By Helgi Library - April 2, 2020
Hervis Sports Czech Republic's total assets reached CZK 417 mil at the end of 2014, down 7.44% compared to the previous year. ...
By Helgi Library - April 2, 2020
Hervis Sports Czech Republic's total assets reached CZK 417 mil at the end of 2014, down 7.44% compared to the previous year. ...
| Profit Statement | 2012 | 2013 | 2014 | |
| Sales | CZK mil | 1,134 | 964 | 939 |
| Gross Profit | CZK mil | 146 | 92.4 | 56.9 |
| EBITDA | CZK mil | 46.8 | -0.570 | -47.8 |
| EBIT | CZK mil | 8.02 | -38.4 | -88.2 |
| Financing Cost | CZK mil | 10.2 | 18.7 | 11.8 |
| Pre-Tax Profit | CZK mil | -2.18 | -57.2 | -103 |
| Net Profit | CZK mil | -2.00 | -82.2 | -103 |
| Balance Sheet | 2012 | 2013 | 2014 | |
| Total Assets | CZK mil | 474 | 450 | 417 |
| Non-Current Assets | CZK mil | 158 | 135 | 119 |
| Current Assets | CZK mil | 305 | 306 | 290 |
| Working Capital | CZK mil | 130 | 149 | 178 |
| Shareholders' Equity | CZK mil | 204 | 122 | 19.1 |
| Liabilities | CZK mil | 269 | 328 | 398 |
| Total Debt | CZK mil | 97.0 | 144 | 238 |
| Net Debt | CZK mil | 79.7 | 133 | 223 |
| Ratios | 2012 | 2013 | 2014 | |
| ROE | % | -0.975 | -50.3 | -146 |
| ROCE | % | -0.649 | -28.7 | -35.5 |
| Gross Margin | % | 12.9 | 9.58 | 6.06 |
| EBITDA Margin | % | 4.13 | -0.059 | -5.08 |
| EBIT Margin | % | 0.708 | -3.99 | -9.38 |
| Net Margin | % | -0.177 | -8.52 | -11.0 |
| Net Debt/EBITDA | 1.70 | -234 | -4.67 | |
| Net Debt/Equity | % | 39.0 | 109 | 1,170 |
| Cost of Financing | % | 8.60 | 15.5 | 6.19 |
| Cash Flow | 2012 | 2013 | 2014 | |
| Total Cash From Operations | CZK mil | 59.1 | -38.5 | -66.3 |
| Total Cash From Investing | CZK mil | -20.6 | -15.1 | -23.6 |
| Total Cash From Financing | CZK mil | -43.3 | 47.4 | 93.9 |
| Net Change In Cash | CZK mil | -4.89 | -6.24 | 4.02 |
| Cash Conversion Cycle | days | 46.9 | 60.3 | 71.7 |
| Cash Earnings | CZK mil | 36.7 | -44.3 | -62.7 |
| Free Cash Flow | CZK mil | 38.4 | -53.6 | -89.9 |
Get all company financials in excel:
| summary | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| income statement | ||||||||||||
| Sales | CZK mil | 1,116 | 1,317 | 1,329 | 1,176 | 1,134 | ||||||
| Gross Profit | CZK mil | 167 | 191 | 193 | 166 | 146 | ||||||
| EBIT | CZK mil | -13.0 | 10.1 | 37.4 | 24.7 | 8.02 | ||||||
| Net Profit | CZK mil | -29.0 | 2.01 | 26.6 | 6.88 | -2.00 | ||||||
| ROE | % | -22.3 | 1.17 | 14.3 | 3.39 | -0.975 | ||||||
| EBIT Margin | % | -1.17 | 0.768 | 2.81 | 2.10 | 0.708 | ||||||
| Net Margin | % | -2.60 | 0.152 | 2.00 | 0.585 | -0.177 | ||||||
| Employees | 309 | 387 | 369 | 321 | 310 | |||||||
| balance sheet | ||||||||||||
| Total Assets | CZK mil | 678 | 618 | 569 | 502 | 474 | ||||||
| Non-Current Assets | CZK mil | 270 | 259 | 225 | 176 | 158 | ||||||
| Current Assets | CZK mil | 405 | 357 | 343 | 314 | 305 | ||||||
| Shareholders' Equity | CZK mil | 171 | 173 | 199 | 206 | 204 | ||||||
