CARLSBERG A/S financials

CARLSBERG A/S

Country: DK Reporting currency: DKK Latest annual report: 2025-12-31

LEI: 5299001O0WJQYB5GYZ19

Financial statements (DKK, as reported — unscaled; 106 line items across 2 annual periods)

Line item	2025	2024
Income statement
Revenue	DKK 89.09B	DKK 75.01B
Cost of sales	DKK 48.86B	DKK 40.63B
Gross profit	DKK 40.24B	DKK 34.38B
Administrative expenses	DKK 4.96B	DKK 4.38B
Finance costs	DKK 3.52B	DKK 1.86B
Profit before tax	DKK 9.05B	DKK 9.99B
Income tax expense	DKK 2.07B	DKK 1.98B
Profit for the year	DKK 6.98B	DKK 10.26B
— attributable to owners	DKK 5.96B	DKK 9.12B
— attributable to NCI	DKK 1.02B	DKK 1.15B
Total comprehensive income	DKK 4.20B	DKK 13.51B
Per share
Basic EPS	DKK 45.10	DKK 68.70
Diluted EPS	DKK 44.90	DKK 68.60
Free cash flow / share	DKK 48.30	DKK 44.41
Cash flow statement
Net cash from operating activities	DKK 12.43B	DKK 11.31B
Income taxes paid	DKK 2.51B	DKK 2.34B
Net cash from investing activities	-DKK 34.10B	-DKK 1.52B
Purchase of PP&E (capex)	DKK 4.92B	DKK 4.67B
Purchase of intangibles	DKK 668.0M	DKK 362.0M
Net cash from financing activities	DKK 20.31B	-DKK 13.94B
Dividends paid	DKK 4.39B	DKK 4.98B
Net change in cash	-DKK 1.36B	-DKK 1.88B
Balance sheet
Total assets	DKK 153.96B	DKK 113.99B
Non-current assets	DKK 124.71B	DKK 87.64B
Property, plant & equipment	DKK 32.78B	DKK 27.05B
Intangible assets & goodwill	DKK 83.23B	DKK 53.18B
Current assets	DKK 29.25B	DKK 26.35B
Inventories	DKK 7.11B	DKK 5.95B
Trade & other receivables	DKK 7.71B	DKK 4.94B
Cash & equivalents	DKK 9.59B	DKK 11.54B
Total equity	DKK 30.68B	DKK 30.61B
— attributable to owners	DKK 27.80B	DKK 27.77B
Non-controlling interests	DKK 2.87B	DKK 2.84B
Non-current liabilities	DKK 74.73B	DKK 37.36B
Long-term borrowings	DKK 61.45B	DKK 27.39B
Current liabilities	DKK 48.55B	DKK 46.02B
Short-term borrowings	DKK 9.17B	DKK 10.75B
Deferred tax liabilities	DKK 8.68B	DKK 5.08B
Derived metrics
Free cash flow	DKK 7.51B	DKK 6.64B
Net margin	7.8%	13.7%
Return on equity	22.7%	33.5%
Cash conversion ratio	1.78×	1.10×
Capex coverage	2.52×	2.42×
Other reported items
Adjustments For Depreciation and Amortisation Expense and Impairment Loss Reversal of Impairment Loss Recognised In Profit Or Loss	DKK 5.43B	DKK 4.37B
Basic Earnings Loss Per Share From Continuing Operations	DKK 45.10	DKK 51.70
Basic Earnings Loss Per Share From Discontinued Operations	DKK 0.00	DKK 17.00
Cancellation of Treasury Shares	DKK 0	DKK 0
Cash and Cash Equivalents If Different From Statement of Financial Position	DKK 9.55B	DKK 11.51B
Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities	DKK 0	-DKK 27.0M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities	DKK 29.42B	-DKK 254.0M
Changes In Equity	DKK 64.0M	DKK 4.86B
Comprehensive Income Attributable To Noncontrolling Interests	DKK 756.0M	DKK 2.14B
Comprehensive Income Attributable To Owners of Parent	DKK 3.45B	DKK 11.38B
Comprehensive Income From Continuing Operations	DKK 4.20B	DKK 11.26B
Comprehensive Income From Discontinued Operations	DKK 0	DKK 2.26B
Current Prepayments	DKK 1.47B	DKK 1.19B
Current Tax Assets Current	DKK 386.0M	DKK 410.0M
Current Tax Liabilities Current	DKK 1.39B	DKK 1.20B
Deferred Tax Assets	DKK 2.51B	DKK 2.06B
Diluted Earnings Loss Per Share From Continuing Operations	DKK 44.90	DKK 51.60
Diluted Earnings Loss Per Share From Discontinued Operations	DKK 0.00	DKK 17.00
Dividends Paid To Equity Holders of Parent Classified As Financing Activities	DKK 3.57B	DKK 3.60B
Dividends Paid To Noncontrolling Interests Classified As Financing Activities	DKK 864.0M	DKK 6.46B
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners	DKK 3.85B	DKK 3.63B
Dividends Proposed Or Declared Before Financial Statements Authorised For Issue But Not Recognised As Distribution To Owners Per Share	DKK 29.00	DKK 27.00
