Elopak is a leading global supplier of carton packaging and filling equipment. We use renewable, recyclable and sustainably sourced materials to provide innovative packaging solutions. Our iconic Pure-Pak® cartons are designed with the environment, safety and convenience front of mind. They offer a natural and convenient alternative to plastic bottles and fit within a low carbon circular economy.
Elopak was founded in Norway in 1957. Today Elopak employs 2,500 people and sells in excess of 14 billion cartons every year across more than 70 countries. Our customers are private companies in food and retail.
1957
Served areaWorldwide
Headcount2,500
HeadquartersKarenslyst Alle 53, 0279 Oslo – Norway
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 749,123,000.00 | 783,279,000.00 | 956,479,000.00 |
Noncurrent Assets | N/A | 436,217,000.00 | 420,775,000.00 | 531,976,000.00 |
Property Plant And Equipment | N/A | 188,429,000.00 | 186,426,000.00 | 201,975,000.00 |
Goodwill | N/A | 52,291,000.00 | 51,866,000.00 | 104,958,000.00 |
Intangible Assets Other Than Goodwill | N/A | 61,211,000.00 | 56,862,000.00 | 71,331,000.00 |
Investments In Joint Ventures | N/A | 26,956,000.00 | 27,527,000.00 | 34,673,000.00 |
Deferred Tax Assets | N/A | 23,544,000.00 | 21,640,000.00 | 22,414,000.00 |
Other Noncurrent Assets | N/A | 14,517,000.00 | 13,501,000.00 | 19,841,000.00 |
Current Assets | N/A | 312,906,000.00 | 362,506,000.00 | 424,502,000.00 |
Inventories | N/A | 135,523,000.00 | 145,115,000.00 | 187,207,000.00 |
Current Trade Receivables | N/A | 77,958,000.00 | 91,533,000.00 | 102,197,000.00 |
Cash and cash equivalents | 15,507,000.00 | 6,443,000.00 | 24,262,000.00 | 25,883,000.00 |
Other Current Assets | N/A | 92,981,000.00 | 101,595,000.00 | 109,214,000.00 |
Equity And Liabilities | N/A | 749,123,000.00 | 783,279,000.00 | 956,479,000.00 |
Equity | 153,889,000.00 | 185,444,000.00 | 269,054,000.00 | 267,967,000.00 |
Issued Capital | N/A | 47,482,000.00 | 50,155,000.00 | 50,155,000.00 |
Retained Earnings | N/A | 164,564,000.00 | 178,330,000.00 | 169,584,000.00 |
Additional Paidin Capital | N/A | 15,332,000.00 | 70,236,000.00 | 69,987,000.00 |
Equity Attributable To Owners Of Parent | N/A | 185,444,000.00 | 269,054,000.00 | 259,491,000.00 |
Noncontrolling Interests | N/A | N/A | 0.00 | 8,477,000.00 |
Liabilities | N/A | 563,678,000.00 | 514,226,000.00 | 688,512,000.00 |
Noncurrent Liabilities | N/A | 302,755,000.00 | 248,726,000.00 | 399,344,000.00 |
Deferred Tax Liabilities | N/A | 11,994,000.00 | 11,488,000.00 | 17,240,000.00 |
Noncurrent Recognised Liabilities Defined Benefit Plan | N/A | 2,554,000.00 | 2,563,000.00 | 2,668,000.00 |
Other Noncurrent Liabilities | N/A | 5,982,000.00 | 2,900,000.00 | 1,867,000.00 |
Longterm Borrowings | N/A | 213,135,000.00 | 169,433,000.00 | 304,033,000.00 |
Current Liabilities | N/A | 260,923,000.00 | 265,499,000.00 | 289,167,000.00 |
Trade And Other Current Payables To Trade Suppliers | N/A | 114,273,000.00 | 119,574,000.00 | 124,038,000.00 |
Current Payables On Social Security And Taxes Other Than Income Tax | N/A | 20,125,000.00 | 24,077,000.00 | 22,682,000.00 |
Current Tax Liabilities Current | N/A | 8,978,000.00 | 4,335,000.00 | 2,198,000.00 |
Other Current Liabilities | N/A | 82,911,000.00 | 84,832,000.00 | 101,429,000.00 |
Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 908,773,000.00 | 855,265,000.00 | 1,023,696,000.00 |
Other Income | 5,221,000.00 | 3,000.00 | 157,000.00 |
