Orrön Energy Logo

Orrön Energy

ISIN: SE0000825820 | Ticker: ORRON | LEI: 549300IULC8F8IGXKI15
Sector: UtilitiesSub-Industry: Electric Utilities
Country: Sweden

About Orrön Energy

Company Description

Orrön Energy is an independent, publicly listed pure play renewables company, with high quality and low-cost renewables assets in the Nordics.

Orrön Energy has a portfolio of high quality and cash flow generating assets in the Nordics, with significant financial capacity to fund further growth and acquisitions. With a major shareholder, management and Board with a proven track record of organic growth, Orrön Energy is in a unique position to create shareholder value through the energy transition.

The initial focus for the business is to continue to invest in renewable energy projects in the Nordics, which has a stable and mature market for renewable energy, followed by a potential expansion in Europe. The long-term vision is to grow into an industry leading energy company, with scale and sufficient cash flow to be able to provide progressive shareholder returns and explore new ideas and solutions to help drive the energy transition.

Year founded

2001

Served area

Europe

Headcount

448

Headquarters

Hovslagargatan 5, 11148 Stockholm – Sweden

Financial statements

Download as Excel
Line item in (usd) 01.01.2021 01.01.2022
Assets 6,653,200,000.00 7,907,500,000.00
Noncurrent Assets 6,220,900,000.00 175,400,000.00
Goodwill 128,100,000.00 0.00
Investments In Joint Ventures Accounted For Using Equity Method 110,600,000.00 108,700,000.00
Noncurrent Receivables Due From Joint Ventures 0.00 35,100,000.00
Other Noncurrent Financial Assets 13,500,000.00 0.00
Noncurrent Derivative Financial Assets 3,800,000.00 0.00
Current Assets 432,300,000.00 7,732,100,000.00
Inventories 59,100,000.00 0.00
Trade And Other Current Receivables 278,600,000.00 5,300,000.00
Cash and cash equivalents 82,500,000.00 130,000,000.00
Noncurrent Assets Or Disposal Groups Classified As Held For Sale Or As Held For Distribution To Owners 0.00 7,468,200,000.00
Current Derivative Financial Assets 12,100,000.00 0.00
Equity And Liabilities 6,653,200,000.00 7,907,500,000.00
Equity -1,769,100,000.00 -1,419,300,000.00
Issued Capital 500,000.00 500,000.00
Other Reserves -769,200,000.00 -404,500,000.00
Additional Paidin Capital 323,700,000.00 321,100,000.00
Liabilities 8,422,300,000.00 9,326,800,000.00
Noncurrent Liabilities 7,588,100,000.00 0.00
Other Longterm Provisions 565,600,000.00 0.00
Deferred Tax Liabilities 2,893,900,000.00 0.00
Other Noncurrent Financial Liabilities 3,983,900,000.00 0.00
Noncurrent Derivative Financial Liabilities 144,700,000.00 0.00
Current Liabilities 834,200,000.00 9,326,800,000.00
Current Provisions 21,300,000.00 0.00
Trade And Other Current Payables 202,500,000.00 4,200,000.00
Current Tax Liabilities Current 444,400,000.00 0.00
Other Current Financial Liabilities 6,100,000.00 0.00
Liabilities Included In Disposal Groups Classified As Held For Sale 0.00 9,194,000,000.00
Current Derivative Financial Liabilities 87,600,000.00 0.00
Current Dividend Payables 72,300,000.00 128,600,000.00
Line item in (usd) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
Profit Loss From Operating Activities -16,400,000.00 -19,400,000.00
Finance Income 500,000.00 2,600,000.00
Finance Costs 900,000.00 200,000.00
Share Of Profit Loss Of Associates And Joint Ventures Accounted For Using Equity Method -100,000.00 900,000.00
Profit Loss Before Tax -16,900,000.00 -16,100,000.00
Income Tax Expense Continuing Operations 1,000,000.00 0.00
Profit Loss From Continuing Operations -17,900,000.00 -16,100,000.00
Profit Loss From Discontinued Operations 402,100,000.00 509,900,000.00
Profit (loss) 384,200,000.00 493,800,000.00
Profit Loss Attributable To Owners Of Parent 384,200,000.00 493,800,000.00
Line item in (usd) 01.01.2021 01.01.2022
Profit (loss) 384,200,000.00 493,800,000.00
Adjustments For Income Tax Expense 511,800,000.00 2,562,800,000.00
Adjustments For Decrease Increase In Inventories -7,200,000.00 -8,100,000.00
Adjustments For Increase Decrease In Trade Account Payable -22,600,000.00 234,700,000.00
Adjustments For Depreciation And Amortisation Expense 614,600,000.00 703,200,000.00
Adjustments For Unrealised Foreign Exchange Losses Gains -230,300,000.00 186,400,000.00
Adjustments For Sharebased Payments 9,500,000.00 6,100,000.00
Other Adjustments For Noncash Items 6,300,000.00 38,200,000.00
Interest Paid Classified As Operating Activities 126,600,000.00 50,900,000.00
Interest Received Classified As Operating Activities 800,000.00 1,200,000.00
Cash Flows From Used In Operating Activities 1,528,000,000.00 3,058,000,000.00
Cash Flows From Used In Investing Activities -1,079,800,000.00 -1,412,500,000.00
Payments Of Lease Liabilities Classified As Financing Activities 3,200,000.00 26,600,000.00
Dividends Paid Classified As Financing Activities 318,200,000.00 455,000,000.00
Cash Flows From Used In Financing Activities -456,200,000.00 -1,300,500,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes -8,000,000.00 345,000,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents 5,200,000.00 24,600,000.00
Cash and cash equivalents 82,500,000.00 130,000,000.00

Please note that some sums might not add up.

Filings & Publications

2021

Report
Q1
H1
Q3
FY
Consolidated Report
ENG / SWE
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

Insider Trades

Date Trading entity / Person Association Trade type Volume
08.11.23 Daniel Fitzgerald Other Buy SEK 625,000.00
30.08.23 Daniel Fitzgerald Other Buy SEK 256,200.00
26.05.23 Infovidi Ltd Other Buy SEK 509,940.00
16.05.23 Daniel Fitzgerald Other Buy SEK 410,400.00
16.05.23 Henrika Frykman Other Buy SEK 202,400.00
24.03.23 Espen Hennie Other Buy SEK 133,600.00
20.03.23 Infovidi Ltd Other Buy SEK 329,000.00
17.03.23 Espen Hennie Other Buy SEK 133,300.00
16.03.23 Henrika Frykman Other Buy SEK 128,100.00
13.03.23 Daniel Fitzgerald Other Buy SEK 396,750.00

Capital markets information

ISIN

SE0000825820

LEI

549300IULC8F8IGXKI15

Sector

Utilities

Industry Group

Utilities

Industry

Electric Utilities

Sub-Industry

Electric Utilities

Listed Stock Exchange

Nasdaq Stockholm

Contact Investor Relations department

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