Grants 2022 (DKK)

Lauritzen Group employees:

Education. social and special grants

1.348.000

External grants:

Shipping and seafarers interests

15.720.000

Social work

27.439.000

Culture

8.385.000

Lauritzen relatives

1.126.000

Grants total

54.018.000

Wite-downs on former grants

-1.776.000

Total

52.242.000

Excerpt from Income Statement 2022

Rent income from the Foundation's properties

2.722.000

Properties' operation costs

-2.180.000

Foundations' administration incl. staff cost

-16.526.000

Operating profit/loss before depreciation

-15.984.000

Balance sheet

Assets

Properties

40.088.000

Investments in subsidiaries

7.509.778.000

Receivables

5.359.000

Securities

388.082.000

Cash

103.202.000

Total assets

8.046.509.000

Equity & Liabilities

Equity

7.959.672.000

Approved not yet paid grants

83.720.000

Other debt

3.117.000

Total Equity & Liabilities

8.046.509.000

Distribution of Lauritzen Fonden's assets:

As a commercial foundation our task can be divided into two: 1) maintaning and running our subsidiaries. 2) granting financial support to humanitarian and social projects. Thus we are not like the traditional humanitarian foundation only focusing on philantrophy. Our assets are, as depicted in the chart above, primarily bound up in stocks. The cash flow from investments determines the amount of which we distribute grants from.

  •  

    Lauritzen Fonden Holding ApS (93%)

  •  

    Securities and cash funds (6%)

  •  

    Property and other assets (1%)

Annual Report 2022

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Annual Report 2021

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Annual Report 2020

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Annual Report 2019

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Annual Report 2018

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Annual Report 2017

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Tranegårdsvej 20 | 2900 Hellerup | CVR-nr. 15 45 36 13

Tel. +45 3396 8425  | kontakt@lauritzenfonden.com