Financial Results

Below is our 5-year financial development. If you have questions regarding our financial results, please feel free to contact Managing Director  Jørgen Windelev.

The company is 100% independent and self-financing and has been fully owned by Jørgen Windelev since its establishment nearly 60 years ago. Company results are mainly reinvested into new innovative projects and machinery.

We thank our customers for their continuing support.


 

RESULT 2018 2017*) 2016/17 2015/16 2014/15
Currency (’000) DKK DKK DKK DKK DKK
Gross profit 18.350 9.853 13.497 15.981 14.583
Earnings Before Tax 4.273 1.784 1.101 3.725 3.615
BALANCE 2018 2017*) 2016/17 2015/16 2014/15
Currency (’000) DKK DKK DKK DKK DKK
Equity 10.151 6.687 6.299 8.468 6.581
Balance 17.198 14.191 13.221 13.378 12.503
ANALYSIS 2018 2017*) 2016/17 2015/16 2014/15
Return on Equity (%) 50 22 10 44 42
Solvency ratio (%) 59 47 48 63 53

*) 2017 only 8 months numbers due to change of accounting period to calendar year.