Blue Island PLC
ISIN: CY0004941411 | Ticker: BLUE | LEI: 2138003DUDZ8R67LEO26
Country: Cyprus
The core of business of the company is the fish farming and trading of the Mediterranean species Sea Bass and Sea Bream and the trading of fresh fish from open sea fishing.
The company was established in 1993 (under the name Blue Island Fish Farming Ltd) as a mariculture unit. A turning point for the company has been its conversion in 1999 into a Public Company and its listing in the Cyprus Stock Exchange. This development contributed to the growth of the company both in the field of mariculture and in the field of fresh fish trading.
Today the company distinguishes itself in the Cyprus market in the fields of mariculture and fish trading, in addition to its size and its modern organizational structure and infrastructure. Both the structure and the infrastructure of the company are continuously developing, with a view to offering a reliable and complete service to its clients, both in Cyprus and abroad.
1993
Served areaCyprus
Headquarters10 Polyfimou Street, Strovolos Industrial Area, 2033 Strovolos – Cyprus
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Assets | N/A | 21,923,324.00 | 21,948,239.00 |
| Noncurrent Assets | N/A | 9,143,266.00 | 9,383,376.00 |
| Property Plant And Equipment | N/A | 8,408,657.00 | 8,713,529.00 |
| Goodwill | N/A | 663,117.00 | 656,493.00 |
| Noncurrent Biological Assets | N/A | 42,926.00 | 0.00 |
| Deferred Tax Assets | N/A | 28,566.00 | 13,354.00 |
| Current Assets | N/A | 12,780,058.00 | 12,564,863.00 |
| Inventories | N/A | 1,249,456.00 | 1,292,149.00 |
| Trade And Other Current Receivables | N/A | 1,502,511.00 | 1,726,444.00 |
| Current Tax Assets Current | N/A | 41,124.00 | 101,313.00 |
| Current Biological Assets | N/A | 9,288,058.00 | 8,114,145.00 |
| Cash and cash equivalents | N/A | 698,909.00 | 1,330,812.00 |
| Equity And Liabilities | N/A | 21,923,324.00 | 21,948,239.00 |
| Equity | 16,138,496.00 | 16,047,910.00 | 16,440,361.00 |
| Issued Capital | N/A | 2,624,430.00 | 2,624,430.00 |
| Share Premium | N/A | 6,761,580.00 | 6,761,580.00 |
| Capital Reserve | N/A | 6,661,900.00 | 7,054,351.00 |
| Liabilities | N/A | 5,875,414.00 | 5,507,878.00 |
| Noncurrent Liabilities | N/A | 2,185,674.00 | 1,925,551.00 |
| Noncurrent Government Grants | N/A | 374,394.00 | 364,692.00 |
| Deferred Tax Liabilities | N/A | 780,319.00 | 741,437.00 |
| Longterm Borrowings | N/A | 168,912.00 | 122,296.00 |
| Current Liabilities | N/A | 3,689,740.00 | 3,582,327.00 |
| Trade And Other Current Payables | N/A | 2,689,781.00 | 3,056,536.00 |
| Current Government Grants | N/A | 64,445.00 | 70,763.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 717,925.00 | 243,490.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
|---|---|---|
| Revenue | 22,568,554.00 | 27,295,538.00 |
| Other Income | 580,896.00 | 93,130.00 |
| Amortisation Expense | 7,002.00 | 6,625.00 |
| Profit Loss From Operating Activities | 438,549.00 | 926,472.00 |
| Finance Income | 53,030.00 | 525.00 |
| Finance Costs | 96,537.00 | 71,450.00 |
| Profit Loss Before Tax | 395,042.00 | 855,547.00 |
| Income Tax Expense Continuing Operations | 155,889.00 | 72,528.00 |
| Profit Loss From Continuing Operations | 239,153.00 | 783,019.00 |
| Profit (loss) | 239,153.00 | 783,019.00 |
| Line item in (eur) | 01.01.2021 | 01.01.2022 |
|---|---|---|
| Profit (loss) | 239,153.00 | 783,019.00 |
| Adjustments For Income Tax Expense | 98,758.00 | 0.00 |
| Adjustments For Decrease Increase In Inventories | 452,523.00 | 42,693.00 |
| Adjustments For Increase Decrease In Trade Account Payable | 741,648.00 | 440,988.00 |
| Cash Flows From Used In Operations | 2,590,499.00 | 3,359,921.00 |
| Cash Flows From Used In Operating Activities | 2,547,264.00 | 3,222,975.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 9,850.00 | 7,600.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 1,092,692.00 | 1,373,823.00 |
| Proceeds From Sales Of Intangible Assets Classified As Investing Activities | N/A | 1.00 |
| Interest Received Classified As Investing Activities | 52,417.00 | 0.00 |
| Cash Flows From Used In Investing Activities | 1,030,425.00 | 1,366,222.00 |
| Repayments Of Borrowings Classified As Financing Activities | 62,269.00 | 57,704.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | 155,977.00 | 159,886.00 |
| Dividends Paid Classified As Financing Activities | 185,254.00 | 339,632.00 |
| Interest Paid Classified As Financing Activities | 78,851.00 | 48,707.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | 152,557.00 | 144,485.00 |
| Cash Flows From Used In Financing Activities | 634,908.00 | 750,414.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 881,931.00 | 1,106,339.00 |
| Cash and cash equivalents | 698,909.00 | 1,330,812.00 |
Please note that some sums might not add up.
CY0004941411
LEI2138003DUDZ8R67LEO26
SectorAgricultural Products & Services
Listed Stock ExchangeCSE General Index
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