By Helgi Library - December 6, 2020
Cartiere Carrara made a net profit of EUR 7.59 mil with revenues of EUR 236 mil in 2016, up by 2% and up by 39%, re...
By Helgi Library - December 6, 2020
Cartiere Carrara invested a total of EUR 48.8 mil in 2016, up 317% compared to the previous year. Historically, between ...
By Helgi Library - December 6, 2020
Cartiere Carrara's net debt stood at EUR 105 mil and accounted for 180% of equity at the end of 2016. The ratio is down ...
| Profit Statement | 2014 | 2015 | 2016 | |
| Sales | EUR mil | 161 | 170 | 236 |
| EBITDA | EUR mil | 8.76 | 8.40 | 28.7 |
| EBIT | EUR mil | 2.28 | -1.02 | 12.4 |
| Pre-Tax Profit | EUR mil | 0.861 | 0.662 | 11.4 |
| Net Profit | EUR mil | 0.053 | 0.258 | 7.59 |
| Dividends | EUR mil | < -0.001 | 0 | ... |
| Balance Sheet | 2014 | 2015 | 2016 | |
| Total Assets | EUR mil | 129 | 151 | 254 |
| Non-Current Assets | EUR mil | 50.8 | 71.9 | 137 |
| Current Assets | EUR mil | 78.4 | 79.4 | 117 |
| Working Capital | EUR mil | 35.0 | 40.3 | 52.9 |
| Shareholders' Equity | EUR mil | 25.0 | 25.3 | 58.4 |
| Liabilities | EUR mil | 104 | 126 | 195 |
| Total Debt | EUR mil | 49.0 | 69.9 | 120 |
| Net Debt | EUR mil | 47.3 | 60.9 | 105 |
| Ratios | 2014 | 2015 | 2016 | |
| ROE | % | 0.212 | 1.02 | 18.1 |
| ROCE | % | 0.062 | 0.260 | 5.02 |
| EBITDA Margin | % | 5.43 | 4.95 | 12.1 |
| EBIT Margin | % | 1.41 | -0.601 | 5.25 |
| Net Margin | % | 0.033 | 0.152 | 3.21 |
| Net Debt/EBITDA | 5.40 | 7.24 | 3.67 | |
| Net Debt/Equity | % | 189 | 241 | 180 |
| Cash Flow | 2014 | 2015 | 2016 | |
| Total Cash From Operations | EUR mil | -9.52 | -4.46 | -23.9 |
| Total Cash From Investing | EUR mil | 8.96 | -11.7 | -48.8 |
| Total Cash From Financing | EUR mil | 1.37 | 20.9 | 75.7 |
| Net Change In Cash | EUR mil | 0.814 | 4.74 | 3.01 |
| Cash Earnings | EUR mil | 6.53 | 9.68 | 23.9 |
| Free Cash Flow | EUR mil | -0.553 | -16.1 | -72.7 |
Get all company financials in excel:
| overview | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | ||||||||||||
| Sales | EUR mil | 85.0 | 90.8 | 97.1 | 125 | 161 | ||||||
| EBIT | EUR mil | 2.74 | 1.89 | 1.19 | 1.78 | 2.28 | ||||||
| Net Profit | EUR mil | 2.26 | 0.493 | -0.188 | 0.130 | 0.053 | ||||||
| ROE | % | 9.77 | 1.99 | -0.755 | 0.522 | 0.212 | ||||||
| EBIT Margin | % | 3.23 | 2.09 | 1.23 | 1.42 | 1.41 | ||||||
| Net Margin | % | 2.66 | 0.544 | -0.194 | 0.104 | 0.033 | ||||||
| balance sheet | ||||||||||||
| Total Assets | EUR mil | 74.2 | 81.5 | 98.4 | 116 | 129 | ||||||
| Non-Current Assets | EUR mil | 35.9 | 40.1 | 48.7 | 53.3 | 50.8 | ||||||
| Current Assets | EUR mil | 38.4 | 41.4 | 49.7 | 62.9 | 78.4 | ||||||
| Shareholders' Equity | EUR mil | 24.6 | 25.0 | 24.8 | 24.9 | 25.0 | ||||||
| Liabilities | EUR mil | 49.7 | 56.5 | 73.6 | 91.3 | 104 | ||||||
