Hans Følsgaard A/S

Ledelsesberetning

Business review Hans Følsgaard offers high-tech products and solutions to customers primarily in the manufacturing and infrastructure sectors and is driven by creating in-design solutions and tailoring products solving the customers’ need with a TCO-sustainability approach. Financial reviewThe income statement for 2024/25 shows a profit of DKK 62,504 thousand against a profit of DKK 27,970 thousand last year, and the balance sheet at 31 March 2025 shows equity of DKK 174,603 thousand. Last year’s profit was negatively affected by 25 mio.kr. regarding a non-ordinary cost. The amount was included in production costs / cost of sales. The result is positively affected by the improvements taken the recent years, including optimization of inventory and purchasing processes as well as strengthened sales efforts.Management considers the Company's financial performance in the year satisfactory.Financial risks and use of financial instrumentsThe company supplies high- quality advice which is a core element of the overall service. Future earnings are therefore highly dependent on the Company’s knowledge resources. These knowledge resources comprise primarily highly skilled employees and related professional business partners. The Company has prepared internal policies to ensure that the employees’ competencies in the relevant areas are continuously maintained and developed. Research and development activitiesI connection with the desire to create added value for the customers, the company continuously develops and adapts products in a close cooperation with both suppliers and customers. To support this, the company has established an Innovation Lab, which makes knowledge and skills available to the customers, who are also invited to collaborate with the Innovation Lab to find simple and effective solutions.Events after the balance sheet dateNo events materially affecting the Company's financial position have occurred subsequent to the financial year-end. OutlookIncreased customer activity is expected for the coming year compared to 2024/25.Despite some uncertainty in the economic situation, the outlook for the coming year is favourable given our strong strategic positions and our focus on the green shift.The company continues to focus on building new markets and product areas, and it is expected that the operating profit for 2025/26 will be in a range of DKK 55-75 million.