Boreo Oyj
ISIN: FI0009900724 | Ticker: BOREO | LEI: 743700OD4QRWKZ4ODC98
Country: Finland
Boreo is a growth company that owns, acquires and develops B2B businesses in Northern Europe. Boreo’s companies act independently creating value in accordance with company specific strategies. Role of the parent company Boreo Plc is to develop the group and its companies strategically and operatively.
Boreo’s operations are organized into three Business Areas:
• Electronics that comprises of technical distributor businesses which represent a diversified portfolio of proven third-party suppliers of quality technology solutions for defined industries.
• Technical Trade that comprises of technical trade businesses which represent a wide range of renowned suppliers in the fields of power, metal machining, construction and welding.
• In addition to Business Areas mentioned above, Boreo’s organization includes ”Other operations” in which it operates logistics and courier services.
Ansatie 5, 1740 Vantaa – Finland
| Line item in (eur) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Assets | N/A | 97,400,000.00 | 121,400,000.00 |
| Noncurrent Assets | N/A | 38,900,000.00 | 53,000,000.00 |
| Property Plant And Equipment | N/A | 6,300,000.00 | 9,200,000.00 |
| Goodwill | N/A | 29,000,000.00 | 35,500,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 3,200,000.00 | 7,000,000.00 |
| Investment Accounted For Using Equity Method | N/A | 0.00 | 900,000.00 |
| Deferred Tax Assets | N/A | 100,000.00 | 100,000.00 |
| Other Noncurrent Financial Assets | N/A | 300,000.00 | 300,000.00 |
| Current Assets | N/A | 47,100,000.00 | 68,300,000.00 |
| Inventories | N/A | 24,500,000.00 | 32,000,000.00 |
| Cash and cash equivalents | 8,600,000.00 | 2,700,000.00 | 13,200,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 11,400,000.00 | 0.00 |
| Equity And Liabilities | N/A | 97,400,000.00 | 121,400,000.00 |
| Equity | 16,600,000.00 | 22,400,000.00 | 41,800,000.00 |
| Issued Capital | N/A | 2,500,000.00 | 2,500,000.00 |
| Retained Earnings | N/A | 11,700,000.00 | 13,100,000.00 |
| Retained Earnings Profit Loss For Reporting Period | N/A | 5,200,000.00 | 0.00 |
| Additional Paidin Capital | N/A | 100,000.00 | 100,000.00 |
| Equity Attributable To Owners Of Parent | N/A | 21,400,000.00 | 40,400,000.00 |
| Noncontrolling Interests | N/A | 1,000,000.00 | 1,400,000.00 |
| Noncurrent Liabilities | N/A | 35,300,000.00 | 37,600,000.00 |
| Noncurrent Payables | N/A | 0.00 | 1,700,000.00 |
| Deferred Tax Liabilities | N/A | 1,000,000.00 | 1,800,000.00 |
| Other Noncurrent Financial Liabilities | N/A | 34,300,000.00 | 34,100,000.00 |
| Current Liabilities | N/A | 36,100,000.00 | 42,000,000.00 |
| Current Provisions | N/A | 100,000.00 | 0.00 |
| Trade And Other Current Payables | N/A | 26,600,000.00 | 31,900,000.00 |
| Other Current Financial Liabilities | N/A | 9,400,000.00 | 10,000,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | 3,600,000.00 | 0.00 |
| Line item in (eur) | 01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|
| Revenue | 122,000,000.00 | 160,400,000.00 |
| Revenue From Interest | 0.00 | 700,000.00 |
| Other Income | 1,500,000.00 | 500,000.00 |
| Raw Materials And Consumables Used | 91,500,000.00 | 120,900,000.00 |
| Employee Benefits Expense | 15,500,000.00 | 20,200,000.00 |
| Depreciation And Amortisation Expense | 2,900,000.00 | 4,000,000.00 |
| Other Expense By Nature | 7,800,000.00 | 9,500,000.00 |
| Profit Loss From Operating Activities | 5,800,000.00 | 6,500,000.00 |
| Profit Loss Before Tax | 4,600,000.00 | 5,500,000.00 |
| Income Tax Expense Continuing Operations | 700,000.00 | 1,100,000.00 |
| Profit Loss From Continuing Operations | 3,900,000.00 | 4,400,000.00 |
| Profit Loss From Discontinued Operations | 1,600,000.00 | -4,700,000.00 |
| Profit (loss) | 5,500,000.00 | -300,000.00 |
| Profit Loss Attributable To Owners Of Parent | 5,200,000.00 | 0.00 |
| Profit Loss Attributable To Noncontrolling Interests | 300,000.00 | -300,000.00 |
| Line item in (eur) | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|
| Profit (loss) | N/A | 5,500,000.00 | -300,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -4,100,000.00 | -5,700,000.00 |
| Other Adjustments For Noncash Items | N/A | 900,000.00 | -5,500,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | -900,000.00 | -1,200,000.00 |
| Other Inflows Outflows Of Cash Classified As Operating Activities | N/A | -1,300,000.00 | -2,300,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 2,000,000.00 | 4,100,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 13,200,000.00 | 9,700,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -11,900,000.00 | -13,000,000.00 |
| Payments From Changes In Ownership Interests In Subsidiaries | N/A | 0.00 | 1,600,000.00 |
| Proceeds From Issuing Shares | N/A | 0.00 | 1,400,000.00 |
| Proceeds From Issuing Other Equity Instruments | N/A | 0.00 | 20,000,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 1,200,000.00 | 1,500,000.00 |
| Other Inflows Outflows Of Cash Classified As Financing Activities | N/A | 0.00 | -100,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 7,300,000.00 | 15,800,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 100,000.00 | 0.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -2,600,000.00 | 6,900,000.00 |
| Cash and cash equivalents | 8,600,000.00 | 2,700,000.00 | 13,200,000.00 |
Please note that some sums might not add up.
FI0009900724
LEI743700OD4QRWKZ4ODC98
SectorTechnology Hardware & Equipment
IndustryElectronic Equipment, Instruments & Components
Sub-IndustryKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.