FOSS ANALYTICAL A/S — Financial report

CVR 73399815

Latest financial period

2025 • 2025-01-01 • 2025-12-31 • entity • DKK • 1931732000 • 1291284000 • 614650000 • 473293000 • 990330000 • 512846000 • 676

Financial history

2024 • 2024-01-01 • 2024-12-31 • entity • DKK • 1809393000 • 1085063000 • 519881000 • 402148000 • 874036000 • 434811000 • 648
2023 • 2023-01-01 • 2023-12-31 • entity • DKK • 1760406000 • 1019891000 • 507295000 • 393857000 • 830270000 • 437212000 • 600
2022 • 2022-01-01 • 2022-12-31 • entity • DKK • 1782702000 • 952348000 • 475858000 • 363467000 • 777625000 • 405890000 • 591
2021 • 2021-01-01 • 2021-12-31 • entity • DKK • 1660314000 • 927366000 • 479039000 • 366798000 • 703445000 • 409282000 • 577
2020 • 2020-01-01 • 2020-12-31 • entity • DKK • 1579750000 • 903223000 • 468593000 • 341425000 • 724295000 • 383692000 • 590
2019 • 2019-01-01 • 2019-12-31 • entity • DKK • 1464609000 • 768756000 • 340494000 • 250741000 • 636776000 • 285306000 • 572
2018 • 2018-01-01 • 2018-12-31 • entity • DKK • 1566023000 • 839306000 • 422984000 • 312801000 • 725312000 • 342296000 • 567
2017 • 2017-01-01 • 2017-12-31 • entity • DKK • 1539367000 • 432533000 • 319613000 • 739592000 • 371426000 • 550
2016 • 2016-01-01 • 2016-12-31 • entity • DKK • 1406491000 • 376436000 • 281527000 • 705130000 • 307427000 • 503
2015 • 2015-01-01 • 2015-12-31 • entity • DKK • 1241133000 • 249417000 • 198473000 • 591082000 • 282160000 • 500

