Marimekko Oyj
ISIN: FI0009007660 | Ticker: MEKKO | LEI: 74370053IOY42B9YJ350
Country: Finland
Marimekko is a Finnish lifestyle design company whose original prints and colours have brought joy to people’s everyday lives since 1951. Our product portfolio includes high-quality clothing, bags and accessories as well as home décor items ranging from textiles to tableware. Timelessness, quality and functionality are the cornerstones on which our recognizable design has always been built.
When Marimekko was founded, its unparalleled printed fabrics gave it a strong and unique identity. Even today, we have our own printing factory in Helsinki that produces around a million meters of fabric every year. The printing factory serves both as a factory and as an innovative hub for our design and product development team.
Marimekko products are sold in about 40 countries. In 2021, brand sales of the Marimekko products worldwide amounted to EUR 376 million and the net sales were EUR 152 million. Roughly 150 Marimekko stores serve customers around the globe.
1951
Served areaWorldwide
HeadquartersPuusepänkatu 4, 880 Helsinki – Finland
| Line item in (eur) | 01.01.2019 | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|
| Assets | N/A | 96,884,000.00 | 114,371,000.00 | 132,887,000.00 | 114,587,000.00 |
| Noncurrent Assets | N/A | 41,555,000.00 | 42,764,000.00 | 35,149,000.00 | 36,108,000.00 |
| Property Plant And Equipment | N/A | 40,431,000.00 | 41,269,000.00 | 33,187,000.00 | 34,560,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 593,000.00 | 504,000.00 | 487,000.00 | 288,000.00 |
| Deferred Tax Assets | N/A | 515,000.00 | 974,000.00 | 942,000.00 | 748,000.00 |
| Other Noncurrent Financial Assets | N/A | 16,000.00 | 16,000.00 | 533,000.00 | 512,000.00 |
| Current Assets | N/A | 55,329,000.00 | 71,607,000.00 | 97,738,000.00 | 78,479,000.00 |
| Inventories | N/A | 22,564,000.00 | 22,436,000.00 | 25,983,000.00 | 33,784,000.00 |
| Trade And Other Current Receivables | N/A | 6,632,000.00 | 8,126,000.00 | 12,029,000.00 | 11,983,000.00 |
| Cash and cash equivalents | 23,174,000.00 | 26,133,000.00 | 41,045,000.00 | 59,726,000.00 | 32,711,000.00 |
| Equity And Liabilities | N/A | 96,884,000.00 | 114,371,000.00 | 132,887,000.00 | 114,587,000.00 |
| Equity | 40,005,000.00 | 38,925,000.00 | 52,323,000.00 | 69,833,000.00 | 55,425,000.00 |
| Issued Capital | N/A | 8,040,000.00 | 8,040,000.00 | 8,040,000.00 | 8,040,000.00 |
| Retained Earnings | N/A | 30,037,000.00 | 43,343,000.00 | 60,856,000.00 | 46,820,000.00 |
| Treasury Shares | N/A | 315,000.00 | 315,000.00 | 210,000.00 | 541,000.00 |
| Liabilities | N/A | 57,960,000.00 | 62,048,000.00 | 63,055,000.00 | 59,162,000.00 |
| Noncurrent Liabilities | N/A | 27,594,000.00 | 28,472,000.00 | 21,976,000.00 | 25,277,000.00 |
| Other Noncurrent Liabilities | N/A | 1,644,000.00 | 1,476,000.00 | N/A | N/A |
| Current Liabilities | N/A | 30,366,000.00 | 33,577,000.00 | 41,078,000.00 | 33,885,000.00 |
| Trade And Other Current Payables | N/A | 17,796,000.00 | 22,160,000.00 | 28,272,000.00 | 24,752,000.00 |
| Current Tax Liabilities Current | N/A | 2,115,000.00 | 534,000.00 | 2,505,000.00 | 416,000.00 |
| Line item in (eur) | 01.01.2019/ 01.01.2020 |
01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|---|
