Gabriel_Annual_Report_2024-25 - Flipbook - Page 85
CONTENTS // CONSOLIDATED FINANCIAL STATEMENTS AND PARENT COMPANY FINANCIAL STATEMENTS // NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS AND PARENT COMPANY FINANCIAL STATEMENTS
1
Segment information
The Gabriel Group is accountable for continuing operations in two business segments:
Significant customers of continuing operations
No customers in the Group account for more than 10% of Group revenue. This was also the case in 2023/24 for the continuing operations.
Fabrics, where all products are furniture fabrics and related textiles. The products are sold to selected leading international manufacturers and key account customers specialising in upholstered furniture, seating and upholstered surfaces. The products for the individual business areas go through substantially the same production process, and the sales divisions have the same type of customers.
In addition, the product distribution channels are the same. For 2022/23, FurnMaster is no longer shown under “Fabrics” in the segment
information as it is classified as a discontinued operation.
Geographical information
Geographical information specifies revenue by territory, based on the geographical location of the customers.
Revenue and non-current assets except investments in the joint venture and deferred tax assets are distributed across markets as
follows:
Rental offices let by Gabriel Ejendomme A/S, which lets office premises in Gabriel Erhvervspark, Aalborg.
CONSOLIDATED
CONSOLIDATED
2024/25
tDKK
Total segment revenue
Depreciation/amortisation
Operating profit (EBIT)
Share of profit after tax in joint ventures
Finance income
Finance costs
Segment profit before tax
Tax on profit for the year
Segment profit after tax
Fabrics
512,078
-38,086
41,816
2,815
4,634
-16,771
32,493
-8,681
23,812
Rental offices
8,477
-1,502
2,284
1
-1,002
1,284
-282
1,002
Elimination
-4,586
-509
509
-
Group total
515,969
-39,588
44,100
2,815
4,126
-17,264
33,777
-8,963
24,814
Addition of non-current assets
Investments in joint venture
Segment assets
Segment equity and liabilities
14,196
35,227
423,716
374,885
726
79,621
52,032
-15,614
14,922
35,227
503,337
411,303
2023/24
tDKK
Total segment revenue
Depreciation/amortisation
Operating profit (EBIT)
Share of profit after tax in joint ventures
Finance income
Finance costs
Segment profit before tax
Tax on profit for the year
Segment profit/loss after tax
480,214
-35,762
17,923
890
4,394
-19,755
3,453
-5,335
-1,881
7,569
-1,327
1,750
-1,201
549
-121
428
-4,300
-633
633
-
483,482
-37,089
19,673
890
3,761
-20,323
4,002
-5,455
-1,453
Addition of non-current assets
Investments in joint venture
Segment assets
Segment equity and liabilities
18,181
32,878
434,423
413,157
928
80,012
53,245
-14,502
19,109
32,878
514,435
451,899
tDKK
Denmark, fabrics
Denmark, rental offices
Other European countries
North America
Asia and other territories
2
Revenue
2024/25
29,714
3,891
371,001
51,882
59,481
2023/24
32,865
3,269
366,994
34,559
45,797
Other operating income and operating costs
CONSOLIDATED
tDKK
Other operating income
Gains on disposals of non-current assets
Other income
Other operating costs
Losses on disposals of non-current assets
Other costs
3
Non-current assets
2024/25
2023/24
40,558
38,086
78,423
79,164
93,880
94,282
16,609
14,018
7,401
11,419
PARENT COMPANY
2024/25
2023/24
2024/25
2023/24
183
1,231
1,414
392
813
1,205
-
23
23
-1,117
-25
-1,142
-6
-38
-44
-
-
Cost of sales
CONSOLIDATED
tDKK
Cost of sales for the year
Write-down of inventories for the year
Reversal of write-downs on inventories
Production wages
2024/25
-204,911
-218
255
-27,138
-232,012
PARENT COMPANY
2023/24
-206,778
-255
283
-26,647
-233,397
2024/25
-
2023/24
-
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