By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak made a net profit of PLN 0.445 mil with revenues of PLN 20.5 mil in 2019, up by 485% and down...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak made a net profit of PLN 0.445 mil with revenues of PLN 20.5 mil in 2019, up by 485% and down...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak's net debt stood at PLN -2.63 mil and accounted for -27.4% of equity at the end of 2019. The ratio is ...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | PLN mil | 21.0 | 21.4 | 20.5 |
| EBITDA | PLN mil | 1.50 | 0.390 | 0.807 |
| EBIT | PLN mil | 1.33 | 0.165 | 0.570 |
| Financing Cost | PLN mil | < 0.001 | < 0.001 | < 0.001 |
| Pre-Tax Profit | PLN mil | 1.36 | 0.110 | 0.554 |
| Net Profit | PLN mil | 1.10 | 0.076 | 0.445 |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | PLN mil | 11.2 | 10.9 | 11.0 |
| Non-Current Assets | PLN mil | 4.39 | 4.13 | 4.27 |
| Current Assets | PLN mil | 6.78 | 6.76 | 6.75 |
| Working Capital | PLN mil | 3.97 | 3.01 | 2.71 |
| Shareholders' Equity | PLN mil | 9.73 | 9.11 | 9.60 |
| Liabilities | PLN mil | 1.44 | 1.78 | 1.42 |
| Total Debt | PLN mil | 0 | 0 | 0 |
| Net Debt | PLN mil | -1.30 | -1.80 | -2.63 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 12.1 | 0.807 | 4.75 |
| ROCE | % | 16.2 | 0.980 | 6.29 |
| EBITDA Margin | % | 7.13 | 1.82 | 3.94 |
| EBIT Margin | % | 6.32 | 0.771 | 2.78 |
| Net Margin | % | 5.22 | 0.355 | 2.17 |
| Net Debt/EBITDA | -0.867 | -4.60 | -3.26 | |
| Net Debt/Equity | % | -13.3 | -19.7 | -27.4 |
| Cash Flow | 2017 | 2018 | 2019 | |
| Total Cash From Operations | PLN mil | -0.734 | 0.011 | 0.529 |
| Total Cash From Investing | PLN mil | -1.31 | 0.487 | 0.096 |
| Total Cash From Financing | PLN mil | 0 | 0 | 0 |
| Net Change In Cash | PLN mil | -2.05 | 0.498 | 0.625 |
| Cash Earnings | PLN mil | 1.27 | 0.301 | 0.682 |
| Free Cash Flow | PLN mil | -2.05 | 0.498 | 0.625 |
Get all company financials in excel:
| overview | Unit | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||
| Sales | PLN mil | 13.4 | 14.3 | 15.1 | 17.1 | 21.0 | ||||
| EBIT | PLN mil | 0.410 | 0.839 | 1.31 | 0.825 | 1.33 | ||||
| Net Profit | PLN mil | 0.315 | 0.659 | 1.06 | 0.627 | 1.10 | ||||
| ROE | % | 4.23 | 8.65 | 13.1 | 7.44 | 12.1 | ||||
| EBIT Margin | % | 3.06 | 5.86 | 8.73 | 4.84 | 6.32 | ||||
| Net Margin | % | 2.35 | 4.60 | 7.05 | 3.67 | 5.22 | ||||
| balance sheet | ||||||||||
| Total Assets | PLN mil | 8.73 | 9.02 | 9.74 | 9.81 | 11.2 | ||||
| Non-Current Assets | PLN mil | 3.24 | 3.25 | 3.12 | 2.91 | 4.39 | ||||
| Current Assets | PLN mil | 5.49 | 5.77 | 6.61 | 6.90 | 6.78 | ||||
| Shareholders' Equity | PLN mil | 7.48 | 7.75 | 8.49 | 8.35 | 9.73 | ||||
| Liabilities | PLN mil | 1.24 | 1.27 | 1.24 | 1.46 | 1.44 | ||||
| Non-Current Liabilities | PLN mil | 0.099 | 0.112 | 0.084 | 0.051 | 0.015 | ||||
| Current Liabilities | PLN mil | 1.14 | 1.16 | 1.16 | 1.41 | 1.43 | ||||
| Net Debt/EBITDA | -2.18 | -2.36 | -2.41 | -3.35 | -0.867 | |||||
