By Helgi Library - September 17, 2020
Isolit-Bravo employed 419 employees in 2019, down 10.9% compared to the previous year. Historically, between 1999 and 2...
By Helgi Library - September 17, 2020
Isolit-Bravo employed 419 employees in 2019, down 10.9% compared to the previous year. Historically, between 1999 and 2...
By Helgi Library - September 17, 2020
Isolit-Bravo made a net profit of CZK 106 mil in 2019, up 2.22% compared to the previous year. Total sales reached CZK 846 mil, ...
| Profit Statement | 2017 | 2018 | 2019 | |
| Sales | CZK mil | 1,061 | 928 | 846 |
| Gross Profit | CZK mil | 480 | 549 | 474 |
| EBITDA | CZK mil | 242 | 185 | 221 |
| EBIT | CZK mil | 171 | 105 | 147 |
| Financing Cost | CZK mil | ... | 0 | 0 |
| Pre-Tax Profit | CZK mil | 133 | 118 | 126 |
| Net Profit | CZK mil | 99.4 | 104 | 106 |
| Dividends | CZK mil | 0.500 | 59.0 | ... |
| Balance Sheet | 2017 | 2018 | 2019 | |
| Total Assets | CZK mil | 1,417 | 1,435 | 1,441 |
| Non-Current Assets | CZK mil | 435 | 375 | 324 |
| Current Assets | CZK mil | 980 | 1,057 | 1,114 |
| Working Capital | CZK mil | 281 | 344 | 359 |
| Shareholders' Equity | CZK mil | 949 | 1,052 | 1,099 |
| Liabilities | CZK mil | 468 | 384 | 342 |
| Total Debt | CZK mil | 0 | 0 | 0 |
| Net Debt | CZK mil | -630 | -691 | -721 |
| Ratios | 2017 | 2018 | 2019 | |
| ROE | % | 8.65 | 10.4 | 9.88 |
| ROCE | % | 13.1 | 14.5 | 15.2 |
| Gross Margin | % | 45.2 | 59.2 | 56.0 |
| EBITDA Margin | % | 22.8 | 20.0 | 26.1 |
| EBIT Margin | % | 16.1 | 11.3 | 17.4 |
| Net Margin | % | 9.36 | 11.2 | 12.6 |
| Net Debt/EBITDA | -2.60 | -3.73 | -3.27 | |
| Net Debt/Equity | % | -66.4 | -65.7 | -65.6 |
| Cash Flow | 2017 | 2018 | 2019 | |
| Total Cash From Operations | CZK mil | 224 | 115 | 110 |
| Total Cash From Investing | CZK mil | -21.0 | -54.1 | -22.3 |
| Total Cash From Financing | CZK mil | -501 | -0.600 | -58.8 |
| Net Change In Cash | CZK mil | -297 | 60.5 | 29.1 |
| Cash Conversion Cycle | days | 127 | 225 | 234 |
| Cash Earnings | CZK mil | 171 | 184 | 180 |
| Free Cash Flow | CZK mil | 203 | 61.1 | 87.9 |
Get all company financials in excel:
| overview | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||
| Sales | CZK mil | 919 | 1,146 | 1,203 | 1,130 | 1,061 | ||||||||||||||||
| Gross Profit | CZK mil | 373 | 447 | 477 | 479 | 480 | ||||||||||||||||
| EBIT | CZK mil | 156 | 91.2 | 127 | 129 | 171 | ||||||||||||||||
| Net Profit | CZK mil | 110 | 98.4 | 107 | 104 | 99.4 | ||||||||||||||||
| ROE | % | 9.73 | 8.07 | 8.18 | 7.69 | 8.65 | ||||||||||||||||
| EBIT Margin | % | 17.0 | 7.96 | 10.6 | 11.4 | 16.1 | ||||||||||||||||
| Net Margin | % | 11.9 | 8.59 | 8.91 | 9.21 | 9.36 | ||||||||||||||||
| Employees | 436 | 514 | 640 | 574 | 507 | |||||||||||||||||
| balance sheet | ||||||||||||||||||||||
| Total Assets | CZK mil | 1,559 | 1,707 | 1,860 | 1,754 | 1,417 | ||||||||||||||||
| Non-Current Assets | CZK mil | 217 | 319 | 880 | 438 | 435 | ||||||||||||||||
| Current Assets | CZK mil | 1,340 | 1,386 | 977 | 1,314 | 980 | ||||||||||||||||
| Shareholders' Equity | CZK mil | 1,177 | 1,263 | 1,359 | 1,349 | 949 | ||||||||||||||||
| Liabilities | CZK mil | 382 | 444 | 501 | 405 | 468 | ||||||||||||||||
