DSV Financial Performance
FY 2018
FY 2019
FY 2020
Q1 2021
Q2 2021
Q3 2021
Q4 2021
FY 2021
Q1 2022
Q2 2022
Q3 2022
Q4 2022
FY 2022
79,053
94,701
115,932
33,616
37,831
49,557
61,302
182,306
61,125
62,749
60,560
51,231
235,665
61,564
70,947
87,398
25,831
29,498
39,734
49,628
144,691
48,248
48,671
47,022
39,575
183,516
17,489
23,754
28,534
7,785
8,333
9,823
11,674
37,615
12,877
14,078
13,538
11,656
52,149
P&L details - Group
Group (DKKm)
Revenue
Direct costs
Gross profit
Other external expenses
Staff costs
3,036
3,133
3,291
849
818
1,030
1,476
4,173
1,289
1,338
1,431
1,501
5,559
8,241
10,329
11,684
2,920
2,970
3,277
3,858
13,025
3,912
4,039
4,333
4,031
16,315
6,212
10,292
13,559
4,016
4,545
5,516
6,340
20,417
7,676
8,701
7,774
6,124
30,275
EBITDA before special items
Depreciation of right-of-use assets
2,734
2,990
752
730
771
891
3,144
892
912
942
1,037
3,783
Amortisation and depreciation of owned assets
762
904
1,049
197
244
273
336
1,050
288
336
326
338
1,288
EBIT before special items
5,450
6,654
9,520
3,067
3,571
4,472
5,113
16,223
6,496
7,453
6,506
4,749
25,204
Special Items, net costs
800
2,164
154
324
478
404
257
456
1,117
Financial income
131
254
208
(16)
119
(105)
206
67
76
83
380
606
Financial expenses - lease liabilities
383
434
119
108
125
143
495
162
175
181
209
727
Financial expenses
249
606
1,549
110
129
159
154
552
234
417
8
86
745
Profit before tax
5,201
4,996
5,627
3,046
3,318
4,153
4,387
14,904
5,763
6,680
5,944
4,834
23,221
Tax on profit for the period
1,213
1,290
1,369
717
791
992
1,150
3,650
1,377
1,610
1,518
1,045
5,550
Profit for the period
3,988
3,706
4,258
2,329
2,527
3,161
3,237
11,254
4,386
5,070
4,426
3,789
17,671
Gross margin, %
Operating margin, %
Conversion ratio, %
Tax percentage
Blue-collar costs (included in direct costs)
22.1
25.1
24.6
23.2
22.0
19.8
19.0
20.6
21.1
22.4
22.4
22.8
22.1
6.9
7.0
8.2
9.1
9.4
9.0
8.3
8.9
10.6
11.9
10.7
9.3
10.7
31.2
28.0
33.4
39.4
42.9
45.5
43.8
43.1
50.4
52.9
48.1
40.7
48.3
23.3
25.8
24.3
23.5
23.8
23.9
26.2
24.5
23.9
24.1
25.5
21.6
23.9
4,791
5,299
5,274
1,405
1,457
1,553
1,865
6,280
1,802
1,882
1,942
2,021
7,647
Number of full-time employees (end of period)
47,394
61,216
56,621
57,642
59,871
79,325
77,958
77,958
77,358
76,071
76,715
76,283
76,283View entire presentation