Nueva Expresion Textil S.A.
ISIN: ES0126962069 | Ticker: NXT | LEI: 9598000XPMA4HRVG3Z89
Country: Spain
NEXTIL, is one of the leading textile groups in the manufacture of fabrics and garments for fashion, lingerie, sportswear and swimwear in Europe and America. Specialized in the design and production of both fabrics and garments, it has several production plants strategically located in Spain, Portugal and the United States.The group began a transformation process in 2014 with the entry of Businessgate as majority shareholder. A strategic plan was defined with the time horizon in 2020 with the objective of boosting organic growth and developing a plan for sectoral acquisitions and consolidation that integrates the entire textile value chain.With the boost that is expected of the eco-sustainable world sector in 2019, the integration of the group from the design of the yarn and its choice, the control of all the production processes, and the use of responsible products, will allow the company to have a Competitive advantage difficult to match in the fashion market.
Year founded1954
Served areaWorldwide
HeadquartersCL/ Zurbano 23, 28010 Madrid – Spain
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 49,408,756.00 | 54,193,851.00 | 53,207,011.00 |
| Noncurrent Assets | N/A | 24,252,292.00 | 24,332,240.00 | 34,383,834.00 |
| Property Plant And Equipment | N/A | 8,129,216.00 | 8,614,875.00 | 14,028,743.00 |
| Land And Buildings | N/A | 4,425,497.00 | 4,289,920.00 | 3,930,588.00 |
| Construction In Progress | N/A | 126,563.00 | 1,326,988.00 | 7,344,056.00 |
| Goodwill | N/A | 1,115,725.00 | 1,115,725.00 | 368,751.00 |
| Computer Software | N/A | 326,084.00 | 150,292.00 | 237,310.00 |
| Intangible Assets Under Development | N/A | 181,800.00 | 841,763.00 | 1,532,360.00 |
| Other Intangible Assets | N/A | 79,906.00 | 79,906.00 | 2,266.00 |
| Deferred Tax Assets | N/A | 297,520.00 | 193,723.00 | 242,784.00 |
| Other Noncurrent Financial Assets | N/A | 1,983,037.00 | 238,579.00 | 215,250.00 |
| Noncurrent Loans And Receivables | N/A | 20,497.00 | 23,035.00 | 39,381.00 |
| Current Assets | N/A | 25,156,464.00 | 29,861,611.00 | 18,823,177.00 |
| Inventories | N/A | 7,655,754.00 | 11,381,963.00 | 6,919,746.00 |
| Current Raw Materials And Current Production Supplies | N/A | 2,031,315.00 | 3,805,604.00 | 2,618,081.00 |
| Work In Progress | N/A | 3,430,350.00 | 5,148,403.00 | 3,099,519.00 |
| Finished Goods | N/A | 1,942,044.00 | 2,404,401.00 | 1,161,129.00 |
| Trade And Other Current Receivables | N/A | 11,877,963.00 | 12,027,960.00 | 8,770,110.00 |
| Current Trade Receivables | N/A | 9,327,260.00 | 10,013,401.00 | 6,238,900.00 |
| Current Advances To Suppliers | N/A | 150,000.00 | 23,555.00 | 41,017.00 |
| Current Receivables From Taxes Other Than Income Tax | N/A | 858,537.00 | 1,184,499.00 | 2,076,188.00 |
| Other Current Receivables | N/A | 267,104.00 | 231,204.00 | 241,677.00 |
| Other Current Financial Assets | N/A | 8,800.00 | 4,506.00 | 132,933.00 |
| Cash and cash equivalents | 2,208,038.00 | 5,215,730.00 | 5,838,124.00 | 2,664,803.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners | N/A | N/A | 0.00 | 27,074.00 |
| Equity And Liabilities | N/A | 49,408,756.00 | 54,193,851.00 | 53,207,011.00 |
| Equity | -792,872.00 | -24,835,002.00 | -28,842,744.00 | -30,963,354.00 |
| Issued Capital | N/A | 5,054,461.00 | 5,054,461.00 | 5,511,589.00 |
| Retained Earnings Profit Loss For Reporting Period | N/A | N/A | -3,687,781.00 | -14,172,891.00 |
| Share Premium | N/A | 24,074,179.00 | 24,074,179.00 | 36,188,074.00 |