| Non-Current Liabilities | CZK mil | 10.2 | 17.1 | 21.9 | 28.6 | 37.9 | ||||||||||||||||
| Current Liabilities | CZK mil | 129 | 102 | 125 | 64.8 | 129 | ||||||||||||||||
| Net Debt/EBITDA | -4.67 | -6.85 | -4.77 | -4.61 | -2.60 | |||||||||||||||||
| Net Debt/Equity | % | -74.1 | -72.2 | -63.7 | -68.7 | -66.4 | ||||||||||||||||
| cash flow | ||||||||||||||||||||||
| Total Cash From Operations | CZK mil | ... | 156 | 148 | -337 | 189 | 224 | |||||||||||||||
| Total Cash From Investing | CZK mil | ... | -57.4 | -104 | -104 | 391 | -21.0 | |||||||||||||||
| Total Cash From Financing | CZK mil | ... | -12.5 | -12.5 | -12.5 | -115 | -501 | |||||||||||||||
| Net Change In Cash | CZK mil | ... | 86.1 | 31.2 | -454 | 465 | -297 |
| income statement | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| income statement | ||||||||||||||||||||||
| Sales | CZK mil | 919 | 1,146 | 1,203 | 1,130 | 1,061 | ||||||||||||||||
| Cost of Goods & Services | CZK mil | 545 | 699 | 727 | 651 | 582 | ||||||||||||||||
| Gross Profit | CZK mil | 373 | 447 | 477 | 479 | 480 | ||||||||||||||||
| Staff Cost | CZK mil | 169 | 209 | 250 | 267 | 252 | ||||||||||||||||
| Other Operating Cost (Income) | CZK mil | 18.2 | 105 | 45.8 | 11.0 | -14.9 | ||||||||||||||||
| EBITDA | CZK mil | 186 | 133 | 181 | 201 | 242 | ||||||||||||||||
| Depreciation | CZK mil | 30.4 | 41.9 | 54.1 | 71.9 | 71.6 | ||||||||||||||||
| EBIT | CZK mil | 156 | 91.2 | 127 | 129 | 171 | ||||||||||||||||
| Net Financing Cost | CZK mil | -3.06 | -66.0 | -5.60 | 0.267 | 38.1 | ||||||||||||||||
| Financing Cost | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Financing Income | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Extraordinary Cost | CZK mil | 0.272 | 0.479 | 0 | 0 | 0 | ||||||||||||||||
| Pre-Tax Profit | CZK mil | 159 | 157 | 133 | 129 | 133 | ||||||||||||||||
| Tax | CZK mil | 49.2 | 58.4 | 25.7 | 24.9 | 33.4 | ||||||||||||||||
| Net Profit | CZK mil | 110 | 98.4 | 107 | 104 | 99.4 | ||||||||||||||||
| Net Profit Avail. to Common | CZK mil | 110 | 98.4 | 107 | 104 | 99.4 | ||||||||||||||||
| Dividends | CZK mil | 12.5 | 12.5 | 116 | 501 | 0.500 | ... | |||||||||||||||
| growth rates | ||||||||||||||||||||||
| Total Revenue Growth | % | ... | 21.1 | 24.7 | 5.00 | -6.10 | -6.05 | |||||||||||||||
| Staff Cost Growth | % | ... | 7.70 | 24.0 | 19.3 | 7.09 | -5.64 | |||||||||||||||
| EBITDA Growth | % | ... | 14.2 | -28.6 | 36.2 | 10.8 | 20.5 | |||||||||||||||
| EBIT Growth | % | ... | 15.4 | -41.6 | 39.6 | 1.46 | 32.2 | |||||||||||||||
| Pre-Tax Profit Growth | % | ... | 19.1 | -1.32 | -15.2 | -3.02 | 2.95 | |||||||||||||||
| Net Profit Growth | % | ... | 1.30 | -10.3 | 9.00 | -2.98 | -4.53 | |||||||||||||||
| ratios | ||||||||||||||||||||||
| ROE | % | 9.73 | 8.07 | 8.18 | 7.69 | 8.65 | ||||||||||||||||
| ROA | % | 7.70 | 6.03 | 6.01 | 5.76 | 6.27 | ||||||||||||||||
| ROCE | % | 21.3 | 15.2 | 10.8 | 10.0 | 13.1 | ||||||||||||||||
| Gross Margin | % | 40.6 | 39.0 | 39.6 | 42.4 | 45.2 | ||||||||||||||||
| EBITDA Margin | % | 20.3 | 11.6 | 15.1 | 17.8 | 22.8 | ||||||||||||||||
| EBIT Margin | % | 17.0 | 7.96 | 10.6 | 11.4 | 16.1 | ||||||||||||||||
| Net Margin | % | 11.9 | 8.59 | 8.91 | 9.21 | 9.36 | ||||||||||||||||
