FC Helsingør A/S has just called the shareholders to the ordinary general meeting. In that connection, the annual report has been sent to the shareholders. The key figures look as follows:
The loss for the financial year amounts to DKK 6.196.737 compared with DKK 12.273.789 last year. Equity is now positive at DKK 1.027.262 as of 30 June 2023, whereas it was negative by DKK 23.791.665 on 30 June 2022.
A debt forgiveness of just under DKK 23.000.000 and cash injections from local investors of more than DKK 8.000.000 have secured positive equity in the financial year.
The company's total debt has been reduced by DKK 28.688.712 in the financial year 2022/2023. The company's working capital (current assets less current liabilities) is positive at DKK 472.394 as of 30 June 2023. On the same date last year, working capital was negative by DKK 24.483.700. The company's fixed assets recorded at DKK 745.956 consist of equipment at Helsingør stadium, including seats, stall fittings and LED boards. Values of player rights are recorded at DKK 0,00. The company's current assets consist of receivables and cash, while current liabilities relate to day-to-day operations.
The board is satisfied with the execution of the strategy plan and is delighted that the club's financial foundation has been significantly strengthened. New local investors continue to come in, subscribing for shares at a price of 100. The complete annual report with auditor's statement has been approved by the board and circulated to the company's shareholders. The annual report is expected to be approved at the general meeting on 26 October 2023, after which it will be published in full.
