Press the button and be introduced to a new random company!

Introduce me >

Social media

facebook   Follow us on Twitter

Coverage

North Media

North Media

Send subscription Close

Financials

DKKm 2024 2025e 2026e
Sales 1301 1311 1285
Sales growth (%) 37,1 0,8 -2
EBITDA 154 113 156
EBITDA margin (%) 11,8 8,6 12,1
EBIT adj. 80 57 106
EBIT adj. margin (%) 6,2 4,4 8,2
Pretax profit 136 -15 153
EPS 3,34 -0,66 6,61
EPS growth (%) -76,2 -119,8 -1100,6
EPS adj. 1,53 2,29 4,52
DPS 0 3 4
EV/EBITDA (x) -0,5 -0,6 -0,9
EV/EBIT adj. (x) -0,9 -1,2 -1,3
P/E (x) 11,2 N/A 5,7
P/E adj. (x) 24,4 16,4 8,3
EV/sales (x) -0,06 -0,05 -0,11
FCF yield (%) -6,7 8,3 11,1
Le. adj. FCF yld. (%) -6,7 8,3 11,1
Dividend yield (%) 0 8 10,7
Net IB debt/EBITDA (x) -4,9 -6,5 -5,2
Le. adj. ND/EBITDA (x) -5,2 -7 -5,5
DKKm 2024 2025e 2026e
Sales 1301 1311 1285
COGS -677 -689 -663
Gross profit 625 622 621
Other operating items -471 -509 -465
EBITDA 154 113 156
Depreciation and amortisation -73 -56 -50
of which leasing depreciation 0 0 0
EBITA 80 57 106
EO Items 0 0 0
Impairment and PPA amortisation -155 0 0
EBIT -75 57 106
Net financial items -6 -6 -4
Pretax profit 136 -15 153
Tax -63 3 -33
Net profit 73 -12 120
Minority interest 0 0 0
Net profit discontinued -11 0 0
Net profit to shareholders 62 -12 120
EPS 3,34 -0,66 6,61
EPS adj. 1,53 2,29 4,52
Total extraordinary items after tax 116 -53 38
Leasing payments 0 0 0
Tax rate (%) 46,6 21,8 21,8
Gross margin (%) 48 47,4 48,4
EBITDA margin (%) 11,8 8,6 12,1
EBITA margin (%) 6,2 4,4 8,2
EBIT margin (%) -5,8 4,4 8,2
Pre-tax margin (%) 10,4 -1,2 11,9
Net margin (%) 5,6 -0,9 9,3
Sales growth (%) 37,1 0,8 -2
EBITDA growth (%) -13,2 -26,2 37,7
EBITA growth (%) -46,6 -28,4 84,1
EBIT growth (%) -150 -176,6 84,1
Net profit growth (%) -72,6 -116,5 -1100,6
EPS growth (%) -76,2 -119,8 -1100,6
Profitability N/A N/A N/A
ROE (%) 5,4 -1,1 10,4
ROE adj. (%) 8,7 3,7 7,1
ROCE (%) 10,9 -0,6 12,3
ROCE adj. (%) 6,1 4,7 8,6
ROIC (%) 9,3 11,5 21,9
ROIC adj. (%) 9,3 11,5 21,9
Adj. earnings numbers N/A N/A N/A
EBITDA adj. 154 113 156
EBITDA adj. margin (%) 11,8 8,6 12,1
EBITDA lease adj. 154 113 156
EBITDA lease adj. margin (%) 11,8 8,6 12,1
EBITA adj. 80 57 106
EBITA adj. margin (%) 6,2 4,4 8,2
EBIT adj. 80 57 106
EBIT adj. margin (%) 6,2 4,4 8,2
Pretax profit Adj. 73 53 105
Net profit Adj. 111 41 82
Net profit to shareholders adj. 101 41 82
Net adj. margin (%) 8,6 3,2 6,4
DKKm 2024 2025e 2026e
EBITDA 154 113 156
Goodwill 41 41 41
Net financial items -6 -6 -4
Other intangible assets 114 114 112
Paid tax -83 -17 -33
Tangible fixed assets 342 316 305
Non-cash items -32 0 0
Right-of-use asset 0 0 0
Cash flow before change in WC 32 91 119
Total other fixed assets 21 22 23
Change in working capital -16 -5 -5
Fixed assets 518 492 482
Operating cash flow 16 86 114
Inventories 9 8 8
Capex tangible fixed assets -46 -44 -35
Receivables 119 117 115
Capex intangible fixed assets -3 -5 -4
Other current assets 1 1 1
Acquisitions and Disposals -13 20 0
Cash and liquid assets 893 874 935
Free cash flow -47 56 75
Total assets 1540 1492 1541
Dividend paid -72 0 -54
Shareholders equity 1146 1114 1179
Share issues and buybacks 2 0 0
Minority 0 0 0
Total equity 1146 1114 1179
Leasing liability amortisation 0 0 0
Long-term debt 99 90 82
Other non-cash items 235 -68 50
Pension debt 0 0 0
Convertible debt 0 0 0
Leasing liability 53 53 53
Total other long-term liabilities 31 31 31
Short-term debt 5 5 5
Accounts payable 97 96 94
Other current liabilities 110 104 98
Total liabilities and equity 1540 1492 1541
Net IB debt -746 -735 -805
Net IB debt excl. pension debt -746 -735 -805
Net IB debt excl. leasing -799 -787 -858
Capital employed 1303 1262 1319
Capital invested 400 379 374
Working capital -79 -73 -68
Market cap. diluted (m) 684 677 677
Net IB debt adj. -746 -735 -805
Market value of minority 0 0 0
Reversal of shares and participations -12 -12 -14
Reversal of conv. debt assumed equity N/A N/A N/A
EV -73 -70 -142
Total assets turnover (%) 82,6 86,5 84,7
Working capital/sales (%) -7,2 -5,8 -5,5
Financial risk and debt service N/A N/A N/A
Net debt/equity (%) -65,1 -66 -68,3
Net debt / market cap (%) -110,2 -108,5 -118,9
Equity ratio (%) 74,5 74,7 76,5
Net IB debt adj. / equity (%) -65,1 -66 -68,3
Current ratio 4,83 4,88 5,38
EBITDA/net interest 20,2 14,8 27,8
Net IB debt/EBITDA (x) -4,9 -6,5 -5,2
Net IB debt/EBITDA lease adj. (x) -5,2 -7 -5,5
Interest coverage 10,5 7,5 18,7
DKKm 2024 2025e 2026e
Shares outstanding adj. 18 18 18
Diluted shares adj. 18 18 18
EPS 3,34 -0,66 6,61
Dividend per share 0 3 4
EPS adj. 1,53 2,29 4,52
BVPS 61,96 61,55 65,16
BVPS adj. 53,57 53,02 56,69
Net IB debt/share -40,32 -40,59 -44,49
Share price 37,4 37,4 37,4
Market cap. (m) 677 677 677
P/E (x) 11,2 N/A 5,7
EV/sales (x) -0,06 -0,05 -0,11
EV/EBITDA (x) -0,5 -0,6 -0,9
EV/EBITA (x) -0,9 -1,2 -1,3
EV/EBIT (x) 1 -1,2 -1,3
Dividend yield (%) 0 8 10,7
FCF yield (%) -6,7 8,3 11,1
Le. adj. FCF yld. (%) -6,7 8,3 11,1
P/BVPS (x) 0,6 0,61 0,57
P/BVPS adj. (x) 0,62 0,64 0,6
P/E adj. (x) 24,4 16,4 8,3
EV/EBITDA adj. (x) -0,5 -0,6 -0,9
EV/EBITA adj. (x) -0,9 -1,2 -1,3
EV/EBIT adj. (x) -0,9 -1,2 -1,3
EV/CE (x) -0,1 -0,1 -0,1
Investment ratios N/A N/A N/A
Capex/sales (%) 3,8 3,8 3
Capex/depreciation 0,7 0,9 0,8
Capex tangibles / tangible fixed assets 13,3 14 11,4
Capex intangibles / definite intangibles 27,1 37,2 29,1
Depreciation on intang / def. intang 180 42 38
Depreciation on tangibles / tangibles 14,78 15,91 14,84

