By Helgi Library - April 2, 2020
Armex Oil's total assets reached CZK 1,884 mil at the end of 2015, up 14.7% compared to the previous year. Current...
By Helgi Library - April 2, 2020
Armex Oil's total assets reached CZK 1,884 mil at the end of 2015, up 14.7% compared to the previous year. Current...
| Profit Statement | 2013 | 2014 | 2015 | |
| Sales | CZK mil | 8,857 | 10,021 | 12,323 |
| Gross Profit | CZK mil | 134 | 134 | 227 |
| EBITDA | CZK mil | 126 | 132 | 201 |
| EBIT | CZK mil | 110 | 117 | 182 |
| Financing Cost | CZK mil | 16.6 | 4.22 | 1.82 |
| Pre-Tax Profit | CZK mil | 93.7 | 113 | 180 |
| Net Profit | CZK mil | 74.9 | 92.4 | 148 |
| Balance Sheet | 2013 | 2014 | 2015 | |
| Total Assets | CZK mil | 1,567 | 1,643 | 1,884 |
| Non-Current Assets | CZK mil | 356 | 411 | 586 |
| Current Assets | CZK mil | 1,210 | 1,230 | 1,296 |
| Working Capital | CZK mil | 609 | 667 | 741 |
| Shareholders' Equity | CZK mil | 306 | 370 | 495 |
| Liabilities | CZK mil | 1,261 | 1,273 | 1,390 |
| Total Debt | CZK mil | 593 | 456 | 211 |
| Net Debt | CZK mil | 566 | 213 | -22.0 |
| Ratios | 2013 | 2014 | 2015 | |
| ROE | % | 25.6 | 27.4 | 34.2 |
| ROCE | % | 8.46 | 9.05 | 12.3 |
| Gross Margin | % | 1.52 | 1.34 | 1.84 |
| EBITDA Margin | % | 1.42 | 1.32 | 1.63 |
| EBIT Margin | % | 1.25 | 1.17 | 1.48 |
| Net Margin | % | 0.846 | 0.922 | 1.20 |
| Net Debt/EBITDA | 4.51 | 1.61 | -0.110 | |
| Net Debt/Equity | 1.85 | 0.575 | -0.045 | |
| Cost of Financing | % | 3.01 | 0.804 | 0.546 |
| Cash Flow | 2013 | 2014 | 2015 | |
| Cash Conversion Cycle | days | 25.0 | 24.3 | 22.0 |
| Cash Earnings | CZK mil | 90.1 | 107 | 167 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||
| Sales | CZK mil | 3,200 | 3,764 | 5,691 | 5,837 | 8,857 | ||||
| Gross Profit | CZK mil | 124 | 120 | 165 | 147 | 134 | ||||
| EBIT | CZK mil | 97.5 | 94.3 | 129 | 125 | 110 | ||||
| Net Profit | CZK mil | 40.7 | 60.8 | 89.6 | 86.0 | 74.9 | ||||
| ROE | % | 32.8 | 37.1 | 43.0 | 33.6 | 25.6 | ||||
| EBIT Margin | % | 3.05 | 2.50 | 2.26 | 2.15 | 1.25 | ||||
| Net Margin | % | 1.27 | 1.61 | 1.57 | 1.47 | 0.846 | ||||
| Employees | 18.0 | 19.0 | 20.0 | 22.0 | 22.0 | ... | ||||
| balance sheet | ||||||||||
| Total Assets | CZK mil | 723 | 855 | 1,060 | 1,132 | 1,567 | ||||
| Non-Current Assets | CZK mil | 271 | 277 | 281 | 338 | 356 | ||||
| Current Assets | CZK mil | 451 | 576 | 777 | 973 | 1,210 | ||||
| Shareholders' Equity | CZK mil | 144 | 184 | 233 | 279 | 306 | ||||
| Liabilities | CZK mil | 579 | 671 | 826 | 853 | 1,261 | ||||
| Non-Current Liabilities | CZK mil | 1.09 | 1.63 | 2.92 | 3.22 | 3.22 | ||||
| Current Liabilities | CZK mil | 86.3 | 237 | 451 | 522 | 667 | ||||
| Net Debt/EBITDA | 4.11 | 3.59 | 2.34 | 3.48 | 4.51 | |||||
| Net Debt/Equity | 3.08 | 2.07 | 1.42 | 1.71 | 1.85 | |||||
| Cost of Financing | % | ... | 10.7 | 4.52 | 4.19 | 4.25 | 3.01 |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| income statement | ||||||||||
| Sales | CZK mil | 3,200 | 3,764 | 5,691 | 5,837 | 8,857 | ||||
