Farmet

Farmet's Cash & Cash Equivalents fell 18.2% yoy to CZK 45.8 mil in 2015

By Helgi Library - April 2, 2020

Farmet's total assets reached CZK 536 mil at the end of 2015, down 5.53% compared to the previous year. Current as...

Profit Statement
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Feb 2014
Company Report
Feb 2014
Statistical Dossier

Farmet is a small private Czech Republic-based company involved in the development, production, sale and service of agricultural machines for soil processing and sowing and oil processing technologies. The Company was founded in 1992, it now exports into more than 20 countries and employes around 250 persons. In 2012, the Company reached total sales of CZK 576 mil with a net profit of CZK 67 mil

Finance

Farmet has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 40.4% a year during that time to total of CZK 3.62 mil in 2015, or 0.679% of sales. That’s compared to 9.78% average margin seen in last five years.

The company netted CZK -29.2 mil in 2015 implying ROE of -9.12% and ROCE of -6.79%. Again, the average figures were 8.80% and 7.26%, respectively when looking at the previous 5 years.

Farmet’s net debt amounted to CZK 67.7 mil at the end of 2015, or 0.225 of equity. When compared to EBITDA, net debt was 18.7x, up when compared to average of 5.04x seen in the last 5 years.

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