Consolidated balance sheet new

 

EUR 1,000
ASSETS
Note 31 Dec 2019 31 Dec 2018
Non-current assets
Tangible assets 4 641,737  976,796
Goodwill 5 118,073 293,010
Other intangible assets 5 53,866 88,209
Investments in joint ventures 8 9,104 6,024
Deferred tax assets 9 6,840 14,527
Loan receivables 12 5,081 8,918
Trade and other receivables 12 2,465 8,111
Total non-current assets 837,165 1,395,595
Current assets
Inventories 13 8,965 14,769
Trade and other receivables 12 103,781 181,412
Income tax receivables 4,350 6,238
Derivative financial instruments 11 1,691 1,894
Cash and cash equivalents 14 7,257 6,391
Total current assets 126,043 210,704
TOTAL ASSETS 963,209 1,606,299
EQUITY AND LIABILITIES Note 31 Dec 2019 31 Dec 2018
Equity
Share capital 14,835 24,835
Other reserves 260,915 327,863
Hedging fund -4,972 -5,762
Translation differences -73,060 -67,399
Retained earnings 205,060 317,432
Equity attributable to owners of the parent company 402,778 596,969
Total equity 15 402,778 596,969
Non-current liabilities
Interest-bearing liabilities 16 221,178 597,697
Lease liabilities 62,576 906
Derivative financial instruments 11 6,053 7,202
Deferred tax liabilities 9 50,885 99,919
Retirement benefit liabilities 17 1,868 1,868
Other non-current liabilities 18 2,434 1,632
Total non-current liabilities 709,224
Current liabilities
Interest-bearing liabilities 16 63,767 109,810
Lease liabilities 35,647 1,517
Derivative financial instruments 11 1,001 407
Trade and other payables 19 108,026 179,979
Income tax liabilities 6,917 7,476
Provisions 917
Total current liabilities 215,358 300,106
Total liabilities 560,430 1,009,330
TOTAL EQUITY AND LIABILITIES 963,209 1,606,299

 

PUBLIC TENDER OFFER OF ALL SHARES IN CRAMO

FINANCIAL STATEMENTS BULLETIN FOR JANUARY-DECEMBER 2019

CRAMO’S ANNUAL REVIEW AND FINANCIAL STATEMENTS 2019

CRAMO SHARE WAS DELISTED FROM NASDAQ HELSINKI STOCK EXCHANGE ON 3 JUNE 2020.

Information on the Investor pages has been updated until the delisting.

Welcome to Cramo Investor pages

Cramo is a service company specialising in equipment rental services. Our equipment rental services comprise machinery and equipment rental as well as rental-related services.

As one of the industry’s leading service providers in Europe, Cramo operates in Finland, Sweden, Norway, Estonia, Lithuania, Poland, Germany, Austria, Hungary, the Czech Republic and Slovakia. In Russia and Ukraine we operate under the brand of the 50 percent owned joint venture Fortrent.

Cramo provides modern rental solutions through the Cramo Concept. Under the Cramo Concept, construction companies and customers in trade, industry and the public sector, as well as private customers, are provided with machinery and equipment through different rental solutions and services.

By combining the product portfolio with its extensive offering of services, Cramo reduces the capital invested by its customers and can create total rental solutions for every need for both the short and long term.

Through a network of about 300 depots, with a total number of rental items over 230,000, Cramo’s 2,600 employees serve over 150,000 customers in eleven countries.