NETS A/S financials

NETS A/S

Country: DK Reporting currency: EUR Latest annual report: 2023-12-31
LEI: 2138001VO8L6MTIDB405
Source filing ↗
Financial statements (EUR, as reported — unscaled; 87 line items across 2 annual periods)
Line item 20232022
Income statement
Revenue €1.32B€1.28B
Cost of sales €42.6M€55.6M
Employee benefits expense €223.9M€224.8M
Operating profit (EBIT) -€45.0M€15.6M
Net finance income / (cost) €36.8M€10.8M
Profit before tax -€8.2M€26.4M
Income tax expense -€400.0K€15.1M
Profit for the year €13.3M€127.3M
Total comprehensive income €13.3M€127.3M
Cash flow statement
Net cash from operating activities €197.3M€239.4M
Income taxes paid €26.0M€22.9M
Net cash from investing activities -€175.7M-€129.2M
Purchase of PP&E (capex) €17.4M€38.5M
Purchase of intangibles €168.6M€159.3M
Net cash from financing activities €12.2M-€23.7M
Lease liability payments €18.5M€15.5M
Net change in cash €33.8M€86.5M
Balance sheet
Total assets €4.53B€4.01B
Non-current assets €2.38B€2.40B
Property, plant & equipment €128.3M€147.7M
Intangible assets & goodwill €1.66B€1.69B
Current assets €2.15B€1.60B
Inventories €11.4M€11.3M
Cash & equivalents €478.4M€438.7M
Total equity €1.59B€1.56B
— attributable to owners €1.59B€1.56B
Non-controlling interests €0€0
Non-current liabilities €749.9M€752.1M
Long-term borrowings €219.5M€218.8M
Lease liabilities (non-current) €45.5M€42.6M
Current liabilities €2.19B€1.69B
Lease liabilities (current) €16.0M€13.5M
Deferred tax liabilities €13.5M€6.6M
Derived metrics
Free cash flow €179.9M€200.9M
Operating margin -3.4%1.2%
Net margin 1.0%9.9%
Return on equity 0.8%8.1%
Cash conversion ratio 14.83×1.88×
Capex coverage 11.34×6.22×
Other reported items
Cash Advances and Loans From Related Parties €61.1M€18.8M
Cash and Cash Equivalents If Different From Statement of Financial Position €478.4M€438.7M
Cash Flows From Losing Control of Subsidiaries Or Other Businesses Classified As Investing Activities €0€71.3M
Cash Repayments of Advances and Loans From Related Parties €30.4M€27.0M
Changes In Equity €24.7M€528.3M
Comprehensive Income Attributable To Noncontrolling Interests €0€68.0M
Comprehensive Income From Continuing Operations Attributable To Owners of Parent -€7.8M€11.3M
Comprehensive Income From Discontinued Operations Attributable To Owners of Parent €21.1M€48.0M
Current Contract Assets €3.0M€25.3M
Current Contract Liabilities €13.2M€7.4M
Current Prepayments €63.3M€48.6M
Current Tax Liabilities Current €11.2M€20.2M
Deferred Tax Assets €53.2M€36.5M
Effect of Exchange Rate Changes On Cash and Cash Equivalents €5.9M-€6.2M
Equity and Liabilities €4.53B€4.01B
Fee and Commission Expense €555.2M€523.9M
Income From Continuing Operations Attributable To Owners of Parent -€7.8M€11.3M
Income From Discontinued Operations Attributable To Owners of Parent €21.1M€48.0M
Increase Decrease In Working Capital -€31.6M-€16.6M
Increase Decrease Through Other Contributions By Owners €457.3M
Increase Decrease Through Other Distributions To Owners €5.3M€4.2M
Increase Decrease Through Sharebased Payment Transactions €6.9M€5.3M
Intangible Assets Other Than Goodwill €518.7M€489.6M
Interest Paid Classified As Operating Activities €20.3M€42.1M
Investments In Associates Accounted For Using Equity Method €22.0M€38.0M
Issued Capital €26.9M€26.9M
Liabilities €2.94B€2.44B
Liabilities Included In Disposal Groups Classified As Held For Sale €14.1M€0
Noncurrent Assets Or Disposal Groups Classified As Held For Sale €101.4M€0
Noncurrent Payables To Related Parties €421.2M€428.3M
Noncurrent Provisions For Employee Benefits €700.0K€0
Other Adjustments For Noncash Items €6.9M€5.3M
Other Comprehensive Income €0€0
Other Comprehensive Income Before Tax Exchange Differences On Translation €4.8M-€57.4M
Other Current Financial Assets €1.7M€14.6M
Other Current Financial Liabilities €0€1.1M
Other Current Liabilities €51.1M€14.7M
Other Finance Income Cost €36.8M€6.1M
Other Noncurrent Liabilities €49.5M€55.8M
Other Reserves €1.56B€1.54B
Profit Loss From Continuing Operations -€7.8M€11.3M
Profit Loss From Continuing Operations Attributable To Noncontrolling Interests €0€68.0M
Profit Loss From Discontinued Operations €21.1M€48.0M
Revenue and Operating Income €767.6M€758.6M
Share of Profit Loss of Associates Accounted For Using Equity Method -€1.6M€1.0M
Share of Profit Loss of Associates and Joint Ventures Accounted For Using Equity Method -€156.0M€0
Trade and Other Current Payables To Related Parties €215.3M€213.5M
Trade and Other Current Receivables Due From Related Parties €15.0M€27.2M
Methodology

Every line item above is a fact tagged in NETS 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.