Exel Composites Oyj
ISIN: FI0009007306 | Ticker: EXL1V | LEI: 743700205JAMGM80QD88
Country: Finland
A forward-thinking global composites solution provider serving a wide range of industries and applications.
Exel Composites, a forward-thinking global technology company headquartered in Finland, is the world’s largest manufacturer of pultruded and pull-wound composite solutions. Our global manufacturing, R&D, and sales footprint serves customers across a broad range of industries and applications. With over 60 years of composites experience and engineering expertise, we work closely with our customers to design and manufacture high quality composite solutions using carbon fiber, fiberglass, and other high-performance materials. Our composites help reduce weight, improve performance, and decrease total life cycle costs, all while helping increase energy efficiencies and supporting environmental sustainability.
Exel Composites employs approximately 650 innovative and customer-focused employees around the world and is listed on the Nasdaq Helsinki exchange.
1960
Served areaWorldwide
Headcount650
HeadquartersMäkituvantie 5, 1510 Vantaa – Finland
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 96,800,000.00 | 117,698,000.00 | 113,058,000.00 |
| Noncurrent Assets | N/A | 47,758,000.00 | 51,869,000.00 | 47,886,000.00 |
| Property Plant And Equipment | N/A | 26,193,000.00 | 31,148,000.00 | 28,643,000.00 |
| Goodwill | N/A | 12,597,000.00 | 12,809,000.00 | 13,015,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 3,948,000.00 | 2,813,000.00 | 2,160,000.00 |
| Deferred Tax Assets | N/A | 1,737,000.00 | 1,891,000.00 | 1,807,000.00 |
| Other Noncurrent Nonfinancial Assets | N/A | 48,000.00 | 48,000.00 | 48,000.00 |
| Current Assets | N/A | 49,043,000.00 | 65,829,000.00 | 65,172,000.00 |
| Inventories | N/A | 16,182,000.00 | 23,944,000.00 | 23,426,000.00 |
| Trade And Other Current Receivables | N/A | 20,887,000.00 | 26,292,000.00 | 23,279,000.00 |
| Cash and cash equivalents | 6,930,000.00 | 11,974,000.00 | 15,593,000.00 | 17,397,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | N/A | 0.00 | 1,070,000.00 |
| Equity And Liabilities | N/A | 96,800,000.00 | 117,698,000.00 | 113,058,000.00 |
| Equity | 26,302,000.00 | 28,880,000.00 | 31,182,000.00 | 30,385,000.00 |
| Issued Capital | N/A | 2,141,000.00 | 2,141,000.00 | 2,141,000.00 |
| Retained Earnings Profit Loss For Reporting Period | N/A | N/A | 1,693,000.00 | 2,293,000.00 |
| Retained Earnings Excluding Profit Loss For Reporting Period | N/A | N/A | 20,157,000.00 | 18,671,000.00 |
| Other Reserves | N/A | 129,000.00 | 129,000.00 | N/A |
| Equity Attributable To Owners Of Parent | N/A | 28,880,000.00 | 30,574,000.00 | 29,944,000.00 |
| Noncontrolling Interests | N/A | 0.00 | 608,000.00 | 441,000.00 |
| Noncurrent Liabilities | N/A | 13,817,000.00 | 17,133,000.00 | 15,364,000.00 |
| Noncurrent Payables | N/A | 573,000.00 | 1,018,000.00 | 1,244,000.00 |
| Deferred Tax Liabilities | N/A | 361,000.00 | 545,000.00 | 584,000.00 |
| Longterm Borrowings | N/A | 10,551,000.00 | 13,430,000.00 | 12,400,000.00 |
| Current Liabilities | N/A | 54,104,000.00 | 69,383,000.00 | 67,309,000.00 |
| Trade And Other Current Payables | N/A | 23,185,000.00 | 30,443,000.00 | 25,903,000.00 |
| Current Tax Liabilities Current | N/A | 661,000.00 | 1,523,000.00 | 328,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | 0.00 | 6,116,000.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 29,169,000.00 | 36,200,000.00 | 33,691,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 108,595,000.00 | 134,365,000.00 | 136,988,000.00 |
| Other Income | 320,000.00 | 217,000.00 | 957,000.00 |
| Changes In Inventories Of Finished Goods And Work In Progress | 892,000.00 | -3,462,000.00 | 799,000.00 |
| Raw Materials And Consumables Used | 41,883,000.00 | 66,978,000.00 | N/A |
| Employee Benefits Expense | 30,807,000.00 | 35,241,000.00 | 39,023,000.00 |
| Depreciation And Amortisation Expense | 5,845,000.00 | 6,396,000.00 | 7,115,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 9,000.00 | 1,806,000.00 | 6,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 9,000.00 | 1,806,000.00 | 6,000.00 |
| Other Expense By Nature | 20,062,000.00 | 23,880,000.00 | 29,474,000.00 |
| Profit Loss From Operating Activities | 9,417,000.00 | 3,744,000.00 | 3,002,000.00 |
| Finance Income | 1,383,000.00 | 2,368,000.00 | 2,549,000.00 |
| Finance Costs | 3,676,000.00 | 1,947,000.00 | 1,951,000.00 |
| Profit Loss Before Tax | 7,124,000.00 | 4,165,000.00 | 3,600,000.00 |
| Income Tax Expense Continuing Operations | 1,755,000.00 | 2,509,000.00 | 1,455,000.00 |
| Profit (loss) | 5,368,000.00 | 1,656,000.00 | 2,145,000.00 |
| Profit Loss Attributable To Owners Of Parent | 5,368,000.00 | 1,693,000.00 | 2,293,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 0.00 | -37,000.00 | -148,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | 5,368,000.00 | 1,656,000.00 | 2,145,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 10,131,000.00 | 10,292,000.00 | 8,732,000.00 |
| Cash Flows From Used In Operations | N/A | 17,158,000.00 | 9,415,000.00 | 9,689,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 625,000.00 | 439,000.00 | 571,000.00 |
| Interest Received Classified As Operating Activities | N/A | 108,000.00 | 33,000.00 | -28,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 1,266,000.00 | 2,049,000.00 | 2,444,000.00 |
| Other Inflows Outflows Of Cash Classified As Operating Activities | N/A | -1,368,000.00 | -685,000.00 | 121,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 14,006,000.00 | 6,275,000.00 | 6,767,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 0.00 | 2,431,000.00 | 0.00 |
| Cash Flows From Used In Investing Activities | N/A | -12,849,000.00 | -10,468,000.00 | 2,018,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 1,275,000.00 | 1,152,000.00 | 1,264,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 2,129,000.00 | 2,367,000.00 | 2,371,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 4,302,000.00 | 6,812,000.00 | -6,811,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 5,459,000.00 | 2,619,000.00 | 1,975,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | -415,000.00 | 1,002,000.00 | -170,000.00 |
| Cash and cash equivalents | 6,930,000.00 | 11,974,000.00 | 15,593,000.00 | 17,397,000.00 |
Please note that some sums might not add up.
FI0009007306
LEI743700205JAMGM80QD88
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