Key Figure Counter

It is not always easy to generate comparative valuations. Therefore, in order to make it easier for you as an investor, we have created this key figure calculator. Enter share price in the field below and then select the year in which you want to retrieve the financial data.

Update

P/E

Learn more

A common valuation multiple, the share price is divided by earnings per share.

P/E ratio stands for Price and Earnings. By dividing a company's market cap to its earnings, investors get a key ratio which they are able to compare between different companies. The ratio can either be calculated on historical or forward-looking numbers. 

It is important to notice that earnings are calculated after taxes, which mean that they can vary between companies due to different accounting standards.

5,7

EV/EBIT

Learn more

EV stands for Enterprise Value and is calculated as a company's markets cap in addition to its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. 

EBIT is the Earnings Before Interest and Taxes which is the operating income. This result, in comparison to the P/E ratio, is not affected by any financial items.

(
)
- 1,2

EV/Sales

Learn more

EV stands for Enterprise Value and is calculated as a company's market cap adjusted for its net debt. The net debt itself is computed through the company's interest-bearing debt minus total cash and cash equivalents. S is the company's total sales.

(
)
- 0,1

P/BVPS

Learn more

P/B stands for Price to Book, which is used to compare a share's market cap to its book value. A P/B ratio that is below one is considered to be valued below its assets.

Companies with high return on equity are usually associated with high P/B ratios, and vice versa. 

 

(
)
0,6