STARK SOURCING A/S financials

STARK SOURCING A/S

Country: DK Reporting currency: EUR Latest annual report: 2023-07-31
LEI: 213800K83X1E9HF1MD69
Source filing ↗
Financial statements (EUR, as reported — unscaled; 87 line items across 2 annual periods)
Line item 20232022
Income statement
Revenue €7.05B€6.00B
Cost of sales €5.24B€4.45B
Gross profit €1.81B€1.54B
Employee benefits expense €903.0M€721.0M
Depreciation & amortisation €243.0M€171.0M
Operating profit (EBIT) €353.0M€288.0M
Net finance income / (cost) -€197.0M-€102.0M
Profit before tax €156.0M€186.0M
Income tax expense €12.0M€54.0M
Profit for the year €144.0M€132.0M
— attributable to owners €141.0M€127.0M
— attributable to NCI €3.0M€5.0M
Total comprehensive income €170.0M€155.0M
Cash flow statement
Cash generated from operations €434.0M€372.0M
Net cash from operating activities €311.0M€230.0M
Income taxes paid €20.0M€75.0M
Net cash from investing activities -€673.0M-€269.0M
Purchase of PP&E (capex) €79.0M€71.0M
Purchase of intangibles €29.0M€24.0M
Net cash from financing activities €424.0M-€25.0M
Dividends paid €4.0M€4.0M
Proceeds from borrowings €132.0M€0
Repayments of borrowings €14.0M€2.0M
Lease liability payments €113.0M€77.0M
Net change in cash €62.0M-€64.0M
Balance sheet
Total assets €6.46B€4.94B
Non-current assets €4.13B€3.26B
Right-of-use assets €891.0M€553.0M
Intangible assets & goodwill €1.81B€1.81B
Current assets €2.32B€1.68B
Inventories €1.09B€813.0M
Trade & other receivables €823.0M€569.0M
Cash & equivalents €307.0M€261.0M
Total equity €858.0M€692.0M
— attributable to owners €848.0M€681.0M
Non-controlling interests €10.0M€11.0M
Non-current liabilities €3.65B€2.71B
Long-term borrowings €143.0M€16.0M
Lease liabilities (non-current) €714.0M€472.0M
Current liabilities €1.95B€1.54B
Short-term borrowings €28.0M€27.0M
Lease liabilities (current) €146.0M€84.0M
Deferred tax liabilities €322.0M€312.0M
Derived metrics
Free cash flow €232.0M€159.0M
Operating margin 5.0%4.8%
Net margin 2.0%2.2%
Return on equity 16.8%19.1%
Cash conversion ratio 2.16×1.74×
Capex coverage 3.94×3.24×
Other reported items
Adjustments For Provisions -€15.0M-€3.0M
Adjustments To Reconcile Profit Loss Other Than Changes In Working Capital €269.0M€331.0M
Cash Advances and Loans From Related Parties €794.0M€58.0M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities €579.0M€189.0M
Cash Repayments of Advances and Loans From Related Parties €375.0M€0
Comprehensive Income Attributable To Noncontrolling Interests €3.0M€5.0M
Comprehensive Income Attributable To Owners of Parent €167.0M€150.0M
Construction In Progress €98.0M€46.0M
Current Prepayments €21.0M€12.0M
Current Tax Assets Current €11.0M€5.0M
Current Tax Liabilities Current €43.0M€31.0M
Dividends Paid To Noncontrolling Interests Classified As Financing Activities €0€4.0M
Effect of Exchange Rate Changes On Cash and Cash Equivalents -€16.0M-€5.0M
Equity and Liabilities €6.46B€4.94B
Gain Recognised In Bargain Purchase Transaction €205.0M€0
Income Tax Relating To Remeasurements of Defined Benefit Plans of Other Comprehensive Income €2.0M€6.0M
Increase Decrease In Cash and Cash Equivalents €46.0M-€69.0M
Increase Decrease In Working Capital -€36.0M€88.0M
Intangible Assets Other Than Goodwill €989.0M€996.0M
Interest Paid Classified As Operating Activities €103.0M€67.0M
Investments In Joint Ventures Accounted For Using Equity Method €1.0M€1.0M
Issued Capital €2.0M€2.0M
Land and Buildings €1.16B€732.0M
Liabilities €5.60B€4.25B
Noncurrent Financial Assets €1.0M€1.0M
Noncurrent Recognised Liabilities Defined Benefit Plan €71.0M€92.0M
Other Comprehensive Income €26.0M€23.0M
Other Comprehensive Income Before Tax Gains Losses On Remeasurements of Defined Benefit Plans €19.0M€23.0M
Other Comprehensive Income Net of Tax Exchange Differences On Translation €9.0M€6.0M
Other Current Liabilities €335.0M€254.0M
Other Current Receivables €75.0M€22.0M
Other Expense By Nature €517.0M€361.0M
Other Longterm Provisions €148.0M€32.0M
Other Reserves €846.0M€679.0M
Other Shortterm Provisions €21.0M€8.0M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities €14.0M€15.0M
Trade and Other Current Payables To Related Parties €31.0M€31.0M
Trade and Other Current Payables To Trade Suppliers €1.34B€1.10B
Methodology

Every line item above is a fact tagged in STARK SOURCING 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.