KEA Holding I ApS - CVR: 37459674

2022, EUR

17.07.2023

Bruttoresultat

-1.000

Primær drift

-34.000

Årets resultat

64.892'

Aktiver

188''

Kortfristede aktiver

5.297'

Egenkapital

187''

Afkastningsgrad

-0 %

Soliditetsgrad

99 %

Likviditetsgrad

+500%

Resultat

17.07.2023

Årsrapport	2022 17.07.2023	2021 05.07.2022	2020 15.07.2021	2019 16.06.2020	2018 12.06.2019	2017 22.06.2018	2016 04.07.2017
Nettoomsætning	0	0	0	0	0	0	0
Bruttoresultat	-1.000	-3.000	-52.000	0	0	0	0
Resultat af primær drift	-34.000	-9.000	-138.000	-28.000	-24.000	-27.000	-9.000
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0	0	0	0	0
Finansielle indtægter	38.000	77.000	4.000	39.000	55.000	13.000	4.000
Finansieringsomkostninger	-22.000	-147.000	-52.000	-43.000	-20.000	-30.000	-4.000
Andre finansielle omkostninger	0	0	0	0	0	0	0
Resultat før skat	64.890.000	43.094.000	17.889.000	23.111.000	16.078.000	14.197.000	15.027.000
Resultat	64.892.000	43.079.000	17.934.000	23.069.000	16.077.000	14.205.000	15.027.000
Forslag til udbytte	0	-11.000	-11.000	-7.000	0	0	0

Aktiver

17.07.2023

Årsrapport	2022 17.07.2023	2021 05.07.2022	2020 15.07.2021	2019 16.06.2020	2018 12.06.2019	2017 22.06.2018	2016 04.07.2017
Kortfristede varebeholdninger	0	0	0	0	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	293.000	184.000	49.000	80.000	1.000	38.000	0
Likvider	5.004.000	175.000	1.124.000	536.000	107.000	40.000	0
Kortfristede aktiver	5.297.000	359.000	1.173.000	616.000	108.000	78.000	0
Immaterielle aktiver og goodwill	0	0	0	0	0	0	0
Finansielle anlægsaktiver	182.772.000	153.027.000	113.530.000	97.317.000	71.393.000	55.750.000	40.732.000
Materielle aktiver	0	495.000	495.000	0	0	0	0
Langfristede aktiver	182.772.000	153.522.000	114.025.000	97.317.000	71.393.000	55.750.000	40.732.000
Aktiver	188.069.000	153.881.000	115.198.000	97.933.000	71.501.000	55.828.000	40.732.000

Aktiver

17.07.2023

Passiver

17.07.2023

Årsrapport	2022 17.07.2023	2021 05.07.2022	2020 15.07.2021	2019 16.06.2020	2018 12.06.2019	2017 22.06.2018	2016 04.07.2017
Forslag til udbytte	0	11.000	11.000	7.000	0	0	0
Egenkapital	187.006.000	153.608.000	114.316.000	96.341.000	70.492.000	54.829.000	40.549.000
Hensatte forpligtelser	0	0	0	0	0	0	0
Langfristet gæld til banker	0	0	0	0	0	0	0
Anden langfristet gæld		153.000	192.000	178.000	0	0	0
Leverandører af varer og tjenesteydelser	10.000	0	53.000	56.000	50.000	32.000	9.000
Kortfristede forpligtelser	228.000	0	53.000	119.000	545.000	32.000	9.000
Gældsforpligtelser	1.062.000	273.000	882.000	1.592.000	1.009.000	999.000	183.000
Forpligtelser	1.062.000	273.000	882.000	1.592.000	1.009.000	999.000	183.000
Passiver	188.069.000	153.881.000	115.198.000	97.933.000	71.501.000	55.828.000	40.732.000

Passiver

17.07.2023

Nøgletal

17.07.2023

Årsrapport	2022 17.07.2023	2021 05.07.2022	2020 15.07.2021	2019 16.06.2020	2018 12.06.2019	2017 22.06.2018	2016 04.07.2017
Afkastningsgrad	0,0 %	0,0 %	-0,1 %	0,0 %	0,0 %	0,0 %	0,0 %
Dækningsgrad	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Resultatgrad	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.	Na.	Na.	Na.	Na.
Egenkapitals-forretning	34,7 %	28,0 %	15,7 %	23,9 %	22,8 %	25,9 %	37,1 %
Payout-ratio	Na.	0,0 %	0,1 %	0,0 %	Na.	Na.	Na.
Gældsdæknings-nøgletal	-154,5 %	-6,1 %	-265,4 %	-65,1 %	-120,0 %	-90,0 %	-225,0 %
Soliditestgrad	99,4 %	99,8 %	99,2 %	98,4 %	98,6 %	98,2 %	99,6 %
Likviditetsgrad	2.323,2 %	Na.	2.213,2 %	517,6 %	19,8 %	243,8 %	Na.

