BAR DJUS (BARDJU) H2 2025 earnings summary

Executive summary

• Transitioned from establishment to scaling phase in 2025, focusing on growth and improved earnings.

• Relocated to new facilities to enable more efficient and scalable production, incurring one-time costs.

• Initiated preparations for a potential listing on Nasdaq First North Growth Market.

Financial highlights

• Revenue grew 28% year-over-year to DKK 20.3 million from DKK 15.8 million.

• Gross profit increased to DKK 6.5 million from DKK 5.0 million in 2024.

• EBIT was DKK 0.9 million; EBITDA reached DKK 1.1 million, with a margin of about 5%.

• Net income for the year was DKK 422,371, up from DKK 403,634 in 2024.

• Equity rose to DKK 4.8 million from DKK 1.5 million, supported by a capital increase.

Outlook and guidance

• Expects continued growth in 2026 driven by expanded distribution and improved market penetration.

• Anticipates gradual improvement in EBITDA margin, targeting a structural margin of 10% or higher.