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Prime Office

ISIN: DK0060137594 | Ticker: PRIMOF | LEI: 529900NIF11WK935XH53
Sector: Real EstateSub-Industry: Real Estate Development
Country: Denmark

About Prime Office

Company Description

Prime Office A/S invests in attractive and well-located German residential, office and commercial properties. The shares in Prime Office A/S are admitted to trading and officially listed on Nasdaq OMX Copenhagen A/S. On 27 May 2015, the company's share capital was increased by DKK 106,444 thousand in connection with a rights issue for the company's existing shareholders. On 16 October 2017, the company's share capital was increased by DKK 15 million. DKK in connection with a rights issue ,and in 2019 a rights issue of DKK 15 million was made. DKK.

Prime Office A/S strives to ensure a high level of information about the current and expected future situation of the company so that the market, shareholders, new investors, analysts, portfolio managers and other interested parties always have access to correct and sufficient information about Prime Office A/S.

Year founded

2007

Headquarters

Sønder Allé 6, 2. sal, 8000 Århus – Denmark

Financial statements

Download as Excel
Line item in (dkk) 02.01.2020 01.01.2021 02.01.2021 01.01.2022 01.01.2023
Assets N/A 3,242,895,000.00 N/A 3,468,975,000.00 3,794,774,000.00
Noncurrent Assets N/A 3,143,277,000.00 N/A 3,328,316,000.00 3,595,082,000.00
Construction In Progress N/A 0.00 N/A 10,080,000.00 38,715,000.00
Other Property Plant And Equipment N/A 335,000.00 N/A 158,000.00 86,000.00
Investment Property N/A 3,142,942,000.00 N/A 3,318,078,000.00 3,411,769,000.00
Investments In Subsidiaries N/A N/A N/A 0.00 0.00
Current Assets N/A 99,618,000.00 N/A 140,659,000.00 199,692,000.00
Current Trade Receivables N/A 9,968,000.00 N/A 8,765,000.00 18,033,000.00
Current Prepayments N/A 106,000.00 N/A 74,000.00 0.00
Other Current Receivables N/A 6,625,000.00 N/A 5,611,000.00 30,735,000.00
Cash and cash equivalents N/A 82,919,000.00 N/A 126,209,000.00 150,924,000.00
Cash N/A 82,919,000.00 N/A 126,209,000.00 150,924,000.00
Equity And Liabilities N/A 3,242,895,000.00 N/A 3,468,975,000.00 3,794,774,000.00
Equity 1,180,511,000.00 1,395,392,000.00 1,395,392,000.00 1,646,133,000.00 1,959,284,000.00
Issued Capital N/A 189,666,000.00 N/A 189,666,000.00 189,666,000.00
Retained Earnings N/A 1,252,338,000.00 N/A 814,692,000.00 923,711,000.00
Equity Attributable To Owners Of Parent N/A 833,157,000.00 N/A 984,618,000.00 1,215,806,000.00
Noncontrolling Interests N/A 562,236,000.00 N/A 661,515,000.00 743,478,000.00
Liabilities N/A 1,847,503,000.00 N/A 1,822,842,000.00 1,835,490,000.00
Noncurrent Liabilities N/A 1,712,047,000.00 N/A 1,727,288,000.00 1,760,615,000.00
Deferred Tax Liabilities N/A 182,362,000.00 N/A 215,199,000.00 251,446,000.00
Noncurrent Financial Liabilities At Amortised Cost N/A 1,455,723,000.00 N/A 1,454,649,000.00 1,449,348,000.00
Current Liabilities N/A 135,456,000.00 N/A 95,554,000.00 74,875,000.00
Trade And Other Current Payables To Trade Suppliers N/A 11,980,000.00 N/A 16,623,000.00 25,777,000.00
Trade And Other Current Payables To Related Parties N/A N/A N/A 0.00 0.00
Current Tax Liabilities Current N/A 11,704,000.00 N/A 2,750,000.00 111,000.00
Current Financial Liabilities At Amortised Cost N/A 4,013,000.00 N/A 913,000.00 1,954,000.00
Other Current Liabilities N/A 82,917,000.00 N/A 41,896,000.00 15,360,000.00
Line item in (dkk) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 179,232,000.00 182,655,000.00 188,673,000.00
Profit Loss From Operating Activities 112,675,000.00 116,121,000.00 113,997,000.00
Finance Income 659,000.00 33,000.00 87,000.00
Finance Costs 30,136,000.00 28,741,000.00 28,046,000.00
Other Income Expense From Subsidiaries Jointly Controlled Entities And Associates N/A 0.00 0.00
Profit Loss Before Tax 273,717,000.00 274,331,000.00 166,291,000.00
Income Tax Expense Continuing Operations 37,772,000.00 22,653,000.00 10,607,000.00
Profit (loss) 235,945,000.00 251,678,000.00 155,684,000.00
Profit Loss Attributable To Owners Of Parent 146,227,000.00 153,342,000.00 109,019,000.00
Profit Loss Attributable To Noncontrolling Interests 89,718,000.00 98,336,000.00 46,665,000.00
Line item in (dkk) 01.01.2021 01.01.2022 01.01.2023
Profit (loss) 235,945,000.00 251,678,000.00 155,684,000.00
Adjustments For Income Tax Expense -12,165,000.00 -2,531,000.00 N/A
Adjustments For Depreciation And Amortisation Expense 116,000.00 107,000.00 72,000.00
Adjustments For Unrealised Foreign Exchange Losses Gains -237,000.00 0.00 0.00
Cash Flows From Used In Operations 100,750,000.00 109,226,000.00 107,930,000.00
Interest Paid Classified As Operating Activities 30,136,000.00 26,694,000.00 28,046,000.00
Interest Received Classified As Operating Activities 659,000.00 33,000.00 87,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 2,531,000.00 7,396,000.00
Cash Flows From Used In Operating Activities 71,273,000.00 82,565,000.00 79,971,000.00
Proceeds From Other Longterm Assets Classified As Investing Activities 0.00 70,000.00 0.00
Cash Flows From Used In Investing Activities 13,963,000.00 2,519,000.00 -42,104,000.00
Repayments Of Borrowings Classified As Financing Activities 16,613,000.00 24,040,000.00 3,578,000.00
Dividends Paid Classified As Financing Activities 0.00 18,869,000.00 0.00
Cash Flows From Used In Financing Activities -22,713,000.00 -50,227,000.00 -13,135,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents -55,000.00 -28,000.00 -17,000.00
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes 62,523,000.00 34,857,000.00 24,732,000.00
Cash and cash equivalents 82,919,000.00 126,209,000.00 150,924,000.00

Please note that some sums might not add up.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
DAN
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

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Capital markets information

ISIN

DK0060137594

LEI

529900NIF11WK935XH53

Sector

Real Estate

Industry Group

Real Estate Management & Development

Industry

Real Estate Management & Development

Sub-Industry

Real Estate Development

Listed Stock Exchange

Nasdaq Copenhagen

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