Resultat

17.07.2023

Gæld

17.07.2023

Årsrapport

17.07.2023

Nyeste:01.01.2022- 31.12.2022(offentliggjort: 17.07.2023)

Oplysning om pantsætninger og sikkerhedsstillelser:Mortgages and collateralContingent Liabilities and Other Financial LiabilitiesEUR million20222021Warranties regarding potential acquisition of new projects 35 20 Grid connection guarantees 186 101 Warranties regarding Power Purchase Agreements 38 55 Warranties regarding divestment of energy parks 52 53 Claims regarding divested energy parks 12 8 323 236 LeasesLeases that substantially transfer all risks and rewards incidental to ownership of the asset to the Group are financeleases. All other leases are operating leases. Lease payments under operating leases are recognised in the incomestatement as an expense on a straight-line basis over the term of the lease. The Group has only leases classified asoperating leases.The European Energy Group transitioned to IFRS 16 as per 1 January 2019 in accordance with the modifiedretrospective approach. The prior-year figures were not adjusted.Security for debtPledges and guarantees related to financing agreementsEnd of 2022 total outstanding debt at the parent level equalled EUR 364m (2021: EUR 285m), while total debt onproject level amounted to EUR 724m (2021: EUR 347m) including short-term construction financings and long-termproject financing.All financing on the parent company level is obtained without security and structurally subordinated to the project levelfinancing. To secure financial obligations of the projects towards financing partners, the projects usually providesecurity in the form of asset- or share pledges.End of 2022 the total outstanding project level financing with pledged assets or shares amounted to EUR 723m (2021EUR 278m). The corresponding carrying amount of the pledged assets or shares amounted to EUR 985m (2021: EUR468m).Guarantees as security of debtBesides asset- and share pledges, we also provide parent company guarantees toward financial counterparts for short-term construction financing. For long-term project financing, this guarantee is removed, and the debt is obtained asnon-recourse.End of 2022 the total recourse debt at the project levels amounted to EUR 429m (2021: EUR 121m).

Beretning

17.07.2023

Dato for ledelsens godkendelse af årsrapporten:2023-07-14

Ledelsespåtegning:Statement by the Executive Board

Beskrivelse af usikkerhed ved indregning eller måling:Uncertainty with regard to recognition and measurementWhen preparing the consolidated financial statements of the Group, Management makes anumber of accounting estimates and assumptions on which the recognition and measurementof the Group’s assets and liabilities are based. The following provides information about assumptions and estimation uncertainties with asignificant risk of resulting in a material adjustment in the year ending 31 December 2022Revenue measurementWhen divesting power plants the transaction price may comprise both a fixed and a variableelement. The variable consideration may take various forms, most commonly the variabilitymay relate to an agreed IRR for the sold project or an earn-out or production guarantee linkedto future production. Additionally, the variable consideration may relate to various milestonesfor construction progress, completion, project economy or similar. The milestones may tosome extent depend on external conditions, like weather, local authorities, etc. , which createsan inherit uncertainty in the estimates. To the extent possible we use external or historical datato support our estimates, or other factors considered relevant. The uncertainty about measurement relates essentially to this variable consideration andallocation of revenue between different performance obligations. This measurement requiresManagement judgement applying assumptions and estimates. Business combinationIn applying the acquisition method of accounting, estimates are an integral part of assessingfair values of identifiable assets acquired and liabilities assumed, as observable market pricesare typically not available. The purchase price of property, plant and equipment includes estimates on future capacity ofgenerating cash flow by the wind and solar farms. Valuation techniques where estimates are applied typically relate to determining the presentvalue of future uncertain cash flows or assessing other events in which the outcome is uncertainat the date of acquisition. More significant estimates are typically applied in accounting for property, plant andequipment, customer relationships, trade receivables, deferred tax, debt and contingentliabilities. As a result of the uncertainties inherent in fair value estimation, measurement periodadjustments may be applied. InventoriesInventories, comprising projects under development, under construction and completedprojects are initially measured at cost. An impairment test is performed on the carrying amount. The impairment test is based on assumptions regarding strategy, market conditions, discountrates and budgets etc. , after the project has been completed and production commenced. Ifmarket-related assumptions etc. are changed, projects may have to be written down. Management examines and assesses the underlying assumptions when determining whetherthe carrying amount should be written down.

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:The Executive Board has today discussed and approved the annual report of KEA Holding IApS for the financial year 1 January – 31 December 2022.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:The Company’s Main ActivitiesThe main focus of the KEA Holding I Group is developing and constructing wind turbinesand solar parks. Another focus of the Group is purchasing existing renewable energy parksand the financing of these for either disposal or operation.