By Helgi Library - April 2, 2020
Alpiq Energy SE's total assets reached CZK 12,240 mil at the end of 2016, up 32.5% compared to the previous year. ...
By Helgi Library - April 2, 2020
Alpiq Energy SE's total assets reached CZK 12,240 mil at the end of 2016, up 32.5% compared to the previous year. ...
Profit Statement |
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Alpiq Energy SE is one of the largest international electricity trading companies in the Czech Republic. The Company is active in wholesale and retail markets in the Czech Republic as well as in other countries in CEE. Besides electricity trading, the Company is also active in energy sales and operates its own power plants in Kladno and Zlín in the Czech Republic. Alpiq Energy SE is a part of Alpiq Group, which is an electric power production and distribution utility with headquarters in Neuchâtel, Switzerland. It operates mainly in Switzerland, but it also has power stations in Italy, France, Norway and Hungary. The group was established in 2009 in Neuchâtel, Switzerland after the merger of two Swiss energy companies Aare-Tessin Ltd. for Electricity (Atel) and Energie Ouest Suisse (EOS).
Alpiq Energy SE has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 8.23% a year during that time to total of CZK -1,399 mil in 2016, or -1.53% of sales. That’s compared to -0.086% average margin seen in last five years.
The company netted CZK -1,383 mil in 2016 implying ROE of -148% and ROCE of -489%. Again, the average figures were -13.2% and -80.1%, respectively when looking at the previous 5 years.
Alpiq Energy SE’s net debt amounted to CZK -282 mil at the end of 2016, or -48.6% of equity. When compared to EBITDA, net debt was 0.202x, down when compared to average of 2.07x seen in the last 5 years.