By Helgi Library - December 6, 2021
VPO Protivanov made a net profit of CZK 4.27 mil with revenues of CZK 150 mil in 2019, up by 150% and up by 4.9%, r...
By Helgi Library - December 6, 2021
VPO Protivanov employed 73.0 employees in 2019, down 1.35% compared to the previous year. Historically, between 2012 an...
By Helgi Library - December 6, 2021
VPO Protivanov made a net profit of CZK 4.27 mil in 2019, up 150% compared to the previous year. Historically, between 2012 ...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | CZK mil | 140 | 143 | 150 |
| Gross Profit | CZK mil | 33.9 | 44.5 | 48.1 |
| EBITDA | CZK mil | 8.40 | 14.8 | 14.9 |
| EBIT | CZK mil | -1.89 | 4.51 | 5.20 |
| Financing Cost | CZK mil | 2.99 | 4.02 | 1.71 |
| Pre-Tax Profit | CZK mil | -5.28 | 0.372 | 3.55 |
| Net Profit | CZK mil | -3.47 | 1.71 | 4.27 |
| Dividends | CZK mil | 0.055 | 0.095 | 0.108 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | CZK mil | 126 | 117 | 94.1 |
| Non-Current Assets | CZK mil | 78.6 | 69.5 | 62.7 |
| Current Assets | CZK mil | 46.7 | 47.0 | 30.7 |
| Working Capital | CZK mil | 29.1 | 27.4 | 13.8 |
| Shareholders' Equity | CZK mil | 13.7 | 15.3 | 19.5 |
| Liabilities | CZK mil | 112 | 102 | 74.6 |
| Total Debt | CZK mil | 7.81 | 7.08 | 8.22 |
| Net Debt | CZK mil | -1.37 | -7.49 | -4.53 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | -22.4 | 11.8 | 24.5 |
| ROCE | % | -3.06 | 1.67 | 4.93 |
| Gross Margin | % | 24.2 | 31.2 | 32.2 |
| EBITDA Margin | % | 6.00 | 10.3 | 9.94 |
| EBIT Margin | % | -1.35 | 3.16 | 3.47 |
| Net Margin | % | -2.48 | 1.20 | 2.85 |
| Net Debt/EBITDA | -0.163 | -0.508 | -0.304 | |
| Net Debt/Equity | % | -10.0 | -48.9 | -23.2 |
| Cost of Financing | % | 42.0 | 54.0 | 22.4 |
| Cash Flow | 2017 | 2018 | 2019 | |
| Total Cash From Operations | CZK mil | 5.89 | 13.6 | 27.6 |
| Total Cash From Investing | CZK mil | 1.84 | -1.15 | -2.92 |
| Total Cash From Financing | CZK mil | 1.34 | -0.783 | 1.04 |
| Net Change In Cash | CZK mil | 4.14 | 5.39 | -1.82 |
| Cash Conversion Cycle | days | 77.8 | 74.5 | 38.9 |
| Cash Earnings | CZK mil | 6.82 | 12.0 | 14.0 |
| Free Cash Flow | CZK mil | 7.73 | 12.5 | 24.6 |
Get all company financials in excel:
| overview | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||
| Sales | CZK mil | 121 | 123 | 103 | 117 | 140 | |||
| Gross Profit | CZK mil | 25.3 | 28.9 | 25.6 | 27.2 | 33.9 | |||
| EBIT | CZK mil | -17.7 | -3.47 | -6.00 | -6.71 | -1.89 | |||
| Net Profit | CZK mil | -17.1 | 0.994 | -8.78 | -8.23 | -3.47 | |||
| ROE | % | -35.5 | 3.04 | -29.4 | -38.5 | -22.4 | |||
| EBIT Margin | % | -14.6 | -2.81 | -5.80 | -5.75 | -1.35 | |||
| Net Margin | % | -14.1 | 0.806 | -8.48 | -7.05 | -2.48 | |||
| Employees | 96.0 | 82.0 | 70.0 | 73.0 | 76.0 | ||||
| balance sheet | |||||||||
| Total Assets | CZK mil | 162 | 151 | 138 | 131 | 126 | |||
| Non-Current Assets | CZK mil | 133 | 111 | 100 | 90.7 | 78.6 | |||
| Current Assets | CZK mil | 28.7 | 39.3 | 36.9 | 39.0 | 46.7 | |||
| Shareholders' Equity | CZK mil | 31.1 | 34.3 | 25.5 | 17.2 | 13.7 | |||
| Liabilities | CZK mil | 131 | 117 | 113 | 113 | 112 | |||
