Koppers Denmark Aps

Ledelsesberetning

DKK'000 20242023202220212020Key figuresGross profit 80.51575.82372.15954.32345.179Operating profit 33.53033.70036.85327.53219.287Profit from financial income and expenses -1.000 1471.0658701.101Profit from the year 25.375 27.37529.81322.25516.908Fixed assets 479.363439.905310.329250.280229.098Current assets 96.98499.376112.396152.974123.171Total assets 576.347539.281429.346403.254352.269Equity 342.975317.600290.225260.412238.157Current liabilities other than provisions 158.074157.65067.27694.08476.017Investment in property, plant and equipment 71.004157.13886.30739.60062.755RatiosReturn on invested capital 5,5%7,3%10,6%9,3%8,2%Current ratio 61,4%63,0%167,1%162,6%162,0%Return on equity7,7%9,0%10,8%9,2%7,4%Equity ratio 59,5%58,9%67,6%64,6%67,6%Other key figuresAverage number of full-time employees 1041081008983Average invested capital Fixed assets start/end of year 2 Return on invested capital Profit for the year * 100 Average invested capital Current Ratio Current assets * 100 Current liabilities Return on equity Profit from the year * 100 Average equity Equity ratio Equity * 100 Total assets Events after the balance sheet date No events have occurred after the balance sheet date that materially affect the financial position of the Company at 31 December 2024. Development in activities and financial position Operating profit for the year came in at DKK 33,5 million against an operating profit of DKK 33,7 million in 2023. The result in 2024 have declined compared to 2023 due to lower level of activity. Operating profit for the year is considered satisfactory and in line with expectations. Operating profit for 2025 is expected to be in line with operating profit for 2024. Outlook For 2025, operating profit is expected to be in line with the operating profit for 2024. Environmental matters Koppers Denmark ApS seeks the lowest possible impact on its surroundings by taking measures to optimise the consumption of raw materials and energy, minimise waste from processes, minimise the risk of accidents and reduce the consequences of accidents as well as minimise any harmful influence on employees and the environment. New and existing processes are adapted and improved while accounting for an overall assessment of the technical and economic feasibility and social requirements for the environment, safety and health. The Company cooperates openly with the competent authorities on issues in this regard. Koppers Denmark ApS has prepared environmental accounts since 1994. Research and development activities In 2024 the Koppers Group continued a development project that is aimed at changing and improving the value of the distilled products from the production plant. The development project is run at full capacity in 2024. The Koppers Group is convinced that resources used in this area are sufficient to maintain a leading position.

Beskrivelse af virksomhedens væsentligste aktiviteter

Principal activities Koppers Denmark ApS’ principal activity is the distillation of crude coal tar, a by-product obtained by conversion of coal to coke. The finished products produced from the distillation of crude tar are:  The main product, pitch, which is sold to the aluminium industry.  Carbon black feedstock oil, which is used for rubber production (primarily tires).  Creosote oil, which is used for wood preservation.  Naphthalene oil, which is distributed to the dye and plastics industries and as a strength-improving agent in concrete and other tar petroleum products.  Other specialty products that are used in the chemical industry.