291'

Kortfristede aktiver

35.014'

Egenkapital

12.649'

Afkastningsgrad

4 %

Soliditetsgrad

31 %

Likviditetsgrad

140 %

Resultat

02.07.2024

Årsrapport	2023 02.07.2024	2022 20.06.2023	2021 31.03.2022	2020 19.04.2021	2019 22.06.2020	2018 16.04.2019
Nettoomsætning
Bruttoresultat	19.598.156	6.289.929	12.432.323	10.032.829	10.759.888	9.901.912
Resultat af primær drift	1.621.032	-9.317.633	-1.970.128	-5.831.445	-4.539.478	-1.178.776
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0	0	0
Finansielle indtægter	89.350	17.164	145.781	617.781	412.581	282.680
Finansieringsomkostninger	-483.947	-174.762	-531.307	-684.545	-859.724	-2.424.228
Andre finansielle omkostninger	0	0	0	0	0	0
Resultat før skat	1.226.435	-9.475.231	-2.355.654	-5.898.209	-4.986.621	-3.320.324
Resultat	1.868.928	-6.534.867	-1.975.129	-6.325.048	-4.530.946	-2.588.257
Forslag til udbytte	0	0	0	0	0	0

Aktiver

02.07.2024

Årsrapport	2023 02.07.2024	2022 20.06.2023	2021 31.03.2022	2020 19.04.2021	2019 22.06.2020	2018 16.04.2019
Kortfristede varebeholdninger	5.879.366	4.889.389	4.619.111	3.454.628	1.867.377	1.667.492
Kortfristede tilgodehavender fra salg og tjenesteydelser	23.929.690	16.950.065	2.132.664	15.162.971	26.603.488	17.295.015
Likvider	5.204.992	1.645.284	2.768.842	39.142	4.681.219	816.409
Kortfristede aktiver	35.014.048	23.484.738	9.520.617	18.656.741	33.152.084	19.778.916
Immaterielle aktiver og goodwill	5.297.333	11.268.856	14.455.616	17.103.603	19.588.943	17.492.474
Finansielle anlægsaktiver	448.637	434.975	434.975	442.847	442.847	61.776
Materielle aktiver	531.137	653.978	809.070	782.500	1.000.412	199.197
Langfristede aktiver	6.277.107	12.357.809	15.699.661	18.328.950	21.032.202	17.753.447
Aktiver	41.291.155	35.842.547	25.220.278	36.985.691	54.184.286	37.532.363

Aktiver

02.07.2024

Passiver

02.07.2024

Årsrapport	2023 02.07.2024	2022 20.06.2023	2021 31.03.2022	2020 19.04.2021	2019 22.06.2020	2018 16.04.2019
Forslag til udbytte	0	0	0	0	0	0
Egenkapital	12.649.306	10.780.378	17.315.245	19.290.374	25.615.423	23.560.728
Hensatte forpligtelser	2.604.078	1.043.102	1.084.451	1.482.218	1.517.857	1.032.582
Langfristet gæld til banker	0	0	0	0	0	0
Anden langfristet gæld		942.286	926.328	1.048.284	1.343.064	0
Leverandører af varer og tjenesteydelser	11.273.227	7.186.480	3.339.736	2.256.372	5.102.402	6.987.675
Kortfristede forpligtelser	25.062.505	23.076.781	5.894.254	15.164.815	25.707.942	12.939.053
Gældsforpligtelser	26.037.771	24.019.067	6.820.582	16.213.099	27.051.006	12.939.053
Forpligtelser	26.037.771	24.019.067	6.820.582	16.213.099	27.051.006	12.939.053
Passiver	41.291.155	35.842.547	25.220.278	36.985.691	54.184.286	37.532.363

Passiver

02.07.2024

Nøgletal

02.07.2024

Årsrapport	2023 02.07.2024	2022 20.06.2023	2021 31.03.2022	2020 19.04.2021	2019 22.06.2020	2018 16.04.2019
Afkastningsgrad	3,9 %	-26,0 %	-7,8 %	-15,8 %	-8,4 %	-3,1 %
Dækningsgrad	Na.	Na.	Na.	Na.	Na.	Na.
Resultatgrad	Na.	Na.	Na.	Na.	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.	Na.	Na.
Egenkapitals-forretning	14,8 %	-60,6 %	-11,4 %	-32,8 %	-17,7 %	-11,0 %
Payout-ratio	Na.	Na.	Na.	Na.	Na.	Na.
Gældsdæknings-nøgletal	335,0 %	-5.331,6 %	-370,8 %	-851,9 %	-528,0 %	-48,6 %
Soliditestgrad	30,6 %	30,1 %	68,7 %	52,2 %	47,3 %	62,8 %
Likviditetsgrad	139,7 %	101,8 %	161,5 %	123,0 %	129,0 %	152,9 %

Resultat

02.07.2024

Gæld

02.07.2024

Årsrapport

02.07.2024

Nyeste:01.01.2023- 31.12.2023(offentliggjort: 02.07.2024)

Information om virksomhedens regnskabsklasse:The annual report for Oreco A/S has been presented in accordance with the Danish Financial Statements Act regulations concerning reporting class B enterprises. Furthermore, the company has decided to comply with certain rules applying to reporting class C enterprises. The accounting policies are unchanged from last year, and the annual report is presented in DKK.

Oplysning om pantsætninger og sikkerhedsstillelser:12. Charges and security For bank loans, DKK 0, the company has provided security in company assets representing a nominal value of t.DKK 5.000. This security comprises the assets below, stating the carrying amounts: DKK in thousands Inventories 5.879 Intangible fixed assets 5.297 Tangible fixed assets 531 Trade receivables 5.904

Beretning

02.07.2024

Dato for ledelsens godkendelse af årsrapporten:2024-05-28

Beskrivelse af usædvanlige forhold, der kan have påvirket indregningen eller målingen:Unusual circumstances In early 2023, management performed an impairment analysis of the capitalised goodwill in the company. The outlook for future earnings based on the capitalised goodwill was not good due to the energy crisis following the Russian invasion of Ukraine. Based on this, management assessed that the capitalised goodwill, which at this time amounted to DKK 4,320,793, had to be written down to DKK 0.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:Today, the Board of Directors and the Managing Director have approved the annual report of Oreco A/S for the financial year 1 January - 31 December 2023.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:The principal Activities of the Company The principal activities of the company are to develop, manufacture and globally market mobile, turnkey systems for automated waste oil recovery and storage tank cleaning (ATC) in the oil and petrochemical industries as well as develop, manufacture and globally market Pressure Swing Adsorption (PSA) Oxygen and Nitrogen producing systems for the general industry in addition to the oil and Petrochemical industry. Oreco’s tank cleaning and waste oil treatment systems offers a combination of oil tank cleaning with simultaneous or standalone separation of the cleaned-out sludge and waste. While Oreco’s PSA gas producing systems offers onsite and on-demand production of Nitrogen or Oxygen gasses both to the Oil and petrochemical industry, but also into several other large sectors such as aqua culture, glass industry, paper, and pulp industry and beyond. High level events The shares in Oreco were traded on March 31st, 2023. 100% of the shares are now placed in Saudi Napesco, Saudi Arabia. Saudi Napesco is a part of the Sæed Raddad Group containing more than 40. 000 employees. The whole negotiation was managed together with the owner Mr. Sæed Raddad himself. Unforuately in October 2023, Mr. Raddad passes away creating the need for management change. Late in 2023 Mr. Raddad’s son took over his responsibilities.