| Non-Current Liabilities | CZK mil | 140 | 99.7 | 97.8 | 91.3 | 87.8 | |||
| Current Liabilities | CZK mil | 20.6 | 17.0 | 14.7 | 22.1 | 24.6 | |||
| Net Debt/EBITDA | 1.05 | 0.700 | 1.26 | -0.224 | -0.163 | ||||
| Net Debt/Equity | % | -41.7 | -0.898 | -14.8 | -4.60 | -10.0 | |||
| Cost of Financing | % | ... | 22.0 | 85.4 | 83.5 | 49.3 | 42.0 | ||
| cash flow | |||||||||
| Total Cash From Operations | CZK mil | ... | -7.62 | -12.1 | -1.05 | 0.700 | 5.89 | ||
| Total Cash From Investing | CZK mil | ... | 24.3 | 18.4 | 7.81 | -0.492 | 1.84 | ||
| Total Cash From Financing | CZK mil | ... | ... | -16.3 | 1.18 | 1.88 | 1.34 | ||
| Net Change In Cash | CZK mil | ... | -7.44 | -0.700 | 4.24 | 0.108 | 4.14 |
| income statement | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | |||||||||
| Sales | CZK mil | 121 | 123 | 103 | 117 | 140 | |||
| Cost of Goods & Services | CZK mil | 96.2 | 94.4 | 77.9 | 89.5 | 106 | |||
| Gross Profit | CZK mil | 25.3 | 28.9 | 25.6 | 27.2 | 33.9 | |||
| Staff Cost | CZK mil | 30.0 | 26.6 | 21.7 | 24.6 | 28.0 | |||
| Other Operating Cost (Income) | CZK mil | 7.67 | 2.78 | 6.85 | -0.916 | -2.50 | |||
| EBITDA | CZK mil | -12.3 | -0.440 | -3.00 | 3.53 | 8.40 | |||
| Depreciation | CZK mil | 5.38 | 3.03 | 3.01 | 10.2 | 10.3 | |||
| EBIT | CZK mil | -17.7 | -3.47 | -6.00 | -6.71 | -1.89 | |||
| Net Financing Cost | CZK mil | 0.404 | -2.99 | 4.23 | 2.96 | 3.39 | |||
| Financing Cost | CZK mil | 1.04 | 4.44 | 4.19 | 2.70 | 2.99 | |||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||
| Pre-Tax Profit | CZK mil | -18.1 | -0.473 | -10.2 | -9.67 | -5.28 | |||
| Tax | CZK mil | -0.999 | -1.47 | -1.45 | -1.44 | -1.82 | |||
| Net Profit | CZK mil | -17.1 | 0.994 | -8.78 | -8.23 | -3.47 | |||
| Net Profit Avail. to Common | CZK mil | -17.1 | 0.994 | -8.78 | -8.23 | -3.47 | |||
| Dividends | CZK mil | ... | 17.0 | -2.15 | 0.019 | 0.046 | 0.055 | ||
| growth rates | |||||||||
| Total Revenue Growth | % | ... | -13.2 | 1.54 | -16.1 | 12.9 | 19.8 | ||
| Staff Cost Growth | % | ... | -9.44 | -11.3 | -18.2 | 13.3 | 13.5 | ||
| EBITDA Growth | % | ... | 653 | -96.4 | 581 | -218 | 138 | ||
| EBIT Growth | % | ... | 186 | -80.4 | 73.2 | 11.8 | -71.8 | ||
| Pre-Tax Profit Growth | % | ... | 71.6 | -97.4 | 2,063 | -5.48 | -45.4 | ||
| Net Profit Growth | % | ... | 99.9 | -106 | -983 | -6.24 | -57.9 | ||
| ratios | |||||||||
| ROE | % | -35.5 | 3.04 | -29.4 | -38.5 | -22.4 | |||
| ROA | % | -9.50 | 0.635 | -6.07 | -6.13 | -2.70 | |||
| ROCE | % | ... | -10.4 | 0.683 | -6.50 | -6.69 | -3.06 | ||
| Gross Margin | % | 20.9 | 23.5 | 24.7 | 23.3 | 24.2 | |||
| EBITDA Margin | % | -10.1 | -0.357 | -2.89 | 3.02 | 6.00 | |||
| EBIT Margin | % | -14.6 | -2.81 | -5.80 | -5.75 | -1.35 | |||
| Net Margin | % | -14.1 | 0.806 | -8.48 | -7.05 | -2.48 | |||
| Payout Ratio | % | ... | -99.1 | -216 | -0.217 | -0.559 | -1.59 | ||
| Cost of Financing | % | ... | 22.0 | 85.4 | 83.5 | 49.3 | 42.0 | ||
| Net Debt/EBITDA | 1.05 | 0.700 | 1.26 | -0.224 | -0.163 |
| balance sheet | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | |||||||||
