13 Investor presentation Full year 2023 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) CER: Constant exchange rates 2023 232,261 196,496 84.6% (56,743 ) 24.4% (32,443 ) 14.0% (4,855 ) 2.1% 119 102,574 44.2% 2,100 104,674 (20,991 ) 20.1% 83,683 18.62
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