Soltec Power Holdings S.A.
ISIN: ES0105513008 | Ticker: SOL | LEI: 959800L6L2B2GGN73292
Country: Spain
An integrated PV company with a sustainable business Model
The 3rd accumulative PV tracker manufacturer in the world
Soltec Power Holding counts on a global labor force of more than 1300 people and 17 years of history in the solar photovoltaic sector manufacturing PV tracking equipment. Also developing, financing and operating each project allowing a better control from end to end, generating differential factors and capturing additional margins while creating new entry barriers for competitors. Soltec Power Holdings’ facilities are in Argentina, Australia, Brazil, Chile, China, Colombia, Denmark, France, India, Israel, Italy, Kenya, Mexico, Peru, Spain and the United States.
2004
Served areaWorldwide
Headcount2,495
HeadquartersCL Gabriel Campillo Contreras S/N, 30500 Molina – Spain
| Line item in (eur) | 01.01.2019 | 02.01.2019 | 01.01.2020 | 02.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | 251,130,000.00 | N/A | 311,436,000.00 | 476,951,000.00 | 555,810,000.00 |
| Noncurrent Assets | N/A | N/A | 59,716,000.00 | N/A | 62,567,000.00 | 184,060,000.00 | 282,447,000.00 |
| Property Plant And Equipment | N/A | N/A | 7,259,000.00 | N/A | 8,486,000.00 | 92,176,000.00 | 160,041,000.00 |
| Land And Buildings | N/A | N/A | 2,449,000.00 | N/A | 3,442,000.00 | 3,620,000.00 | 3,424,000.00 |
| Construction In Progress | N/A | N/A | N/A | N/A | 0.00 | 83,352,000.00 | 75,623,000.00 |
| Other Property Plant And Equipment | N/A | N/A | N/A | N/A | 5,044,000.00 | 5,204,000.00 | 80,994,000.00 |
| Intangible Assets Other Than Goodwill | N/A | N/A | 34,045,000.00 | N/A | 13,393,000.00 | 19,448,000.00 | 28,349,000.00 |
| Copyrights Patents And Other Industrial Property Rights Service And Operating Rights | N/A | N/A | N/A | N/A | 2,800,000.00 | 4,492,000.00 | 4,540,000.00 |
| Intangible Assets Under Development | N/A | N/A | 1,610,000.00 | N/A | 2,800,000.00 | N/A | N/A |
| Other Intangible Assets | N/A | N/A | 32,435,000.00 | N/A | 10,593,000.00 | 14,956,000.00 | 23,809,000.00 |
| Investments In Associates Accounted For Using Equity Method | N/A | N/A | N/A | N/A | 4,101,000.00 | 23,297,000.00 | 38,766,000.00 |
| Investments In Subsidiaries Joint Ventures And Associates | N/A | N/A | 0.00 | N/A | 5,308,000.00 | 26,030,000.00 | 41,371,000.00 |
| Deferred Tax Assets | N/A | N/A | 4,339,000.00 | N/A | 13,788,000.00 | 21,959,000.00 | 22,303,000.00 |
| Current Assets | N/A | N/A | 191,414,000.00 | N/A | 248,869,000.00 | 292,891,000.00 | 273,363,000.00 |
| Inventories | N/A | N/A | 25,461,000.00 | N/A | 22,883,000.00 | 70,853,000.00 | 38,757,000.00 |
| Trade And Other Current Receivables | N/A | N/A | 117,644,000.00 | N/A | 65,139,000.00 | 155,380,000.00 | 181,036,000.00 |
| Current Trade Receivables | N/A | N/A | 117,533,000.00 | N/A | 64,004,000.00 | 154,611,000.00 | 180,618,000.00 |
| Current Value Added Tax Receivables | N/A | N/A | 17,145,000.00 | N/A | 10,538,000.00 | 16,291,000.00 | 18,974,000.00 |
| Other Current Receivables | N/A | N/A | 111,000.00 | N/A | 1,135,000.00 | 769,000.00 | 418,000.00 |
| Current Tax Assets Current | N/A | N/A | 1,241,000.00 | N/A | 1,717,000.00 | 790,000.00 | 675,000.00 |
| Cash and cash equivalents | N/A | 0.00 | 25,935,000.00 | 25,935,000.00 | 125,748,000.00 | 36,180,000.00 | 19,001,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | N/A | 0.00 | N/A | 18,583,000.00 | 0.00 | N/A |