| Revenue | 125,419,000.00 | 123,568,000.00 | 152,227,000.00 | 166,515,000.00 |
| Other Income | 616,000.00 | 341,000.00 | 148,000.00 | 108,000.00 |
| Changes In Inventories Of Finished Goods And Work In Progress | -444,000.00 | 361,000.00 | -3,151,000.00 | -7,721,000.00 |
| Raw Materials And Consumables Used | 45,391,000.00 | 48,237,000.00 | 61,484,000.00 | 72,115,000.00 |
| Employee Benefits Expense | 27,780,000.00 | 25,334,000.00 | 28,239,000.00 | 30,846,000.00 |
| Depreciation Amortisation And Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 12,543,000.00 | 12,520,000.00 | 11,874,000.00 | 9,651,000.00 |
| Other Expense By Nature | 23,647,000.00 | 18,685,000.00 | 22,680,000.00 | 31,497,000.00 |
| Profit Loss From Operating Activities | 17,117,000.00 | 18,772,000.00 | 31,249,000.00 | 30,236,000.00 |
| Finance Income | 462,000.00 | 592,000.00 | 851,000.00 | 1,241,000.00 |
| Finance Costs | 1,429,000.00 | 2,375,000.00 | 1,403,000.00 | 2,339,000.00 |
| Profit Loss Before Tax | 16,151,000.00 | 16,989,000.00 | 30,697,000.00 | 29,139,000.00 |
| Income Tax Expense Continuing Operations | 3,133,000.00 | 3,683,000.00 | 6,289,000.00 | 6,430,000.00 |
| Profit (loss) | 13,018,000.00 | 13,306,000.00 | 24,408,000.00 | 22,708,000.00 |
| Profit Loss Attributable To Owners Of Parent | 13,018,000.00 | 13,306,000.00 | 24,408,000.00 | 22,708,000.00 |
| Line item in (eur) | 01.01.2019 | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|
| Profit (loss) | N/A | 13,018,000.00 | 13,306,000.00 | 24,408,000.00 | 22,708,000.00 |
| Adjustments For Income Tax Expense | N/A | 3,133,000.00 | 3,683,000.00 | 6,289,000.00 | 6,430,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | -450,000.00 | 65,000.00 | -3,477,000.00 | -7,809,000.00 |
| Adjustments For Sharebased Payments | N/A | N/A | N/A | 509,000.00 | 750,000.00 |
| Cash Flows From Used In Operations | N/A | 32,548,000.00 | 34,602,000.00 | 41,407,000.00 | 29,424,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | N/A | 5,740,000.00 | 4,265,000.00 | 8,319,000.00 |
| Cash Flows From Used In Operating Activities | N/A | 28,992,000.00 | 27,477,000.00 | 35,902,000.00 | 20,141,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -1,569,000.00 | -2,236,000.00 | -910,000.00 | -999,000.00 |
| Proceeds From Issuing Shares | N/A | 726,000.00 | 0.00 | N/A | N/A |
| Payments To Acquire Or Redeem Entitys Shares | N/A | N/A | N/A | N/A | 454,000.00 |
| Payments Of Lease Liabilities Classified As Financing Activities | N/A | 10,437,000.00 | 10,729,000.00 | 10,247,000.00 | 8,485,000.00 |
| Dividends Paid Classified As Financing Activities | N/A | 15,003,000.00 | 0.00 | 7,299,000.00 | 37,372,000.00 |
| Cash Flows From Used In Financing Activities | N/A | -24,463,000.00 | -10,241,000.00 | -16,613,000.00 | -45,927,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 2,960,000.00 | 14,999,000.00 | 18,378,000.00 | -26,784,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 0.00 | -87,000.00 | 303,000.00 | -230,000.00 |
| Cash and cash equivalents | 23,174,000.00 | 26,133,000.00 | 41,045,000.00 | 59,726,000.00 | 32,711,000.00 |
Please note that some sums might not add up.
FI0009007660
LEI74370053IOY42B9YJ350
SectorTextiles, Apparel & Luxury Goods
Sub-IndustryApparel, Accessories & Luxury Goods
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