Generate report
Sakata Ornamentals Europe A/S
Odensevej 82, 5290 Marslev, CVR 27192335
Industry: Wholesale of flowers and plants
ad
More financial key figures and analyses?
In Bisbase Premium you get more financial key figures for both companies, groups and industries plus access to exclusive industries complied by experts. You can also create your own analyses! It only takes a minute or so - and it's free!
Rank Profit for the year
Rank in industry
2/194
"Top 10%"
Rank in Denmark
7,087/337,325
"Top 10%"
Top management top 3
Board top 3
| Alain Jean Michel Sicard 1 | Chairman of board |
| Jumpei Yoshida 1 | Vice chairman |
| Johannes Jozua Witte van Popering 1 | Boardmember |
Legal owners top 3
Rights certificate
Selskabet tegnes af en direktør, bestyrelsesformanden eller den samlede bestyrelse.
Company information based on CVR
| Name | Sakata Ornamentals Europe A/S |
| CVR | 27192335 |
| Address | Odensevej 82, 5290 Marslev |
| Industry | Wholesale of flowers and plants [462200] |
| Established | 04-06-2003 (20 yr) |
| First financial statement period | 04-06-2003 to 31-03-2004 |
| Company type | Limited Corporation |
| Number of employees | 75 (man years:70) |
| Advertising protection | No |
| Auditor | Kpmg P/S since 22-09-2014 |
| Financial statement period | 01-04 to 31-03 |
| Company capital | 18,050,000 EUR 16,050,000 EUR (12-03-2004 - 29-06-2010) 13,000,000 EUR (29-12-2003 - 11-03-2004) 70,000 EUR (19-06-2003 - 28-12-2003) 500,000 DKK (04-06-2003 - 18-06-2003) |
| Articles of assoc. last | 07-07-2020 |
Member of industries
- Wholesale of flowers and plantsNACE6 containing 369 comp.
- Wholesale of agricultural raw materials and live animalsNACE3 containing 883 comp.
- Wholesale trade, except of motor vehicles and motorcyclesNACE2 containing 24,993 comp.
- Wholesale and retail trade, repair of motor vehicles and motorcyclesNACE1 containing 77,153 comp.
Purpose
Selskabets formål er at drive virksomhed med frø, planter og dermed beslægtede produkter, inklusiv, men ikke begrænset til, import og eksport, køb og salg, produktion og distribution af frø, planter og dermed beslægtede produkter.
Financial Statement
| 2022 | 2021 | 2020 | |
|---|---|---|---|
| Currency/unit | 000' DKK | 000' DKK | 000' DKK |
| Revenue | 192,388 +13% | 169,943 +1% | 167,701 +7% |
| Gross Profit | 57,390 +11% | 51,788 +20% | 43,080 -6% |
| Profit for the year | 22,542 +4% | 21,745 +51% | 14,422 -18% |
| Equity | 167,023 +16% | 144,481 +18% | 122,736 +13% |
| Total Assets | 215,675 +14% | 189,245 +4% | 181,728 +16% |
Mangement review
Financial instruments
The Company's goals and policies for management of financial risks
The Company primarily sells its products at prices denominated in EUR or USD. Costs for goods purchased are primarily denominated in USD and DKK. The Company monitors the currency and interest rate developments but does not engage in hedging transactions.
The Company’s income statement for the year 2021/22 shows a profit of EUR’000 2,719 as against EUR’000 2,919 in 2020/2021. Equity in the Company's balance sheet at 31 March 2022 stood at EUR'000 22,109 as against EUR'000 19,395 at 31 March 2021. The main drivers behind the increase in results for 2021/2022 were: Despite the COVID-19 pandemic, the Company has enjoyed a significant increase in sales. Due to its timing at the end of the financial year, the Russian/Ukrainian war had very limited impact on sales. The increase was realised across entire assortment-segments, across all territories and across the Company’s customer-base. The sales volume of Lisianthus end-products in the market has stabalised and sales prices returned to normal levels. After having supported the value chain the first quarter of the COVID-19 crisis with an exceptional price discount, the Company has seen a healthy development on the Lisianthus market. The margin for 2021/2022 was effected heavily by an additional EUR 1,250 thousand provision for write-off as the increase in gas prices might result in reduced Lisianthus sales leading to obsolete Lisianthus inventories and declining markets. Due to the above, the otherwise significant margin improvements end in line with the previous year. Due to the COVID-19 pandemic, operating costs continued to be heavily on the decline in 2021/22. A weakening euro exchange rate vis-a-vis the US dollar exchange rate had a negative impact on results.
The Company’s income statement for the year 2021/22 shows a profit of EUR’000 2,719 as against EUR’000 2,919 in 2020/2021. Equity in the Company's balance sheet at 31 March 2022 stood at EUR'000 22,109 as against EUR'000 19,395 at 31 March 2021. The main drivers behind the increase in results for 2021/2022 were: Despite the COVID-19 pandemic, the Company has enjoyed a significant increase in sales. Due to its timing at the end of the financial year, the Russian/Ukrainian war had very limited impact on sales. The increase was realised across entire assortment-segments, across all territories and across the Company’s customer-base. The sales volume of Lisianthus end-products in the market has stabalised and sales prices returned to normal levels. After having supported the value chain the first quarter of the COVID-19 crisis with an exceptional price discount, the Company has seen a healthy development on the Lisianthus market. The margin for 2021/2022 was effected heavily by an additional EUR 1,250 thousand provision for write-off as the increase in gas prices might result in reduced Lisianthus sales leading to obsolete Lisianthus inventories and declining markets. Due to the above, the otherwise significant margin improvements end in line with the previous year. Due to the COVID-19 pandemic, operating costs continued to be heavily on the decline in 2021/22. A weakening euro exchange rate vis-a-vis the US dollar exchange rate had a negative impact on results.
11-07-2022