Nicolas Correa S.A.
ISIN: ES0166300212 | Ticker: NEA | LEI: 959800EXHG00L95ZAK22
Country: Spain
Nicolás Correa S.A., founded in 1947, is the parent company of the Nicolás Correa Group.
With over 900 bridge type machines, 1.000 floor type machines and 3.500 bed type machines installed all over the world, offers milling solutions designed for the most demanding production environments, such as the power generation, automotive, aerospace and railway industries.
Thousands of customers throughout the world continue to place their trust in our range of milling machines, manufactured in our Burgos plants. Nicolás Correa currently exports around 90% of its production to over 20 different countries. To this end, it has a broad network of distributors and trading subsidiaries which ensure direct, personal contact with customers.
Belonging to the group provides NICOLÁS CORREA with access to top-quality critical supplies and enables the company to satisfy all its customers' flexibility requirements.
1947
Served areaWorldwide
Headcount386
HeadquartersCL Alcalde Martin Cobos 16, 9007 Burgos – Spain
| Line item in (eur) | 01.01.2020 | 02.01.2020 | 01.01.2021 | 02.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|
| Assets | N/A | N/A | 97,136,000.00 | N/A | 115,093,000.00 | 122,222,000.00 |
| Noncurrent Assets | N/A | N/A | 39,039,000.00 | N/A | 39,446,000.00 | 44,334,000.00 |
| Property Plant And Equipment | N/A | N/A | 14,791,000.00 | N/A | 15,290,000.00 | 18,904,000.00 |
| Goodwill | N/A | N/A | 9,523,000.00 | N/A | 9,523,000.00 | 9,523,000.00 |
| Intangible Assets Other Than Goodwill | N/A | N/A | 254,000.00 | N/A | 424,000.00 | 844,000.00 |
| Investment Accounted For Using Equity Method | N/A | N/A | 2,108,000.00 | N/A | 2,487,000.00 | 3,037,000.00 |
| Deferred Tax Assets | N/A | N/A | 11,383,000.00 | N/A | 10,806,000.00 | 11,167,000.00 |
| Current Assets | N/A | N/A | 58,097,000.00 | N/A | 75,647,000.00 | 77,888,000.00 |
| Inventories | N/A | N/A | 19,601,000.00 | N/A | 24,543,000.00 | 30,366,000.00 |
| Trade And Other Current Receivables | N/A | N/A | 19,751,000.00 | N/A | 25,344,000.00 | 24,873,000.00 |
| Current Tax Assets Current | N/A | N/A | 951,000.00 | N/A | 320,000.00 | 142,000.00 |
| Other Current Nonfinancial Assets | N/A | N/A | 211,000.00 | N/A | 889,000.00 | 880,000.00 |
| Cash and cash equivalents | N/A | 12,744,000.00 | 17,359,000.00 | 17,359,000.00 | 24,498,000.00 | 21,561,000.00 |
| Current Derivative Financial Assets | N/A | N/A | 106,000.00 | N/A | 0.00 | 19,000.00 |
| Equity And Liabilities | N/A | N/A | 97,136,000.00 | N/A | 115,093,000.00 | 122,222,000.00 |
| Equity | 53,761,000.00 | 53,761,000.00 | 57,037,000.00 | 57,037,000.00 | 59,982,000.00 | 67,204,000.00 |
| Issued Capital | N/A | N/A | 9,853,000.00 | N/A | 9,853,000.00 | 9,853,000.00 |
| Retained Earnings | N/A | N/A | 12,105,000.00 | N/A | 10,021,000.00 | 13,888,000.00 |
| Share Premium | N/A | N/A | 9,065,000.00 | N/A | 9,065,000.00 | 9,065,000.00 |
| Treasury Shares | N/A | N/A | 869,000.00 | N/A | 972,000.00 | 1,049,000.00 |
| Other Reserves | N/A | N/A | 26,161,000.00 | N/A | 31,550,000.00 | 34,487,000.00 |
| Equity Attributable To Owners Of Parent | N/A | N/A | 56,304,000.00 | N/A | 59,551,000.00 | 66,228,000.00 |
| Noncontrolling Interests | N/A | N/A | 733,000.00 | N/A | 431,000.00 | 976,000.00 |
| Liabilities | N/A | N/A | 40,099,000.00 | N/A | 55,111,000.00 | 55,018,000.00 |
| Noncurrent Liabilities | N/A | N/A | 14,122,000.00 | N/A | 10,379,000.00 | 10,119,000.00 |
| Noncurrent Provisions For Employee Benefits | N/A | N/A | 262,000.00 | N/A | 265,000.00 | 286,000.00 |
| Other Longterm Provisions | N/A | N/A | 415,000.00 | N/A | 386,000.00 | 455,000.00 |
| Deferred Tax Liabilities | N/A | N/A | 1,097,000.00 | N/A | 1,031,000.00 | 1,126,000.00 |
| Other Noncurrent Financial Liabilities | N/A | N/A | 2,418,000.00 | N/A | 2,015,000.00 | 2,434,000.00 |
| Other Noncurrent Liabilities | N/A | N/A | 816,000.00 | N/A | 819,000.00 | 1,079,000.00 |
| Noncurrent Portion Of Noncurrent Loans Received | N/A | N/A | 8,457,000.00 | N/A | 5,267,000.00 | 4,183,000.00 |
| Current Liabilities | N/A | N/A | 25,977,000.00 | N/A | 44,732,000.00 | 44,899,000.00 |
| Other Shortterm Provisions | N/A | N/A | 932,000.00 | N/A | 1,126,000.00 | 1,604,000.00 |
| Trade And Other Current Payables | N/A | N/A | 20,134,000.00 | N/A | 39,180,000.00 | 39,543,000.00 |
| Other Current Financial Liabilities | N/A | N/A | 1,752,000.00 | N/A | 1,147,000.00 | 889,000.00 |
