Aages S.A.
ISIN: ROAAGEACNOR7 | Ticker: AAG | LEI: 254900VRQYFOKK90NX88
Country: Romania
AAGES, a joint stock company located in the center of Romania, has been designing and manufacturing induction heating machines for large range of applications for over 32 years.
AAGES was founded in 1990 by a group of engineers from the Research and Design Institute for Electrical Engineering (ICPE) Bucharest, branch Targu Mures.
The first products of the company were the static converters for induction heating applications. Partnering with a German company in the late 90’, AAGES developed in less than one year the new family of converter with IGBT transistors and there were delivered more than 1.200 units over the years, practically in all five continents of the globe.
1990
Served areaWorldwide
HeadquartersStr. Agricultorilor Nr. 16, 547530 Singeorgiu de Mures – Romania
| Line item in (ron) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 43,179,018.00 | 50,071,079.00 | 55,718,446.00 |
| Noncurrent Assets | N/A | 15,136,781.00 | 14,566,954.00 | 14,406,955.00 |
| Property Plant And Equipment | N/A | 14,961,810.00 | 14,429,307.00 | 14,285,984.00 |
| Intangible Assets Other Than Goodwill | N/A | 174,971.00 | 137,647.00 | 120,971.00 |
| Current Assets | N/A | 28,017,039.00 | 35,458,295.00 | 41,251,192.00 |
| Inventories | N/A | 15,379,608.00 | 12,496,935.00 | 19,332,580.00 |
| Trade And Other Current Receivables | N/A | 4,222,179.00 | 7,737,053.00 | 8,693,787.00 |
| Current Prepaid Expenses | N/A | 25,198.00 | 45,830.00 | 60,299.00 |
| Other Current Financial Assets | N/A | 1,283,881.00 | 1,374,350.00 | 5,074,770.00 |
| Cash and cash equivalents | 6,468,238.00 | 7,131,371.00 | 13,849,957.00 | 8,150,055.00 |
| Equity And Liabilities | N/A | 43,179,018.00 | 50,071,079.00 | 55,718,446.00 |
| Equity | N/A | 28,504,774.00 | 31,562,022.00 | 36,254,474.00 |
| Issued Capital | N/A | 2,706,342.00 | 2,000,000.00 | 2,000,000.00 |
| Retained Earnings | N/A | 22,097,325.00 | 25,172,408.00 | 29,370,602.00 |
| Treasury Shares | N/A | 180,000.00 | 180,000.00 | 32,550.00 |
| Other Reserves | N/A | 700,998.00 | 700,998.00 | 691,745.00 |
| Equity Attributable To Owners Of Parent | N/A | 26,253,617.00 | 29,120,203.00 | 33,648,095.00 |
| Noncontrolling Interests | N/A | 2,251,157.00 | 2,441,819.00 | 2,606,379.00 |
| Liabilities | N/A | 14,104,662.00 | 17,886,955.00 | 18,676,696.00 |
| Noncurrent Liabilities | N/A | 1,294,448.00 | 3,772,930.00 | 1,265,102.00 |
| Noncurrent Government Grants | N/A | 569,582.00 | 418,353.00 | N/A |
| Other Noncurrent Liabilities | N/A | 0.00 | 1,852.00 | 0.00 |
| Current Liabilities | N/A | 12,810,214.00 | 14,114,025.00 | 17,411,594.00 |
| Trade And Other Current Payables | N/A | 4,783,894.00 | 7,292,479.00 | 8,701,554.00 |
| Other Current Liabilities | N/A | 680,339.00 | 1,019,096.00 | 1,210,636.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 7,345,981.00 | 5,802,450.00 | 7,499,404.00 |
| Line item in (ron) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 29,769,912.00 | 36,277,433.00 | 46,515,629.00 |
| Revenue From Sale Of Goods | 27,831,259.00 | 38,828,205.00 | 38,270,636.00 |
| Changes In Inventories Of Finished Goods And Work In Progress | -1,115,028.00 | 3,148,814.00 | -6,909,089.00 |
| Raw Materials And Consumables Used | 12,220,518.00 | 13,889,562.00 | 19,519,432.00 |
| Employee Benefits Expense | 9,364,160.00 | 10,508,726.00 | 12,368,552.00 |
| Depreciation And Amortisation Expense | 920,720.00 | 965,425.00 | 834,117.00 |
| Profit Loss From Operating Activities | 2,421,660.00 | 5,205,719.00 | 7,891,197.00 |
| Finance Income | 395,977.00 | 284,450.00 | 602,213.00 |
| Finance Costs | 713,651.00 | 459,835.00 | 1,219,142.00 |
| Profit Loss Before Tax | 2,103,986.00 | 5,030,334.00 | 7,274,268.00 |
| Profit (loss) | 2,000,736.00 | 4,579,610.00 | 6,901,149.00 |
| Profit Loss Attributable To Owners Of Parent | 1,919,296.00 | 4,331,444.00 | 6,387,611.00 |
| Profit Loss Attributable To Noncontrolling Interests | 81,440.00 | 248,166.00 | 513,538.00 |
| Line item in (ron) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 2,000,736.00 | 4,579,610.00 | 6,901,149.00 |
| Interest Paid Classified As Operating Activities | N/A | 378,149.00 | 306,420.00 | 546,504.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | -986,666.00 | -485,296.00 | -575,376.00 |
| Cash Flows From Used In Operating Activities | N/A | 4,318,280.00 | 7,474,128.00 | 1,019,200.00 |
| Other Cash Payments To Acquire Interests In Joint Ventures Classified As Investing Activities | N/A | 180,000.00 | 200,000.00 | 135,402.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 0.00 | 4,000.00 | 364,084.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 179,659.00 | 0.00 | 1,500,011.00 |
| Dividends Received Classified As Investing Activities | N/A | 0.00 | 57,533.00 | 350,000.00 |
| Interest Received Classified As Investing Activities | N/A | 45.00 | 44.00 | 15.00 |
| Cash Flows From Used In Investing Activities | N/A | -359,614.00 | -243,845.00 | -1,751,944.00 |
| Repayments Of Borrowings Classified As Financing Activities | N/A | 39,123,775.00 | 29,057,586.00 | 57,579,311.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 17,791.00 | 57,799.00 | 21,688.00 |
| Dividends Paid Classified As Financing Activities | N/A | 2,100,000.00 | 1,120,038.00 | 2,701,842.00 |
| Cash Flows From Used In Financing Activities | N/A | -3,295,533.00 | -511,697.00 | -4,967,158.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 663,133.00 | 6,718,586.00 | -5,699,902.00 |
| Cash and cash equivalents | 6,468,238.00 | 7,131,371.00 | 13,849,957.00 | 8,150,055.00 |
Please note that some sums might not add up.
ROAAGEACNOR7
LEI254900VRQYFOKK90NX88
SectorIndustrial Machinery & Supplies & Components
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