| Treasury Shares | N/A | 273,479.00 | 138,302.00 | 204,021.00 |
| Other Equity Interest | N/A | 2,397,756.00 | 2,397,756.00 | 2,397,756.00 |
| Equity Attributable To Owners Of Parent | N/A | -25,073,854.00 | -28,934,755.00 | -31,006,345.00 |
| Noncontrolling Interests | N/A | -13,134.00 | -36,232.00 | -40,004.00 |
| Noncurrent Liabilities | N/A | 38,111,739.00 | 48,623,370.00 | 34,978,656.00 |
| Noncurrent Provisions | N/A | 817,700.00 | 0.00 | N/A |
| Noncurrent Payables To Related Parties | N/A | 8,180,811.00 | 15,365,810.00 | 9,666,205.00 |
| Noncurrent Government Grants | N/A | 0.00 | 46,470.00 | 46,470.00 |
| Deferred Tax Liabilities | N/A | 2,437,976.00 | 2,066,067.00 | 1,494,606.00 |
| Other Noncurrent Financial Liabilities | N/A | 5,119,771.00 | 1,056,332.00 | 1,648,319.00 |
| Longterm Borrowings | N/A | 26,675,252.00 | 31,145,023.00 | 23,771,375.00 |
| Noncurrent Portion Of Noncurrent Unsecured Bank Loans Received | N/A | 10,302,649.00 | 16,121,975.00 | 5,021,755.00 |
| Current Liabilities | N/A | 36,132,019.00 | 34,413,225.00 | 49,191,709.00 |
| Current Provisions | N/A | 335,504.00 | 81,600.00 | 312,306.00 |
| Trade And Other Current Payables | N/A | 13,874,094.00 | 13,634,596.00 | 13,507,192.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | 5,765,867.00 | 6,649,760.00 | 5,942,713.00 |
| Trade And Other Current Payables To Related Parties | N/A | 134,280.00 | 372,416.00 | 0.00 |
| Current Advances | N/A | 0.00 | 14,012.00 | 124,277.00 |
| Accruals Classified As Current | N/A | N/A | 0.00 | 5,651.00 |
| Shortterm Employee Benefits Accruals | N/A | 2,984,519.00 | 1,414,088.00 | 2,809,510.00 |
| Current Payables On Social Security And Taxes Other Than Income Tax | N/A | 1,047,743.00 | 798,111.00 | 580,213.00 |
| Other Current Payables | N/A | 3,462,815.00 | 3,450,597.00 | 4,042,788.00 |
| Other Current Financial Liabilities | N/A | 5,953,450.00 | 4,618,873.00 | 4,912,724.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 21,788,141.00 | 20,324,613.00 | 35,366,560.00 |
| Current Unsecured Bank Loans Received And Current Portion Of Noncurrent Unsecured Bank Loans Received | N/A | 15,288,436.00 | 15,038,864.00 | 21,535,144.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 58,511,308.00 | 51,337,938.00 | 49,731,582.00 |
| Revenue From Sale Of Goods | 57,926,840.00 | 51,337,938.00 | 49,642,430.00 |
| Revenue From Rendering Of Services | 584,468.00 | 0.00 | 89,152.00 |
| Other Income | 174,065.00 | 170,144.00 | 1,200,908.00 |
| Changes In Inventories Of Finished Goods And Work In Progress | 6,134,439.00 | -2,475,653.00 | 490,807.00 |
| Other Work Performed By Entity And Capitalised | 95,937.00 | 114,944.00 | 597,442.00 |
| Raw Materials And Consumables Used | 23,185,394.00 | 25,089,846.00 | 24,134,502.00 |
| Cost Of Merchandise Sold | 38,953.00 | 0.00 | 1,309.00 |
| Services Expense | N/A | 5,250,293.00 | 6,668,017.00 |
| Employee Benefits Expense | 17,086,542.00 | 9,416,885.00 | 12,014,894.00 |
| Wages And Salaries | 11,318,001.00 | 7,655,196.00 | 9,996,861.00 |
| Social Security Contributions | 3,095,727.00 | 1,761,689.00 | 2,018,033.00 |
| Depreciation And Amortisation Expense | 6,506,760.00 | 2,825,361.00 | 2,813,704.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 5,901,470.00 | 0.00 | 286,536.00 |
| Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | 5,901,470.00 | 0.00 | 286,536.00 |
| Tax Expense Other Than Income Tax Expense | 584,436.00 | 322,513.00 | 393,037.00 |
| Other Expense By Nature | 10,367,257.00 | 5,515,908.00 | 6,846,805.00 |
| Other Gains Losses | -635,212.00 | 0.00 | N/A |