| Payout Ratio | % | 11.4 | 12.7 | 108 | 481 | 0.503 | ... | |||||||||||||||
| Net Debt/EBITDA | -4.67 | -6.85 | -4.77 | -4.61 | -2.60 |
| balance sheet | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| balance sheet | ||||||||||||||||||||||
| Cash & Cash Equivalents | CZK mil | 876 | 907 | 453 | 917 | 620 | ||||||||||||||||
| Receivables | CZK mil | 238 | 233 | 259 | 197 | 172 | ||||||||||||||||
| Inventories | CZK mil | 207 | 222 | 224 | 200 | 188 | ||||||||||||||||
| Other ST Assets | CZK mil | 19.1 | 23.6 | 42.0 | 0 | 0 | ||||||||||||||||
| Current Assets | CZK mil | 1,340 | 1,386 | 977 | 1,314 | 980 | ||||||||||||||||
| Property, Plant & Equipment | CZK mil | 211 | 313 | 464 | 426 | 423 | ||||||||||||||||
| LT Investments & Receivables | CZK mil | 5.45 | 5.64 | 417 | 9.74 | 9.96 | ||||||||||||||||
| Intangible Assets | CZK mil | 0.360 | 0.222 | 0.108 | 2.15 | 1.42 | ||||||||||||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| Non-Current Assets | CZK mil | 217 | 319 | 880 | 438 | 435 | ||||||||||||||||
| Total Assets | CZK mil | 1,559 | 1,707 | 1,860 | 1,754 | 1,417 | ||||||||||||||||
| Trade Payables | CZK mil | 77.6 | 65.3 | 90.1 | 37.1 | 79.2 | ||||||||||||||||
| Short-Term Debt | CZK mil | 9.56 | 0.602 | 3.37 | 0 | 0 | ||||||||||||||||
| Other ST Liabilities | CZK mil | 42.1 | 35.8 | 31.6 | 27.7 | 49.9 | ||||||||||||||||
| Current Liabilities | CZK mil | 129 | 102 | 125 | 64.8 | 129 | ||||||||||||||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| Other LT Liabilities | CZK mil | 10.2 | 17.1 | 21.9 | 28.6 | 37.9 | ||||||||||||||||
| Non-Current Liabilities | CZK mil | 10.2 | 17.1 | 21.9 | 28.6 | 37.9 | ||||||||||||||||
| Liabilities | CZK mil | 382 | 444 | 501 | 405 | 468 | ||||||||||||||||
| Equity Before Minority Interest | CZK mil | 1,177 | 1,263 | 1,359 | 1,349 | 949 | ||||||||||||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||||||||||||
| Equity | CZK mil | 1,177 | 1,263 | 1,359 | 1,349 | 949 | ||||||||||||||||
| growth rates | ||||||||||||||||||||||
| Total Asset Growth | % | ... | 20.7 | 9.49 | 9.02 | -5.71 | -19.2 | |||||||||||||||
| Shareholders' Equity Growth | % | ... | 9.14 | 7.34 | 7.61 | -0.727 | -29.7 | |||||||||||||||
| Net Debt Growth | % | ... | 9.77 | 4.63 | -5.03 | 7.01 | -32.1 | |||||||||||||||
| Total Debt Growth | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -93.7 | 460 | -100 | ... | ... | ... |
| ratios | ||||||||||||||||||||||
| Total Debt | CZK mil | 9.56 | 0.602 | 3.37 | 0 | 0 | ||||||||||||||||
| Net Debt | CZK mil | -872 | -912 | -866 | -927 | -630 | ||||||||||||||||
| Working Capital | CZK mil | 368 | 390 | 392 | 360 | 281 | ||||||||||||||||
| Capital Employed | CZK mil | 584 | 709 | 1,273 | 798 | 716 | ||||||||||||||||
| Net Debt/Equity | % | -74.1 | -72.2 | -63.7 | -68.7 | -66.4 | ||||||||||||||||
| Current Ratio | 10.4 | 13.6 | 7.81 | 20.3 | 7.59 | |||||||||||||||||
| Quick Ratio | 8.62 | 11.2 | 5.69 | 17.2 | 6.13 |
| cash flow | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| cash flow | ||||||||||||||||||||||
| Net Profit | CZK mil | 110 | 98.4 | 107 | 104 | 99.4 | ||||||||||||||||
| Depreciation | CZK mil | 30.4 | 41.9 | 54.1 | 71.9 | 71.6 | ||||||||||||||||
| Non-Cash Items | CZK mil | ... | 90.4 | 29.8 | -496 | -19.2 | -26.0 | |||||||||||||||