| Net Debt/Equity | % | -29.2 | -31.8 | -42.6 | -40.1 | -13.3 | ||||
| cash flow | ||||||||||
| Total Cash From Operations | PLN mil | ... | -1.03 | 0.079 | 0.844 | -0.645 | -0.734 | |||
| Total Cash From Investing | PLN mil | ... | 1.21 | 0.198 | 0.309 | 0.388 | -1.31 | |||
| Total Cash From Financing | PLN mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Net Change In Cash | PLN mil | ... | 0.182 | 0.278 | 1.15 | -0.257 | -2.05 |
| income statement | Unit | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||
| Sales | PLN mil | 13.4 | 14.3 | 15.1 | 17.1 | 21.0 | ||||
| Staff Cost | PLN mil | 1.30 | 1.32 | 1.33 | 1.32 | 1.56 | ||||
| EBITDA | PLN mil | 1.00 | 1.05 | 1.50 | 1.00 | 1.50 | ||||
| Depreciation | PLN mil | 0.593 | 0.208 | 0.184 | 0.176 | 0.171 | ||||
| EBIT | PLN mil | 0.410 | 0.839 | 1.31 | 0.825 | 1.33 | ||||
| Net Financing Cost | PLN mil | 0.032 | 0.017 | -0.005 | 0.045 | -0.034 | ||||
| Financing Cost | PLN mil | 0.037 | 0.007 | < 0.001 | < 0.001 | < 0.001 | ||||
| Extraordinary Cost | PLN mil | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | PLN mil | 0.378 | 0.822 | 1.32 | 0.780 | 1.36 | ||||
| Tax | PLN mil | 0.062 | 0.163 | 0.258 | 0.154 | 0.264 | ||||
| Net Profit | PLN mil | 0.315 | 0.659 | 1.06 | 0.627 | 1.10 | ||||
| Net Profit Avail. to Common | PLN mil | 0.315 | 0.659 | 1.06 | 0.627 | 1.10 | ||||
| growth rates | ||||||||||
| Total Revenue Growth | % | ... | 3.21 | 6.88 | 5.17 | 13.2 | 23.1 | |||
| Staff Cost Growth | % | ... | 2.28 | 1.38 | 0.541 | -0.887 | 18.7 | |||
| EBITDA Growth | % | ... | 6.86 | 4.36 | 43.2 | -33.2 | 49.6 | |||
| EBIT Growth | % | ... | 32.2 | 105 | 56.6 | -37.2 | 60.7 | |||
| Pre-Tax Profit Growth | % | ... | 10.3 | 118 | 60.4 | -40.8 | 74.2 | |||
| Net Profit Growth | % | ... | 11.1 | 109 | 61.0 | -41.0 | 74.9 | |||
| ratios | ||||||||||
| ROE | % | 4.23 | 8.65 | 13.1 | 7.44 | 12.1 | ||||
| ROA | % | 3.49 | 7.43 | 11.3 | 6.41 | 10.4 | ||||
| ROCE | % | ... | 5.25 | 11.4 | 19.4 | 12.0 | 16.2 | |||
| EBITDA Margin | % | 7.48 | 7.31 | 9.95 | 5.87 | 7.13 | ||||
| EBIT Margin | % | 3.06 | 5.86 | 8.73 | 4.84 | 6.32 | ||||
| Net Margin | % | 2.35 | 4.60 | 7.05 | 3.67 | 5.22 | ||||
| Net Debt/EBITDA | -2.18 | -2.36 | -2.41 | -3.35 | -0.867 |
| balance sheet | Unit | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | ||||||||||
| Cash & Cash Equivalents | PLN mil | 2.15 | 2.43 | 3.58 | 3.32 | 1.28 | ||||
| Receivables | PLN mil | 1.07 | 1.43 | 0.946 | 0.850 | 2.16 | ||||
| Inventories | PLN mil | 2.22 | 1.88 | 1.98 | 2.64 | 2.99 | ||||
| Other ST Assets | PLN mil | 0.051 | 0.040 | 0.105 | 0.091 | 0.353 | ||||
| Current Assets | PLN mil | 5.49 | 5.77 | 6.61 | 6.90 | 6.78 | ||||
| Property, Plant & Equipment | PLN mil | 3.20 | 3.21 | 3.09 | 2.88 | 4.37 | ||||
| LT Investments & Receivables | PLN mil | 0.040 | 0.042 | 0.037 | 0.027 | 0.020 | ||||
| Intangible Assets | PLN mil | 0 | 0 | 0 | 0 | 0 | ||||
| Goodwill | PLN mil | 0 | 0 | 0 | 0 | 0 | ||||
| Non-Current Assets | PLN mil | 3.24 | 3.25 | 3.12 | 2.91 | 4.39 | ||||
| Total Assets | PLN mil | 8.73 | 9.02 | 9.74 | 9.81 | 11.2 | ||||