| Cost of Goods & Services | CZK mil | 3,076 | 3,644 | 5,526 | 5,690 | 8,722 | ||||
| Gross Profit | CZK mil | 124 | 120 | 165 | 147 | 134 | ||||
| Staff Cost | CZK mil | 10.0 | 12.8 | 15.5 | 16.1 | 16.0 | ||||
| Other Cost | CZK mil | 5.57 | 0.846 | 8.57 | -6.83 | -7.07 | ||||
| EBITDA | CZK mil | 108 | 106 | 141 | 138 | 126 | ||||
| Depreciation | CZK mil | 10.6 | 11.8 | 12.5 | 12.3 | 15.2 | ||||
| EBIT | CZK mil | 97.5 | 94.3 | 129 | 125 | 110 | ||||
| Financing Cost | CZK mil | 47.7 | 20.8 | 16.9 | 18.8 | 16.6 | ||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | CZK mil | 49.8 | 73.5 | 112 | 107 | 93.7 | ||||
| Tax | CZK mil | 9.07 | 12.7 | 22.4 | 20.6 | 18.8 | ||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Net Profit | CZK mil | 40.7 | 60.8 | 89.6 | 86.0 | 74.9 | ||||
| growth rates | ||||||||||
| Total Revenue Growth | % | ... | -17.3 | 17.6 | 51.2 | 2.57 | 51.7 | |||
| Operating Cost Growth | % | ... | -38.9 | -12.7 | 77.1 | -61.7 | -3.73 | |||
| EBITDA Growth | % | ... | 16.3 | -1.96 | 33.3 | -2.62 | -8.82 | |||
| EBIT Growth | % | ... | 19.1 | -3.33 | 36.7 | -2.75 | -12.0 | |||
| Pre-Tax Profit Growth | % | ... | 133 | 47.5 | 52.5 | -4.85 | -12.1 | |||
| Net Profit Growth | % | ... | 150 | 49.2 | 47.4 | -4.00 | -12.9 | |||
| ratios | ||||||||||
| ROE | % | 32.8 | 37.1 | 43.0 | 33.6 | 25.6 | ||||
| ROCE | % | ... | 8.15 | 9.59 | 13.4 | 11.6 | 8.46 | |||
| Gross Margin | % | 3.87 | 3.18 | 2.91 | 2.52 | 1.52 | ||||
| EBITDA Margin | % | 3.38 | 2.82 | 2.48 | 2.36 | 1.42 | ||||
| EBIT Margin | % | 3.05 | 2.50 | 2.26 | 2.15 | 1.25 | ||||
| Net Margin | % | 1.27 | 1.61 | 1.57 | 1.47 | 0.846 | ||||
| Cost of Financing | % | ... | 10.7 | 4.52 | 4.19 | 4.25 | 3.01 | |||
| Net Debt/EBITDA | 4.11 | 3.59 | 2.34 | 3.48 | 4.51 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| balance sheet | ||||||||||
| Non-Current Assets | CZK mil | 271 | 277 | 281 | 338 | 356 | ||||
| Property, Plant & Equipment | CZK mil | 270 | 277 | 272 | 329 | 326 | ||||
| Intangible Assets | CZK mil | 0.913 | 0.815 | 0.426 | 0.445 | 0.267 | ||||
| Current Assets | CZK mil | 451 | 576 | 777 | 973 | 1,210 | ||||
| Inventories | CZK mil | 116 | 160 | 98.7 | 88.3 | 206 | ||||
| Receivables | CZK mil | 280 | 337 | 460 | 531 | 741 | ||||
| Cash & Cash Equivalents | CZK mil | 44.3 | 50.5 | 42.8 | 30.1 | 26.2 | ||||
| Total Assets | CZK mil | 723 | 855 | 1,060 | 1,132 | 1,567 | ||||
| Shareholders' Equity | CZK mil | 144 | 184 | 233 | 279 | 306 | ||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Liabilities | CZK mil | 579 | 671 | 826 | 853 | 1,261 | ||||
| Non-Current Liabilities | CZK mil | 1.09 | 1.63 | 2.92 | 3.22 | 3.22 | ||||
| Long-Term Debt | CZK mil | 46.1 | 73.1 | 50.7 | 81.5 | 57.7 | ||||
| Deferred Tax Liabilities | CZK mil | 1.09 | 1.30 | 1.29 | 1.56 | 1.57 | ||||
| Current Liabilities | CZK mil | 86.3 | 237 | 451 | 522 | 667 | ||||
| Short-Term Debt | CZK mil | 443 | 358 | 323 | 427 | 535 | ||||
| Trade Payables | CZK mil | 64.6 | 107 | 165 | 150 | 338 | ||||
| Provisions | CZK mil | 0.013 | 0 | 0 | 0 | 0 | ||||