| Profit Loss From Operating Activities | -22,004,451.00 | 2,992,058.00 | -872,482.00 |
| Finance Income | 152,907.00 | 2,284.00 | 0.00 |
| Finance Costs | 3,646,768.00 | 2,714,018.00 | 3,706,158.00 |
| Profit Loss Before Tax | -25,711,859.00 | 246,563.00 | -4,860,492.00 |
| Income Tax Expense Continuing Operations | -1,348,863.00 | 1,103,992.00 | 263,130.00 |
| Profit Loss From Continuing Operations | N/A | -857,429.00 | -5,123,622.00 |
| Profit Loss From Discontinued Operations | N/A | -2,830,352.00 | -9,049,269.00 |
| Profit (loss) | -24,362,996.00 | -3,687,781.00 | -14,172,891.00 |
| Profit Loss Attributable To Owners Of Parent | -24,351,436.00 | -3,664,683.00 | -14,169,119.00 |
| Profit Loss Attributable To Noncontrolling Interests | -11,560.00 | -23,098.00 | -3,772.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -24,362,996.00 | -3,687,781.00 | -14,172,891.00 |
| Adjustments For Reconcile Profit Loss | N/A | 24,788,197.00 | 5,107,736.00 | 10,398,146.00 |
| Adjustments For Finance Costs | N/A | 3,646,768.00 | 3,535,650.00 | 3,853,022.00 |
| Adjustments For Decrease Increase In Inventories | N/A | 1,702,429.00 | -3,235,630.00 | 4,108,063.00 |
| Adjustments For Depreciation And Amortisation Expense | N/A | 6,506,760.00 | 3,768,162.00 | 3,723,639.00 |
| Adjustments For Impairment Loss Reversal Of Impairment Loss Recognised In Profit Or Loss | N/A | 12,091,529.00 | -1,046,495.00 | 1,478,027.00 |
| Adjustments For Provisions | N/A | 2,493,418.00 | -143,000.00 | 0.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | 0.00 | -236,959.00 | -191,695.00 |
| Adjustments For Fair Value Gains Losses | N/A | N/A | 27,710.00 | 0.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | 0.00 | -827,886.00 | 1,328,919.00 |
| Adjustments For Reconcile Profit Loss | N/A | 24,788,197.00 | 5,107,736.00 | 10,398,146.00 |
| Interest Paid Classified As Operating Activities | N/A | 2,978,182.00 | 2,210,855.00 | 1,472,653.00 |
| Interest Received Classified As Operating Activities | N/A | 0.00 | 5,133.00 | 0.00 |
| Income Taxes Paid Refund Classified As Operating Activities | N/A | 1,223,233.00 | -130,875.00 | 1,614,480.00 |
| Other Inflows Outflows Of Cash Classified As Operating Activities | N/A | -4,201,415.00 | -2,074,847.00 | -3,087,132.00 |
| Cash Flows From Used In Operating Activities | N/A | -635,437.00 | -4,550,102.00 | 1,953,253.00 |
| Proceeds From Sales Of Property Plant And Equipment Classified As Investing Activities | N/A | N/A | 0.00 | 343,000.00 |
| Purchase Of Property Plant And Equipment Classified As Investing Activities | N/A | 957,695.00 | 1,500,994.00 | 7,327,986.00 |
| Purchase Of Intangible Assets Classified As Investing Activities | N/A | 651,973.00 | 919,238.00 | 1,632,702.00 |
| Cash Flows From Used In Investing Activities | N/A | -1,299,911.00 | -2,496,718.00 | -8,713,912.00 |
| Proceeds From Issuing Shares | N/A | 0.00 | 46,470.00 | 4,999,999.00 |
| Payments To Acquire Or Redeem Entitys Shares | N/A | N/A | 0.00 | 65,720.00 |
| Cash Flows From Used In Financing Activities | N/A | 4,943,040.00 | 7,669,214.00 | 3,587,338.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | N/A | 0.00 | 0.00 | 0.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | N/A | 3,007,692.00 | 622,394.00 | -3,173,321.00 |
| Cash and cash equivalents | 2,208,038.00 | 5,215,730.00 | 5,838,124.00 | 2,664,803.00 |
Please note that some sums might not add up.
ES0126962069
LEI9598000XPMA4HRVG3Z89
SectorTextiles, Apparel & Luxury Goods
Sub-IndustryKeep yourself informed with the most recent updates on FinancialReports, IPOs, product advancements, and other significant news.