Company type
Limited Corporation (APS)
Established
1881
Size
Large
Employees
1,067
Revenue
3,584 MDKK
Gross profit
820 MDKK
Operating Profit (EBIT)
319 MDKK
Profit for the Year
1,792 MDKK
Equity
4,321 MDKK
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Rank Profit for the Year

Rank in industry
2/47
"Top 10%"
Rank in Denmark
97/303,147
"Top 10%"

Top management Top 3

Board Top 3

Matthias Josef Heinzel 1Chairman of board
Flemming Kristensen 3Boardmember
Anne Agger Sparsø 1Boardmember

Legal owners Top 3

100%Dupont Denmark Holding Aps

Rights certificate

Selskabet tegnes af (i) formanden i forening med en direktør eller et andet bestyrelsesmedlem, eller (ii) to direktører i forening, eller (iii) den samlede bestyrelse.

Company information based on CVR

NameDupont Nutrition Biosciences Aps
Alternate namesDanisco Animal Nutrition Aps, Danisco Aps, Danisco Cultor Aps, Danisco Cultor Ingredients Aps, Danisco Cultures Aps, Danisco Emulsifiers Aps, Danisco Functional Systems Aps, Danisco Genencor Aps, Danisco Ingredients Aps, Danisco Specialities Aps, Danisco Sweeteners Aps, Danisco Textural Ingredients Aps, Danisco Venture Aps, Danisco-Cultor Aps, Grindsted Products Aps, Aalborg Akvavit A/S, Aktieselskabet A. Brøndum & Søn, Aktieselskabet Aalborg Akvavit Fabrik, Aktieselskabet Aalborg Akvavit-Fabrik, Aktieselskabet Aalborg Aquavit Distilleries Ltd, Aktieselskabet Aalborg Gær- og Spritfabrikker, Aktieselskabet Aalborg Spritfabrik, Aktieselskabet Aarhus Gær- og Spritfabrikker, Aktieselskabet Danish Distillers Ldt, Aktieselskabet Danish Distillers Ltd, Aktieselskabet Danish Distillers Ltd., Aktieselskabet Dansk Akvavit-Fabrik, Aktieselskabet Dansk Cloc-Compagni, Aktieselskabet Dansk Gær-Central, Aktieselskabet Dansk Handels- og Industri-Compagni, Aktieselskabet Dansk Kartoffel-Industri, Aktieselskabet Dansk Likør-Central, Aktieselskabet Dansk Sprit-Central, Aktieselskabet Dansk Vin-Central, Aktieselskabet De Danske Gærfabrikker, Aktieselskabet De Danske Likørfabrikker, Aktieselskabet De Danske Spritfabrikker, Aktieselskabet De Danske Spritfabrikker Aalborg-Kopenhagen G.M.B.H, Aktieselskabet De Danske Stivelsefabrikker, Aktieselskabet De Danske Sukkerfabrikker, Aktieselskabet De Forenede Gær- og Spritfabrikker, Aktieselskabet Hobro Gær- og Spritfabrikker, Aktieselskabet Københavns Gær- og Spritfabrikker, Aktieselskabet Odense Gær- og Spritfabrikker, Aktieselskabet Randers Gær- og Spritfabrikker, Aktieselskabet Roskilde Gær- og Spritfabrikker, Aktieselskabet Silkeborg Gær- og Spritfabrikker, Aktieselskabet Slagelse Gær- og Spritfabrikker, Aktieselskabet Ste Anon, Aalborg Aquavit, Aktieselskabet Ste Anon, Compagnie Danoise Du Cloc, Aktieselskabet The Danish Cloc-Company Ltd, Aktieselskabet The Danish Yeast Company Ltd, Avl Emballage A/S, Bähncke A/S, Colon Colourpack A/S, Colon Emballage A/S, Colon Kombipack A/S, Colon Leasing A/S, Colon Øst-Box A/S, Danica Vinimport A/S, Danisco Animal Nutrition A/S, Danisco Colourpack A/S, Danisco Cultor A/S, Danisco Cultor Ingredients A/S, Danisco Cultures A/S, Danisco Distillers A/S, Danisco Emulsifiers A/S, Danisco Flamingo A/S, Danisco Flavours A/S, Danisco Flexible Otto Nielsen A/S, Danisco Flexible Raackmann A/S, Danisco Flexible Unibag A/S, Danisco Flexible-Sl A/S, Danisco Foods A/S, Danisco Functional Systems A/S, Danisco Genencor A/S, Danisco Ingredients A/S, Danisco Miljøpack A/S, Danisco Pack A/S, Danisco Seed A/S, Danisco Specialities A/S, Danisco Sugar A/S, Danisco Sweeteners A/S, Danisco Textural Ingredients A/S, Danisco Unibag A/S, Danisco Venture A/S, Danisco Vest-Box A/S, Danisco Øst-Box A/S, Danisco-Cultor A/S, Danish Paper Packaging A/S, Dansico Animal Nutrition A/S, Dansico Functional Systems A/S, Dansico Textural Ingredients A/S, Dansk Carna Consum A/S, Dantap A/S, Dantap Danmark A/S, Frigodan A/S, Frigodan Foods A/S, Grenaa Gærfabrik A/S, Grindsted Products A/S, Grindstedværket A/S, Herning Æske Industri A/S, Hg Stanseforme A/S, Levalco A/S, Maribo Frø A/S, Mette Munk A/S, Odense Konserves Fabrik A/S, Peter F. Heering A/S, Skælskør Frugtplantage A/S, Taffel Foods A/S, Vendelbo Konserves A/S Show more
CVR11350356
AddressLangebrogade 1, 1411 København K
IndustryManufacture of other chemical products n.e.c. [205900]
Established09-08-1881 (139 yr)
Company typeLimited Corporation (APS)
Number of employees1,067 (Fin.Stmt)
Advertising protectionNo
AuditorPricewaterhousecoopers Statsautoriseret Revisionspartnerselskab since 06-12-2011
Financial statement period01-01 to 31-12
Company capital844,665,900 DKK
953,865,900 DKK (20-08-2008 - 05-12-2016)
978,829,900 DKK (01-08-2007 - 19-08-2008)
978,636,400 DKK (01-05-2007 - 31-07-2007)
978,569,900 DKK (25-01-2007 - 30-04-2007)
978,545,900 DKK (02-11-2006 - 24-01-2007)
Articles of assoc. last06-12-2016

