Svanehøj Group A/S - CVR: 39962349

2023, DKK

28.06.2024

Bruttoresultat

16.889'

Primær drift

-6.595'

Årets resultat

84.021'

Aktiver

594''

Kortfristede aktiver

135''

Egenkapital

457''

Afkastningsgrad

-1 %

Soliditetsgrad

77 %

Likviditetsgrad

98 %

Resultat

28.06.2024

Årsrapport	2023 28.06.2024	2022 19.06.2023	2021 07.06.2022
Nettoomsætning	16.889.000	13.200.000	15.000.000
Bruttoresultat	16.889.000	12.871.000	15.000.000
Resultat af primær drift	-6.595.000	-5.625.000	683.000
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0
Finansielle indtægter	83.000	0	91.000
Finansieringsomkostninger	0	0	0
Andre finansielle omkostninger	-2.580.000	-3.413.000	-528.000
Resultat før skat	82.288.000	-6.251.000	22.927.000
Resultat	84.021.000	-4.284.000	22.893.000
Forslag til udbytte	0	0	0

Aktiver

28.06.2024

Årsrapport	2023 28.06.2024	2022 19.06.2023	2021 07.06.2022
Kortfristede varebeholdninger	247.424.000	196.451.000	156.226.000
Kortfristede tilgodehavender fra salg og tjenesteydelser	134.469.000	139.316.000	171.513.000
Likvider	401.000	904.000	441.000
Kortfristede aktiver	134.870.000	140.220.000	171.954.000
Immaterielle aktiver og goodwill	192.000	521.000	850.000
Finansielle anlægsaktiver	458.766.000	361.953.000	353.827.000
Materielle aktiver	71.299.000	61.557.000	0
Langfristede aktiver	458.958.000	362.474.000	354.677.000
Aktiver	593.828.000	502.694.000	526.631.000

Aktiver

28.06.2024

Passiver

28.06.2024

Årsrapport	2023 28.06.2024	2022 19.06.2023	2021 07.06.2022
Forslag til udbytte	0	0	0
Egenkapital	456.848.000	367.477.000	366.422.000
Hensatte forpligtelser	42.000	107.000	174.000
Langfristet gæld til banker	0	44.478.000	89.193.000
Anden langfristet gæld	0	0	0
Leverandører af varer og tjenesteydelser	107.089.000	109.342.000	73.321.000
Kortfristede forpligtelser	136.938.000	90.632.000	70.842.000
Gældsforpligtelser	136.938.000	135.110.000	160.035.000
Forpligtelser	136.938.000	135.110.000	160.035.000
Passiver	593.828.000	502.694.000	526.631.000

Passiver

28.06.2024

Nøgletal

28.06.2024

Årsrapport	2023 28.06.2024	2022 19.06.2023	2021 07.06.2022
Afkastningsgrad	-1,1 %	-1,1 %	0,1 %
Dækningsgrad	100,0 %	97,5 %	100,0 %
Resultatgrad	497,5 %	-32,5 %	152,6 %
Varelagerets omsætningshastighed	0,1	0,1	0,1
Egenkapitals-forretning	18,4 %	-1,2 %	6,2 %
Payout-ratio	Na.	Na.	Na.
Gældsdæknings-nøgletal	Na.	Na.	Na.
Soliditestgrad	76,9 %	73,1 %	69,6 %
Likviditetsgrad	98,5 %	154,7 %	242,7 %

Resultat

28.06.2024

Gæld

28.06.2024

Årsrapport

28.06.2024

Nyeste:01.01.2023- 31.12.2023(offentliggjort: 28.06.2024)

Oplysning om pantsætninger og sikkerhedsstillelser:14 Assets charged and collateralThe shares in Svanehøj Holding A/S have been pledged as security for all bank debt to Sydbank. Bank loans of Svanehøj Group A/S amount to DKK 45.000k and the share in Svanehøj Holding A/S amount to DKK 457.351k.Collateral provided for group enterprisesFor the financial period ending 31 December 2022 Svanehøj Group A/S agreed to guarantee all outstanding liabilities to which its subsidiary undertaking, Hamworthy Pumps Limited (the "Subsidiary") is subject to at the end of the financial year. This entitled the Subsidiary to exemption from audit under section 479A of the Companies Act 2006 relating to subsidiary companies. The Company has provided guarantee to Svanehøj Danmark A/S for all bank debt to Sydbank. Bank loans of Svanehøj Danmark A/S amount to DKK 2,495k at 31 December 2022.