| Other Current Assets | N/A | N/A | 797,000.00 | N/A | 1,963,000.00 | 6,026,000.00 | 4,769,000.00 |
| Equity And Liabilities | N/A | N/A | 251,130,000.00 | N/A | 311,436,000.00 | 476,951,000.00 | 555,810,000.00 |
| Equity | 16,244,000.00 | N/A | 17,982,000.00 | N/A | 142,461,000.00 | 146,980,000.00 | 162,666,000.00 |
| Issued Capital | N/A | N/A | 15,060,000.00 | N/A | 22,847,000.00 | 22,847,000.00 | 22,847,000.00 |
| Share Premium | N/A | N/A | 1,259,000.00 | N/A | 143,472,000.00 | 143,472,000.00 | 143,472,000.00 |
| Treasury Shares | N/A | N/A | N/A | N/A | 0.00 | 4,632,000.00 | 4,895,000.00 |
| Equity Attributable To Owners Of Parent | N/A | N/A | 17,981,000.00 | N/A | 142,469,000.00 | 147,032,000.00 | 162,710,000.00 |
| Noncontrolling Interests | N/A | N/A | 1,000.00 | N/A | -8,000.00 | -52,000.00 | -44,000.00 |
| Noncurrent Liabilities | N/A | N/A | 23,806,000.00 | N/A | 23,376,000.00 | 20,311,000.00 | 79,624,000.00 |
| Noncurrent Provisions | N/A | N/A | 181,000.00 | N/A | 2,367,000.00 | 2,884,000.00 | 2,571,000.00 |
| Deferred Tax Liabilities | N/A | N/A | 8,073,000.00 | N/A | 1,595,000.00 | 1,269,000.00 | 1,513,000.00 |
| Other Noncurrent Financial Liabilities | N/A | N/A | N/A | N/A | N/A | 16,158,000.00 | 26,778,000.00 |
| Noncurrent Portion Of Noncurrent Loans Received | N/A | N/A | N/A | N/A | N/A | 0.00 | 48,762,000.00 |
| Current Liabilities | N/A | N/A | 209,342,000.00 | N/A | 145,599,000.00 | 309,660,000.00 | 313,520,000.00 |
| Current Provisions | N/A | N/A | 594,000.00 | N/A | 2,117,000.00 | 1,551,000.00 | 3,203,000.00 |
| Trade And Other Current Payables | N/A | N/A | 103,125,000.00 | N/A | 40,127,000.00 | 205,015,000.00 | 200,602,000.00 |
| Trade And Other Current Payables To Trade Suppliers | N/A | N/A | 89,333,000.00 | N/A | 33,117,000.00 | 159,621,000.00 | 155,910,000.00 |
| Other Current Payables | N/A | N/A | 13,792,000.00 | N/A | 7,010,000.00 | 45,394,000.00 | 44,692,000.00 |
| Current Tax Liabilities Current | N/A | N/A | 1,084,000.00 | N/A | 123,000.00 | 104,000.00 | 2,258,000.00 |
| Other Current Financial Liabilities | N/A | N/A | 15,552,000.00 | N/A | 10,741,000.00 | 3,744,000.00 | 4,359,000.00 |
| Liabilities Included In Disposal Groups Classified As Held For Sale | N/A | N/A | N/A | N/A | 4,646,000.00 | 0.00 | N/A |
| Current Derivative Financial Liabilities | N/A | N/A | 2,468,000.00 | N/A | 358,000.00 | 1,760,000.00 | 373,000.00 |
| Other Current Liabilities | N/A | N/A | 0.00 | N/A | 4,646,000.00 | N/A | N/A |
| Current Loans Received And Current Portion Of Noncurrent Loans Received | N/A | N/A | 82,320,000.00 | N/A | 85,889,000.00 | 92,781,000.00 | 96,965,000.00 |
| 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 | 356,812,000.00 | 235,646,000.00 | 346,514,000.00 | 568,196,000.00 |
| Changes In Inventories Of Finished Goods And Work In Progress | -917,000.00 | -559,000.00 | -7,118,000.00 | 4,552,000.00 |
| Other Work Performed By Entity And Capitalised | 968,000.00 | 3,445,000.00 | 72,173,000.00 | 50,825,000.00 |
| Employee Benefits Expense | 32,309,000.00 | 36,429,000.00 | N/A | N/A |
| Depreciation And Amortisation Expense | 4,386,000.00 | 3,712,000.00 | 3,724,000.00 | 4,382,000.00 |
| Other Gains Losses | 2,318,000.00 | 442,000.00 | -1,947,000.00 | -1,465,000.00 |
| Profit Loss From Operating Activities | 15,449,000.00 | -17,575,000.00 | -13,422,000.00 | 22,706,000.00 |
| Gains Losses On Net Monetary Position | -289,000.00 | -310,000.00 | 454,000.00 | 456,000.00 |