Member of industries

Purpose

Selskabets formål er industri- og handelsvirksomhed i ind- og udland samt anden virksomhed, der efter bestyrelsens skøn står i forbindelse hermed.

Financial Statement

 201920182017
Currency/unit000' DKK000' DKK000' DKK
Revenue
3,584,000
+3%
3,467,000
+0%
3,465,000
-4%
Gross Profit
820,000
+7%
763,000
-16%
913,000
-12%
Profit for the Year
1,792,000
+124%
799,000
-
-231,000
-
Equity
4,321,000
+7%
4,054,000
+23%
3,291,000
-38%
Total Assets
9,680,000
-3%
10,003,000
+2%
9,769,000
-23%

Mangement review

DuPont Nutrition Biosciences ApS is an indirectly owned subsidiary of DuPont de Nemours Inc., and sells bio-based ingredients for use in food and beverages and industrial enzymes to a wide range of industries. The majority of the products are sold on the European market and are products within the Nutrition & Biosciences Division. This Division sells cultures, emulsifiers, gums & systems, and natural sweeteners, which are mainly used in dairy products, baking, ice cream, beverages, confectionery, dietary supplements and chewing gum. Further DuPont Nutrition Biosciences ApS has activities within Research and Development, Production, Distribution and a range of administrative functions. The management of the Nutrition & Health Division and the European sales organisation (SAFI) are based in DuPont Nutrition Biosciences ApS. On the production sites placed in Grindsted and Haderslev, we manufacture products within emulsifiers, standardised textural ingredients, cultures, functional systems and enzymes (mainly for the milling and bakery industries). DuPont Nutrition Biosciences ApS is the parent company for a number of subsidiaries and the owner of all IP rights within bio-based food ingredients developed by DuPont Nutrition Biosciences ApS and subsidiaries. Innovation "Application, research and development activities in Denmark are placed at the site in Brabrand. DuPont Nutrition Biosciences ApS continually invests in process development to increase efficiencies, reduce manufacturing costs, water and energy use and CO2 emissions. Our innovation is strategically positioned to address the needs of industry and society in the face of the global challenges in food, health, energy and chemicals. " Application is part of DuPont Nutrition Biosciences ApS' innovation network, which is a global network of innovation activities including research and development, applications, technical customer service, and analysis. In application DuPont Nutrition Biosciences ApS' bio-based ingredients are tested and evaluated in different food applications to ensure optimal use and benefit. The food application areas include bakery, beverage, confectionery, brewing, dairy, frozen desserts, fruit, poultry, seafood or oils and fats industrial products. Application also includes work within the general areas of food safety and health and nutrition across all industries. The majority of applications are sales oriented (technical service and trouble shooting for the customers) based on known as well as perceived customer demands. Understanding our customers and their current and future needs is a crucial part of the innovation process, as it enables us to select and prioritise the projects to invest in. Uncertainty of measurement in recognition "The company's subsidiaries are recognized at cost and amount to DKK 5,634 million.Their value is assessed on an ongoing basis, however, this assessment contains a number of estimates and assumptions that may change and thus affect the overall value. Impairment recognized by the end of December is DKK -2,256." Development in the year In 2019, DuPont Nutrition Biosciences ApS recorded revenue of DKK 3,584 million against DKK 3,467 million in 2018. Operating profit increased to DKK 319 million against DKK 285 million in 2018. In 2019 DuPont Nutrition Biosciences ApS has received dividend income from subsidiaries for a total amount of DKK 1,627 million, against DKK 545 million in 2018. The results are in line with expectations. Future development The Company's strategy for growth is to apply its science and technology to address challenges driven by global population growth. Applying science to deliver innovative solutions and new products in the marketplace generates shareholder value and profitable growth. The Company continues to achieve fixed cost, working capital and variable cost productivity through disciplined business processes. The Company expects unchanged revenue and profit in 2020. On 15 December 2019, IFF (NYSE: IFF) (Euronext Paris: IFF) (TASE: IFF) and DuPont (NYSE: DD) announced that they entered into a definitive agreement for the merger of IFF and DuPont’s Nutrition & Biosciences (N&B) business in a Reverse Morris Trust transaction. The deal values the combined company at $45.4 billion on an enterprise value basis, reflecting a value of $26.2 billion for the N&B business based on IFF’s share price as of 13 December 2019. Under the terms of the agreement, which has been unanimously approved by both Boards of Directors, DuPont