| Equity And Liabilities | CZK mil | 723 | 855 | 1,060 | 1,132 | 1,567 | ||||
| growth rates | ||||||||||
| Total Asset Growth | % | ... | 16.2 | 18.2 | 24.0 | 6.83 | 38.4 | |||
| Shareholders' Equity Growth | % | ... | 39.3 | 27.2 | 27.0 | 19.7 | 9.48 | |||
| Net Debt Growth | % | ... | 83.5 | -14.4 | -13.0 | 44.5 | 18.4 | |||
| Total Debt Growth | % | ... | 22.4 | -11.8 | -13.3 | 36.0 | 16.5 | |||
| ratios | ||||||||||
| Total Debt | CZK mil | 489 | 431 | 374 | 509 | 593 | ||||
| Net Debt | CZK mil | 445 | 381 | 331 | 478 | 566 | ||||
| Working Capital | CZK mil | 331 | 389 | 393 | 469 | 609 | ||||
| Capital Employed | CZK mil | 602 | 667 | 674 | 807 | 964 | ||||
| Net Debt/Equity | 3.08 | 2.07 | 1.42 | 1.71 | 1.85 | |||||
| Cost of Financing | % | ... | 10.7 | 4.52 | 4.19 | 4.25 | 3.01 |
| cash flow | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| cash flow | ||||||||||
| Net Profit | CZK mil | 40.7 | 60.8 | 89.6 | 86.0 | 74.9 | ||||
| Depreciation | CZK mil | 10.6 | 11.8 | 12.5 | 12.3 | 15.2 | ||||
| ratios | ||||||||||
| Days Sales Outstanding | days | 31.9 | 32.7 | 29.5 | 33.2 | 30.5 | ||||
| Days Sales Of Inventory | days | 13.7 | 16.0 | 6.52 | 5.66 | 8.63 | ||||
| Days Payable Outstanding | days | 7.66 | 10.8 | 10.9 | 9.65 | 14.1 | ||||
| Cash Conversion Cycle | days | 38.0 | 37.9 | 25.1 | 29.2 | 25.0 | ||||
| Cash Earnings | CZK mil | 51.4 | 72.6 | 102 | 98.3 | 90.1 |
| other data | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 |
| other data | ||||||||||
| ROA | % | 6.05 | 7.70 | 9.36 | 7.85 | 5.55 | ||||
| Gross Margin | % | 3.87 | 3.18 | 2.91 | 2.52 | 1.52 | ||||
| Employees | 18.0 | 19.0 | 20.0 | 22.0 | 22.0 | ... | ||||
| Cost Per Employee | USD per month | 2,433 | 2,928 | 3,658 | 3,112 | 3,089 | ... | |||
| Cost Per Employee (Local Currency) | CZK per month | 46,357 | 55,965 | 64,700 | 60,871 | 60,443 | ... | |||
| Staff Cost (As % Of Total Cost) | % | 0.323 | 0.348 | 0.279 | 0.281 | 0.182 | ||||
| Effective Tax Rate | % | 18.2 | 17.3 | 20.0 | 19.3 | 20.1 | ||||
| Number of Gas Stations | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Sales of Fuels | mil liters | ... | ... | ... | ... | ... | 304 | 382 | ... |
Get all company financials in excel:
Armex Oil, s.r.o. is a Czech Republic-based distributor of fuel. The Company was founded in 1999 and is based in Decin, Czech Republic. Armex Oil, s.r.o. operates as a subsidiary of Armex Holding a.s
Armex Oil has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 13.6% a year during that time to total of CZK 201 mil in 2015, or 1.63% of sales. That’s compared to 1.84% average margin seen in last five years.
The company netted CZK 148 mil in 2015 implying ROE of 34.2% and ROCE of 12.3%. Again, the average figures were 32.7% and 11.0%, respectively when looking at the previous 5 years.
Armex Oil’s net debt amounted to CZK -22.0 mil at the end of 2015, or -0.045 of equity. When compared to EBITDA, net debt was -0.110x, down when compared to average of 2.37x seen in the last 5 years.
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