Raw Materials And Consumables Used | 576,637,000.00 | 538,124,000.00 | 681,474,000.00 |
Employee Benefits Expense | 168,573,000.00 | 166,801,000.00 | 176,721,000.00 |
Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 52,209,000.00 | 56,450,000.00 | N/A |
Depreciation And Amortisation Expense | N/A | 52,879,000.00 | 61,528,000.00 |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | N/A | 1,218,000.00 | 6,599,000.00 |
Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | N/A | 1,218,000.00 | 6,599,000.00 |
Other Expense By Nature | 45,918,000.00 | 47,023,000.00 | 55,757,000.00 |
Profit Loss From Operating Activities | 70,656,000.00 | 49,224,000.00 | 41,774,000.00 |
Finance Income | 2,455,000.00 | 2,046,000.00 | 10,305,000.00 |
Finance Costs | 16,118,000.00 | 9,660,000.00 | 13,033,000.00 |
Profit Loss Before Tax | 60,209,000.00 | 49,982,000.00 | 23,583,000.00 |
Income Tax Expense Continuing Operations | 12,381,000.00 | 15,288,000.00 | 12,188,000.00 |
Profit Loss From Continuing Operations | N/A | 30,271,000.00 | 34,220,000.00 |
Profit Loss From Discontinued Operations | N/A | 3,538,000.00 | -23,622,000.00 |
Profit (loss) | 47,828,000.00 | 33,809,000.00 | 10,598,000.00 |
Profit Loss Attributable To Owners Of Parent | 47,828,000.00 | 33,809,000.00 | 10,856,000.00 |
Profit Loss Attributable To Noncontrolling Interests | N/A | 0.00 | -259,000.00 |
Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | 47,828,000.00 | 33,809,000.00 | 10,598,000.00 |
Adjustments For Decrease Increase In Inventories | N/A | -7,674,000.00 | -5,582,000.00 | -39,175,000.00 |
Adjustments For Increase Decrease In Trade Account Payable | N/A | -184,000.00 | 2,998,000.00 | 4,893,000.00 |
Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | -3,951,000.00 | -2,123,000.00 | 2,297,000.00 |
Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | -5,220,000.00 | 6,000.00 | 137,000.00 |
Cash Flows From Used In Operating Activities | N/A | 103,842,000.00 | 73,200,000.00 | 25,094,000.00 |
Other Cash Receipts From Sales Of Interests In Joint Ventures Classified As Investing Activities | N/A | 1,500,000.00 | 0.00 | 0.00 |
Cash Flows From Used In Investing Activities | N/A | -35,647,000.00 | -26,222,000.00 | -126,009,000.00 |
Proceeds From Issuing Shares | N/A | 2,388,000.00 | 47,523,000.00 | -241,000.00 |
Proceeds From Borrowings Classified As Financing Activities | N/A | 960,649,000.00 | 728,843,000.00 | 1,178,067,000.00 |
Repayments Of Borrowings Classified As Financing Activities | N/A | 1,002,188,000.00 | 775,640,000.00 | 1,030,217,000.00 |
Payments Of Lease Liabilities Classified As Financing Activities | N/A | 20,800,000.00 | 19,969,000.00 | 19,770,000.00 |
Dividends Paid Classified As Financing Activities | N/A | 9,480,000.00 | 9,988,000.00 | 19,623,000.00 |
Interest Paid Classified As Financing Activities | N/A | 5,897,000.00 | 1,553,000.00 | N/A |
Cash Flows From Used In Financing Activities | N/A | -75,329,000.00 | -30,784,000.00 | 102,558,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -1,929,000.00 | 1,625,000.00 | -22,000.00 |
Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | -9,063,000.00 | 17,819,000.00 | 1,621,000.00 |
Cash and cash equivalents | 15,507,000.00 | 6,443,000.00 | 24,262,000.00 | 25,883,000.00 |
Please note that some sums might not add up.
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LEI529900BIDQN2AOKV6N08
SectorPaper & Plastic Packaging Products & Materials
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