Helios Faros d.d.
ISIN: HRHEFARA0003 | Ticker: HEFA | LEI: 747800D0K38EVHMJ4H31
Country: Croatia
The main activity of Helios Faros d.d. is is the provision of accommodation services, ie hospitality and tourism and other related activities that are in the function of performing the main activity.
The company was formed by separating OOUR Hoteli Helios Stari Grad from the hotel work organization Sunčani Hvar in 1989. Helios Faros d.d. was founded in 2005 by the division of the company Hoteli Helios d.d.
PBZ Croatia Osiguranje d.d. and Valamar Riviera d.d. have recognized the development potential of Helios Faros d.d. and through the partnership have created the foundations for the start of a new investment cycle worth over 110 million euros. This marked the beginning of a new phase in tourism development in Stari Grad, Hvar.
1989
Served areaCroatia
HeadquartersNaselje Helios 5, 21460 Stari Grad – Croatia
| Line item in (hrk) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Assets | N/A | 240,913,000.00 | 239,324,000.00 |
| Noncurrent Assets | N/A | 157,710,000.00 | 201,897,000.00 |
| Property Plant And Equipment | N/A | 156,624,000.00 | 200,652,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 1,086,000.00 | 1,216,000.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | 0.00 | 0.00 |
| Noncurrent Receivables | N/A | 0.00 | 29,000.00 |
| Current Assets | N/A | 83,203,000.00 | 37,427,000.00 |
| Inventories | N/A | 1,447,000.00 | 540,000.00 |
| Trade And Other Current Receivables | N/A | 2,242,000.00 | 5,374,000.00 |
| Cash and cash equivalents | 37,990,000.00 | 2,770,000.00 | 31,513,000.00 |
| Equity And Liabilities | N/A | 240,913,000.00 | 239,324,000.00 |
| Equity | 230,889,000.00 | 222,559,000.00 | 225,068,000.00 |
| Issued Capital | N/A | 159,214,000.00 | 235,958,000.00 |
| Retained Earnings | N/A | -13,400,000.00 | -10,891,000.00 |
| Other Reserves | N/A | 1,000.00 | 1,000.00 |
| Deferred Tax Liabilities | N/A | 930,000.00 | 930,000.00 |
| Other Noncurrent Nonfinancial Liabilities | N/A | 930,000.00 | 1,019,000.00 |
| Current Liabilities | N/A | 17,424,000.00 | 13,237,000.00 |
| Current Provisions | N/A | 113,000.00 | 0.00 |
| Trade And Other Current Payables | N/A | 17,311,000.00 | 13,017,000.00 |
| Current Tax Liabilities Current | N/A | 0.00 | 220,000.00 |
| Line item in (hrk) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
|---|---|---|
| Revenue | 6,558,000.00 | 31,147,000.00 |
| Other Income | 3,156,000.00 | 14,937,000.00 |
| Raw Materials And Consumables Used | 5,368,000.00 | 16,974,000.00 |
| Employee Benefits Expense | 7,649,000.00 | 15,094,000.00 |
| Depreciation And Amortisation Expense | 3,503,000.00 | 5,825,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 0.00 | 313,000.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 0.00 | 313,000.00 |
| Other Expense By Nature | 1,532,000.00 | 5,133,000.00 |
| Profit Loss From Operating Activities | -8,338,000.00 | 2,745,000.00 |
| Profit Loss Before Tax | -8,330,000.00 | 2,729,000.00 |
| Income Tax Expense Continuing Operations | 0.00 | 220,000.00 |
| Profit (loss) | -8,330,000.00 | 2,509,000.00 |
| Line item in (hrk) | 01.01.2020 | 01.01.2021 | 01.01.2022 |
|---|---|---|---|
| Profit (loss) | N/A | -8,330,000.00 | 2,509,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -1,092,000.00 | 907,000.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 3,503,000.00 | 5,825,000.00 |
| Adjustments For Provisions | N/A | 0.00 | -113,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 0.00 | -14,000.00 |
| Other Adjustments For Noncash Items | N/A | 0.00 | -12,115,000.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | N/A | 0.00 | 3,647,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 113,000.00 | 0.00 |
| Cash Flows From Used In Operations | N/A | -8,470,000.00 | -3,655,000.00 |
| Interest Paid Classified As Operating Activities | N/A | 0.00 | 5,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 300,000.00 | 0.00 |
| Cash Flows From Used In Operating Activities | N/A | -8,770,000.00 | -3,660,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 19,481,000.00 | 0.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 34,769,000.00 | 44,341,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -54,250,000.00 | -44,341,000.00 |
| Proceeds From Issuing Shares | N/A | 27,800,000.00 | 76,744,000.00 |
| Cash Flows From Used In Financing Activities | N/A | 27,800,000.00 | 76,744,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | -35,220,000.00 | 28,743,000.00 |
| Cash and cash equivalents | 37,990,000.00 | 2,770,000.00 | 31,513,000.00 |
Please note that some sums might not add up.
HRHEFARA0003
LEI747800D0K38EVHMJ4H31
SectorHotels, Resorts & Cruise Lines
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