Elon Logo

Elon

ISIN

SE0001572520

Ticker

ELON

Sector

Consumer Discretionary

Sub-Industry

Other Specialty Retail

Country

Sweden

Year Founded

2004

About Elon

Company Description

The Elon Group is a Nordic alliance owned and operated by entrepreneurs and traders in Sweden, Norway, Iceland, Finland and Denmark. We have the strength of a large company, with the commitment of entrepreneurs with extensive experience of their local markets and customers.

With over 900 stores across the Nordic region, we are available to help and service wherever our customers are. Each store has its own sales staff, advisors, installers and fitters. The stores also act as local warehouses close to the customer, enabling unbeatable lead times.

Served Area

Nordics

Headquarters

Bäcklundavägen 1
70203, Örebro
Sweden

Financial statements

Download as Excel
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 612,114,000.00 1,608,269,000.00 2,178,726,000.00
Noncurrent Assets N/A 124,469,000.00 499,664,000.00 610,090,000.00
Property Plant And Equipment N/A 3,868,000.00 66,911,000.00 80,920,000.00
Goodwill N/A 1,935,000.00 0.00 43,786,000.00
Intangible Assets Other Than Goodwill N/A N/A 54,584,000.00 96,851,000.00
Brand Names N/A 5,714,000.00 4,994,000.00 N/A
Computer Software N/A 3,005,000.00 2,502,000.00 N/A
Other Intangible Assets N/A 3,086,000.00 1,963,000.00 N/A
Investments In Associates Accounted For Using Equity Method N/A 34,711,000.00 N/A N/A
Deferred Tax Assets N/A N/A 3,520,000.00 2,705,000.00
Other Noncurrent Financial Assets N/A N/A 81,573,000.00 96,894,000.00
Noncurrent Loans And Receivables N/A 2,119,000.00 1,428,000.00 N/A
Noncurrent Investments Other Than Investments Accounted For Using Equity Method N/A 146,000.00 146,000.00 N/A
Current Assets N/A 487,644,000.00 1,108,605,000.00 1,568,636,000.00
Inventories N/A N/A 339,625,000.00 600,436,000.00
Merchandise N/A 136,205,000.00 125,503,000.00 N/A
Trade And Other Current Receivables N/A 298,593,000.00 237,541,000.00 N/A
Current Trade Receivables N/A 276,013,000.00 475,016,000.00 744,918,000.00
Trade And Other Current Receivables Due From Related Parties N/A N/A 147,248,000.00 0.00
Other Current Receivables N/A 7,592,000.00 331,000.00 25,207,000.00
Current Tax Assets Current N/A N/A 5,509,000.00 11,657,000.00
Cash and cash equivalents 22,937,000.00 63,123,000.00 21,151,000.00 52,000,000.00
Equity And Liabilities N/A 612,114,000.00 1,608,269,000.00 2,178,726,000.00
Equity 202,032,000.00 335,617,000.00 321,206,000.00 624,894,000.00
Issued Capital N/A 13,003,000.00 10,000,000.00 37,151,000.00
Retained Earnings N/A N/A 306,371,000.00 304,913,000.00
Other Reserves N/A N/A 4,835,000.00 2,870,000.00
Additional Paidin Capital N/A 10,332,000.00 0.00 279,960,000.00
Equity Attributable To Owners Of Parent N/A N/A 321,206,000.00 624,894,000.00
Noncurrent Liabilities N/A 74,599,000.00 304,969,000.00 307,319,000.00
Other Longterm Provisions N/A 17,134,000.00 44,388,000.00 52,332,000.00
Deferred Tax Liabilities N/A 5,135,000.00 0.00 9,551,000.00
Longterm Borrowings N/A N/A 0.00 0.00
Current Liabilities N/A 325,642,000.00 982,095,000.00 1,246,513,000.00
Trade And Other Current Payables N/A 189,821,000.00 783,428,000.00 985,900,000.00
Current Accruals And Current Deferred Income Including Current Contract Liabilities N/A N/A 119,385,000.00 148,559,000.00
Other Current Payables N/A 32,254,000.00 40,473,000.00 N/A
Current Tax Liabilities Current N/A 1,347,000.00 612,000.00 760,000.00
Other Current Liabilities N/A N/A 40,697,000.00 67,377,000.00
Current Borrowings And Current Portion Of Noncurrent Borrowings N/A 20,000,000.00 N/A N/A
Line item in (sek) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 1,957,714,000.00 3,656,455,000.00 4,719,275,000.00
