N.G.P Tobacco Aps

Beskrivelse af virksomhedens væsentligste aktiviteter

Primary activitiesThe company’s primary activities are to sell, produce, and develop non-smoke nicotine and tobacco products.

Beskrivelse af udviklingen i virksomhedens aktiviteter og økonomiske forhold

Development in activities and financesThe financial year shows a profit after tax of t.DKK 15,165 against last year’s profit after tax of t.DKK 7,599.
The management considers the year's result satisfactory and in line with expectations. During the year, the company underwent a major relocation to a new factory facility, which resulted in significant downtime. Despite these challenges, the company was able to keep up with incoming orders, thanks to a skilled team of employees and strong collaboration with our dedicated partners.
During the year, the company successfully completed a planned expansion of the production capacity at the new facility. In addition, several strategic initiatives were implemented during the year to ensure and enhance product quality. Notably, the establishment of an in-house laboratory represents a significant step towards continuously safeguarding product safety and maintaining high-quality standards in our products.
The financial year shows an equity of t.DKK 29,882 against last year’s equity of t.DKK 14,716. The Management considers the development of equity to be highly positive, as it continues to reflect strong capital generation and effective equity leverage in a currently turbulent global market.

Beskrivelse af virksomhedens forventede udvikling

OutlookThe company anticipates continued positive growth in its activities, primarily driven by the expansion of the market for smoke-free nicotine products across Europe and international markets. Furthermore, substantial market potential is identified in regions that have not yet adopted smoke-free nicotine products, particularly among consumers seeking alternatives to conventional nicotine products.
In response to these market dynamics, the company has invested in additional production facilities and capacity expansions to effectively meet the growing demand. Additionally, the management maintains a strategic focus on the recruitment and training of its skilled personnel to support and strengthen sustainable growth. Based on these initiatives, the management anticipates a substantial increase in gross profit for the forthcoming financial year.
The company's activity and financial performance may be impacted by changes in national regulations governing nicotine products, although such regulatory changes generally involve a defined legislative process and implementation period. The management considers this regulatory development to be favorable, as it has the potential to reduce illegal cross-border trade and counterfeit products, thereby promoting a harmonized market for all participants.
Management expects a profit after tax for the forthcoming financial year in the range t.DKK 20,000 - 40,000.