| Non-Current Liabilities | EUR mil | 3.15 | 2.20 | 4.55 | 4.77 | 9.97 | ||||||
| Current Liabilities | EUR mil | 46.5 | 54.3 | 69.0 | 86.5 | 94.2 | ||||||
| Net Debt/EBITDA | 3.50 | 4.12 | 6.01 | 6.53 | 5.40 | |||||||
| Net Debt/Equity | % | 93.2 | 101 | 140 | 186 | 189 | ||||||
| cash flow | ||||||||||||
| Total Cash From Operations | EUR mil | ... | -3.00 | -2.89 | -5.35 | -12.4 | -9.52 | |||||
| Total Cash From Investing | EUR mil | ... | -2.34 | -0.006 | -4.01 | 0.721 | 8.96 | |||||
| Total Cash From Financing | EUR mil | ... | 5.34 | 2.90 | 10.2 | 10.8 | 1.37 | |||||
| Net Change In Cash | EUR mil | ... | -0.004 | 0.005 | 0.796 | -0.800 | 0.814 |
| income statement | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | ||||||||||||
| Sales | EUR mil | 85.0 | 90.8 | 97.1 | 125 | 161 | ||||||
| Staff Cost | EUR mil | ... | ... | ... | ... | 6.94 | 9.23 | 10.9 | 12.6 | 15.3 | ||
| EBITDA | EUR mil | 6.55 | 6.14 | 5.76 | 7.11 | 8.76 | ||||||
| Depreciation | EUR mil | 3.80 | 4.25 | 4.57 | 5.33 | 6.48 | ||||||
| EBIT | EUR mil | 2.74 | 1.89 | 1.19 | 1.78 | 2.28 | ||||||
| Net Financing Cost | EUR mil | 0.185 | 0.346 | 0.774 | 0.968 | 1.42 | ||||||
| Extraordinary Cost | EUR mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | EUR mil | 2.56 | 1.55 | 0.418 | 0.811 | 0.861 | ||||||
| Tax | EUR mil | 0.298 | 1.05 | 0.606 | 0.681 | 0.809 | ||||||
| Net Profit | EUR mil | 2.26 | 0.493 | -0.188 | 0.130 | 0.053 | ||||||
| Net Profit Avail. to Common | EUR mil | 2.26 | 0.493 | -0.188 | 0.130 | 0.053 | ||||||
| Dividends | EUR mil | 0.054 | < 0.001 | < 0.001 | < -0.001 | < -0.001 | ... | |||||
| growth rates | ||||||||||||
| Total Revenue Growth | % | ... | 35.1 | 6.83 | 7.00 | 28.6 | 29.2 | |||||
| Staff Cost Growth | % | ... | ... | ... | ... | ... | 33.0 | 17.8 | 16.2 | 21.6 | ||
| EBITDA Growth | % | ... | -38.3 | -6.17 | -6.24 | 23.4 | 23.2 | |||||
| EBIT Growth | % | ... | -61.4 | -31.0 | -37.1 | 49.3 | 28.3 | |||||
| Pre-Tax Profit Growth | % | ... | -64.2 | -39.5 | -73.0 | 94.2 | 6.24 | |||||
| Net Profit Growth | % | ... | -58.6 | -78.2 | -138 | -169 | -59.3 | |||||
| ratios | ||||||||||||
| ROE | % | 9.77 | 1.99 | -0.755 | 0.522 | 0.212 | ||||||
| ROA | % | 3.30 | 0.634 | -0.209 | 0.121 | 0.043 | ||||||
| ROCE | % | ... | 4.65 | 0.869 | -0.283 | 0.166 | 0.062 | |||||
| EBITDA Margin | % | 7.71 | 6.77 | 5.93 | 5.69 | 5.43 | ||||||
| EBIT Margin | % | 3.23 | 2.09 | 1.23 | 1.42 | 1.41 | ||||||
| Net Margin | % | 2.66 | 0.544 | -0.194 | 0.104 | 0.033 | ||||||
| Payout Ratio | % | 2.38 | < 0.001 | < -0.001 | < -0.001 | -0.002 | ... | |||||
| Net Debt/EBITDA | 3.50 | 4.12 | 6.01 | 6.53 | 5.40 |
| balance sheet | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| balance sheet | ||||||||||||
| Cash & Cash Equivalents | EUR mil | 0.011 | 0.016 | 0.812 | 0.012 | 0.825 | ||||||