| Liabilities | CZK mil | 508 | 445 | 369 | 296 | 269 | ||||||
| Non-Current Liabilities | CZK mil | 97.7 | 103 | 14.4 | 8.34 | 7.66 | ||||||
| Current Liabilities | CZK mil | 410 | 342 | 355 | 288 | 262 | ||||||
| Net Debt/EBITDA | 8.99 | 2.61 | 0.364 | 1.78 | 1.70 | |||||||
| Net Debt/Equity | % | 141 | 88.2 | 15.0 | 57.3 | 39.0 | ||||||
| Cost of Financing | % | ... | 7.49 | 2.49 | 3.12 | 14.2 | 8.60 | |||||
| cash flow | ||||||||||||
| Total Cash From Operations | CZK mil | 60.4 | 125 | 128 | 97.5 | 59.1 | ||||||
| Total Cash From Investing | CZK mil | -81.7 | -37.5 | -9.97 | 9.21 | -20.6 | ||||||
| Total Cash From Financing | CZK mil | 30.9 | -82.7 | 89.6 | 54.7 | -43.3 | ||||||
| Net Change In Cash | CZK mil | 9.63 | 5.26 | 207 | 161 | -4.89 |
| income statement | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| income statement | ||||||||||||
| Sales | CZK mil | 1,116 | 1,317 | 1,329 | 1,176 | 1,134 | ||||||
| Cost of Goods & Services | CZK mil | 949 | 1,126 | 1,136 | 1,011 | 988 | ||||||
| Gross Profit | CZK mil | 167 | 191 | 193 | 166 | 146 | ||||||
| Staff Cost | CZK mil | 95.3 | 117 | 120 | 112 | 106 | ||||||
| Other Cost | CZK mil | 45.3 | 16.1 | -9.04 | -12.6 | -6.44 | ||||||
| EBITDA | CZK mil | 26.7 | 58.3 | 82.1 | 66.2 | 46.8 | ||||||
| Depreciation | CZK mil | 39.8 | 48.2 | 44.8 | 41.5 | 38.7 | ||||||
| EBIT | CZK mil | -13.0 | 10.1 | 37.4 | 24.7 | 8.02 | ||||||
| Financing Cost | CZK mil | 22.6 | 5.52 | 4.14 | 16.1 | 10.2 | ||||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0.030 | 0 | ||||||
| Pre-Tax Profit | CZK mil | -35.7 | 4.60 | 33.2 | 8.61 | -2.18 | ||||||
| Tax | CZK mil | -6.67 | 2.59 | 6.60 | 1.73 | -0.174 | ||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | CZK mil | -29.0 | 2.01 | 26.6 | 6.88 | -2.00 | ||||||
| growth rates | ||||||||||||
| Total Revenue Growth | % | ... | 15.1 | 18.0 | 0.893 | -11.5 | -3.64 | |||||
| Operating Cost Growth | % | ... | 66.2 | -5.44 | -16.6 | -10.3 | -0.306 | |||||
| EBITDA Growth | % | ... | -38.2 | 118 | 40.9 | -19.4 | -29.4 | |||||
| EBIT Growth | % | ... | -206 | -178 | 269 | -33.9 | -67.5 | |||||
| Pre-Tax Profit Growth | % | ... | -1,680 | -113 | 623 | -74.1 | -125 | |||||
| Net Profit Growth | % | ... | -6,512 | -107 | 1,227 | -74.2 | -129 | |||||
| ratios | ||||||||||||
| ROE | % | -22.3 | 1.17 | 14.3 | 3.39 | -0.975 | ||||||
| ROCE | % | ... | -8.11 | 0.524 | 8.16 | 2.17 | -0.649 | |||||
| Gross Margin | % | 15.0 | 14.5 | 14.5 | 14.1 | 12.9 | ||||||
| EBITDA Margin | % | 2.40 | 4.43 | 6.18 | 5.63 | 4.13 | ||||||
| EBIT Margin | % | -1.17 | 0.768 | 2.81 | 2.10 | 0.708 | ||||||
| Net Margin | % | -2.60 | 0.152 | 2.00 | 0.585 | -0.177 | ||||||
| Cost of Financing | % | ... | 7.49 | 2.49 | 3.12 | 14.2 | 8.60 | |||||
| Net Debt/EBITDA | 8.99 | 2.61 | 0.364 | 1.78 | 1.70 |
