Orthex Oyj Logo

Orthex Oyj

ISIN: FI4000480504 | Ticker: ORTHEX | LEI: 7437008RMK8BSWN39T09
Country: Finland

About Orthex Oyj

Company Description

Orthex Group is a leading Nordic producer of household products that make everyday life easier for the consumer.

Today, Orthex Group has customers in 40 countries and on four continents. It has three factories of its own and launches a variety of functional products every year. Orthex Group has been presented with the prestigious international Red Dot design award for its harmonious Nordic product design. The Group's brands include SmartStore™ (storage boxes), GastroMax™ (kitchen products) and Orthex™ (variety of products for home and garden).

Orthex Group invests in the quality, safety and design of its products, as well as in sustainable production methods. All of these areas are developed continuously. The company has been certified according to ISO 14001:2015 and ISO 9001:2015. This means that it will, within the framework of what is technically and financially feasible, contribute to an ecologically sustainable society.

Year founded

1956

Served area

Europe

Headcount

300

Headquarters

Suomalaistentie 7, 2270 Espoo – Finland

Financial statements

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Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Assets N/A 75,368,000.00 88,842,000.00 81,837,000.00
Noncurrent Assets N/A 45,944,000.00 46,320,000.00 43,790,000.00
Property Plant And Equipment N/A 11,382,000.00 13,131,000.00 13,547,000.00
Deferred Tax Assets N/A 1,070,000.00 1,163,000.00 760,000.00
Other Noncurrent Assets N/A 98,000.00 94,000.00 95,000.00
Current Assets N/A 29,424,000.00 42,522,000.00 38,047,000.00
Inventories N/A 9,906,000.00 12,647,000.00 14,283,000.00
Trade And Other Current Receivables N/A 14,264,000.00 15,528,000.00 13,387,000.00
Current Tax Assets Current N/A 5,000.00 0.00 N/A
Cash and cash equivalents 5,173,000.00 5,250,000.00 14,334,000.00 10,284,000.00
Current Derivative Financial Assets N/A 0.00 14,000.00 93,000.00
Equity And Liabilities N/A 75,368,000.00 88,842,000.00 81,837,000.00
Equity 14,365,000.00 17,022,000.00 31,798,000.00 29,711,000.00
Issued Capital N/A 3,000.00 80,000.00 80,000.00
Retained Earnings N/A 13,161,000.00 19,138,000.00 22,301,000.00
Treasury Shares N/A 71,000.00 0.00 N/A
Liabilities N/A 58,346,000.00 57,044,000.00 52,126,000.00
Noncurrent Liabilities N/A 40,550,000.00 36,748,000.00 32,791,000.00
Deferred Tax Liabilities N/A 572,000.00 742,000.00 769,000.00
Noncurrent Recognised Liabilities Defined Benefit Plan N/A 4,658,000.00 4,742,000.00 3,179,000.00
Longterm Borrowings N/A 26,652,000.00 23,720,000.00 22,363,000.00
Current Liabilities N/A 17,796,000.00 20,296,000.00 19,335,000.00
Trade And Other Current Payables N/A 11,791,000.00 13,692,000.00 14,000,000.00
Current Tax Liabilities Current N/A 1,736,000.00 2,390,000.00 1,037,000.00
Current Derivative Financial Liabilities N/A 110,000.00 0.00 8,000.00
Line item in (eur) 01.01.2020/
01.01.2021
01.01.2021/
01.01.2022
01.01.2022/
01.01.2023
Revenue 75,865,000.00 88,694,000.00 84,048,000.00
Other Income 278,000.00 549,000.00 206,000.00
Profit Loss From Operating Activities 12,281,000.00 9,250,000.00 5,191,000.00
Profit Loss Before Tax 9,858,000.00 7,664,000.00 3,009,000.00
Income Tax Expense Continuing Operations 2,165,000.00 1,629,000.00 888,000.00
Profit (loss) 7,692,000.00 6,035,000.00 2,121,000.00
Profit Loss Attributable To Owners Of Parent 7,692,000.00 6,035,000.00 2,121,000.00
Line item in (eur) 01.01.2020 01.01.2021 01.01.2022 01.01.2023
Profit (loss) N/A 7,692,000.00 6,035,000.00 2,121,000.00
Adjustments For Decrease Increase In Inventories N/A -149,000.00 -2,905,000.00 -2,358,000.00
Other Adjustments To Reconcile Profit Loss N/A 43,000.00 -48,000.00 204,000.00
Cash Flows From Used In Operations N/A 15,376,000.00 11,112,000.00 9,479,000.00
Dividends Received Classified As Operating Activities N/A 7,000.00 0.00 N/A
Interest Paid Classified As Operating Activities N/A 2,319,000.00 1,331,000.00 1,135,000.00
Interest Received Classified As Operating Activities N/A 0.00 0.00 N/A
Income Taxes Paid Refund Classified As Operating Activities N/A 355,000.00 801,000.00 2,167,000.00
Cash Flows From Used In Operating Activities N/A 12,709,000.00 8,979,000.00 6,177,000.00
Other Inflows Outflows Of Cash Classified As Investing Activities N/A 4,000.00 0.00 N/A
Cash Flows From Used In Investing Activities N/A -3,197,000.00 -4,665,000.00 -3,525,000.00
Proceeds From Issuing Shares N/A 0.00 10,000,000.00 0.00
Payments Of Lease Liabilities Classified As Financing Activities N/A 1,183,000.00 1,286,000.00 1,312,000.00
Cash Flows From Used In Financing Activities N/A -9,516,000.00 4,857,000.00 -6,008,000.00
Increase (decrease) in cash and cash equivalents before effect of exchange rate changes N/A -3,000.00 9,172,000.00 -3,356,000.00
Effect Of Exchange Rate Changes On Cash And Cash Equivalents N/A 81,000.00 -88,000.00 -694,000.00
Cash and cash equivalents 5,173,000.00 5,250,000.00 14,334,000.00 10,284,000.00

Please note that some sums might not add up.

Filings & Publications

2022

Report
Q1
H1
Q3
FY
Consolidated Report
FIN
Corporate Governance Report
Company Presentation
Sustainability Report
Remuneration Report

2021

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

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Capital markets information

ISIN

FI4000480504

LEI

7437008RMK8BSWN39T09

Sector

Consumer Discretionary

Industry Group

Consumer Durables & Apparel

Industry

Household Durables

Sub-Industry

Household Appliances

Listed Stock Exchange

Nasdaq Helsinki

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