15 Investor presentation Full year 2021 Financial results – Full year of 202 In DKK million Sales Gross profit Gross margin Sales and distribution costs Percentage of sales Research and development costs Percentage of sales Administration costs Percentage of sales Other operating income and expenses Operating profit Operating margin Financial items (net) Profit before income tax Income taxes Effective tax rate Net profit Diluted earnings per share (DKK) Full year 2021 140,800 117,142 83.2% (37,008 ) 26.3% (17,772 ) 12.6% (4,050 ) 2.9% 332 58,644 41.7% 436 59,080 (11,323 ) 19.2% 47,757 20.74 CER: Constant exchange rates
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