| Cash & Cash Equivalents | CZK mil | 1.39 | 0.693 | 4.93 | 5.04 | 9.18 | |||
| Receivables | CZK mil | 17.2 | 30.2 | 24.0 | 25.4 | 26.7 | |||
| Inventories | CZK mil | 9.82 | 8.41 | 8.02 | 8.60 | 10.8 | |||
| Other ST Assets | CZK mil | 0.327 | < 0.001 | 0 | 0 | 0 | |||
| Current Assets | CZK mil | 28.7 | 39.3 | 36.9 | 39.0 | 46.7 | |||
| Property, Plant & Equipment | CZK mil | 116 | 106 | 97.1 | 88.3 | 78.4 | |||
| LT Investments & Receivables | CZK mil | 16.5 | 5.12 | 3.39 | 2.18 | < -0.001 | |||
| Intangible Assets | CZK mil | 0.048 | 0.022 | 0.023 | 0.282 | 0.175 | |||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | |||
| Non-Current Assets | CZK mil | 133 | 111 | 100 | 90.7 | 78.6 | |||
| Total Assets | CZK mil | 162 | 151 | 138 | 131 | 126 | |||
| Trade Payables | CZK mil | 11.6 | 7.06 | 5.15 | 5.82 | 8.47 | |||
| Short-Term Debt | CZK mil | 4.90 | 5.50 | 4.53 | 6.43 | 7.81 | |||
| Other ST Liabilities | CZK mil | 4.08 | 4.40 | 5.01 | 9.81 | 8.29 | |||
| Current Liabilities | CZK mil | 20.6 | 17.0 | 14.7 | 22.1 | 24.6 | |||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | |||
| Other LT Liabilities | CZK mil | 140 | 99.7 | 97.8 | 91.3 | 87.8 | |||
| Non-Current Liabilities | CZK mil | 140 | 99.7 | 97.8 | 91.3 | 87.8 | |||
| Liabilities | CZK mil | 131 | 117 | 113 | 113 | 112 | |||
| Equity Before Minority Interest | CZK mil | 31.1 | 34.3 | 25.5 | 17.2 | 13.7 | |||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||
| Equity | CZK mil | 31.1 | 34.3 | 25.5 | 17.2 | 13.7 | |||
| growth rates | |||||||||
| Total Asset Growth | % | ... | -18.4 | -6.74 | -8.58 | -5.37 | -3.47 | ||
| Shareholders' Equity Growth | % | ... | -52.2 | 10.1 | -25.6 | -32.4 | -20.4 | ||
| Net Debt Growth | % | ... | -65.4 | -97.6 | 1,129 | -79.1 | 73.2 | ||
| Total Debt Growth | % | ... | 8.32 | 12.4 | -17.7 | 41.9 | 21.5 | ||
| ratios | |||||||||
| Total Debt | CZK mil | 4.90 | 5.50 | 4.53 | 6.43 | 7.81 | |||
| Net Debt | CZK mil | -13.0 | -0.308 | -3.79 | -0.792 | -1.37 | |||
| Working Capital | CZK mil | 15.4 | 31.6 | 26.8 | 28.1 | 29.1 | |||
| Capital Employed | CZK mil | 148 | 143 | 127 | 119 | 108 | |||
| Net Debt/Equity | % | -41.7 | -0.898 | -14.8 | -4.60 | -10.0 | |||
| Current Ratio | 1.40 | 2.32 | 2.51 | 1.77 | 1.90 | ||||
| Quick Ratio | 0.903 | 1.82 | 1.97 | 1.38 | 1.46 |
| cash flow | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | |||||||||
| Net Profit | CZK mil | -17.1 | 0.994 | -8.78 | -8.23 | -3.47 | |||
| Depreciation | CZK mil | 5.38 | 3.03 | 3.01 | 10.2 | 10.3 | |||
| Non-Cash Items | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||
| Change in Working Capital | CZK mil | ... | 4.11 | -16.2 | 4.72 | -1.32 | -0.927 | ||
| Total Cash From Operations | CZK mil | ... | -7.62 | -12.1 | -1.05 | 0.700 | 5.89 | ||
| Capital Expenditures | CZK mil | ... | 24.3 | 18.4 | 7.81 | -0.492 | 1.84 | ||
| Other Investing Activities | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||
| Total Cash From Investing | CZK mil | ... | 24.3 | 18.4 | 7.81 | -0.492 | 1.84 | ||
| Dividends Paid | CZK mil | ... | ... | -17.0 | 2.15 | -0.019 | -0.046 | ||
