Valoe Oyj
ISIN: FI0009006951 | Ticker: VALOE | LEI: 743700P8A4M2MREWN035
Country: Finland
Valoe Oyj is a Finnish technology company specializing in photovoltaic technology. The company is developing new efficient methods to generate renewable solar electricity in an innovative way.
Valoe Oyj manufactures IBC solar cells in Vilnius, Lithuania, and conventional and Valoe OddForm® PV solar modules in Juva, Finland. Valoe also installs photovoltaic systems either as traditional solar power plants or as systems integrated into its application. Valoe has developed its own production lines and also offers photovoltaic technology and equipment to its customers.
Since 1999, Valoe's shares have been listed on the NASDAQ OMX Helsinki Exchanges.
1948
Served areaEurope
HeadquartersInsinöörinkatu 5, 50150 Mikkeli – Finland
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Assets | N/A | 16,308,000.00 | 17,182,000.00 | 15,449,000.00 |
| Noncurrent Assets | N/A | 14,524,000.00 | 14,368,000.00 | 13,407,000.00 |
| Property Plant And Equipment | N/A | 9,858,000.00 | 10,447,000.00 | 10,598,000.00 |
| Goodwill | N/A | 441,000.00 | 441,000.00 | 441,000.00 |
| Intangible Assets Other Than Goodwill | N/A | 3,544,000.00 | 2,798,000.00 | 2,022,000.00 |
| Noncurrent Receivables | N/A | 672,000.00 | 672,000.00 | 336,000.00 |
| Current Assets | N/A | 1,784,000.00 | 2,814,000.00 | 2,042,000.00 |
| Inventories | N/A | 444,000.00 | 465,000.00 | 361,000.00 |
| Trade And Other Current Receivables | N/A | 905,000.00 | 2,334,000.00 | 1,445,000.00 |
| Cash and cash equivalents | 7,000.00 | 435,000.00 | 15,000.00 | 236,000.00 |
| Noncurrent Assets Or Disposal Groups Classified As Held For Sale | N/A | 9,000.00 | 9,000.00 | 9,000.00 |
| Equity And Liabilities | N/A | 16,308,000.00 | 17,182,000.00 | 15,449,000.00 |
| Equity | -3,284,000.00 | -2,525,000.00 | -1,036,000.00 | -6,277,000.00 |
| Issued Capital | N/A | 80,000.00 | 80,000.00 | 80,000.00 |
| Retained Earnings | N/A | -29,535,000.00 | -33,887,000.00 | -41,051,000.00 |
| Liabilities | N/A | 18,833,000.00 | 18,218,000.00 | 21,725,000.00 |
| Noncurrent Liabilities | N/A | 12,049,000.00 | 9,710,000.00 | 8,116,000.00 |
| Longterm Borrowings | N/A | 7,944,000.00 | 7,080,000.00 | 6,576,000.00 |
| Current Liabilities | N/A | 6,785,000.00 | 8,508,000.00 | 13,609,000.00 |
| Current Provisions | N/A | 226,000.00 | 89,000.00 | 104,000.00 |
| Trade And Other Current Payables | N/A | 4,128,000.00 | 2,154,000.00 | 4,854,000.00 |
| Current Borrowings And Current Portion Of Noncurrent Borrowings | N/A | 1,964,000.00 | 5,211,000.00 | 5,002,000.00 |
| Line item in (eur) | 01.01.2020/ 01.01.2021 |
01.01.2021/ 01.01.2022 |
01.01.2022/ 01.01.2023 |
|---|---|---|---|
| Revenue | 1,621,000.00 | 2,148,000.00 | 1,305,000.00 |
| Other Income | 68,000.00 | 538,000.00 | 94,000.00 |
| Profit Loss From Operating Activities | -3,277,000.00 | -3,173,000.00 | -5,587,000.00 |
| Finance Income | 0.00 | 2,000.00 | 2,000.00 |
| Finance Costs | 1,645,000.00 | 1,605,000.00 | 2,083,000.00 |
| Profit Loss Before Tax | -4,922,000.00 | -4,776,000.00 | -7,668,000.00 |
| Income Tax Expense Continuing Operations | 0.00 | 0.00 | 0.00 |
| Profit (loss) | -4,922,000.00 | -4,776,000.00 | -7,668,000.00 |
| Profit Loss Attributable To Owners Of Parent | -4,922,000.00 | -4,776,000.00 | -7,668,000.00 |
| Line item in (eur) | 01.01.2020 | 01.01.2021 | 01.01.2022 | 01.01.2023 |
|---|---|---|---|---|
| Profit (loss) | N/A | -4,922,000.00 | -4,776,000.00 | -7,668,000.00 |
| Adjustments For Decrease Increase In Inventories | N/A | 3,000.00 | -191,000.00 | 87,000.00 |
| Adjustments For Provisions | N/A | -23,000.00 | -137,000.00 | 15,000.00 |
| Adjustments For Unrealised Foreign Exchange Losses Gains | N/A | -2,000.00 | -1,000.00 | -2,000.00 |
| Other Adjustments For Noncash Items | N/A | -52,000.00 | -177,000.00 | 361,000.00 |
| Other Adjustments To Reconcile Profit Loss | N/A | -269,000.00 | -503,000.00 | 0.00 |
| Cash Flows From Used In Operations | N/A | -2,207,000.00 | -2,397,000.00 | N/A |
| Interest Paid Classified As Operating Activities | N/A | 325,000.00 | 373,000.00 | 281,000.00 |
| Interest Received Classified As Operating Activities | N/A | 0.00 | 1,000.00 | 0.00 |
| Cash Flows From Used In Operating Activities | N/A | -3,415,000.00 | -4,384,000.00 | -1,615,000.00 |
| Cash Flows Used In Obtaining Control Of Subsidiaries Or Other Businesses Classified As Investing Activities | N/A | 1,062,000.00 | 0.00 | N/A |
| Proceeds From Government Grants Classified As Investing Activities | N/A | 1,382,000.00 | 0.00 | 1,262,000.00 |
| Cash Flows From Used In Investing Activities | N/A | -1,527,000.00 | -1,989,000.00 | -57,000.00 |
| Proceeds From Issuing Shares | N/A | 1,854,000.00 | 0.00 | N/A |
| Cash Flows From Used In Financing Activities | N/A | 5,370,000.00 | 5,952,000.00 | 1,892,000.00 |
| Increase (decrease) in cash and cash equivalents before effect of exchange rate changes | N/A | 428,000.00 | -420,000.00 | 220,000.00 |
| 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 | 428,000.00 | -420,000.00 | 220,000.00 |
| Cash and cash equivalents | 7,000.00 | 435,000.00 | 15,000.00 | 236,000.00 |
Please note that some sums might not add up.
FI0009006951
LEI743700P8A4M2MREWN035
SectorElectrical Components & Equipment
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