Annual report highlights

primary activities • Main Activity FOSS creates solutions that secure and improve food quality and optimize production. From raw material to finished product. Our analysis instruments refine measurements into information management that enables businesses to run intelligent data-driven productions with less waste and bigger yields. Controlling cost and quality across all sectors and value chains, we help food and agricultural producers limit the number of human errors, scale their business faster and reduce labour costs. We call these analytics beyond measure. We cover these food and agricultural industries: Dairy, Feed & Forage, Grain, Flour Milling & Oilseed Pro-cessing, Laboratories, Meat, Raw Milk Testing and Wine & Beer. FOSS Analytical A/S is 100% owned by FOSS A/S which is part of the N. Foss & Co. A/S consolidated group accounts (Ultimate Parent Company). FOSS Analytical A/S develops and produces its products in Denmark and markets them worldwide through affiliated companies, independent distributors and directly. To support it’s main activities, FOSS Analytical A/S owns 100% of Softlow (Hungary). • entity
expected development • Investments in sales and distribution activities as well as product development activities will continue in 2026. Management expects this to strengthen FOSS Analytical A/S’ market position and contribute to fulfil the growth strategy for the Company in supplying high quality solutions for the increasing demand of food quality. It is the expectation that the Company will see increasing revenue and profit before tax on 7% to 9% in the coming year. • entity
management review • Management Commentary The FOSS mission FOSS contribute to the sustainable use of our planet’s agricultural resources and thus to the nutrition and health of the people of the world. FOSS provide analytics beyond measure to add value to our customers by improving quality and optimising food and agricultural production. Research & Development Activities The effort within Research & Development for generating new products and further development of existing products constitutes an important part of the FOSS values. A number of product improvements are constantly being developed whilst the product development constantly results in introduction of new products to both new as well as existing customer segments. Making sustainability a better business while improving food quality FOSS creates solutions that secure and improve food quality and optimize production. From raw material to finished product. The analysis instruments refine measurements into information management that enables business to run intelligent data-driven productions with less waste and bigger yields. Our world-leading analytical solutions makes a tangible difference for the food and agricultural industry and its use of the world’s valuable natural resources – while at the same time improving product quality and saving time and money. FOSS takes what used to be complex, time consuming, and expensive and makes it fast, dedicated, and easy-to-use. Our innovation renders elements such as manual registration, laboratory experts and the use of chem-icals unnecessary, and replaces it with intelligent solutions that give you data to act on and the power to control, optimise and run a business based solely on high quality insights and cutting-edge innovation. This has made us a crucial companion in the development of the new food and protein sources of the future. External Environment Our policy is based on an environmental proper operation and external environment is a natural part of the targets in the Company related to product quality and production. FOSS Analytical A/S currently does not have, nor in recent times has it had, court cases related to environmental matters. Knowledge Development, production and marketing of high technology analytical solutions demand highly skilled employ-ees. In order to preserve the Company’s ability to satisfy our global customers’ demand for dedicated analytical solutions it is a prerequisite that we maintain the extensive specialist knowledge and other competencies, which are deeply rooted in the organization. This is ensured through continued maintenance, education and recruiting of competent and dynamic employees on all levels. Considerable resources are used in order to make this possible. In addition, focus on employer branding to attract and retain talent and experts is high. Risk Operating Risk The main operating risk for the Company is concerning the ability to be strongly positioned in the market and at the cutting edge of the technological development for end-to-end solutions that secure and improve food quality. This risk is influenced by broader macroeconomic factors such as a potential global economic slowdown and shifts in global food demand. The Company mitigates these risks through continuous innovation, close collaboration with customers, a broad product portfolio across multiple food segments and regions, and an ongoing focus on operational efficiency and commercial agility. The Company has entered longer-term contracts with key suppliers for delivery of components that are a part of production in the aim of securing a stable supply and a higher predictability in price development. In recent years our offering to the market contains more digital offerings as well as more online and interface connections within our IT infrastructure. It is our aim to continuously reduce our risk of being compromised and thus significant resources for improving the Group’s IT infrastructure and security are being invested. Financial risk The financial risk is primarily related to changes in currency exchange rates. Currencies with possible highest impact is USD, AUD and CNY. Credit risk The main credit risk for the Company derives from ordinary customer transactions with restrictive guidelines for trade with new customers and customers located in zones of particular high credit risk while trade with known and credit rated customers are completed on accommodative conditions. These conditions have his-torically resulted in very few losses on debtors. Development in activities and financial conditions Revenue increased by 6.8% to DKK 1,932 million (DKK 1,809 million in 2024), in line with management’s expectations of 6-8% growth. Gross profit amounts to DKK 1,291 million (DKK 1,139 million in 2024). Operating profit amounts to DKK 615 million (DKK 520 million in 2024), corresponding to an operating profit margin of 31.8% (including non‑recurring costs), compared to 28.7% in 2024. Profit before tax amounts to DKK 601 million (DKK 513 million in 2024), corresponding to an increase of 17.1%. The increase surpassed the expected 6–8% and is attributable to an improved gross margin from a favorable product mix, enhanced operational performance, and sustained profitability efforts. Profit for the year increased by 18.5% to DKK 477 million (DKK 402 million in 2024). The average number of employees in 2025 was 676 (648 in 2024). • entity
recognition measurement uncertainty • There are no significant uncertainties related to the annual report according to the management. Unusual circumstances The annual report is not impacted by any unusual circumstances. • entity
subsequent events • No events have occurred after the balance sheet date to this date, which would influence the evaluation of this annual report. • entity
subsequent events • No events have occured after the balance sheet date to this date, which would influence the evaluation of this annual report. • entity
contingent liabilities • 20 Contingent assets and liabilitiesLe as e co mmit men t s 1.388 2.244 1.388 2.244 Guarantees etc.:Purchase obligations under longterm agreements do not exceed 115.934 73.832 Security concerning credit cards 1.445 1.445 The parent company and its Danish subsidiaries are a part of a Danish joint taxation of which N. FOSS & Co. A/Sis the administrative entity. The company is liable f or potential obligations f or withholding taxes on interest,royalties and dividends and from January 1st, 2013 for company taxes within the joint taxation according tothe company taxation law. • entity