By Helgi Analytics - April 2, 2020
PKS okna's total assets reached CZK 281 mil at the end of 2015, down 2.38% compared to the previous year. Current ...
| Profit Statement | 2013 | 2014 | 2015 | |
| Sales | CZK mil | 478 | 609 | 639 |
| Gross Profit | CZK mil | 102 | 124 | 131 |
| EBITDA | CZK mil | 17.2 | 23.2 | 24.8 |
| EBIT | CZK mil | 0.863 | 10.3 | 17.8 |
| Financing Cost | CZK mil | 6.09 | 4.29 | 3.63 |
| Pre-Tax Profit | CZK mil | -5.23 | 6.03 | 14.2 |
| Net Profit | CZK mil | -4.28 | 4.30 | 11.6 |
| Balance Sheet | 2013 | 2014 | 2015 | |
| Total Assets | CZK mil | 261 | 288 | 281 |
| Non-Current Assets | CZK mil | 124 | 113 | 120 |
| Current Assets | CZK mil | 137 | 175 | 151 |
| Working Capital | CZK mil | 17.0 | 4.30 | 11.8 |
| Shareholders' Equity | CZK mil | 67.4 | 71.6 | 83.0 |
| Liabilities | CZK mil | 194 | 216 | 198 |
| Total Debt | CZK mil | 93.4 | 80.9 | 44.8 |
| Net Debt | CZK mil | 90.9 | 76.9 | 39.2 |
| Ratios | 2013 | 2014 | 2015 | |
| ROE | % | -6.14 | 6.19 | 15.0 |
| ROCE | % | -2.93 | 3.34 | 9.34 |
| Gross Margin | % | 21.3 | 20.3 | 20.5 |
| EBITDA Margin | % | 3.59 | 3.80 | 3.88 |
| EBIT Margin | % | 0.181 | 1.69 | 2.79 |
| Net Margin | % | -0.894 | 0.706 | 1.82 |
| Net Debt/EBITDA | 5.30 | 3.32 | 1.58 | |
| Net Debt/Equity | 1.35 | 1.07 | 0.472 | |
| Cost of Financing | % | 6.60 | 4.92 | 5.77 |
| Cash Flow | 2013 | 2014 | 2015 | |
| Cash Conversion Cycle | days | -1.72 | -11.7 | -4.33 |
| Cash Earnings | CZK mil | 12.0 | 17.2 | 18.6 |
Get all company financials in excel:
| summary | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||||
| Sales | CZK mil | 482 | 497 | 510 | 454 | 478 | ||||||
| Gross Profit | CZK mil | 136 | 126 | 126 | 111 | 102 | ||||||
| EBIT | CZK mil | 24.6 | 10.5 | 12.9 | 5.96 | 0.863 | ||||||
| Net Profit | CZK mil | 15.3 | 3.13 | 5.54 | 2.93 | -4.28 | ||||||
| ROE | % | 28.8 | 5.03 | 9.03 | 4.47 | -6.14 | ||||||
| EBIT Margin | % | 5.10 | 2.12 | 2.53 | 1.31 | 0.181 | ||||||
| Net Margin | % | 3.18 | 0.631 | 1.09 | 0.645 | -0.894 | ||||||
| Employees | 219 | 222 | 217 | 212 | 203 | |||||||
| balance sheet | ||||||||||||
| Total Assets | CZK mil | 260 | 275 | 266 | 246 | 261 | ||||||
| Non-Current Assets | CZK mil | 183 | 168 | 149 | 137 | 124 | ||||||
| Current Assets | CZK mil | 77.0 | 106 | 117 | 109 | 137 | ||||||
| Shareholders' Equity | CZK mil | 60.8 | 63.8 | 59.1 | 71.8 | 67.4 | ||||||
| Liabilities | CZK mil | 200 | 211 | 207 | 174 | 194 | ||||||
| Non-Current Liabilities | CZK mil | 5.59 | 10.8 | 10.8 | 7.90 | 7.20 | ||||||
| Current Liabilities | CZK mil | 86.1 | 96.8 | 101 | 83.0 | 111 | ||||||
| Net Debt/EBITDA | 3.24 | 3.42 | 2.86 | 3.78 | 5.30 | |||||||
| Net Debt/Equity | 1.97 | 1.77 | 1.61 | 1.24 | 1.35 | |||||||
| Cost of Financing | % | ... | 7.61 | 3.49 | 5.53 | 4.37 | 6.60 |
| income statement | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||||
| Sales | CZK mil | 482 | 497 | 510 | 454 | 478 | ||||||
| Cost of Goods & Services | CZK mil | 346 | 371 | 384 | 343 | 376 | ||||||
| Gross Profit | CZK mil | 136 | 126 | 126 | 111 | 102 | ||||||