| Change in Working Capital | CZK mil | ... | -74.5 | -22.3 | -2.43 | 32.2 | 79.2 | |||||||||||||||
| Total Cash From Operations | CZK mil | ... | 156 | 148 | -337 | 189 | 224 | |||||||||||||||
| Capital Expenditures | CZK mil | ... | -57.4 | -104 | -104 | 389 | -21.1 | |||||||||||||||
| Total Cash From Investing | CZK mil | ... | -57.4 | -104 | -104 | 391 | -21.0 | |||||||||||||||
| Dividends Paid | CZK mil | ... | -12.5 | -12.5 | -12.5 | -116 | -501 | |||||||||||||||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Issuance Of Debt | CZK mil | ... | 9.56 | -8.96 | 2.77 | -3.37 | 0 | |||||||||||||||
| Other Financing Activities | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | ||
| Total Cash From Financing | CZK mil | ... | -12.5 | -12.5 | -12.5 | -115 | -501 | |||||||||||||||
| Net Change In Cash | CZK mil | ... | 86.1 | 31.2 | -454 | 465 | -297 | |||||||||||||||
| ratios | ||||||||||||||||||||||
| Days Sales Outstanding | days | 94.7 | 74.2 | 78.5 | 63.6 | 59.2 | ||||||||||||||||
| Days Sales Of Inventory | days | 139 | 116 | 112 | 112 | 118 | ||||||||||||||||
| Days Payable Outstanding | days | 51.9 | 34.1 | 45.3 | 20.8 | 49.7 | ||||||||||||||||
| Cash Conversion Cycle | days | 181 | 156 | 146 | 155 | 127 | ||||||||||||||||
| Cash Earnings | CZK mil | 140 | 140 | 161 | 176 | 171 | ||||||||||||||||
| Free Cash Flow | CZK mil | ... | 98.6 | 43.7 | -441 | 580 | 203 | |||||||||||||||
| Capital Expenditures (As % of Sales) | % | ... | 6.24 | 9.08 | 8.65 | -34.4 | 1.98 |
| other ratios | Unit | 1999 | 2000 | 2001 | 2002 | 2003 | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 |
| Employees | 436 | 514 | 640 | 574 | 507 | |||||||||||||||||
| Cost Per Employee | USD per month | 1,648 | 1,587 | 1,361 | 1,537 | 1,766 | ||||||||||||||||
| Cost Per Employee (Local Currency) | CZK per month | 32,235 | 33,914 | 32,488 | 38,793 | 41,442 | ||||||||||||||||
| Staff Cost (As % of Sales) | % | 18.4 | 18.3 | 20.7 | 23.6 | 23.8 | ||||||||||||||||
| Effective Tax Rate | % | 31.0 | 37.2 | 19.3 | 19.3 | 25.1 | ||||||||||||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | -5.61 | 5.14 | 6.88 | 9.77 | 6.95 | |||||||||||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... | -1.82 | 1.57 | 1.40 | -1.11 | -3.26 | ||||||
| Sales of Products from Plastics | CZK mil | 615 | 784 | 821 | ... | ... | ... | ... | ||||||||||||||
| Sales of Products from Devices | CZK mil | 110 | 161 | 183 | ... | ... | ... | ... | ||||||||||||||
| Sales Assembly & Kitchen Appliances | CZK mil | 146 | 152 | 147 | ... | ... | ... | ... | ||||||||||||||
| Plastics (As % of Sales) | CZK mil | 0.669 | 0.684 | 0.683 | ... | ... | ... | ... | ||||||||||||||
| Devices (As % of Sales) | CZK mil | 0.120 | 0.140 | 0.152 | ... | ... | ... | ... | ||||||||||||||
| Assembly & Kitchen Appliances (As % of Sales) | CZK mil | 0.159 | 0.133 | 0.122 | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - September 17, 2020
Isolit-Bravo made a net profit of CZK 106 mil in 2019, up 2.22% compared to the previous year. Total sales reached CZK 846 mil, which is down 8.8% when compared to the previous year. Historically, between 1999 and 2019, the company’s net profit rea...
