H1, 2023

To Nasdaq OMX Copenhagen A/S

Company announcement no. 545
August 30^th, 2023

INTERIM REPORT JANUARY 1^ST, 2023 – JUNE 30^TH, 2023 (H1 2023)

The H1 2023 report of the fiscal year was reviewed and approved at the Board of Directors meeting.

Highlights

• The revenue for H1 2023 amounted to DKK 74,0 million (H1 2022: DKK 70,5 million), which is in line with expectations.
• The gross profit amounted to DKK 17,9 million in H1 2023 (H1 2022: DKK 18,8 million), the gross profit margin was 24,2% (H1 2022: 26,7%).
  • The margin decline compared to last year relates to higher prices due to inflation on i.e., mechanical parts, electronic components, electricity, and gas. The price increases have not been fully covered by increases in sales prices.
  • The challenges of securing especially electronic components and materials on time have improved, however delays still cause less efficiency within the manufacturing area.
• EBITDA for the period was DKK 8,2 million (H1 2022: DKK 8,6 million).
• Profit before tax for the period H1 2023 was DKK 5,3 million (H1 2022: DKK 5,0 million), corresponding to a result per share (EPS) at DKK 2,3 (H1 2022: DKK 2,2).

For further information please contact:

CEO Henrik Blegvad Funk: phone +45 21 39 05 32

Chairman of the board Flemming Nyenstad Enevoldsen: phone +45 40 43 13 03

Attachments

• 549300S5UFTTWALAFE19-2023-06-30-da
• OMX_545 H1_2023 Company announcement

You May Also Be Interested In

• City of Doral Proclaims October 7th “Amanda Demanda Day” Honoring Founder of Amanda Demanda Injury Lawyers, Entrepreneur and Community Leader
• Agenus to Participate in Chardan’s 10th Annual Healthcare Investor Conference
• Trump says Putin agreed to immediately release more diesel to markets