The company Raaco A/S in Nykøbing Falster ended 2024 with a modest profit of 49,000 kroner. This is a significant drop compared to the previous year, where the bottom line was a good 6 million kroner.
Behind the result are several one-off costs, which according to management, should pave the way for growth in the coming years. The operating result was 2.6 million kroner - well below the 2023 level of 10.2 million kroner.
However, management considers the result satisfactory, given the uncertainty about raw material prices and a year marked by continued inflation.
Equity of 79 million kroner
Turnover fell slightly, and the company has significantly reduced investments in fixed assets. In 2024, 793,000 kroner was invested - compared to 3.3 million kroner the year before.
The equity at the end of the year amounted to just under 79 million kroner, and a dividend of 4 million kroner was paid out.
The number of employees increased in 2024 to an average of 99 at group level - five more than the year before. According to the annual report, unskilled production workers make up 42 percent of the employees, while 30 percent are skilled and 28 percent work in administration.
Raaco develops and produces storage systems for industry, craftsmen, and technicians - and sells both through its own companies and distributors abroad.
The company expects increased activity in 2025.
