KALUNDBORG REFINERY A/S financials

KALUNDBORG REFINERY A/S

Country: DK Reporting currency: EUR Latest annual report: 2025-12-31
LEI: 549300YIJM9VD9LZGT84
Source filing ↗
Financial statements (EUR, as reported — unscaled; 83 line items across 2 annual periods)
Line item 20252024
Income statement
Revenue €3.43B€3.75B
Cost of sales -€1.3M€1.6M
Gross profit €125.9M€105.5M
Other income €18.0M€40.3M
Employee benefits expense €49.9M€48.3M
Raw materials & consumables used €3.14B€3.46B
Depreciation & amortisation €51.4M€45.6M
Net finance income / (cost) -€7.8M€11.9M
Finance costs €16.8M€12.6M
Profit before tax €16.7M€23.6M
Income tax expense €5.1M€5.8M
Profit for the year €11.6M€17.8M
Total comprehensive income €16.6M€17.8M
Cash flow statement
Cash generated from operations €92.9M€62.0M
Net cash from operating activities €85.0M€14.8M
Income taxes paid €11.6M€51.9M
Net cash from investing activities -€10.3M-€41.9M
Purchase of PP&E (capex) €18.3M€57.2M
Net cash from financing activities -€45.7M€37.7M
Dividends paid -€2.0M€0
Lease liability payments €4.4M€4.2M
Net change in cash €29.0M€10.6M
Balance sheet
Total assets €606.5M€653.5M
Non-current assets €351.3M€369.4M
Property, plant & equipment €329.2M€358.5M
Current assets €255.2M€284.1M
Inventories €23.0M€32.0M
Trade & other receivables €58.2M€111.3M
Cash & equivalents €162.7M€140.7M
Total equity €360.7M€344.1M
Non-current liabilities €87.4M€78.5M
Lease liabilities (non-current) €5.8M€1.4M
Current liabilities €158.4M€230.9M
Short-term borrowings €0€16.1M
Lease liabilities (current) €6.7M€4.4M
Trade & other payables €142.5M€200.9M
Derived metrics
Free cash flow €66.7M-€42.4M
Net margin 0.3%0.5%
Return on equity 3.2%5.2%
Cash conversion ratio 7.30×0.83×
Capex coverage 4.64×0.26×
Other reported items
Adjustments For Amortisation Expense €16.0K€19.0K
Adjustments For Decrease Increase In Inventories €9.0M-€9.8M
Adjustments For Decrease Increase In Trade and Other Receivables €41.4M€21.2M
Adjustments For Depreciation Expense €51.4M€45.6M
Adjustments For Finance Costs €16.8M€12.6M
Adjustments For Finance Income €9.0M€24.5M
Adjustments For Increase Decrease In Trade and Other Payables -€35.6M€419.0K
Adjustments For Losses Gains On Disposal of Noncurrent Assets -€652.0K-€2.9M
Adjustments For Provisions €1.7M-€4.3M
Adjustments For Unrealised Foreign Exchange Losses Gains €1.2M€171.0K
Comprehensive Income Attributable To Owners of Parent €16.6M€17.8M
Current Derivative Financial Assets €11.3M€0
Current Derivative Financial Liabilities €786.0K€155.0K
Current Provisions €6.8M€3.8M
Current Tax Liabilities Current €1.6M€5.5M
Current Tax Liabilities Noncurrent €57.2M€51.6M
Deferred Tax Assets €6.8M€5.2M
Dividends Paid To Equity Holders of Parent Classified As Financing Activities €0€0
Effect of Exchange Rate Changes On Cash and Cash Equivalents -€7.1M€10.6M
Equity and Liabilities €606.5M€653.5M
Finance Income €9.0M€24.5M
Gains Losses On Cash Flow Hedges Net of Tax €5.0M€0
Income Taxes Refund Classified As Operating Activities €0€0
Increase Decrease Through Appropriation of Retained Earnings €9.6M
Intangible Assets Other Than Goodwill €872.0K€888.0K
Interest Paid Classified As Operating Activities €481.0K€5.0M
Interest Received Classified As Operating Activities €4.1M€9.6M
Issued Capital €26.3M€26.3M
Liabilities €245.8M€309.4M
Noncurrent Provisions €24.3M€25.6M
Other Comprehensive Income €5.0M€18.0K
Other Comprehensive Income Net of Tax Cash Flow Hedges €10.3M€0
Other Comprehensive Income Net of Tax Exchange Differences On Translation -€31.0K€18.0K
Other Comprehensive Income Net of Tax Gains Losses On Remeasurements of Defined Benefit Plans -€1.4M€0
Other Comprehensive Income That Will Be Reclassified To Profit Or Loss Net of Tax €5.0M€0
Other Expense By Nature €186.8M€234.1M
Other Noncurrent Receivables €14.4M€4.8M
Other Reserves €5.0M€18.0K
Other Work Performed By Entity and Capitalised €1.4M€6.0M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities €8.1M€15.3M
Reclassification Adjustments On Cash Flow Hedges Net of Tax €3.9M€0
Retained Earnings €327.4M€317.8M
Methodology

Every line item above is a fact tagged in KALUNDBORG REFINERY 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 (EUR), 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.