Eolus Vind Logo

Eolus Vind

ISIN: SE0007075056 | Ticker: EOLU | LEI: 549300NNUPH6DE8DVO06
Sector: IndustrialsSub-Industry: Construction & Engineering
Country: Sweden

About Eolus Vind

Company Description

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.

Year founded

1990

Headquarters

Tredje Avenyen 3, 28148 Hässleholm – Sweden

Financial statements

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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.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

Report
Q1
H1
Q3
FY
Consolidated Report
SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

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

Capital markets information

ISIN

SE0007075056

LEI

549300NNUPH6DE8DVO06

Sector

Industrials

Industry Group

Capital Goods

Industry

Construction & Engineering

Sub-Industry

Construction & Engineering

Listed Stock Exchange

Nasdaq Stockholm

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