| Issuance Of Shares | CZK mil | ... | 0 | 0 | 0 | 0 | 0 | ||
| Issuance Of Debt | CZK mil | ... | 0.376 | 0.607 | -0.973 | 1.90 | 1.38 | ||
| Other Financing Activities | CZK mil | ... | ... | -18.4 | -7.81 | 0.492 | -1.84 | ||
| Total Cash From Financing | CZK mil | ... | ... | -16.3 | 1.18 | 1.88 | 1.34 | ||
| Net Change In Cash | CZK mil | ... | -7.44 | -0.700 | 4.24 | 0.108 | 4.14 | ||
| ratios | |||||||||
| Days Sales Outstanding | days | 51.6 | 89.4 | 84.5 | 79.3 | 69.8 | |||
| Days Sales Of Inventory | days | 37.3 | 32.5 | 37.6 | 35.1 | 37.2 | |||
| Days Payable Outstanding | days | 44.0 | 27.3 | 24.1 | 23.7 | 29.2 | |||
| Cash Conversion Cycle | days | 44.9 | 94.6 | 98.0 | 90.6 | 77.8 | |||
| Cash Earnings | CZK mil | -11.7 | 4.02 | -5.77 | 2.02 | 6.82 | |||
| Free Cash Flow | CZK mil | ... | 16.7 | 6.22 | 6.76 | 0.208 | 7.73 | ||
| Capital Expenditures (As % of Sales) | % | ... | -20.0 | -14.9 | -7.54 | 0.421 | -1.31 |
| other ratios | Unit | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Employees | 96.0 | 82.0 | 70.0 | 73.0 | 76.0 | ||||
| Cost Per Employee | USD per month | 1,331 | 1,265 | 1,085 | 1,114 | 1,307 | |||
| Cost Per Employee (Local Currency) | CZK per month | 26,040 | 27,030 | 25,891 | 28,118 | 30,667 | |||
| Material & Energy (As % of Sales) | % | 62.6 | 61.6 | 58.6 | 59.5 | 60.4 | |||
| Services (As % of Sales) | % | 16.6 | 14.9 | 16.7 | 17.2 | 15.4 | |||
| Staff Cost (As % of Sales) | % | 24.7 | 21.6 | 21.0 | 21.1 | 20.0 | |||
| Effective Tax Rate | % | 5.52 | 310 | 14.2 | 14.9 | 34.4 | |||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | -0.025 |
Get all company financials in excel:
By Helgi Library - December 6, 2021
VPO Protivanov invested a total of CZK 2.92 mil in 2019, up 155% compared to the previous year. Historically, between 2013 - 2019, the company's investments stood at a high of CZK 2.92 mil in 2019 and a low of CZK -24.3 mil in 2013. A...
By Helgi Library - December 6, 2021
VPO Protivanov made a net profit of CZK 4.27 mil with revenues of CZK 150 mil in 2019, up by 150% and up by 4.90%, respectively, compared to the previous year. This translates into a net margin of 2.85%. Historically, between 2012 and 2019, the firm...
By Helgi Library - December 6, 2021
VPO Protivanov's net debt stood at CZK -4.53 mil and accounted for -23.2% of equity at the end of 2019. The ratio is up 25.6 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of -0.898% in 2014 and a low...
VPO Protivanov has been growing its sales by 3.95% a year on average in the last 5 years. EBITDA has grown by 3% during that time to total of CZK 14.9 mil in 2019, or 9.94% of sales. That’s compared to 5.28% average margin seen in last five years.
The company netted CZK 4.27 mil in 2019 implying ROE of 24.5% and ROCE of 4.93%. Again, the average figures were -10.8% and -1.93%, respectively when looking at the previous 5 years.
VPO Protivanov’s net debt amounted to CZK -4.53 mil at the end of 2019, or -23.2% of equity. When compared to EBITDA, net debt was -0.304x, down when compared to average of 0.013x seen in the last 5 years.
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