By Helgi Library - April 2, 2020
NORMA Czech Republic's total assets reached CZK 688 mil at the end of 2017, up 12% compared to the previous year. ...
By Helgi Library - April 2, 2020
NORMA Czech Republic's total assets reached CZK 688 mil at the end of 2017, up 12% compared to the previous year. ...
| Profit Statement | 2015 | 2016 | 2017 | |
| Sales | CZK mil | 1,673 | 1,744 | 1,933 |
| Gross Profit | CZK mil | 207 | 227 | 294 |
| EBITDA | CZK mil | 56.1 | 66.7 | 109 |
| EBIT | CZK mil | 39.6 | 48.8 | 87.5 |
| Financing Cost | CZK mil | 2.89 | 2.64 | 0.615 |
| Pre-Tax Profit | CZK mil | 36.7 | 46.2 | 86.8 |
| Net Profit | CZK mil | 29.4 | 37.0 | 70.2 |
| Dividends | CZK mil | 0.100 | 0.100 | ... |
| Balance Sheet | 2015 | 2016 | 2017 | |
| Total Assets | CZK mil | 571 | 614 | 688 |
| Non-Current Assets | CZK mil | 122 | 121 | 125 |
| Current Assets | CZK mil | 444 | 487 | 558 |
| Working Capital | CZK mil | -12.6 | -32.6 | -21.2 |
| Shareholders' Equity | CZK mil | 301 | 338 | 408 |
| Liabilities | CZK mil | 270 | 276 | 280 |
| Total Debt | CZK mil | 0 | 0 | 0 |
| Net Debt | CZK mil | -279 | -316 | -392 |
| Ratios | 2015 | 2016 | 2017 | |
| ROE | % | 10.3 | 11.6 | 18.8 |
| ROCE | % | 36.8 | 37.4 | 72.8 |
| Gross Margin | % | 12.4 | 13.0 | 15.2 |
| EBITDA Margin | % | 3.36 | 3.82 | 5.63 |
| EBIT Margin | % | 2.37 | 2.80 | 4.52 |
| Net Margin | % | 1.76 | 2.12 | 3.63 |
| Net Debt/EBITDA | -4.97 | -4.74 | -3.60 | |
| Net Debt/Equity | % | -92.7 | -93.6 | -96.2 |
| Cost of Financing | % | 524 | ... | ... |
| Cash Flow | 2015 | 2016 | 2017 | |
| Total Cash From Operations | CZK mil | 5.74 | 53.4 | 101 |
| Total Cash From Investing | CZK mil | -16.7 | -16.1 | -25.3 |
| Total Cash From Financing | CZK mil | -0.100 | -0.100 | -0.100 |
| Net Change In Cash | CZK mil | -11.0 | 37.2 | 75.7 |
| Cash Conversion Cycle | days | -4.16 | -8.87 | -5.80 |
| Cash Earnings | CZK mil | 46.0 | 54.9 | 91.6 |
| Free Cash Flow | CZK mil | -10.9 | 37.3 | 75.8 |
Get all company financials in excel:
| summary | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||
| Sales | CZK mil | 1,659 | 1,596 | 1,596 | 1,626 | 1,673 | ||||
| Gross Profit | CZK mil | 169 | 169 | 182 | 201 | 207 | ||||
| EBIT | CZK mil | 15.5 | 7.79 | 22.3 | 37.6 | 39.6 | ||||
| Net Profit | CZK mil | 14.1 | 8.13 | 13.4 | 26.6 | 29.4 | ||||
| ROE | % | 6.49 | 3.57 | 5.61 | 10.3 | 10.3 | ||||
| EBIT Margin | % | 0.931 | 0.488 | 1.40 | 2.31 | 2.37 | ||||
| Net Margin | % | 0.847 | 0.509 | 0.838 | 1.63 | 1.76 | ||||
| Employees | 347 | 347 | 339 | 321 | 332 | |||||
| balance sheet | ||||||||||
| Total Assets | CZK mil | 471 | 468 | 525 | 591 | 571 | ||||
| Non-Current Assets | CZK mil | 98.1 | 90.1 | 120 | 122 | 122 | ||||
| Current Assets | CZK mil | 368 | 372 | 401 | 464 | 444 | ||||
| Shareholders' Equity | CZK mil | 223 | 232 | 245 | 271 | 301 | ||||
| Liabilities | CZK mil | 247 | 237 | 280 | 319 | 270 | ||||
| Non-Current Liabilities | CZK mil | 0.135 | 0.143 | 0.059 | 1.11 | 1.15 | ||||
| Current Liabilities | CZK mil | 235 | 220 | 260 | 291 | 246 | ||||
| Net Debt/EBITDA | -5.82 | -8.83 | -6.42 | -5.24 | -4.97 | |||||
| Net Debt/Equity | % | -94.6 | -97.4 | -95.6 | -106 | -92.7 | ||||
| Cost of Financing | % | ... | -2,138 | -3,147 | 5,765 | 713 | 524 | ... | ... | |
| cash flow | ||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 5.74 | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -16.7 | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | -0.100 | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -11.0 |
| income statement | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| income statement | ||||||||||
| Sales | CZK mil | 1,659 | 1,596 | 1,596 | 1,626 | 1,673 | ||||