Beretning

28.06.2024

Dato for ledelsens godkendelse af årsrapporten:2023-06-14

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:The Board of Directors and the Executive Board have today considered and approved the annual report of Svanehøj Group A/S for the financial year 01. 01. 2022 - 31. 12. 2022.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Primary activitiesSvanehøj Group A/S (“Svanehøj Group”, the “Group”, or the “Company”) is headquartered in Ålborg, Denmark, and consists of two independent business entities, Svanehøj Danmark, and Hamworthy Pumps The Group designs and manufactures market-leading renewable ready pump solutions, facilitating the usage of cleaner energy sources in the hard-to-abate sectors. Svanehøj Group has a long and rich history and has been in the marine market for over 100 years. Its brands include Svanehøj, Hamworthy Pumps, Eureka, Dolphin, and Whessø, with leading products used in mission- critical applications, in which safety, operational performance, and fast aftermarket service response times and spare parts are critical. The Group’s activities are primarily carried out by its subsidiaries Svanehøj Danmark A/S and Hamworthy Pumps Singapore PTE ltd. These are directed from the HQ in Ålborg (Denmark) and the main sites in Singapore, Kobe ( Japan), Poole and Newcastle (UK), Suzhou (China), Frederikshavn (Denmark), and Calais (France), supported by sales representation across all major markets. Svanehøj Denmark Svanehøj Denmark is a leading global specialist in the liquid energy market and continuously invests in its product portfolio and service concepts. Firmly placed at the forefront of innovation, the Group is set to beneﬁt from several growth drivers including the green energy transition and the increase in the international gas trade. Svanehøj Denmark’s future-proof fuel pump systems epitomise its cutting edge technological capabilities and are fully compatible with LNG, bio-LNG, LPG, and PtX fuels such as green ammonia, methanol, and hydrogen. Additionally, Svanehøj Denmark's cargo pumps for liquified gas are designed for power-to-x fuels and are already used for ammonia and liquid CO2, making it well positioned for the emerging carbon capture & storage market with orders received already in 2022. The acquisition of Wartsila Tank Control Systems, historically known as Whessø, in 2022, has further strengthened the business, providing highly specialised competencies within the production, sales, and service of cryogenic tank gauging systems and hydraulic safety valve systems. This also affords attractive opportunities in the unexploited land-based segment for high-end liqueﬁed gas handling equipment and aftermarket activities. Liquiﬁed gas is set to become a significant driving force in the green transition, and the acquisition strongly complements Svanehøj Denmark’s activities and ambition to facilitate the transition to cleaner energy sources. During 2022, Svanehøj Denmark conducted a product impact assessment of its decarbonisation contribution in the maritime sector, concluding that vessels equipped with Svanehøj Denmark’s fuel pump systems, delivered in 2022 alone, are expected to help our customers in preventing 38. 8m tons of CO2 emissions over their 25-year lifespan. To put this into perspective, Svanehøj Denmark estimates that installing a liquid gas fuel pump system to run a vessel on LNG instead of heavy fuel oil will deliver CO2 emissions reduction equivalent to 601,550 average-sized petrol cars in Denmark, driving an average of 20,000 km per year for 25 years. Further detailed information can be found in Svanehøj Denmark’s ESG report at svanehoj. com/esg. Hamworthy Pumps With over 100 years’ market experience, Hamworthy Pumps is renowned for its high-quality systems for mission critical pump solutions and comprehensive aftermarket offering to its large installed base. The rebound in global shipping and increased activity in the energy sector plays to Hamworthy Pumps’ strengths; products include a wide range of ﬁre water pump packages, seawater lift pumps, cargo offloading pumps, engine room systems, pump room systems, and auxiliary pumps. Hamworthy Pumps is a long-established supplier to several western navies, offering highly specialised pump solutions, with significant installed base across navy vessels in the UK, USA, Canada, and the Netherlands, among others.