By Helgi Library - September 17, 2020
Isolit-Bravo made a net profit of CZK 106 mil in 2019, up 2.22% compared to the previous year. Historically, between 1999 and 2019, the company's net profit reached a high of CZK 168 mil in 2003 and a low of CZK 39.5 mil in 1999. The result implies a retu...
By Helgi Library - September 17, 2020
Isolit-Bravo made a net profit of CZK 106 mil in 2019, up 2.22% compared to the previous year. Historically, between 1999 and 2019, the company's net profit reached a high of CZK 168 mil in 2003 and a low of CZK 39.5 mil in 1999. The result implies a retu...
By Helgi Library - September 17, 2020
Isolit-Bravo's operating cash flow stood at CZK 110 mil in 2019, down 4.4% when compared to the previous year. Historically, between 2000 - 2019, the firm’s operating cash flow reached a high of CZK 240 mil in 2008 and a low of CZK -337 mil in 2015...
By Helgi Library - September 17, 2020
Isolit-Bravo's operating cash flow stood at CZK 110 mil in 2019, down 4.4% when compared to the previous year. Historically, between 2000 - 2019, the firm’s operating cash flow reached a high of CZK 240 mil in 2008 and a low of CZK -337 mil in 2015...
By Helgi Library - September 17, 2020
Isolit-Bravo's total assets reached CZK 1,441 mil at the end of 2019, up 0.412% compared to the previous year. Current assets amounted to CZK 1,114 mil, or 77.3% of total assets while cash stood at CZK 709 mil at the end of 2019. ...
By Helgi Library - September 17, 2020
Isolit-Bravo's total assets reached CZK 1,441 mil at the end of 2019, up 0.412% compared to the previous year. Current assets amounted to CZK 1,114 mil, or 77.3% of total assets while cash stood at CZK 709 mil at the end of 2019. ...
By Helgi Library - September 17, 2020
Isolit-Bravo invested a total of CZK 23.3 mil in 2019, down 61.9% compared to the previous year. Historically, between 2000 - 2019, the company's investments stood at a high of CZK 104 mil in 2014 and a low of CZK -389 mil in 2016. As...
By Helgi Library - September 17, 2020
Isolit-Bravo invested a total of CZK 23.3 mil in 2019, down 61.9% compared to the previous year. Historically, between 2000 - 2019, the company's investments stood at a high of CZK 104 mil in 2014 and a low of CZK -389 mil in 2016. As...
By Helgi Library - September 17, 2020
Isolit-Bravo's net debt stood at CZK -721 mil and accounted for -65.6% of equity at the end of 2019. The ratio is up 0.156 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of -32.9% in 2000 and a low of...
Isolit-Bravo, s.r.o. is a Czech Republic-based supplier to a number of multinational companies in the automotive industry. The Company is also a producer of health care instruments and home appliances. Isolit-Bravo also manufactures and sells its own range of products under the brand BRAVO. Company Isolit was founded in 1921 as a moulding shop of bakelite producing telephone sets. After the WWII, Isolit earned reputation of one of the best suppliers of bakelite parts in Central Europe. In 1991, the first fryer was produced and division of kitchen appliances was set up. Two years later, the Company was privatized and Isolit-Bravo as we know it today was founded.
Isolit-Bravo has been growing its sales by -5.88% a year on average in the last 5 years. EBITDA has grown on average by 10.6% a year during that time to total of CZK 221 mil in 2019, or 26.1% of sales. That’s compared to 20.3% average margin seen in last five years.
The company netted CZK 106 mil in 2019 implying ROE of 9.88% and ROCE of 15.2%. Again, the average figures were 8.96% and 12.7%, respectively when looking at the previous 5 years.
Isolit-Bravo’s net debt amounted to CZK -721 mil at the end of 2019, or -65.6% of equity. When compared to EBITDA, net debt was -3.27x, up when compared to average of -3.80x seen in the last 5 years.
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