| Trade Payables | PLN mil | 0.632 | 0.843 | 0.820 | 1.22 | 1.18 | ||||
| Short-Term Debt | PLN mil | 0 | 0 | 0 | 0 | 0 | ||||
| Other ST Liabilities | PLN mil | 0.511 | 0.315 | 0.338 | 0.195 | 0.247 | ||||
| Current Liabilities | PLN mil | 1.14 | 1.16 | 1.16 | 1.41 | 1.43 | ||||
| Long-Term Debt | PLN mil | 0 | 0 | 0 | 0 | 0 | ||||
| Other LT Liabilities | PLN mil | 0.099 | 0.112 | 0.084 | 0.051 | 0.015 | ||||
| Non-Current Liabilities | PLN mil | 0.099 | 0.112 | 0.084 | 0.051 | 0.015 | ||||
| Liabilities | PLN mil | 1.24 | 1.27 | 1.24 | 1.46 | 1.44 | ||||
| Equity Before Minority Interest | PLN mil | 7.48 | 7.75 | 8.49 | 8.35 | 9.73 | ||||
| Minority Interest | PLN mil | 0 | 0 | 0 | 0 | 0 | ||||
| Equity | PLN mil | 7.48 | 7.75 | 8.49 | 8.35 | 9.73 | ||||
| growth rates | ||||||||||
| Total Asset Growth | % | ... | -6.36 | 3.37 | 7.92 | 0.816 | 13.9 | |||
| Shareholders' Equity Growth | % | ... | 0.611 | 3.57 | 9.58 | -1.68 | 16.5 | |||
| Net Debt Growth | % | ... | 10.6 | 12.8 | 46.5 | -7.35 | -61.3 | |||
| ratios | ||||||||||
| Total Debt | PLN mil | 0 | 0 | 0 | 0 | 0 | ||||
| Net Debt | PLN mil | -2.19 | -2.47 | -3.62 | -3.35 | -1.30 | ||||
| Working Capital | PLN mil | 2.65 | 2.46 | 2.11 | 2.27 | 3.97 | ||||
| Capital Employed | PLN mil | 5.89 | 5.71 | 5.23 | 5.18 | 8.36 | ||||
| Net Debt/Equity | % | -29.2 | -31.8 | -42.6 | -40.1 | -13.3 | ||||
| Current Ratio | 4.80 | 4.98 | 5.71 | 4.89 | 4.75 | |||||
| Quick Ratio | 2.82 | 3.33 | 3.91 | 2.95 | 2.41 |
| cash flow | Unit | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | ||||||||||
| Net Profit | PLN mil | 0.315 | 0.659 | 1.06 | 0.627 | 1.10 | ||||
| Depreciation | PLN mil | 0.593 | 0.208 | 0.184 | 0.176 | 0.171 | ||||
| Non-Cash Items | PLN mil | ... | -1.54 | -0.979 | -0.758 | -1.28 | -0.304 | |||
| Change in Working Capital | PLN mil | ... | -0.400 | 0.192 | 0.357 | -0.165 | -1.70 | |||
| Total Cash From Operations | PLN mil | ... | -1.03 | 0.079 | 0.844 | -0.645 | -0.734 | |||
| Capital Expenditures | PLN mil | ... | 1.21 | 0.198 | 0.309 | 0.388 | -1.31 | |||
| Other Investing Activities | PLN mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Total Cash From Investing | PLN mil | ... | 1.21 | 0.198 | 0.309 | 0.388 | -1.31 | |||
| Dividends Paid | PLN mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Issuance Of Shares | PLN mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Issuance Of Debt | PLN mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Other Financing Activities | PLN mil | ... | -1.21 | -0.198 | -0.309 | -0.388 | 1.31 | |||
| Total Cash From Financing | PLN mil | ... | 0 | 0 | 0 | 0 | 0 | |||
| Net Change In Cash | PLN mil | ... | 0.182 | 0.278 | 1.15 | -0.257 | -2.05 | |||
| ratios | ||||||||||
| Days Sales Outstanding | days | 29.1 | 36.4 | 22.9 | 18.2 | 37.5 | ||||
| Cash Earnings | PLN mil | 0.908 | 0.867 | 1.25 | 0.802 | 1.27 | ||||
| Free Cash Flow | PLN mil | ... | 0.182 | 0.278 | 1.15 | -0.257 | -2.05 | |||
| Capital Expenditures (As % of Sales) | % | ... | -9.06 | -1.39 | -2.05 | -2.27 | 6.25 |
