Eolus Vind AB was founded in 1990. At the time it was the first commercial wind power developer in Sweden. The company’s business concept was primarily to establish and own wind power facilities for electricity generation. However, the expertise that the company gained in the establishment of wind power facilities was soon in demand from other stakeholders. Therefore, the business concept evolved at an early stage to add the development and establishment of turnkey wind power facilities for customers. The development and establishment of turnkey facilities is now the company’s main segment. Eolus also offers full asset management services.
Eolus is now one of the leading wind power developers in the Nordics. Eolus has participated in the establishment of wind power plants with a combined effect of approximately 1 414 MW globally. Currently construction is ongoing in Sweden, Norway and the United States, and the company is also active in Finland, Poland, Estonia and Latvia.
1990
HeadquartersTredje Avenyen 3, 28148 Hässleholm – Sweden
Line item in (sek) | 01.09.2019 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Assets | N/A | 1,808,000,000.00 | 1,885,000,000.00 | 1,919,000,000.00 |
Noncurrent Assets | N/A | 111,000,000.00 | 59,000,000.00 | 161,000,000.00 |
Property Plant And Equipment | N/A | 30,000,000.00 | 26,000,000.00 | 43,000,000.00 |
Intangible Assets Other Than Goodwill | N/A | 25,000,000.00 | 11,000,000.00 | 4,000,000.00 |
Investments In Associates Accounted For Using Equity Method | N/A | N/A | 0.00 | 30,000,000.00 |
Deferred Tax Assets | N/A | 41,000,000.00 | 6,000,000.00 | 41,000,000.00 |
Other Noncurrent Financial Assets | N/A | 15,000,000.00 | 16,000,000.00 | 43,000,000.00 |
Current Assets | N/A | 1,698,000,000.00 | 1,826,000,000.00 | 1,758,000,000.00 |
Current Trade Receivables | N/A | 16,000,000.00 | 71,000,000.00 | 95,000,000.00 |
Current Advances To Suppliers | N/A | 47,000,000.00 | 170,000,000.00 | 230,000,000.00 |
Other Current Receivables | N/A | 7,000,000.00 | 55,000,000.00 | 61,000,000.00 |
Current Tax Assets Current | N/A | 8,000,000.00 | 24,000,000.00 | 23,000,000.00 |
Cash and cash equivalents | 1,103,000,000.00 | 691,000,000.00 | 625,000,000.00 | 568,000,000.00 |
Equity And Liabilities | N/A | 1,808,000,000.00 | 1,885,000,000.00 | 1,919,000,000.00 |
Equity | 890,000,000.00 | 1,036,000,000.00 | 1,264,000,000.00 | 1,044,000,000.00 |
Issued Capital | N/A | 25,000,000.00 | 25,000,000.00 | 25,000,000.00 |
Retained Earnings | N/A | 838,000,000.00 | 770,000,000.00 | 727,000,000.00 |
Additional Paidin Capital | N/A | 191,000,000.00 | 191,000,000.00 | 191,000,000.00 |
Equity Attributable To Owners Of Parent | N/A | 1,037,000,000.00 | 984,000,000.00 | 983,000,000.00 |
Noncontrolling Interests | N/A | -1,000,000.00 | 280,000,000.00 | 61,000,000.00 |
Noncurrent Liabilities | N/A | 228,000,000.00 | 105,000,000.00 | 309,000,000.00 |
Other Longterm Provisions | N/A | 1,000,000.00 | 0.00 | 0.00 |
Deferred Tax Liabilities | N/A | 21,000,000.00 | 18,000,000.00 | 2,000,000.00 |
Other Noncurrent Financial Liabilities | N/A | 135,000,000.00 | 21,000,000.00 | 231,000,000.00 |
Other Noncurrent Nonfinancial Liabilities | N/A | 71,000,000.00 | 65,000,000.00 | 75,000,000.00 |
Current Liabilities | N/A | 545,000,000.00 | 516,000,000.00 | 567,000,000.00 |
Current Accruals And Current Deferred Income Including Current Contract Liabilities | N/A | N/A | 116,000,000.00 | 177,000,000.00 |
Current Advances | N/A | N/A | 10,000,000.00 | 10,000,000.00 |
Current Tax Liabilities Current | N/A | 7,000,000.00 | 4,000,000.00 | 0.00 |
Other Current Financial Liabilities | N/A | 252,000,000.00 | 165,000,000.00 | 79,000,000.00 |
Other Current Nonfinancial Liabilities | N/A | 9,000,000.00 | 31,000,000.00 | 11,000,000.00 |
Line item in (sek) | 01.09.2019/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
---|---|---|---|
Revenue | 2,469,000,000.00 | 2,614,000,000.00 | 2,356,000,000.00 |
