Ball Beverage Packaging Fredericia A/S
Vejlbyvej 29, 7000 Fredericia, CVR 30917839
Rank Profit for the Year
Rank in industry
3/363
"Top 10%"
Rank in Denmark
2,715/303,349
"Top 10%"
Top management Top 3
| Carsten Maribo Andreasen 1 | Director |
Board Top 3
| Thomas Qvist Haugstrup 1 | Chairman of board |
| Philip James Hocken 1 | Boardmember |
| Carsten Maribo Andreasen 1 | Boardmember |
Legal owners Top 3
Rights certificate
Selskabet tegnes af bestyrelsens formand i forening med en direktør, af to bestyrelsesmedlemmer i forening med en direktør, eller af et flertal af bestyrelsen.
Company information based on CVR
| Name | Ball Beverage Packaging Fredericia A/S |
|---|---|
| Alternate names | Rexam Bevarage Can Fredericia A/S Show more |
| CVR | 30917839 |
| Address | Vejlbyvej 29, 7000 Fredericia |
| Industry | Manufacture of light metal packaging [259200] |
| Web | http:// |
| Established | 18-10-2007 (13 yr) |
| Company type | Limited Corporation |
| Number of employees | 163 (Fin.Stmt) |
| Advertising protection | No |
| Auditor | Pricewaterhousecoopers Statsautoriseret Revisionspartnerselskab since 01-07-2011 |
| Financial statement period | 01-01 to 31-12 |
| Bank connection | Nordea Bank |
| Company capital | 33,400,000 DKK 20,500,000 DKK (14-04-2008 - 28-08-2008) 500,000 DKK (18-10-2007 - 13-04-2008) |
| Articles of assoc. last | 29-08-2016 |
Member of industries
- Manufacture of light metal packagingNACE6 containing 16 comp.
- Manufacture of other fabricated metal productsNACE3 containing 586 comp.
- Manufacture of fabricated metal products, except machinery and equipmentNACE2 containing 3,912 comp.
- ManufacturingNACE1 containing 26,536 comp.
Purpose
Selskabets formål er at fremstille og sælge emballage til drikkevarer og i øvrigt drive virksomhed med produktion, handel og dermed forbundne aktiviteter.
Financial Statement
| 2019 | 2018 | 2017 | |
|---|---|---|---|
| Currency/unit | 000' DKK | 000' DKK | 000' DKK |
| Revenue | - - | - - | - - |
| Gross Profit | 207,467 +6% | 196,579 +5% | 186,358 +17% |
| Profit for the Year | 41,843 +27% | 32,967 +8% | 30,666 +66% |
| Equity | 350,739 +14% | 308,896 +12% | 275,929 +13% |
| Total Assets | 692,174 -6% | 734,496 -1% | 740,699 -4% |
Mangement review
Key activities
The company's main activity is to manufacture and sell beverage cans.
Development in the year
The income statement of the Company for 2019 shows a profit of DKK 41,843,008, and at 31 December 2019 the balance sheet of the Company shows equity of DKK 350,738,791.
The past year and follow-up on development expectations from last year
The Company expected a result before taxes to be in line with the result in 2018. The actual profit amounted to DKK 41.8 million. The profit for the year is considered as satisfactory and higher than expected due to increased activity.
Special risks - operating risks and financial risks
Operating risks
The Company is assessed not to have any particular operating risks.
Market risks
The Company forms part of the Group’s overall value chain as a consignment manufacturer by providing its production capacity. The Company’s production is planned based on the requirements defined by the Group.
Foreign exchange risks
In our assessment, the Company is not subject to any individual foreign exchange risks.
Interest rate risks
In our assessment, the Company is not subject to any individual foreign interest rate risks.
Credit risks
In our assessment, the Company is not subject to any individual foreign credit risks.
Strategy and objectives
Strategy
The Company is one among many manufacturing companies which together support the Group’s vision of being the leading global can maker.
The Company’s overall goal is to ensure optimal utilization of the factory as well as to ensure a low rate of scrapping and the highest quality for the end customers.
Targets and expectations for the year ahead
The result for 2020 is expected to be in line with the result in 2019.
Basis of earnings
External environment
It is important for the Company to preserve and protect the environment. The Company monitors its emissions closely, which are optimized on a current basis, and the Company is constantly reducing its energy consumption.
Uncertainty relating to recognition and measurement
Recognition and measurement in the Annual Report have not been subject to any uncertainty.
Unusual events
The financial position at 31 December 2019 of the Company and the results of the activities and cash flows of the Company for the financial year for 2019 have not been affected by any unusual events.
Subsequent events
The implications of COVID-19 with many governments across the world deciding to "close down their countries" will have great impact on the global economy. Management considers the implications of COVID-19 a subsequent event occurred after the balance sheet date 31 December 2019, which is therefore a non-adjusting event to the Company. At this time, it is not possible to calculate the size of the negative COVID-19 impact.
No additional events have occurred after the balance sheet date affecting the company's financial position.
The company's main activity is to manufacture and sell beverage cans.
Development in the year
The income statement of the Company for 2019 shows a profit of DKK 41,843,008, and at 31 December 2019 the balance sheet of the Company shows equity of DKK 350,738,791.
The past year and follow-up on development expectations from last year
The Company expected a result before taxes to be in line with the result in 2018. The actual profit amounted to DKK 41.8 million. The profit for the year is considered as satisfactory and higher than expected due to increased activity.
Special risks - operating risks and financial risks
Operating risks
The Company is assessed not to have any particular operating risks.
Market risks
The Company forms part of the Group’s overall value chain as a consignment manufacturer by providing its production capacity. The Company’s production is planned based on the requirements defined by the Group.
Foreign exchange risks
In our assessment, the Company is not subject to any individual foreign exchange risks.
Interest rate risks
In our assessment, the Company is not subject to any individual foreign interest rate risks.
Credit risks
In our assessment, the Company is not subject to any individual foreign credit risks.
Strategy and objectives
Strategy
The Company is one among many manufacturing companies which together support the Group’s vision of being the leading global can maker.
The Company’s overall goal is to ensure optimal utilization of the factory as well as to ensure a low rate of scrapping and the highest quality for the end customers.
Targets and expectations for the year ahead
The result for 2020 is expected to be in line with the result in 2019.
Basis of earnings
External environment
It is important for the Company to preserve and protect the environment. The Company monitors its emissions closely, which are optimized on a current basis, and the Company is constantly reducing its energy consumption.
Uncertainty relating to recognition and measurement
Recognition and measurement in the Annual Report have not been subject to any uncertainty.
Unusual events
The financial position at 31 December 2019 of the Company and the results of the activities and cash flows of the Company for the financial year for 2019 have not been affected by any unusual events.
Subsequent events
The implications of COVID-19 with many governments across the world deciding to "close down their countries" will have great impact on the global economy. Management considers the implications of COVID-19 a subsequent event occurred after the balance sheet date 31 December 2019, which is therefore a non-adjusting event to the Company. At this time, it is not possible to calculate the size of the negative COVID-19 impact.
No additional events have occurred after the balance sheet date affecting the company's financial position.
18-05-2020