shareholders will own 55.4% of the shares of the new company and existing IFF shareholders will own 44.6%. Upon completion of the transaction, DuPont will receive a one-time $7.3 billion special cash payment, subject to certain adjustments. DuPont Nutrition Biosciences ApS forms part of DuPont’s N&B business and is expected to be part of the merger. The parties closing the deal by the end of the first quarter 2021. Risks In the ordinary course of business, the DuPont Group is exposed to a variety of financial risks that include commodity price risk, credit risk, liquidity risk and interest rate risk. The policies and procedures in relation to the monitoring of these risks are undertaken in conjunction with the ultimate parent undertaking, DuPont de Nemours Inc., which includes entering into contractual arrangements in order to limit the adverse effects on the Group’s financial performance.Recent Accomplishments "Recent achievements within DuPont Nutrition & Biosciences under which Nutrition Biosciences ApS operates: • Launch of first of its kind Sustainable Seaweed Sourcing Program, developed in collaboration with the New England Aquarium• Acceleration of sustainable sourcing program with hire of leading sustainable sourcing expert that will be working closely with the different businesses, sales and not least our sourcing organization. • DuPont Nutrition and Health becomes member of the Sustainable Agriculture Initiative platform (SAI Platform) as part of sustainable sourcing program. • Identification of six key UN Sustainable Development Goals, SDGs (2, 3, 12, 13, 14 and 15) that will be our main focus in our sustainability work and in our involvement in the Confederation of Danish Industries led SDG initiative “From Philanthropy to Business”.• Launch of new project to map the sustainability performance of our entire portfolio and its contribution to the UN SDGs. • Tool developed and tested for integrating sustainability/SDGs in prioritization of larger innovation projects.• 10 strategic accounts identified for sustainability/SDG partnership program.• 16 sustainability projects identified at two-day sustainability/SDG workshop with Key Customers • Launch of Clean Labeling Hub with strong sustainability focus.• Continue our successful involvement in World Business Council For Sustainable Development (WBCSD) led initiative on promoting healthy and sustainable diets (http://www.dupont.com/industries/food-and-beverage/sustainable-food-solutions/articles/fresh.html)" Recent DuPont Group sustainability related achievements and recognitions Please follow the link for full description: http://www.dupont.com/corporate-functions/sustainability/sustainability-commitments/performance-reporting/sustainability-reports.html 2020 Sustainability Strategy and Goals With an ever-increasing population, massive challenges in food waste, health and wellness and an increasing interest from consumers about what’s in their food, we focus on making an impact through Sustainable Sourcing, Sustainable Operations and Sustainable Solutions. A 2020 Sustainability Strategy was approved and launched by our leadership in 2017. It represents a step change in terms of governance set up and more ambitious goals in relation to our three focus areas: "• Sustainable Sourcing• Sustainable Manufacturing • Sustainable Solutions. " "Examples of 2020 goals include:• Develop and implement sustainable sourcing program for 90% of all bio-based raw materials (covering raw materials based on palm, soy, seaweed, carob beans, wood and guar)• Source 100% certified sustainable palm oil globally and implement Sustainable Palm Oil Sourcing Policy• Implement Sustainable Soy Sourcing Policy & drive sustainable sourcing• Target elimination of coal at all manufacturing sites and increase share of renewable energy to 20% of total energy use (as a source of onsite combustion i.e. Scope 1 related)• Reduce greenhouse gas emissions from manufacturing with at least 20% per revenue with 2010 as baseline• Reduce water consumption from manufacturing with 20% per revenue and establish water mitigation plans at high water risk sites• Reduce customer’s greenhouse gas emissions with 15 million tons CO2e annually by 2020 (enabled by solutions that reduce food waste, replace high impact raw materials and/or improves processing efficiency)• Establish 20 customer partnerships resulting in significant sustainability improvements• Integrate sustainability in product & process development and complete life cycle assessment for all main product categories. " More information about our strategy, governance and goals are available here: https://www.dupontnutritionandhealth.com/sustainability.html Policies and guidelines In DuPont Nutrition Biosciences ApS, we focus on three key policies: The DuPont Code of Conduct, the Human Rights Policy and the Safety, Health and Environmental Policy. The policies serve as a resource guide to help all employees make decisions that reflect DuPont Group’s core values. The policies also reinforce our