Other Income | 122,000,000.00 | 42,000,000.00 | 37,000,000.00 |
Employee Benefits Expense | 71,000,000.00 | 59,000,000.00 | 86,000,000.00 |
Depreciation And Amortisation Expense | 8,000,000.00 | 5,000,000.00 | 14,000,000.00 |
Other Expense By Nature | 40,000,000.00 | 39,000,000.00 | 32,000,000.00 |
Profit Loss From Operating Activities | 280,000,000.00 | -25,000,000.00 | 80,000,000.00 |
Finance Income | 4,000,000.00 | 2,000,000.00 | 4,000,000.00 |
Finance Costs | 20,000,000.00 | 17,000,000.00 | 16,000,000.00 |
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | N/A | 0.00 | 2,000,000.00 |
Profit Loss Before Tax | 183,000,000.00 | -40,000,000.00 | 109,000,000.00 |
Income Tax Expense Continuing Operations | -16,000,000.00 | -16,000,000.00 | -8,000,000.00 |
Profit (loss) | 198,000,000.00 | -24,000,000.00 | 116,000,000.00 |
Profit Loss Attributable To Owners Of Parent | 198,000,000.00 | -19,000,000.00 | -5,000,000.00 |
Profit Loss Attributable To Noncontrolling Interests | 0.00 | -5,000,000.00 | 122,000,000.00 |
Line item in (sek) | 01.09.2019 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
---|---|---|---|---|
Profit (loss) | N/A | 198,000,000.00 | -24,000,000.00 | 116,000,000.00 |
Adjustments For Reconcile Profit Loss | N/A | -58,000,000.00 | 46,000,000.00 | -94,000,000.00 |
Adjustments For Increase Decrease In Trade Account Payable | N/A | -227,000,000.00 | 257,000,000.00 | 554,000,000.00 |
Adjustments For Reconcile Profit Loss | N/A | -58,000,000.00 | 46,000,000.00 | -94,000,000.00 |
Cash Flows From Used In Operations | N/A | 222,000,000.00 | 21,000,000.00 | -13,000,000.00 |
Interest Paid Classified As Operating Activities | N/A | 21,000,000.00 | 19,000,000.00 | 15,000,000.00 |
Interest Received Classified As Operating Activities | N/A | 4,000,000.00 | 2,000,000.00 | 3,000,000.00 |
Cash Flows From Used In Operating Activities | N/A | -483,000,000.00 | -97,000,000.00 | -191,000,000.00 |
Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | 20,000,000.00 | 1,000,000.00 | 2,000,000.00 |
Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 16,000,000.00 | 4,000,000.00 | 5,000,000.00 |
Cash Flows From Used In Investing Activities | N/A | 4,000,000.00 | -3,000,000.00 | -33,000,000.00 |
Proceeds From Changes In Ownership Interests In Subsidiaries | N/A | N/A | 290,000,000.00 | 80,000,000.00 |
Proceeds From Borrowings Classified As Financing Activities | N/A | 263,000,000.00 | 50,000,000.00 | 300,000,000.00 |
Repayments Of Borrowings Classified As Financing Activities | N/A | 153,000,000.00 | 258,000,000.00 | 189,000,000.00 |
Dividends Paid Classified As Financing Activities | N/A | 37,000,000.00 | 50,000,000.00 | 37,000,000.00 |
Cash Flows From Used In Financing Activities | N/A | 73,000,000.00 | 32,000,000.00 | 153,000,000.00 |
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -406,000,000.00 | -68,000,000.00 | -71,000,000.00 |
Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 6,000,000.00 | 2,000,000.00 | 14,000,000.00 |
Cash and cash equivalents | 1,103,000,000.00 | 691,000,000.00 | 625,000,000.00 | 568,000,000.00 |
Please note that some sums might not add up.
Date | Trading entity / Person | Association | Trade type | Volume |
---|---|---|---|---|
31.05.23 | Christer Hansen | Other | Buy | SEK 405,822.30 |
24.05.23 | Catharina Persson | Other | Buy | SEK 38,475.00 |
23.05.23 | Per Witalisson | Other | Buy | SEK 86,229.00 |
19.05.23 | Per Witalisson | Other | Buy | SEK 101,237.50 |
19.05.23 | Per Witalisson | Other | Sell | SEK 88,803.00 |
10.03.23 | Per Witalisson | Other | Buy | SEK 96,777.36 |
10.03.23 | Magnus Axelsson | Other | Buy | SEK 67,535.28 |
10.03.23 | Anna Catarina Persson | Other | Buy | SEK 56,221.38 |
03.03.23 | Christer Hansen | Other | Buy | SEK 599,915.55 |
03.03.23 | Per Witalisson | Other | Buy | SEK 100,793.00 |
SE0007075056
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