Oravel Vacation Homes Denmark ApS - CVR: 40989714

2022, DKK

31.10.2023

Bruttoresultat

-623'

Primær drift

Na.

Årets resultat

-34.244'

Aktiver

619''

Kortfristede aktiver

13.289'

Egenkapital

121''

Afkastningsgrad

0 %

Soliditetsgrad

20 %

Likviditetsgrad

262 %

Resultat

31.10.2023

Årsrapport	2022 31.10.2023	2021 12.10.2022	2019 04.10.2021
Nettoomsætning	0		0
Bruttoresultat	-623.000	-788.000	-199.000
Resultat af primær drift	0	0	-199.000
Indtægter af kapitalandele (tilknyttede og associerede)	0	0	0
Finansielle indtægter	0	8.024.000	2.189.000
Finansieringsomkostninger	-25.141.000	-24.240.000	-30.069.000
Andre finansielle omkostninger	0	0	0
Resultat før skat	-39.910.000	-5.780.000	-72.519.000
Resultat	-34.244.000	-2.106.000	-66.329.000
Forslag til udbytte	0	-38.000.000	0

Aktiver

31.10.2023

Årsrapport	2022 31.10.2023	2021 12.10.2022	2019 04.10.2021
Kortfristede varebeholdninger	0	0	0
Kortfristede tilgodehavender fra salg og tjenesteydelser	12.982.000	28.744.000	9.456.000
Likvider	307.000	159.396.000	0
Kortfristede aktiver	13.289.000	188.140.000	9.456.000
Immaterielle aktiver og goodwill	0	0	0
Finansielle anlægsaktiver	605.907.000	670.052.000	823.748.000
Materielle aktiver	0	0	0
Langfristede aktiver	605.907.000	670.052.000	823.748.000
Aktiver	619.196.000	858.192.000	833.204.000

Aktiver

31.10.2023

Passiver

31.10.2023

Årsrapport	2022 31.10.2023	2021 12.10.2022	2019 04.10.2021
Forslag til udbytte	0	38.000.000	0
Egenkapital	120.906.000	193.305.000	353.610.000
Hensatte forpligtelser	0	0	0
Langfristet gæld til banker	0	0	0
Anden langfristet gæld	0	0	0
Leverandører af varer og tjenesteydelser	0	0	11.000
Kortfristede forpligtelser	5.074.000	195.781.000	3.481.000
Gældsforpligtelser	0	664.887.000	0
Forpligtelser	0	664.887.000	0
Passiver	619.196.000	858.192.000	833.204.000

Passiver

31.10.2023

Nøgletal

31.10.2023

Årsrapport	2022 31.10.2023	2021 12.10.2022	2019 04.10.2021
Afkastningsgrad	Na.	Na.	0,0 %
Dækningsgrad	Na.	Na.	Na.
Resultatgrad	Na.	Na.	Na.
Varelagerets omsætningshastighed	Na.	Na.	Na.
Egenkapitals-forretning	-28,3 %	-1,1 %	-18,8 %
Payout-ratio	Na.	-1.804,4 %	Na.
Gældsdæknings-nøgletal	Na.	Na.	-0,7 %
Soliditestgrad	19,5 %	22,5 %	42,4 %
Likviditetsgrad	261,9 %	96,1 %	271,6 %

Resultat

31.10.2023

Gæld

31.10.2023

Årsrapport

31.10.2023

Nyeste:01.04.2022- 31.03.2023(offentliggjort: 31.10.2023)

Oplysning om pantsætninger og sikkerhedsstillelser:Mortgages and collateralDKK´0002022/232021/22The following assets have been pledged as securityCash00DKK 995 thousand has been pledged as the security for corporate office of Dancenter A/S in Copenhagen. The company has also deposited DKK 22,500 thousand with the bank as restricted cash balance for deferred consideration payable for acquisition of Bornholmske Feriehuse ApS as per SPA.

Beretning

31.10.2023

Dato for ledelsens godkendelse af årsrapporten:2023-10-30

Ledelsespåtegning:Ledelsespåtegning

Statement by Management on the annual report

Identifikation af den godkendte årsrapport:The Executive Board has today discussed and approved the annual report of Oravel Vacation Homes Denmark ApS for the financial year 1 April 2022 – 31 March 2023.

Management's review

Beskrivelse af virksomhedens væsentligste aktiviteter:Principal activitiesIn December 2019 Oravel Vacation Homes Denmark ApS was incorporated and became the holding company for the previous DanCenter group. All 100% shares in DanCenter A/S were acquired in December 2019 via a loan and a contribution from the earlier parent company to DanCenter A/S in Netherlands. The total cost price including value of contribution was DKK 868. 2 million. The group was expanded with a holding company on top of the operational entities where DanCenter now no longer serve as both the primary operational company and financial holding company. The Group’s principal activities comprise arranging vacation rental of private holiday accommodation in Scandinavia and, to a lesser extent, in Germany. Dancenter A/S (the purchaser), subsidiary of Oravel Vacation Homes Denmark ApS, has acquired 100% of shares in Bornholmske Feriehuse ApS (the Target) for an initial consideration of DKK 40. 3 million, deferred consideration of DKK 22. 5 million (present value DKK 20. 5 million), earn-out consideration of DKK 34. 2 million (present value DKK 30. 4 million) subject to fulfilment of conditions set-out in duly executed sale & purchase agreement. The transaction was closed on 25 July 2022 with a total consideration of DKK 91 million. Acquisitions has been accounted for by applying the purchase accounting method, which requires recognition of goodwill, the identifiable assets acquired, the liabilities assumed and any non-controlling interest in the acquiree. Purchase price is allocated as per fair value of the assets and liabilities. The entity has also recorded a goodwill amounting to DKK 44. 6 million at the time of acquisition of Bornholmske Feriehuse ApS. The group is one of Denmark’s leading intermediaries of vacation rental with approx. 12,300 holiday homes for rent in Denmark, Sweden, Norway and Germany which makes the Company one of the largest intermediaries on a European scale. Four main brands are operated by the group: DanCenter, Danland, Admiral Strand Feriehuse and Bornholmske Feriehuse. The DanCenter brand comprises approx 9,400 holiday homes, of which two thirds are located in Denmark and the remaining homes are in Norway, Sweden and Germany. The holiday homes are privately owned holiday homes in the form of cottages. The Danland brand comprises approx. 1,400 holiday homes that are all located in Denmark. The holiday homes are privately owned holiday flats located in holiday centres with varying shared facilities. Admiral Strand Feriehuse brand comprises approx. 700 holiday homes that are all located in Denmark. The Bornholmske Feriehuse brand comprises approx. 700 holiday homes that are all located in Denmark. The holiday homes are privately owned holiday flats located in holiday centres with varying shared facilities. The group’s primary source markets are Denmark, Germany, the Netherlands, Norway and Sweden with Germany being the largest rental market.