ULTRABULK A/S financials

ULTRABULK A/S

Country: DK Reporting currency: USD Latest annual report: 2025-12-31
LEI: 549300HB18MY7I4M4L84
Source filing ↗
Financial statements (USD, as reported — unscaled; 76 line items across 2 annual periods)
Line item 20252024
Income statement
Revenue $1.59B$1.64B
Gross profit $134.2M$198.2M
Other income $0$792.0K
Operating expenses $1.46B$1.44B
Employee benefits expense $48.2M$32.6M
Operating profit (EBIT) -$32.9M$21.4M
Finance costs $9.6M$8.1M
Profit before tax -$40.7M$22.0M
Income tax expense $7.3M$7.0M
Profit for the year -$48.0M$15.0M
Total comprehensive income -$37.2M$154.0K
Cash flow statement
Net cash from operating activities $99.9M$162.8M
Net cash from investing activities $55.0M-$50.6M
Purchase of PP&E (capex) $59.3M$95.8M
Net cash from financing activities -$116.9M-$177.2M
Dividends paid $0$35.0M
Proceeds from borrowings $15.0M$0
Repayments of borrowings $1.3M$0
Lease liability payments $102.8M$134.2M
Net change in cash $38.0M-$65.0M
Balance sheet
Total assets $567.3M$528.0M
Non-current assets $252.9M$234.1M
Intangible assets & goodwill $42.4M$44.0M
Current assets $314.4M$293.9M
Inventories $27.7M$30.0M
Cash & equivalents $104.0M$81.8M
Total equity $141.9M$179.1M
Non-current liabilities $163.0M$90.1M
Long-term borrowings $11.8M$0
Lease liabilities (non-current) $93.7M$38.6M
Current liabilities $262.4M$258.8M
Lease liabilities (current) $73.7M$85.4M
Derived metrics
Free cash flow $40.6M$66.9M
Operating margin -2.1%1.3%
Net margin -3.0%0.9%
Return on equity -33.8%8.4%
Cash conversion ratio -2.08×10.87×
Capex coverage 1.68×1.70×
Other reported items
Adjustments For Income Tax Expense $297.0K-$2.2M
Cash Flows From Used In Decrease Increase In Restricted Cash and Cash Equivalents $15.8M-$10.2M
Cash Flows Used In Obtaining Control of Subsidiaries Or Other Businesses Classified As Investing Activities $0$5.9M
Current Borrowings and Current Portion of Noncurrent Borrowings $1.8M$0
Current Derivative Financial Assets $2.6M$5.3M
Current Derivative Financial Liabilities $3.9M$11.9M
Current Prepayments $42.2M$31.8M
Current Tax Liabilities Current $16.2M$8.6M
Depreciation Expense $111.2M$134.1M
Effect of Exchange Rate Changes On Cash and Cash Equivalents $0$300.0K
Equity and Liabilities $567.3M$528.0M
Finance Income $1.9M$8.7M
Fixtures and Fittings $1.3M$978.0K
Gains Losses On Cash Flow Hedges Net of Tax $300.0K
Increase Decrease In Working Capital -$12.8M-$7.0M
Increase Decrease Through Transactions With Owners $0-$35.0M
Interest Received Classified As Investing Activities $1.5M$5.4M
Investments In Associates Accounted For Using Equity Method $1.3M$0
Investments In Joint Ventures Accounted For Using Equity Method $0$18.7M
Issued Capital $5.1M$5.1M
Liabilities $425.4M$348.9M
Noncurrent Derivative Financial Assets $614.0K$786.0K
Noncurrent Derivative Financial Liabilities $257.0K$3.7M
Noncurrent Financial Assets $2.3M$19.8M
Other Adjustments For Noncash Items $119.7M$136.6M
Other Comprehensive Income $10.8M-$14.8M
Other Comprehensive Income Net of Tax Cash Flow Hedges $9.6M-$13.6M
Other Comprehensive Income Net of Tax Exchange Differences On Translation $1.2M-$1.2M
Other Inflows Outflows of Cash Classified As Investing Activities -$4.0M$2.0M
Other Noncurrent Liabilities $57.3M$47.8M
Other Reserves -$2.1M-$12.9M
Proceeds From Sales of Property Plant and Equipment Classified As Investing Activities $101.1M$53.9M
Reclassification Adjustments On Cash Flow Hedges Net of Tax -$10.4M$13.9M
Restricted Cash and Cash Equivalents $2.2M$18.0M
Retained Earnings $138.9M$186.8M
Share of Profit Loss of Joint Ventures Accounted For Using Equity Method $3.5M$9.0K
Trade and Other Current Payables To Related Parties $11.0M$3.3M
Trade and Other Current Receivables Due From Related Parties $17.9M$3.2M
Methodology

Every line item above is a fact tagged in ULTRABULK 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 (USD), 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.