Register

Institutional Sign In

Go
Home » Companies » Telcos & Hi-Tech in Czechia » OKsystem

OKsystem

OKsystem's Cash & Cash Equivalents fell 22.3% yoy to CZK 356 mil in 2016

By Helgi Library - April 2, 2020

OKsystem's total assets reached CZK 434 mil at the end of 2016, down 19.9% compared to the previous year. Current ...

OKsystem's Cash & Cash Equivalents fell 22.3% yoy to CZK 356 mil in 2016

By Helgi Library - April 2, 2020

OKsystem's total assets reached CZK 434 mil at the end of 2016, down 19.9% compared to the previous year. Current ...

Annual Quarterly
Profit Statement 2014 2015 2016
Sales CZK mil 442 482 490
Gross Profit CZK mil 327 377 352
EBITDA CZK mil 70.2 67.3 100
EBIT CZK mil 61.2 56.8 89.0
Financing Cost CZK mil -1.75 -0.431 5.72
Pre-Tax Profit CZK mil 63.0 57.3 83.3
Net Profit CZK mil 50.7 45.4 66.0
Dividends CZK mil 40.0 186 ...
Balance Sheet 2014 2015 2016
Total Assets CZK mil 506 542 434
Non-Current Assets CZK mil 29.6 31.9 33.6
Current Assets CZK mil 474 459 397
Working Capital CZK mil 9.63 44.4 32.4
Shareholders' Equity CZK mil 450 462 343
Liabilities CZK mil 56.0 80.1 91.4
Total Debt CZK mil 0 0 0
Net Debt CZK mil -459 -459 -356
Ratios 2014 2015 2016
ROE % 10.7 9.96 16.4
ROCE % 134 78.6 92.8
Gross Margin % 73.8 78.2 71.9
EBITDA Margin % 15.9 14.0 20.4
EBIT Margin % 13.8 11.8 18.2
Net Margin % 11.5 9.42 13.5
Net Debt/EBITDA -6.54 -6.81 -3.56
Net Debt/Equity % -102 -99.2 -104
Cost of Financing % ... ... ...
Cash Flow 2014 2015 2016
Total Cash From Operations CZK mil 5.22 45.1 95.6
Total Cash From Investing CZK mil -14.6 -12.7 -12.4
Total Cash From Financing CZK mil -101 -33.1 -185
Net Change In Cash CZK mil -110 -0.635 -102
Cash Conversion Cycle days 3.82 33.4 30.2
Cash Earnings CZK mil 59.7 55.9 77.1
Free Cash Flow CZK mil -9.37 32.5 83.2

Get all company financials in excel:

