Board Change • Apr 29
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 6 non-independent directors. Independent Director Lars Rasmussen was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 10
Upcoming dividend of kr.20.00 per share Eligible shareholders must have bought the stock before 17 April 2026. Payment date: 21 April 2026. Payout ratio is a comfortable 50% and this is well supported by cash flows. Trailing yield: 4.4%. Lower than top quartile of Danish dividend payers (4.6%). Lower than average of industry peers (5.5%). New Risk • Feb 16
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.4% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.4% average weekly change). Reported Earnings • Feb 10
Full year 2025 earnings released: EPS: kr.40.14 (vs kr.22.45 in FY 2024) Full year 2025 results: EPS: kr.40.14 (up from kr.22.45 in FY 2024). Revenue: kr.798.7m (up 11% from FY 2024). Net income: kr.40.6m (up 79% from FY 2024). Profit margin: 5.1% (up from 3.1% in FY 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Declared Dividend • Feb 09
Dividend of kr.20.00 announced Dividend of kr.20.00 is the same as last year. Ex-date: 17th April 2026 Payment date: 21st April 2026 Dividend yield will be 4.1%, which is higher than the industry average of 3.1%. Sustainability & Growth Dividend is covered by both earnings (63% earnings payout ratio) and cash flows (34% cash payout ratio). The dividend has remained flat since 10 years ago. However, payments have been volatile during that time. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Announcement • Feb 07
Gyldendal A/S announces Annual dividend, payable on April 21, 2026 Gyldendal A/S announced Annual dividend of DKK 20.0000 per share payable on April 21, 2026, ex-date on April 17, 2026 and record date on April 20, 2026. New Risk • Jan 27
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 3.9% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2025 fiscal period end). Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Announcement • Dec 10
Gyldendal A/S, Annual General Meeting, Apr 16, 2026 Gyldendal A/S, Annual General Meeting, Apr 16, 2026. Reported Earnings • Jul 17
First half 2025 earnings released: EPS: kr.3.69 (vs kr.5.39 loss in 1H 2024) First half 2025 results: EPS: kr.3.69 (up from kr.5.39 loss in 1H 2024). Revenue: kr.355.7m (up 7.0% from 1H 2024). Net income: kr.3.73m (up kr.9.17m from 1H 2024). Profit margin: 1.0% (up from net loss in 1H 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 58% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Apr 23
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Danish stocks, typically moving 9.9% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (9.9% average weekly change). Earnings have declined by 12% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Upcoming Dividend • Apr 04
Upcoming dividend of kr.20.00 per share Eligible shareholders must have bought the stock before 11 April 2025. Payment date: 15 April 2025. Payout ratio is on the higher end at 89%, however this is supported by cash flows. Trailing yield: 6.3%. Within top quartile of Danish dividend payers (4.7%). Higher than average of industry peers (4.6%). New Risk • Feb 11
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 6.5% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 12% per year over the past 5 years. Minor Risk Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Reported Earnings • Feb 09
Full year 2024 earnings released: EPS: kr.22.45 (vs kr.27.02 in FY 2023) Full year 2024 results: EPS: kr.22.45 (down from kr.27.02 in FY 2023). Revenue: kr.722.7m (flat on FY 2023). Net income: kr.22.7m (down 17% from FY 2023). Profit margin: 3.1% (down from 3.8% in FY 2023). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 17% per year, which means it is performing significantly worse than earnings. New Risk • Feb 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 6.9% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (6.9% average weekly change). Large one-off items impacting financial results. Announcement • Dec 23
Gyldendal A/S, Annual General Meeting, Apr 10, 2025 Gyldendal A/S, Annual General Meeting, Apr 10, 2025. New Risk • Sep 25
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Danish stocks, typically moving 5.6% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 21% per year over the past 5 years. Minor Risks Share price has been volatile over the past 3 months (5.6% average weekly change). Large one-off items impacting financial results. Reported Earnings • Feb 09
Full year 2023 earnings released Full year 2023 results: Revenue: kr.720.4k (down 100% from FY 2022). Net income: kr.27.3k (up kr.78.3m from FY 2022). Profit margin: 3.8% (up from net loss in FY 2022). New Risk • Aug 31
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 40% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 34% per year over the past 5 years. Minor Risks High level of debt (40% net debt to equity). Share price has been volatile over the past 3 months (6.2% average weekly change). New Risk • Aug 13
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risk Earnings have declined by 30% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Share price has been volatile over the past 3 months (6.4% average weekly change). Reported Earnings • Feb 12
Full year 2022 earnings released Full year 2022 results: Revenue: kr.705.7m (down 25% from FY 2021). Net loss: kr.78.2m (down 332% from profit in FY 2021). Board Change • Nov 16
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 2 were independent directors. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Tine Thygesen was the last independent director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Aug 27
First half 2022 earnings released: EPS: kr.0 (vs kr.16.67 loss in 1H 2021) First half 2022 results: EPS: kr.0. Revenue: kr.415.8m (flat on 1H 2021). Net loss: kr.35.9m (loss widened 113% from 1H 2021). Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Tine Thygesen was the last independent director to join the board, commencing their role in 2021. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Upcoming Dividend • Apr 01
Upcoming dividend of kr.20.00 per share Eligible shareholders must have bought the stock before 08 April 2022. Payment date: 12 April 2022. Payout ratio is a comfortable 60% but the company is not cash flow positive. Trailing yield: 3.8%. Lower than top quartile of Danish dividend payers (5.4%). In line with average of industry peers (3.7%). Reported Earnings • Feb 13
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr.33.30 (up from kr.3.40 in FY 2020). Revenue: kr.934.8m (up 3.8% from FY 2020). Net income: kr.33.7m (up kr.30.2m from FY 2020). Profit margin: 3.6% (up from 0.4% in FY 2020). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Upcoming Dividend • Apr 14
Upcoming dividend of kr.20.00 per share Eligible shareholders must have bought the stock before 21 April 2021. Payment date: 23 April 2021. Trailing yield: 4.4%. Within top quartile of Danish dividend payers (3.8%). Higher than average of industry peers (3.3%). Is New 90 Day High Low • Mar 01
New 90-day high: kr.480 The company is up 14% from its price of kr.422 on 01 December 2020. The Danish market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Media industry, which is up 12% over the same period. Reported Earnings • Feb 13
Full year 2020 earnings released The company reported a soft full year result with weaker earnings and profit margins, although revenues improved. Full year 2020 results: Revenue: kr.900.4m (up 2.2% from FY 2019). Net income: kr.3.44m (down 79% from FY 2019). Profit margin: 0.4% (down from 1.8% in FY 2019). The decrease in margin was driven by higher expenses. Is New 90 Day High Low • Feb 01
New 90-day high: kr.448 The company is up 6.0% from its price of kr.422 on 03 November 2020. The Danish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 22% over the same period. Is New 90 Day High Low • Jan 06
New 90-day low: kr.414 The company is down 5.0% from its price of kr.436 on 08 October 2020. The Danish market is up 9.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 16% over the same period. Is New 90 Day High Low • Dec 11
New 90-day low: kr.418 The company is down 5.0% from its price of kr.438 on 11 September 2020. The Danish market is up 8.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 21% over the same period. Is New 90 Day High Low • Nov 11
New 90-day low: kr.410 The company is down 8.0% from its price of kr.446 on 13 August 2020. The Danish market is up 5.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Media industry, which is up 14% over the same period.