| Staff Cost | CZK mil | 97.1 | 93.4 | 93.4 | 87.2 | 86.9 | ||||||
| Other Cost | CZK mil | 1.52 | -0.753 | -0.348 | 0.611 | -1.98 | ||||||
| EBITDA | CZK mil | 37.0 | 32.9 | 33.2 | 23.6 | 17.2 | ||||||
| Depreciation | CZK mil | 12.4 | 22.4 | 20.3 | 17.6 | 16.3 | ||||||
| EBIT | CZK mil | 24.6 | 10.5 | 12.9 | 5.96 | 0.863 | ||||||
| Financing Cost | CZK mil | 5.32 | 4.16 | 6.05 | 4.26 | 6.09 | ||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | CZK mil | 19.3 | 6.37 | 6.85 | 1.70 | -5.23 | ||||||
| Tax | CZK mil | 3.93 | 3.24 | 1.31 | -1.23 | -0.956 | ||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | CZK mil | 15.3 | 3.13 | 5.54 | 2.93 | -4.28 | ||||||
| growth rates | ||||||||||||
| Total Revenue Growth | % | ... | -1.38 | 3.11 | 2.67 | -10.9 | 5.22 | |||||
| Operating Cost Growth | % | ... | 5.55 | -6.06 | 0.380 | -5.55 | -3.39 | |||||
| EBITDA Growth | % | ... | 1.30 | -10.9 | 0.898 | -29.1 | -27.2 | |||||
| EBIT Growth | % | ... | -11.9 | -57.1 | 22.5 | -53.8 | -85.5 | |||||
| Pre-Tax Profit Growth | % | ... | -28.0 | -66.9 | 7.50 | -75.2 | -408 | |||||
| Net Profit Growth | % | ... | -27.6 | -79.6 | 77.0 | -47.2 | -246 | |||||
| ratios | ||||||||||||
| ROE | % | 28.8 | 5.03 | 9.03 | 4.47 | -6.14 | ||||||
| ROCE | % | ... | 13.6 | 1.79 | 3.29 | 1.87 | -2.93 | |||||
| Gross Margin | % | 28.1 | 25.3 | 24.7 | 24.5 | 21.3 | ||||||
| EBITDA Margin | % | 7.67 | 6.63 | 6.52 | 5.19 | 3.59 | ||||||
| EBIT Margin | % | 5.10 | 2.12 | 2.53 | 1.31 | 0.181 | ||||||
| Net Margin | % | 3.18 | 0.631 | 1.09 | 0.645 | -0.894 | ||||||
| Cost of Financing | % | ... | 7.61 | 3.49 | 5.53 | 4.37 | 6.60 | |||||
| Net Debt/EBITDA | 3.24 | 3.42 | 2.86 | 3.78 | 5.30 |
| balance sheet | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| balance sheet | ||||||||||||
| Non-Current Assets | CZK mil | 183 | 168 | 149 | 137 | 124 | ||||||
| Property, Plant & Equipment | CZK mil | 181 | 166 | 148 | 134 | 121 | ||||||
| Intangible Assets | CZK mil | 2.01 | 1.40 | 0.521 | 0.078 | 0.094 | ||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Current Assets | CZK mil | 77.0 | 106 | 117 | 109 | 137 | ||||||
| Inventories | CZK mil | 6.28 | 13.4 | 9.10 | 10.5 | 16.9 | ||||||
| Receivables | CZK mil | 52.5 | 71.9 | 80.7 | 73.9 | 88.1 | ||||||
| Cash & Cash Equivalents | CZK mil | 3.08 | 2.88 | 8.37 | 2.14 | 2.45 | ||||||
| Total Assets | CZK mil | 260 | 275 | 266 | 246 | 261 | ||||||
| Shareholders' Equity | CZK mil | 60.8 | 63.8 | 59.1 | 71.8 | 67.4 | ||||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Liabilities | CZK mil | 200 | 211 | 207 | 174 | 194 | ||||||
| Non-Current Liabilities | CZK mil | 5.59 | 10.8 | 10.8 | 7.90 | 7.20 | ||||||
| Long-Term Debt | CZK mil | 103 | 88.1 | 61.5 | 47.7 | 34.2 | ||||||
| Deferred Tax Liabilities | CZK mil | 3.03 | 6.27 | 7.55 | 6.19 | 4.80 | ||||||
| Current Liabilities | CZK mil | 86.1 | 96.8 | 101 | 83.0 | 111 | ||||||
| Short-Term Debt | CZK mil | 19.5 | 27.5 | 41.8 | 43.7 | 59.2 | ||||||
| Trade Payables | CZK mil | 64.6 | 79.0 | 76.1 | 69.8 | 88.0 | ||||||
| Provisions | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Equity And Liabilities | CZK mil | 260 | 275 | 266 | 246 | 261 | ||||||