commitment to sustainability and are important to our stakeholders. Own operations The DuPont Code of Conduct sets expectations for every employee about how we are to operate our businesses, work with customers, suppliers, and other business partners, serve our stakeholders, and interact with our communities and with each other. DuPont employees are required to receive training in the Code yearly. In addition to the training in the Code, all employees completed minimum one other ethics and compliance module in 2019. The training modules are available online and a test is required to pass the training. We see the full completion of the training program as a satisfactory result for the reporting period. Central to ethics at DuPont is ensuring that each of us purposefully upholds the company’s standards. Any act that intentionally violates the law or regulation, and any effort to conceal non-compliance with this Code of Conduct, or with a company policy, constitutes an ethics violation. Employees are encouraged to seek help with any questions or concerns regarding an ethical situation. Should the employee feel uncomfortable sharing concerns, he or she can call the DuPont Ethics and Compliance Hotline. The Hotline is a multilingual service to allow employees, and nonemployees, to report concerns or seek advice. It is available 24 hours a day, 7 days a week, and callers can choose to remain anonymous. DuPont Code of Conduct course contains elements of ethics, anti-corruption, and related topics. When an incident indicates suspected corruption, or any other Core Values violations, the Global Ethics Investigations team gathers data required to facilitate a decision whether to pursue the issue. If the issue is pursued, a full investigation is conducted, disciplinary action taken, a root cause analysis conducted, and related control improvements are implemented if necessary. Suppliers and contract manufacturers We also address human rights in the context of our sourcing. We expect our suppliers to comply with same high standards as our other partners. Our supplier approach supports our efforts described in the DuPont Code of Conduct, the Human Rights Policy and the Safety, Health and Environmental Policy. In 2014, we implemented a DuPont Supplier Code of Conduct. We also achieve our sustainability goals through participation in multi-stakeholder organizations such as the Roundtable on Sustainable Palm (RSPO), the Roundtable on Responsible Soy Association (RTRS), and now also the Sustainable Agriculture Initiative platform (SAI). As of 2017 all our palm oil and derivatives are based on RSPO certified palm (Book & Claim, Mass Balance or Segregated). Safety, Health and Environmental policy – A Core Focus The Safety, Health and Environment policy is based on the principles of sustainable development. We are committed to meet legal, internal, and other requirements, to which we describe, to prevent pollution and preserve resources and to prevent injury and ill health of our employees. DuPont Group is working to increase shareholder and societal value while striving for the goal of zero for all safety and environmental incidents. In 2019, DuPont Nutrition Biosciences ApS continued this journey, being committed to zero. Throughout DuPont Group’s manufacturing sites, we have applied management systems to assess, improve, and track environmental, health and safety performance of our own operations. The performance is reported to the DuPont Nutrition & Health leadership team and DuPont Group corporate routinely. "In our 2017 CDP Climate Change submission, we identify opportunities related to climate change, including the need for climate adaptation, and how DuPont considers this need in future product opportunities.We lead the market with practical and sustainable solutions that yield ample and nutritious food supplies. We believe there is a science to feeding the world, and as a leader in Nutrition, we are committed to battling food insecurity, improving nutrition, and ensuring the safety of the food supply." Human rights "DuPont businesses systematically perform human rights reviews on an on-going basis for Contract Manufacturers and Field Labor. In addition, DuPont has the following policies and processes in place to uphold the protection and advancement of human rights wherever we operate:• Corporate policy on human rights• Human rights governance process (which includes a senior vice president, a steering team, and a leadership team)• Suppliers screenings for human rights• Requirement of adherence to human rights in our contracts• Periodic contract administration on-site assessments• Periodic Safety, Health and Environment audits of contractors the includes a human rights assessment" Corporate Social Responsibility "Sustainability is an important part of DuPont's culture. Description of the Company's sustainability policy is to be found on the webpage for the DuPont group. https://www.dupont.com/about/sustainability.html"
28-05-2020

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