The FLOWAIR company was established in 2003 and a few years later became a well-known expert in the economic heating and ventilation of medium and large-volume buildings. It is a producer of water heaters, air curtains, curtain-air heaters, ventilation units with heat recovery and rooftop devices. In addition, it is the exclusive distributor of gas heaters of the Italian company Robur.
During 15 years of operation on the market, FLOWAIR has received numerous awards and distinctions confirming the dynamic development of the company both in terms of innovations, design and annual growth. The most important of them are:
iF product design award 2013 - widely recognized as one of the most prestigious design awards in the world. Granted for LEO FS water heater and LEO KMFS heating and ventilation device. In the following year, this prize was again awarded to FLOWAIR, this time for the heating and ventilation unit with OXeN heat recovery.
reddot design award 2014 - "Oscar Design" awarded for a heating and ventilation unit with OXeN heat recovery.
Gold Medal at the Poznań International Fair 2012 - awarded to the ELiS DUO curtain heater. The award is granted for the products of the highest quality, modern and innovative, made on the basis of top-class technologies.
Leader of PSTP 2012 - award granted by the Pomeranian Science and Technology Park for outstanding achievements and active activity of companies operating in PPNT.
Business Gazelles - the award granted to FLOWAIR four times (in 2014-2017) as one of the most dynamically growing enterprises in the Pomorskie region (ranking carried out by the Puls Biznesu daily for small and medium enterprises).
The FLOWAIR product offer can be described in four groups:
- heaters, mixing chambers, destratificators (water, gas, electric heaters, dedicated to agrarian and special purpose buildings, mixing chambers, roof fans, destratificators),
- door and gate curtains (air curtains and curtain-heater),
- non-channel ventilation with heat recovery (ventilation units and rooftops with a swirl diffuser),
- rooftop devices with heat recovery.
28.25.Z - Manufacture of industrial cooling and ventilation equipment
25 - Manufacture of fabricated metal products, except machinery and equipment
27 - Manufacture of electrical equipment
28 - Manufacture of machinery and equipment n.e.c.
33 - Repair and installation of machinery and equipment
43 - Specialised construction activities
46 - Wholesale trade, except of motor vehicles and motorcycles
68.20.Z - Rental and operating of own or leased real estate
72 - Scientific research and development
74.90.Z - Other professional, scientific and technical activities not elsewhere classified
2017 | 2018 | 2019 | ||
---|---|---|---|---|
M PLN | M PLN | M PLN | % | |
Net sales | 66,6 | 77,2 | 80,3 | 4,1 |
Liabilities and provisions | 22,7 | 21,2 | 16,6 | -21,5 |
Equity | 12,6 | 15,7 | 18,9 | 19,9 |
Total assets | 35,3 | 36,9 | 35,5 | -3,8 |
Cash and cash equivalents | 0,2 | 1,3 | 0,2 | -88,7 |
Depreciation | 1,4 | 1,6 | 1,7 | 8,5 |
Gross profit / loss | 1 | 4,8 | 4,8 | 1,7 |
EBITDA | 2,7 | 6,6 | 6,9 | 3,8 |
Net profit / loss | 0,8 | 3,8 | 3,9 | 4,7 |
Operating profit (EBIT) | 1,4 | 5 | 5,2 | 2,3 |
Current assets | 25,7 | 27 | 26 | -3,9 |
% | % | % | p.p. | |
Return on equity (ROE) | 6,2 | 24 | 20,9 | -3,1 |
Return on sales (ROS) | 1,2 | 4,9 | 4,9 | 0 |
Equity ratio | 35,7 | 42,6 | 53,1 | 10,5 |
EBITDA margin | 4,1 | 8,6 | 8,5 | -0,1 |
Gross profit margin | 1,5 | 6,2 | 6 | -0,2 |
Days | Days | Days | Days | |
Current liabilities turnover ratio | 109 | 90 | 70 | -20 |
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