| growth rates | ||||||||||||
| Total Asset Growth | % | ... | 96.3 | 5.43 | -3.14 | -7.45 | 6.21 | |||||
| Shareholders' Equity Growth | % | ... | 33.1 | 4.85 | -7.34 | 21.6 | -6.10 | |||||
| Net Debt Growth | % | ... | 3,276 | -5.88 | -15.8 | -6.09 | 1.94 | |||||
| Total Debt Growth | % | ... | 623 | -5.89 | -10.6 | -11.6 | 2.24 | |||||
| ratios | ||||||||||||
| Total Debt | CZK mil | 123 | 116 | 103 | 91.4 | 93.4 | ||||||
| Net Debt | CZK mil | 120 | 113 | 95.0 | 89.2 | 90.9 | ||||||
| Working Capital | CZK mil | -5.81 | 6.32 | 13.7 | 14.6 | 17.0 | ||||||
| Capital Employed | CZK mil | 177 | 174 | 163 | 151 | 141 | ||||||
| Net Debt/Equity | 1.97 | 1.77 | 1.61 | 1.24 | 1.35 | |||||||
| Cost of Financing | % | ... | 7.61 | 3.49 | 5.53 | 4.37 | 6.60 |
| cash flow | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| cash flow | ||||||||||||
| Net Profit | CZK mil | 15.3 | 3.13 | 5.54 | 2.93 | -4.28 | ||||||
| Depreciation | CZK mil | 12.4 | 22.4 | 20.3 | 17.6 | 16.3 | ||||||
| ratios | ||||||||||||
| Days Sales Outstanding | days | 39.7 | 52.8 | 57.7 | 59.4 | 67.3 | ||||||
| Days Sales Of Inventory | days | 6.62 | 13.1 | 8.66 | 11.1 | 16.4 | ||||||
| Days Payable Outstanding | days | 68.1 | 77.6 | 72.4 | 74.3 | 85.4 | ||||||
| Cash Conversion Cycle | days | -21.7 | -11.7 | -6.00 | -3.78 | -1.72 | ||||||
| Cash Earnings | CZK mil | 27.7 | 25.5 | 25.9 | 20.6 | 12.0 |
| other data | Unit | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| other data | ||||||||||||
| ROA | % | 7.80 | 1.17 | 2.05 | 1.14 | -1.68 | ||||||
| Gross Margin | % | 28.1 | 25.3 | 24.7 | 24.5 | 21.3 | ||||||
| Employees | 219 | 222 | 217 | 212 | 203 | |||||||
| Cost Per Employee | USD per month | 1,939 | 1,835 | 2,027 | 1,753 | 1,822 | ||||||
| Cost Per Employee (Local Currency) | CZK per month | 36,957 | 35,066 | 35,853 | 34,292 | 35,653 | ||||||
| Staff Cost (As % Of Total Cost) | % | 21.2 | 19.2 | 18.8 | 19.5 | 18.2 | ||||||
| Effective Tax Rate | % | 20.4 | 50.8 | 19.1 | -72.2 | 18.3 |
Get all company financials in excel:
PKS okna a.s. is a Czech Republic-based manufacturer of windows and doors. The Company is involved in production of plastic door profiles, installation of plastic windows, plastic entrance doors, plastics extrusion, window accessories, door fittings shading devices and shading of windows, among others. The Company is based in Zdar nad Sazavou, the Czech Republic.
PKS okna has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 5.5% a year during that time to total of CZK 24.8 mil in 2015, or 3.88% of sales. That’s compared to 4.60% average margin seen in last five years.
The company netted CZK 11.6 mil in 2015 implying ROE of 15.0% and ROCE of 9.34%. Again, the average figures were 5.72% and 2.98%, respectively when looking at the previous 5 years.
PKS okna’s net debt amounted to CZK 39.2 mil at the end of 2015, or 0.472 of equity. When compared to EBITDA, net debt was 1.58x, down when compared to average of 3.37x seen in the last 5 years.
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