| Current Derivative Financial Liabilities | N/A | N/A | 0.00 | N/A | 84,000.00 | 41,000.00 |
| Current Loans Received And Current Portion Of Noncurrent Loans Received | N/A | N/A | 3,016,000.00 | N/A | 3,038,000.00 | 2,666,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 66,523,000.00 | 76,546,000.00 | 98,151,000.00 |
| Other Income | 986,000.00 | 1,645,000.00 | 904,000.00 |
| Changes In Inventories Of Finished Goods And Work In Progress | -1,901,000.00 | -1,175,000.00 | -1,891,000.00 |
| Raw Materials And Consumables Used | 31,116,000.00 | 35,358,000.00 | 47,761,000.00 |
| Employee Benefits Expense | 17,821,000.00 | 18,843,000.00 | 21,911,000.00 |
| Depreciation And Amortisation Expense | 1,631,000.00 | 1,772,000.00 | 1,931,000.00 |
| Other Expense By Nature | 12,346,000.00 | 16,002,000.00 | 20,155,000.00 |
| Profit Loss From Operating Activities | 6,496,000.00 | 7,275,000.00 | 10,165,000.00 |
| Finance Income | 167,000.00 | 1,000.00 | 1,000.00 |
| Finance Costs | 319,000.00 | 551,000.00 | 307,000.00 |
| Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method | 65,000.00 | 379,000.00 | 592,000.00 |
| Profit Loss Before Tax | 6,468,000.00 | 7,042,000.00 | 10,314,000.00 |
| Income Tax Expense Continuing Operations | 585,000.00 | 1,363,000.00 | 1,143,000.00 |
| Profit (loss) | 5,883,000.00 | 5,679,000.00 | 9,171,000.00 |
| Profit Loss Attributable To Owners Of Parent | 5,763,000.00 | 5,573,000.00 | 9,038,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 120,000.00 | 106,000.00 | 133,000.00 |
| Line item in (eur) | 01.01.2021 | 02.01.2020 | 01.01.2022 | 02.01.2021 | 01.01.2023 |
|---|---|---|---|---|---|
| Profit (loss) | 5,883,000.00 | N/A | 5,679,000.00 | N/A | 9,171,000.00 |
| Adjustments For Finance Costs | 319,000.00 | N/A | 361,000.00 | N/A | 299,000.00 |
| Adjustments For Decrease Increase In Inventories | -1,420,000.00 | N/A | -4,942,000.00 | N/A | -3,197,000.00 |
| Adjustments For Depreciation And Amortisation Expense | 1,631,000.00 | N/A | 1,772,000.00 | N/A | 1,931,000.00 |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 0.00 | N/A | 116,000.00 | N/A | 188,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | -59,000.00 | N/A | 62,000.00 | N/A | 137,000.00 |
| Adjustments For Fair Value Gains Losses | -106,000.00 | N/A | 190,000.00 | N/A | 8,000.00 |
| Other Adjustments To Reconcile Profit Loss | -38,000.00 | N/A | 178,000.00 | N/A | -946,000.00 |
| Cash Flows From Used In Operations | 3,410,000.00 | N/A | 16,276,000.00 | N/A | 9,189,000.00 |
| Interest Paid Classified As Operating Activities | 221,000.00 | N/A | 273,000.00 | N/A | 251,000.00 |
| Interest Received Classified As Operating Activities | 61,000.00 | N/A | 1,000.00 | N/A | 1,000.00 |
| Other Inflows Outflows Of Cash Classified As Operating Activities | -12,000.00 | N/A | N/A | N/A | N/A |
| Cash Flows From Used In Operating Activities | 2,513,000.00 | N/A | 15,763,000.00 | N/A | 7,798,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | N/A | 0.00 | N/A | 1,802,000.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | 0.00 | N/A | 7,000.00 | N/A | 3,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | 2,733,000.00 | N/A | 2,126,000.00 | N/A | 2,581,000.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | 134,000.00 | N/A | 267,000.00 | N/A | 442,000.00 |
| Cash Flows From Used In Investing Activities | -2,790,000.00 | N/A | -2,338,000.00 | N/A | -4,914,000.00 |
| Payments To Acquire Or Redeem Entitys Shares | 405,000.00 | N/A | 831,000.00 | N/A | 0.00 |
| Proceeds From Borrowings Classified As Financing Activities | 9,908,000.00 | N/A | 2,000.00 | N/A | 5,000.00 |
| Repayments Of Borrowings Classified As Financing Activities | 2,271,000.00 | N/A | 3,183,000.00 | N/A | 3,146,000.00 |
| Proceeds From Government Grants Classified As Financing Activities | 254,000.00 | N/A | 290,000.00 | N/A | 205,000.00 |
| Dividends Paid Classified As Financing Activities | 2,232,000.00 | N/A | 2,135,000.00 | N/A | 2,500,000.00 |
| Cash Flows From Used In Financing Activities | 4,904,000.00 | N/A | -6,313,000.00 | N/A | -5,822,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | -12,000.00 | N/A | 27,000.00 | N/A | 1,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 4,615,000.00 | N/A | 7,139,000.00 | N/A | -2,937,000.00 |
| Cash and cash equivalents | 17,359,000.00 | 12,744,000.00 | 24,498,000.00 | 17,359,000.00 | 21,561,000.00 |
Please note that some sums might not add up.
ES0166300212
LEI959800EXHG00L95ZAK22
SectorIndustrial Machinery & Supplies & Components
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