| balance sheet | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| balance sheet | ||||||||||||
| Non-Current Assets | CZK mil | 270 | 259 | 225 | 176 | 158 | ||||||
| Property, Plant & Equipment | CZK mil | 270 | 259 | 225 | 176 | 158 | ||||||
| Intangible Assets | CZK mil | 0.250 | 0.140 | 0.056 | 0.012 | 0.067 | ||||||
| Current Assets | CZK mil | 405 | 357 | 343 | 314 | 305 | ||||||
| Inventories | CZK mil | 312 | 263 | 217 | 217 | 198 | ||||||
| Receivables | CZK mil | 17.3 | 8.83 | 24.4 | 14.0 | 26.8 | ||||||
| Cash & Cash Equivalents | CZK mil | 22.3 | 27.6 | 55.8 | 22.1 | 17.2 | ||||||
| Total Assets | CZK mil | 678 | 618 | 569 | 502 | 474 | ||||||
| Shareholders' Equity | CZK mil | 171 | 173 | 199 | 206 | 204 | ||||||
| Liabilities | CZK mil | 508 | 445 | 369 | 296 | 269 | ||||||
| Non-Current Liabilities | CZK mil | 97.7 | 103 | 14.4 | 8.34 | 7.66 | ||||||
| Long-Term Debt | CZK mil | 92.0 | 90.4 | 0 | 0 | 0 | ||||||
| Current Liabilities | CZK mil | 410 | 342 | 355 | 288 | 262 | ||||||
| Short-Term Debt | CZK mil | 171 | 89.6 | 85.6 | 140 | 97.0 | ||||||
| Trade Payables | CZK mil | 182 | 183 | 162 | 79.1 | 94.5 | ||||||
| Provisions | CZK mil | 5.57 | 12.4 | 14.3 | 8.34 | 7.66 | ||||||
| Equity And Liabilities | CZK mil | 678 | 618 | 569 | 502 | 474 | ||||||
| growth rates | ||||||||||||
| Total Asset Growth | % | ... | 3.05 | -8.93 | -7.95 | -11.7 | -5.75 | |||||
| Shareholders' Equity Growth | % | ... | 90.5 | 1.18 | 15.4 | 3.45 | -0.970 | |||||
| Net Debt Growth | % | ... | -27.0 | -36.6 | -80.4 | 295 | -32.5 | |||||
| Total Debt Growth | % | ... | ... | -23.2 | -31.5 | -52.4 | 63.8 | -30.9 | ||||
| ratios | ||||||||||||
| Total Debt | CZK mil | 263 | 180 | 85.6 | 140 | 97.0 | ||||||
| Net Debt | CZK mil | 240 | 152 | 29.9 | 118 | 79.7 | ||||||
| Working Capital | CZK mil | 148 | 88.8 | 79.8 | 152 | 130 | ||||||
| Capital Employed | CZK mil | 418 | 348 | 304 | 329 | 289 | ||||||
| Net Debt/Equity | % | 141 | 88.2 | 15.0 | 57.3 | 39.0 | ||||||
| Cost of Financing | % | ... | 7.49 | 2.49 | 3.12 | 14.2 | 8.60 |
| cash flow | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| cash flow | ||||||||||||
| Net Profit | CZK mil | -29.0 | 2.01 | 26.6 | 6.88 | -2.00 | ||||||
| Depreciation | CZK mil | 39.8 | 48.2 | 44.8 | 41.5 | 38.7 | ||||||
| Non-Cash Items | CZK mil | ... | 128 | 16.5 | 47.3 | 121 | 0.493 | |||||
| Change in Working Capital | CZK mil | ... | -78.6 | 58.7 | 9.00 | -72.4 | 21.8 | |||||
| Total Cash From Operations | CZK mil | 60.4 | 125 | 128 | 97.5 | 59.1 | ||||||
| Capital Expenditures | CZK mil | -81.9 | -38.7 | -10.3 | -1.76 | -20.6 | ||||||
| Other Investments | CZK mil | 0.156 | 1.22 | 0.288 | 11.0 | 0.016 | ||||||
| Total Cash From Investing | CZK mil | -81.7 | -37.5 | -9.97 | 9.21 | -20.6 | ||||||
| Issuance Of Debt | CZK mil | ... | -79.2 | -82.7 | -94.4 | 54.7 | -43.3 | |||||