| Cost of Goods & Services | CZK mil | 1,490 | 1,427 | 1,414 | 1,426 | 1,466 | ||||
| Gross Profit | CZK mil | 169 | 169 | 182 | 201 | 207 | ||||
| Staff Cost | CZK mil | 137 | 138 | 141 | 150 | 155 | ||||
| Other Cost | CZK mil | -3.65 | 5.23 | 4.19 | -4.24 | -4.24 | ||||
| EBITDA | CZK mil | 36.3 | 25.5 | 36.4 | 55.1 | 56.1 | ||||
| Depreciation | CZK mil | 20.9 | 17.7 | 14.2 | 17.5 | 16.5 | ||||
| EBIT | CZK mil | 15.5 | 7.79 | 22.3 | 37.6 | 39.6 | ||||
| Financing Cost | CZK mil | -2.74 | -4.38 | 5.82 | 4.15 | 2.89 | ||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Pre-Tax Profit | CZK mil | 18.2 | 12.2 | 16.5 | 33.4 | 36.7 | ||||
| Tax | CZK mil | 4.04 | 3.93 | 2.99 | 6.78 | 7.18 | ||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Net Profit | CZK mil | 14.1 | 8.13 | 13.4 | 26.6 | 29.4 | ||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | 0.100 | 0.100 | ... | |
| growth rates | ||||||||||
| Total Revenue Growth | % | ... | 0.200 | -3.82 | 0.019 | 1.91 | 2.87 | |||
| Operating Cost Growth | % | ... | -4.35 | 7.52 | 1.69 | 0.193 | 3.34 | |||
| EBITDA Growth | % | ... | 235 | -29.7 | 42.8 | 51.1 | 1.91 | |||
| EBIT Growth | % | ... | -250 | -49.6 | 186 | 68.7 | 5.35 | |||
| Pre-Tax Profit Growth | % | ... | 468 | -33.1 | 35.3 | 103 | 9.77 | |||
| Net Profit Growth | % | ... | 800 | -42.2 | 64.5 | 98.6 | 10.8 | |||
| ratios | ||||||||||
| ROE | % | 6.49 | 3.57 | 5.61 | 10.3 | 10.3 | ||||
| ROCE | % | ... | 56.5 | 19.1 | 32.6 | 55.5 | 36.8 | |||
| Gross Margin | % | 10.2 | 10.6 | 11.4 | 12.4 | 12.4 | ||||
| EBITDA Margin | % | 2.19 | 1.60 | 2.28 | 3.39 | 3.36 | ||||
| EBIT Margin | % | 0.931 | 0.488 | 1.40 | 2.31 | 2.37 | ||||
| Net Margin | % | 0.847 | 0.509 | 0.838 | 1.63 | 1.76 | ||||
| Payout Ratio | % | ... | ... | ... | ... | ... | 0.377 | 0.340 | ... | |
| Cost of Financing | % | ... | -2,138 | -3,147 | 5,765 | 713 | 524 | ... | ... | |
| Net Debt/EBITDA | -5.82 | -8.83 | -6.42 | -5.24 | -4.97 |
| balance sheet | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| balance sheet | ||||||||||
| Non-Current Assets | CZK mil | 98.1 | 90.1 | 120 | 122 | 122 | ||||
| Property, Plant & Equipment | CZK mil | 96.0 | 89.4 | 119 | 121 | 121 | ||||
| Intangible Assets | CZK mil | 2.06 | 0.684 | 0.250 | 0.871 | 1.01 | ||||
| Current Assets | CZK mil | 368 | 372 | 401 | 464 | 444 | ||||
| Inventories | CZK mil | 122 | 117 | 127 | 135 | 132 | ||||
| Receivables | CZK mil | 14.5 | 9.78 | 11.3 | 9.55 | 33.0 | ||||
| Cash & Cash Equivalents | CZK mil | 211 | 226 | 234 | 290 | 279 | ||||
| Total Assets | CZK mil | 471 | 468 | 525 | 591 | 571 | ||||
| Shareholders' Equity | CZK mil | 223 | 232 | 245 | 271 | 301 | ||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Liabilities | CZK mil | 247 | 237 | 280 | 319 | 270 | ||||
| Non-Current Liabilities | CZK mil | 0.135 | 0.143 | 0.059 | 1.11 | 1.15 | ||||
| Long-Term Debt | CZK mil | 0.135 | 0.143 | 0.059 | 1.11 | 0 | ||||
| Deferred Tax Liabilities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Current Liabilities | CZK mil | 235 | 220 | 260 | 291 | 246 | ||||
| Short-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||
| Trade Payables | CZK mil | 186 | 180 | 213 | 216 | 178 | ||||
| Provisions | CZK mil | 8.68 | 14.7 | 18.7 | 22.8 | 22.2 | ||||
| Equity And Liabilities | CZK mil | 471 | 468 | 525 | 591 | 571 | ||||
| growth rates | ||||||||||
| Total Asset Growth | % | ... | -7.70 | -0.524 | 12.2 | 12.4 | -3.39 | |||
| Shareholders' Equity Growth | % | ... | 6.71 | 3.64 | 5.77 | 10.8 | 10.8 | |||
| Net Debt Growth | % | ... | -7.62 | 6.73 | 3.84 | 23.4 | -3.44 | |||
| Total Debt Growth | % | ... | 11.6 | 5.93 | -58.7 | 1,773 | -100 | ... | ... | |
| ratios | ||||||||||