| other ratios | Unit | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Staff Cost (As % of Sales) | % | 9.74 | 9.24 | 8.83 | 7.73 | 7.45 | ||||
| Effective Tax Rate | % | 16.5 | 19.8 | 19.5 | 19.7 | 19.4 | ||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 6.18 | 10.1 |
Get all company financials in excel:
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak made a net profit of PLN 0.445 mil in 2019, up 485% compared to the previous year. Historically, between 2011 and 2019, the company's net profit reached a high of PLN 1.10 mil in 2017 and a low of PLN 0.076 mil in 2018. The resul...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak invested a total of PLN -0.096 mil in 2019, up 80.3% compared to the previous year. Historically, between 2012 - 2019, the company's investments stood at a high of PLN 1.31 mil in 2017 and a low of PLN -1.21 mil in ...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak made a net profit of PLN 0.445 mil with revenues of PLN 20.5 mil in 2019, up by 485% and down by 4.49%, respectively, compared to the previous year. This translates into a net margin of 2.17%. Historically, between 2011 and 201...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak's net debt stood at PLN -2.63 mil and accounted for -27.4% of equity at the end of 2019. The ratio is down 7.70 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of -13.3% in 2017 a...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak made a net profit of PLN 0.445 mil in 2019, up 485% compared to the previous year. Historically, between 2011 and 2019, the company's net profit reached a high of PLN 1.10 mil in 2017 and a low of PLN 0.076 mil in 2018. The resul...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak invested a total of PLN -0.096 mil in 2019, up 80.3% compared to the previous year. Historically, between 2012 - 2019, the company's investments stood at a high of PLN 1.31 mil in 2017 and a low of PLN -1.21 mil in ...
By Helgi Library - December 7, 2020
Fabryka Papieru Czerwonak made a net profit of PLN 0.445 mil with revenues of PLN 20.5 mil in 2019, up by 485% and down by 4.49%, respectively, compared to the previous year. This translates into a net margin of 2.17%. Historically, between 2011 and 201...
Fabryka Papieru Czerwonak has been growing its sales by 7.41% a year on average in the last 5 years. EBITDA has fallen on average by 5.06% a year during that time to total of PLN 0.807 mil in 2019, or 3.94% of sales. That’s compared to 5.74% average margin seen in last five years.
The company netted PLN 0.445 mil in 2019 implying ROE of 4.75% and ROCE of 6.29%. Again, the average figures were 7.64% and 11.0%, respectively when looking at the previous 5 years.
Fabryka Papieru Czerwonak’s net debt amounted to PLN -2.63 mil at the end of 2019, or -27.4% of equity. When compared to EBITDA, net debt was -3.26x, down when compared to average of -2.90x seen in the last 5 years.
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