Papirfabrikken Invest Income Statement

Financials in millions DKK. Fiscal year is January - December.

Millions DKK. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	74.65	139.62	172.64	94.63	87.29
Other Revenue	0.6	-	-	-	-
Revenue	75.25	139.62	172.64	94.63	87.29
Revenue Growth (YoY)	-46.11%	-19.12%	82.43%	8.41%	-14.98%
Cost of Revenue	26.09	52.94	55.9	40.25	35.75
Gross Profit	49.16	86.69	116.74	54.38	51.55
Selling, General & Admin	25.02	61.54	64.48	45.9	42.76
Other Operating Expenses	-	-37.43	-42.92	-6.27	-26.94
Operating Expenses	27.57	34.21	31.53	48.11	24.47
Operating Income	21.59	52.48	85.2	6.27	27.08
Interest Expense	-15.46	-13.87	-11.88	-6.21	-8.55
Interest & Investment Income	-	1.81	0.06	0.02	0.06
Earnings From Equity Investments	-0.1	-	-	-	-
Other Non Operating Income (Expenses)	1.26	-0.59	-0.57	-0.24	-0.22
EBT Excluding Unusual Items	7.28	39.82	72.82	-0.15	18.38
Asset Writedown	-0.71	1.31	1.86	5.11	4.78
Other Unusual Items	-	0.83	31.72	8.89	5.38
Pretax Income	6.58	41.95	106.39	13.85	28.54
Income Tax Expense	1.81	9.13	23.48	3.29	6
Earnings From Continuing Operations	4.76	32.82	82.91	10.56	22.54
Earnings From Discontinued Operations	139.26	-	-	-	-
Net Income	144.03	32.82	82.91	10.56	22.54
Net Income to Common	144.03	32.82	82.91	10.56	22.54
Net Income Growth	338.78%	-60.41%	685.07%	-53.15%	118.20%
Shares Outstanding (Basic)	-	10	10	10	10
Shares Outstanding (Diluted)	-	10	10	10	10
EPS (Basic)	-	3.32	8.37	1.07	2.28
EPS (Diluted)	-	3.31	8.37	1.07	2.28
EPS Growth	-	-60.41%	685.02%	-53.15%	118.27%
Free Cash Flow	-71	-6.09	7.76	9.05	9.6
Free Cash Flow Per Share	-	-0.61	0.78	0.91	0.97
Gross Margin	65.33%	62.09%	67.62%	57.46%	59.05%
Operating Margin	28.69%	37.58%	49.35%	6.62%	31.02%
Profit Margin	191.40%	23.51%	48.03%	11.16%	25.82%
Free Cash Flow Margin	-94.35%	-4.36%	4.50%	9.56%	11.00%
EBITDA	24.15	65.73	95.88	15.82	36.6
EBITDA Margin	32.09%	47.08%	55.54%	16.71%	41.93%
D&A For EBITDA	2.56	13.26	10.67	9.55	9.52
EBIT	21.59	52.48	85.2	6.27	27.08
EBIT Margin	28.69%	37.58%	49.35%	6.62%	31.02%
Effective Tax Rate	27.57%	21.76%	22.07%	23.76%	21.01%

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.