Other Income N/A 25,913,000.00 51,808,000.00
Cost Of Merchandise Sold N/A 3,124,458,000.00 4,042,349,000.00
Employee Benefits Expense 85,530,000.00 126,343,000.00 188,532,000.00
Depreciation And Amortisation Expense 22,408,000.00 40,881,000.00 86,319,000.00
Other Expense By Nature 112,248,000.00 109,335,000.00 N/A
Profit Loss From Operating Activities 30,704,000.00 65,580,000.00 48,998,000.00
Finance Income 3,085,000.00 3,330,000.00 7,258,000.00
Finance Costs 4,989,000.00 4,061,000.00 17,197,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method 922,000.00 3,715,000.00 N/A
Profit Loss Before Tax 28,800,000.00 64,849,000.00 39,059,000.00
Income Tax Expense Continuing Operations 6,295,000.00 13,505,000.00 5,762,000.00
Profit (loss) 22,505,000.00 51,344,000.00 33,297,000.00
Profit Loss Attributable To Owners Of Parent 22,505,000.00 29,493,000.00 N/A
Line item in (sek) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 22,505,000.00 51,344,000.00 33,297,000.00
Adjustments For Decrease Increase In Inventories N/A 53,012,000.00 -50,601,000.00 -92,608,000.00
Adjustments For Depreciation And Amortisation Expense N/A 22,408,000.00 21,738,000.00 N/A
Adjustments For Undistributed Profits Of Associates N/A 922,000.00 3,715,000.00 N/A
Other Adjustments For Noncash Items N/A N/A -5,284,000.00 -380,000.00
Cash Flows From Used In Operations N/A 76,591,000.00 64,214,000.00 N/A
Interest Paid Classified As Operating Activities N/A 4,989,000.00 3,444,000.00 17,197,000.00
Interest Received Classified As Operating Activities N/A 3,085,000.00 583,000.00 7,258,000.00
Income Taxes Paid Refund Classified As Operating Activities N/A 5,617,000.00 8,132,000.00 N/A
Cash Flows From Used In Operating Activities N/A 121,260,000.00 -56,831,000.00 47,534,000.00
Purchase Of Property Plant And Equipment Classified As Investing Activities N/A 3,128,000.00 26,632,000.00 32,308,000.00
Purchase Of Intangible Assets Classified As Investing Activities N/A 1,553,000.00 15,392,000.00 5,268,000.00
Cash Receipts From Repayment Of Advances And Loans Made To Other Parties Classified As Investing Activities N/A 1,409,000.00 847,000.00 N/A
Cash Flows From Used In Investing Activities N/A -3,272,000.00 184,129,000.00 60,528,000.00
Proceeds From Issuing Other Equity Instruments N/A N/A 0.00 2,816,000.00
Repayments Of Borrowings Classified As Financing Activities N/A 30,215,000.00 9,884,000.00 N/A
Payments Of Lease Liabilities Classified As Financing Activities N/A 16,508,000.00 6,887,000.00 42,330,000.00
Dividends Paid Classified As Financing Activities N/A 11,702,000.00 22,105,000.00 N/A
Other Inflows Outflows Of Cash Classified As Financing Activities N/A N/A -23,961,000.00 0.00
Cash Flows From Used In Financing Activities N/A -88,037,000.00 -169,270,000.00 -77,213,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A 29,951,000.00 -41,972,000.00 30,849,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A -41,000.00 0.00 0.00
Cash and cash equivalents 22,937,000.00 63,123,000.00 21,151,000.00 52,000,000.00

Please note that some sums might not add up.

Filings & Publications

  • Consolidated Report 2022 - Q4 Swedish 🇸🇪 Published: 09.05.2023
  • Consolidated Report 2021 - Q4 Swedish 🇸🇪

Insider Trades

Date Trading entity / Person Association Trade type Volume
29.12.2023 Pierre Mayr Other Buy SEK 3,413,799.00
29.12.2023 Anette Fransson Other Buy SEK 1,077,399.00
23.09.2022 Christian Dahlborg Other Buy SEK 3,995.00
06.07.2022 Christian Dahlborg Other Buy SEK 3,090.00
08.12.2021 Mikael Siklund Other Sell SEK 54,600.00

Capital Markets Information

ISIN

SE0001572520

LEI

549300BD5VFRJS5HFW64

Listed Stock Exchange

Nasdaq Stockholm

Contact Investor Relations Department

Stay up to date

Keep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.