| Total Cash From Financing | CZK mil | 30.9 | -82.7 | 89.6 | 54.7 | -43.3 | ||||||
| Net Change In Cash | CZK mil | 9.63 | 5.26 | 207 | 161 | -4.89 | ||||||
| ratios | ||||||||||||
| Days Sales Outstanding | days | 5.66 | 2.45 | 6.71 | 4.33 | 8.62 | ||||||
| Days Sales Of Inventory | days | 120 | 85.1 | 69.8 | 78.5 | 73.2 | ||||||
| Days Payable Outstanding | days | 70.1 | 59.2 | 52.0 | 28.6 | 34.9 | ||||||
| Cash Conversion Cycle | days | 55.8 | 28.4 | 24.5 | 54.3 | 46.9 | ||||||
| Cash Earnings | CZK mil | 10.8 | 50.2 | 71.4 | 48.4 | 36.7 | ||||||
| Free Cash Flow | CZK mil | -21.3 | 88.0 | 118 | 107 | 38.4 |
| other data | Unit | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 |
| other data | ||||||||||||
| ROA | % | -4.34 | 0.310 | 4.49 | 1.29 | -0.410 | ||||||
| Gross Margin | % | 15.0 | 14.5 | 14.5 | 14.1 | 12.9 | ||||||
| Employees | 309 | 387 | 369 | 321 | 310 | |||||||
| Cost Per Employee | USD per month | 1,509 | 1,321 | 1,418 | 1,646 | 1,452 | ||||||
| Cost Per Employee (Local Currency) | CZK per month | 25,711 | 25,172 | 27,100 | 29,109 | 28,397 | ||||||
| Staff Cost (As % Of Total Cost) | % | 8.44 | 8.94 | 9.29 | 9.74 | 9.39 | ||||||
| Effective Tax Rate | % | 18.7 | 56.4 | 19.8 | 20.1 | 8.00 | ||||||
| Capital Expenditures (As % of Sales) | % | 7.33 | 2.94 | 0.772 | 0.149 | 1.82 | ||||||
| Revenues From Abroad | CZK mil | 10.4 | 28.4 | 11.2 | 20.4 | 11.9 | ... | |||||
| Revenues From Abroad (As % Of Total) | % | 0.933 | 2.15 | 0.841 | 1.73 | 1.05 | ... | |||||
| Sales of Goods | CZK mil | 1,086 | 1,282 | 1,306 | 1,148 | 1,082 | ... | |||||
| Sales Of Services | CZK mil | 30.0 | 34.6 | 22.8 | 28.4 | 52.0 | ... |
Get all company financials in excel:
Hervis Sport A Moda, s.r.o. is a Czech Republic-based subsidiary of Austria's Hervis Group. The Company owns and operates retail stores for sporting goods. The Czech subsidiary was incorporated in 1997 and is based in Prague, Czech Republic. Hervis Sport A Moda s.r.o. operates as a subsidiary of SPAR Osterreichische Warenhandels-AG. At the end of 2012, the Group was operating 92 branches in Austria, 16 in Slovenia, 27 in Hungary, 27 in the Czech Republic and 15 and 14 branches in Croatia and Romania.
Hervis Sports Czech Republic has been growing its sales by a year on average in the last 5 years. EBITDA has fallen by 182% during that time to total of CZK -47.8 mil in 2014, or -5.08% of sales. That’s compared to 2.16% average margin seen in last five years.
The company netted CZK -103 mil in 2014 implying ROE of -146% and ROCE of -35.5%. Again, the average figures were -35.9% and -10.9%, respectively when looking at the previous 5 years.
Hervis Sports Czech Republic’s net debt amounted to CZK 223 mil at the end of 2014, or 1,170% of equity. When compared to EBITDA, net debt was -4.67x, up when compared to average of -47.0x seen in the last 5 years.
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