| Finance Income | 149,000.00 | 6,550,000.00 | 246,000.00 | 995,000.00 |
| Finance Costs | 5,221,000.00 | 6,412,000.00 | 5,132,000.00 | 10,190,000.00 |
| Profit Loss Before Tax | 360,000.00 | -10,770,000.00 | -5,506,000.00 | 18,079,000.00 |
| Income Tax Expense Continuing Operations | -980,000.00 | -5,842,000.00 | -4,339,000.00 | 5,016,000.00 |
| Profit (loss) | 1,340,000.00 | -4,928,000.00 | -1,167,000.00 | 13,063,000.00 |
| Profit Loss Attributable To Owners Of Parent | 1,338,000.00 | -4,918,000.00 | -1,125,000.00 | 13,088,000.00 |
| Profit Loss Attributable To Noncontrolling Interests | 2,000.00 | -10,000.00 | -42,000.00 | -25,000.00 |
| Line item in (eur) | 01.01.2020 | 02.01.2019 | 01.01.2021 | 02.01.2020 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|---|---|
| Profit (loss) | 1,340,000.00 | N/A | -4,928,000.00 | N/A | -1,167,000.00 | 13,063,000.00 |
| Adjustments For Finance Costs | 5,221,000.00 | N/A | 6,412,000.00 | N/A | 5,132,000.00 | 10,190,000.00 |
| Adjustments For Decrease Increase In Inventories | 1,897,000.00 | N/A | -1,013,000.00 | N/A | 48,756,000.00 | -30,471,000.00 |
| Adjustments For Depreciation And Amortisation Expense | 4,386,000.00 | N/A | 3,712,000.00 | N/A | 3,724,000.00 | 4,382,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | 1,526,000.00 | N/A | -3,626,000.00 | N/A | -2,310,000.00 | -8,061,000.00 |
| Adjustments For Losses Gains On Disposal Of Noncurrent Assets | 0.00 | N/A | 644,000.00 | N/A | 184,000.00 | 0.00 |
| Other Adjustments To Reconcile Profit Loss | -2,118,000.00 | N/A | -948,000.00 | N/A | -3,589,000.00 | 1,465,000.00 |
| Interest Paid Classified As Operating Activities | 5,041,000.00 | N/A | 5,413,000.00 | N/A | 3,389,000.00 | 9,306,000.00 |
| Interest Received Classified As Operating Activities | 149,000.00 | N/A | 116,000.00 | N/A | 246,000.00 | 995,000.00 |
| Income Taxes Paid Refund Classified As Operating Activities | 1,435,000.00 | N/A | 720,000.00 | N/A | -804,000.00 | -686,000.00 |
| Other Inflows Outflows Of Cash Classified As Operating Activities | -6,327,000.00 | N/A | -6,017,000.00 | N/A | -2,339,000.00 | -7,625,000.00 |
| Cash Flows From Used In Operating Activities | 4,789,000.00 | N/A | -34,109,000.00 | N/A | 17,124,000.00 | 20,728,000.00 |
| Other Cash Receipts From Sales Of Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | 0.00 | N/A | 3,174,000.00 | N/A | 0.00 | N/A |
| Other Cash Payments To Acquire Equity Or Debt Instruments Of Other Entities Classified As Investing Activities | 7,621,000.00 | N/A | 5,463,000.00 | N/A | 8,970,000.00 | 16,981,000.00 |
| Cash Flows From Used In Investing Activities | -10,427,000.00 | N/A | -6,884,000.00 | N/A | -101,197,000.00 | -99,157,000.00 |
| Cash Flows From Used In Financing Activities | 31,001,000.00 | N/A | 141,051,000.00 | N/A | -5,891,000.00 | 64,022,000.00 |
| Effect Of Exchange Rate Changes On Cash And Cash Equivalents | 572,000.00 | N/A | -245,000.00 | N/A | 396,000.00 | -2,772,000.00 |
| Increase (decrease) in cash and cash equivalents after effect of exchange rate changes | 25,935,000.00 | N/A | 99,813,000.00 | N/A | -89,568,000.00 | -17,179,000.00 |
| Cash and cash equivalents | 25,935,000.00 | 0.00 | 125,748,000.00 | 25,935,000.00 | 36,180,000.00 | 19,001,000.00 |
Please note that some sums might not add up.
ES0105513008
LEI959800L6L2B2GGN73292
SectorElectrical Components & Equipment
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