Dividends Received Classified As Investing Activities	DKK 612.0M	DKK 792.0M
Effect of Exchange Rate Changes On Cash and Cash Equivalents	-DKK 602.0M	DKK 11.0M
Equity and Liabilities	DKK 153.96B	DKK 113.99B
Finance Income	DKK 1.14B	DKK 959.0M
Income Tax Relating To Components of Other Comprehensive Income That Will Be Reclassified To Profit Or Loss	DKK 29.0M	-DKK 30.0M
Income Tax Relating To Components of Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss	DKK 48.0M	-DKK 13.0M
Increase Decrease Through Changes In Ownership Interests In Subsidiaries That Do Not Result In Loss of Control	DKK 128.0M	-DKK 1.81B
Increase Decrease Through Sharebased Payment Transactions	DKK 128.0M	DKK 100.0M
Interest Paid Classified As Operating Activities	DKK 1.67B	DKK 1.09B
Interest Received Classified As Operating Activities	DKK 341.0M	DKK 456.0M
Investments In Associates Accounted For Using Equity Method	DKK 4.33B	DKK 4.55B
Issued Capital	DKK 2.65B	DKK 2.69B
Liabilities	DKK 123.28B	DKK 83.38B
Noncurrent Provisions For Employee Benefits	DKK 1.30B	DKK 1.30B
Noncurrent Receivables	DKK 860.0M	DKK 814.0M
Noncurrent Recognised Assets Defined Benefit Plan	DKK 999.0M	DKK 0
Other Adjustments For Noncash Items	-DKK 572.0M	-DKK 635.0M
Other Comprehensive Income	-DKK 2.78B	DKK 3.25B
Other Comprehensive Income Before Tax Cash Flow Hedges	DKK 291.0M	DKK 2.0M
Other Comprehensive Income Before Tax Exchange Differences On Translation	-DKK 3.25B	DKK 874.0M
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans	DKK 234.0M	-DKK 96.0M
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax	-DKK 2.96B	DKK 3.33B
Other Comprehensive Income That Will Not Be Reclassified To Profit Or Loss Net of Tax	DKK 186.0M	-DKK 83.0M
Other Current Liabilities	DKK 8.18B	DKK 8.10B
Other Current Receivables	DKK 2.99B	DKK 2.26B
Other Longterm Provisions	DKK 1.86B	DKK 2.08B
Other Noncurrent Liabilities	DKK 1.45B	DKK 1.50B
Other Operating Income Expense	DKK 549.0M	DKK 38.0M
Other Reserves	-DKK 3.19B	-DKK 496.0M
Other Shortterm Provisions	DKK 1.23B	DKK 950.0M
Par Value Per Share	DKK 20.00	—
Payments To Acquire Or Redeem Entitys Shares	DKK 0	DKK 1.96B
Proceeds From Sales of Interests In Associates	DKK 183.0M	DKK 0
Profit Loss From Continuing Operations	DKK 6.98B	DKK 8.01B
Profit Loss From Discontinued Operations	DKK 0	DKK 2.26B
Purchase of Interests In Associates	DKK 15.0M	DKK 161.0M
Purchase of Treasury Shares	DKK 4.0M	DKK 1.96B
Retained Earnings	DKK 28.34B	DKK 25.58B
Share of Profit Loss of Associates Accounted For Using Equity Method	DKK 660.0M	DKK 616.0M
Shortterm Deposits Classified As Cash Equivalents	DKK 0	DKK 59.0M
Trade and Other Current Payables To Trade Suppliers	DKK 26.88B	DKK 23.30B

Methodology

Every line item above is a fact tagged in CARLSBERG A/S's annual report filed in the European Single Electronic Format (ESEF) under the IFRS taxonomy (ifrs-full) — the income statement, balance sheet and cash-flow statement as the filer reported them. Values are shown as-is, in the reporting currency (DKK), without rescaling; the row labels map to the underlying concept name (e.g. Revenue → ifrs-full:Revenue, Operating profit → ifrs-full:ProfitLossFromOperatingActivities, Diluted EPS → ifrs-full:DilutedEarningsLossPerShare), and any concept without a curated label is shown under “Other reported items” with its de-camel-cased tag name. Only consolidated, default-member facts are shown (segment / dimensional breakdowns are excluded).

“Derived metrics” (free cash flow, margins, ROE, …) are computed from those facts by the same model the U.S. financials pages use — not tagged by the filer.

Source: machine-readable OIM xBRL-JSON aggregated by filings.xbrl.org (XBRL International). Entity identity is resolved by LEI via the public-domain GLEIF register. This is reference data, not investment advice.