| Receivables | EUR mil | 24.8 | 24.5 | 27.6 | 35.3 | 46.9 | ||||||
| Inventories | EUR mil | 12.3 | 15.3 | 18.4 | 23.5 | 25.6 | ||||||
| Other ST Assets | EUR mil | 1.25 | 1.52 | 2.86 | 4.17 | 5.06 | ||||||
| Current Assets | EUR mil | 38.4 | 41.4 | 49.7 | 62.9 | 78.4 | ||||||
| Property, Plant & Equipment | EUR mil | 35.1 | 38.7 | 47.0 | 51.5 | 49.1 | ||||||
| LT Investments & Receivables | EUR mil | 0.742 | 1.28 | 1.32 | 1.19 | 0.812 | ||||||
| Intangible Assets | EUR mil | 0.084 | 0.123 | 0.413 | 0.661 | 0.907 | ||||||
| Non-Current Assets | EUR mil | 35.9 | 40.1 | 48.7 | 53.3 | 50.8 | ||||||
| Total Assets | EUR mil | 74.2 | 81.5 | 98.4 | 116 | 129 | ||||||
| Trade Payables | EUR mil | 19.9 | 19.6 | 22.1 | 28.2 | 37.5 | ||||||
| Short-Term Debt | EUR mil | 21.6 | 25.5 | 33.2 | 43.8 | 39.9 | ||||||
| Other ST Liabilities | EUR mil | 5.06 | 9.14 | 13.8 | 14.5 | 16.9 | ||||||
| Current Liabilities | EUR mil | 46.5 | 54.3 | 69.0 | 86.5 | 94.2 | ||||||
| Long-Term Debt | EUR mil | 2.04 | 1.06 | 3.58 | 3.85 | 9.09 | ||||||
| Other LT Liabilities | EUR mil | 1.10 | 1.14 | 0.971 | 0.924 | 0.875 | ||||||
| Non-Current Liabilities | EUR mil | 3.15 | 2.20 | 4.55 | 4.77 | 9.97 | ||||||
| Liabilities | EUR mil | 49.7 | 56.5 | 73.6 | 91.3 | 104 | ||||||
| Equity Before Minority Interest | EUR mil | 24.6 | 25.0 | 24.8 | 24.9 | 25.0 | ||||||
| Minority Interest | EUR mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Equity | EUR mil | 24.6 | 25.0 | 24.8 | 24.9 | 25.0 | ||||||
| growth rates | ||||||||||||
| Total Asset Growth | % | ... | 18.5 | 9.77 | 20.7 | 18.2 | 11.2 | |||||
| Shareholders' Equity Growth | % | ... | 13.0 | 1.79 | -0.752 | 0.523 | 0.212 | |||||
| Net Debt Growth | % | ... | 24.7 | 10.5 | 36.8 | 34.0 | 2.00 | |||||
| Total Debt Growth | % | ... | 25.2 | 12.5 | 38.1 | 29.5 | 2.87 | |||||
| ratios | ||||||||||||
| Total Debt | EUR mil | 23.7 | 26.6 | 36.8 | 47.6 | 49.0 | ||||||
| Net Debt | EUR mil | 22.9 | 25.3 | 34.6 | 46.4 | 47.3 | ||||||
| Working Capital | EUR mil | 17.2 | 20.2 | 23.9 | 30.5 | 35.0 | ||||||
| Capital Employed | EUR mil | 53.1 | 60.4 | 72.6 | 83.8 | 85.8 | ||||||
| Net Debt/Equity | % | 93.2 | 101 | 140 | 186 | 189 | ||||||
| Current Ratio | 0.824 | 0.762 | 0.720 | 0.727 | 0.832 | |||||||
| Quick Ratio | 0.534 | 0.452 | 0.411 | 0.408 | 0.506 |
| cash flow | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| cash flow | ||||||||||||
| Net Profit | EUR mil | 2.26 | 0.493 | -0.188 | 0.130 | 0.053 | ||||||
| Depreciation | EUR mil | 3.80 | 4.25 | 4.57 | 5.33 | 6.48 | ||||||
| Non-Cash Items | EUR mil | ... | -6.14 | -4.65 | -6.02 | -11.2 | -11.6 | |||||
| Change in Working Capital | EUR mil | ... | -2.92 | -2.98 | -3.71 | -6.59 | -4.48 | |||||