| Total Debt | CZK mil | 0.135 | 0.143 | 0.059 | 1.11 | 0 | ||||
| Net Debt | CZK mil | -211 | -225 | -234 | -289 | -279 | ||||
| Working Capital | CZK mil | -49.8 | -53.4 | -74.4 | -71.4 | -12.6 | ||||
| Capital Employed | CZK mil | 48.3 | 36.7 | 45.2 | 50.5 | 110 | ||||
| Net Debt/Equity | % | -94.6 | -97.4 | -95.6 | -106 | -92.7 | ||||
| Cost of Financing | % | ... | -2,138 | -3,147 | 5,765 | 713 | 524 | ... | ... |
| cash flow | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| cash flow | ||||||||||
| Net Profit | CZK mil | 14.1 | 8.13 | 13.4 | 26.6 | 29.4 | ||||
| Depreciation | CZK mil | 20.9 | 17.7 | 14.2 | 17.5 | 16.5 | ||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | 18.6 | ||
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | -58.8 | ||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | 5.74 | ||
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | -17.8 | ||
| Other Investments | CZK mil | ... | ... | ... | ... | ... | ... | 1.09 | ||
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | -16.7 | ||
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | -0.100 | ||
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | 0 | ||
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | -1.11 | ||
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | -0.100 | ||
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | -11.0 | ||
| ratios | ||||||||||
| Days Sales Outstanding | days | 3.19 | 2.24 | 2.57 | 2.14 | 7.21 | ||||
| Days Sales Of Inventory | days | 29.8 | 30.0 | 32.8 | 34.7 | 32.8 | ||||
| Days Payable Outstanding | days | 45.6 | 46.1 | 54.9 | 55.4 | 44.2 | ||||
| Cash Conversion Cycle | days | -12.6 | -13.9 | -19.5 | -18.6 | -4.16 | ||||
| Cash Earnings | CZK mil | 34.9 | 25.9 | 27.5 | 44.1 | 46.0 | ||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | -10.9 |
| other data | Unit | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 | 2017 |
| other data | ||||||||||
| ROA | % | 2.87 | 1.73 | 2.69 | 4.76 | 5.07 | ||||
| Gross Margin | % | 10.2 | 10.6 | 11.4 | 12.4 | 12.4 | ||||
| Employees | 347 | 347 | 339 | 321 | 332 | |||||
| Cost Per Employee | USD per month | 1,857 | 1,693 | 1,776 | 1,823 | 1,629 | ||||
| Cost Per Employee (Local Currency) | CZK per month | 32,842 | 33,112 | 34,746 | 38,956 | 38,886 | ||||
| Staff Cost (As % Of Total Cost) | % | 8.32 | 8.68 | 8.98 | 9.44 | 9.48 | ||||
| Effective Tax Rate | % | 22.2 | 32.3 | 18.1 | 20.3 | 19.6 | ||||
| Domestic Sales | CZK mil | 1,557 | 1,537 | 1,548 | 1,584 | ... | ... | ... | ||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | 1.06 | ||
| Revenues From Abroad | CZK mil | 104 | 60.7 | 49.7 | 44.7 | ... | ... | ... | ||
| Revenues From Abroad (As % Of Total) | % | 6.29 | 3.80 | 3.11 | 2.75 | ... | ... | ... |
Get all company financials in excel:
NORMA, k.s. is a Czech Republic-based retailer of food, dairy products, meat products, frozen food, wine, fish, alcoholic, and non-alcoholic beverages through grocery stores. The Company was incorporated in 1992 and is based in Prague, Czech Republic.
NORMA Czech Republic has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 33.7% a year during that time to total of CZK 109 mil in 2017, or 5.63% of sales. That’s compared to 3.70% average margin seen in last five years.
The company netted CZK 70.2 mil in 2017 implying ROE of 18.8% and ROCE of 72.8%. Again, the average figures were 11.3% and 47.0%, respectively when looking at the previous 5 years.
NORMA Czech Republic’s net debt amounted to CZK -392 mil at the end of 2017, or -96.2% of equity. When compared to EBITDA, net debt was -3.60x, up when compared to average of -5.00x seen in the last 5 years.
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