| Total Cash From Operations | EUR mil | ... | -3.00 | -2.89 | -5.35 | -12.4 | -9.52 | |||||
| Capital Expenditures | EUR mil | ... | -2.34 | -0.006 | -4.01 | 0.721 | 8.96 | |||||
| Other Investing Activities | EUR mil | ... | 0 | 0 | 0 | 0 | 0 | |||||
| Total Cash From Investing | EUR mil | ... | -2.34 | -0.006 | -4.01 | 0.721 | 8.96 | |||||
| Dividends Paid | EUR mil | ... | 0.572 | -0.054 | < -0.001 | < -0.001 | < 0.001 | |||||
| Issuance Of Shares | EUR mil | ... | 0 | 0 | 0 | 0 | 0 | |||||
| Issuance Of Debt | EUR mil | ... | 4.76 | 2.96 | 10.2 | 10.8 | 1.37 | |||||
| Other Financing Activities | EUR mil | ... | 2.34 | 0.006 | 4.01 | -0.721 | -8.96 | |||||
| Total Cash From Financing | EUR mil | ... | 5.34 | 2.90 | 10.2 | 10.8 | 1.37 | |||||
| Net Change In Cash | EUR mil | ... | -0.004 | 0.005 | 0.796 | -0.800 | 0.814 | |||||
| ratios | ||||||||||||
| Days Sales Outstanding | days | 107 | 98.6 | 104 | 103 | 106 | ||||||
| Cash Earnings | EUR mil | 6.06 | 4.74 | 4.38 | 5.46 | 6.53 | ||||||
| Free Cash Flow | EUR mil | ... | -5.34 | -2.90 | -9.36 | -11.6 | -0.553 | |||||
| Capital Expenditures (As % of Sales) | % | ... | 2.76 | 0.007 | 4.12 | -0.578 | -5.56 |
| other ratios | Unit | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| Staff Cost (As % of Sales) | % | ... | ... | ... | ... | 8.17 | 10.2 | 11.2 | 10.1 | 9.52 | ||
| Effective Tax Rate | % | 11.6 | 68.1 | 145 | 84.0 | 93.9 | ||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 20.2 | 14.4 | 17.3 | 20.7 | ||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - December 6, 2020
Cartiere Carrara made a net profit of EUR 7.59 mil in 2016, up 2% compared to the previous year. Historically, between 2006 and 2016, the company's net profit reached a high of EUR 7.59 mil in 2016 and a low of EUR -0.188 mil in 2012. The result implies a...
By Helgi Library - December 6, 2020
Cartiere Carrara made a net profit of EUR 7.59 mil with revenues of EUR 236 mil in 2016, up by 2.00% and up by 39.0%, respectively, compared to the previous year. This translates into a net margin of 3.21%. Historically, between 2006 and 2016, the f...
Cartiere Carrara has been growing its sales by 21.1% a year on average in the last 5 years. EBITDA has grown on average by 36.1% a year during that time to total of EUR 28.7 mil in 2016, or 12.1% of sales. That’s compared to 6.83% average margin seen in last five years.
The company netted EUR 7.59 mil in 2016 implying ROE of 18.1% and ROCE of 5.02%. Again, the average figures were 3.83% and 1.05%, respectively when looking at the previous 5 years.
Cartiere Carrara’s net debt amounted to EUR 105 mil at the end of 2016, or 180% of equity. When compared to EBITDA, net debt was 3.67x, down when compared to average of 5.77x seen in the last 5 years.
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