Download Sample   $19.99

summary Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                                                      
Sales CZK mil                                         450 495 273 426 442    
Gross Profit CZK mil                                         336 365 145 300 327    
EBIT CZK mil                                         52.5 78.6 -57.0 53.6 61.2    
Net Profit CZK mil                                         44.4 65.8 -53.1 53.8 50.7    
ROE %                                         10.5 13.7 -11.1 11.4 10.7    
EBIT Margin %                                         11.7 15.9 -20.9 12.6 13.8    
Net Margin %                                         9.86 13.3 -19.4 12.6 11.5    
Employees                                         220 225 201 207 211    
balance sheet                                                      
Total Assets CZK mil                                         495 611 466 609 506    
Non-Current Assets CZK mil                                         28.2 24.4 18.9 23.5 29.6    
Current Assets CZK mil                                         465 586 446 582 474    
Shareholders' Equity CZK mil                                         446 511 447 500 450    
Liabilities CZK mil                                         48.6 100 19.2 110 56.0    
Non-Current Liabilities CZK mil                                         1.68 1.11 0.579 0.481 0.597    
Current Liabilities CZK mil                                         46.2 95.7 16.2 107 50.3    
Net Debt/EBITDA                                         -5.56 -5.60 9.74 -9.11 -6.54    
Net Debt/Equity %                                         -96.6 -102 -96.3 -114 -102    
Cost of Financing % ... ... ... ... ... ... ... ... ... ...         ... ... ... ... ... ... ... ... ... ... ... ... ...
cash flow                                                      
Total Cash From Operations CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 81.2 103 -72.0 153 5.22    
Total Cash From Investing CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -9.28 -10.7 -7.56 -13.2 -14.6    
Total Cash From Financing CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -1.05 -1.42 -11.7 -1.03 -101    
Net Change In Cash CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 70.8 90.6 -91.2 139 -110    
income statement Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
income statement                                                      
Sales CZK mil                                         450 495 273 426 442    
Cost of Goods & Services CZK mil                                         114 129 129 127 116    
Gross Profit CZK mil                                         336 365 145 300 327    
Staff Cost CZK mil                                         254 267 182 233 252    
Other Cost CZK mil                                         4.86 4.88 6.62 4.06 4.99    
EBITDA CZK mil                                         77.6 93.1 -44.2 62.5 70.2    
Depreciation CZK mil                                         25.1 14.5 12.8 8.88 9.00    
EBIT CZK mil                                         52.5 78.6 -57.0 53.6 61.2    
Financing Cost CZK mil                                         -2.60 -2.75 -3.28 -1.36 -1.75    
Extraordinary Cost CZK mil                                         -0.135 -0.073 -0.075 -0.161 -0.110    
Pre-Tax Profit CZK mil                                         55.2 81.4 -53.7 55.1 63.0    
Tax CZK mil                                         10.9 15.6 -0.526 1.27 12.4    
Minorities CZK mil                                         0 0 0 0 0    
Net Profit CZK mil                                         44.4 65.8 -53.1 53.8 50.7    
Dividends CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ...             0 10.5 0 100 40.0   ...
growth rates                                                      
Total Revenue Growth % ...                                       11.3 9.90 -44.7 55.9 3.84    
Operating Cost Growth % ...                                       19.1 5.24 -30.5 25.5 8.20    
EBITDA Growth % ...                                       16.9 20.0 -147 -241 12.3    
EBIT Growth % ...                                       17.9 49.7 -173 -194 14.1    
Pre-Tax Profit Growth % ...                                       14.5 47.4 -166 -203 14.4    
Net Profit Growth % ...                                       15.6 48.2 -181 -201 -5.90    
ratios                                                      
ROE %                                         10.5 13.7 -11.1 11.4 10.7    
ROCE % ...                                       65.0 87.3 -86.2 151 134    
Gross Margin %                                         74.7 73.8 53.0 70.3 73.8    
EBITDA Margin %                                         17.2 18.8 -16.2 14.7 15.9    
EBIT Margin %                                         11.7 15.9 -20.9 12.6 13.8    
Net Margin %                                         9.86 13.3 -19.4 12.6 11.5    
Payout Ratio % ... ... ... ... ... ... ... ... ... ... ... ... ... ...             0 16.0 0 186 79.0   ...
Cost of Financing % ... ... ... ... ... ... ... ... ... ...         ... ... ... ... ... ... ... ... ... ... ... ... ...
Net Debt/EBITDA                                         -5.56 -5.60 9.74 -9.11 -6.54    
balance sheet Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
balance sheet                                                      
Non-Current Assets CZK mil                                         28.2 24.4 18.9 23.5 29.6    
Property, Plant & Equipment CZK mil                                         12.7 11.6 5.88 7.79 10.2    
Intangible Assets CZK mil                                         15.5 12.9 13.0 13.6 14.7    
Current Assets CZK mil                                         465 586 446 582 474    
Inventories CZK mil                                         2.39 2.49 2.35 2.63 3.17    
Receivables CZK mil                                         31.3 61.8 13.3 10.5 11.4    
Cash & Cash Equivalents CZK mil                                         431 522 430 569 459    
Total Assets CZK mil                                         495 611 466 609 506    
Shareholders' Equity CZK mil                                         446 511 447 500 450    
Of Which Minority Interest CZK mil                                         0 0 0 0 0    
Liabilities CZK mil                                         48.6 100 19.2 110 56.0    
Non-Current Liabilities CZK mil                                         1.68 1.11 0.579 0.481 0.597    
Long-Term Debt CZK mil                                         0 0 0 0 0    
Deferred Tax Liabilities CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ...               1.68 1.11 0.579 0.481 0.597    
Current Liabilities CZK mil                                         46.2 95.7 16.2 107 50.3    
Short-Term Debt CZK mil                                         0 0 0 0 0    
Trade Payables CZK mil                                         0 0 0 0 4.94    
Provisions CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 46.2 95.7 16.2 107 5.03    
Equity And Liabilities CZK mil                                         495 611 466 609 506    
growth rates                                                      
Total Asset Growth % ...                                       12.9 23.5 -23.8 30.7 -17.0    
Shareholders' Equity Growth % ...                                       10.9 14.5 -12.6 11.8 -10.0    
Net Debt Growth % ...                                       19.7 21.0 -17.5 32.3 -19.3    
Total Debt Growth % ... ... ... ... ... ... ... ... ... ... ...       ... ... ... ... ... ... ... ... ... ... ... ... ...
ratios                                                      
Total Debt CZK mil                                         0 0 0 0 0    
Net Debt CZK mil                                         -431 -522 -430 -569 -459    
Working Capital CZK mil                                         33.7 64.2 15.6 13.1 9.63    
Capital Employed CZK mil                                         61.9 88.7 34.5 36.6 39.3    
Net Debt/Equity %                                         -96.6 -102 -96.3 -114 -102    
Cost of Financing % ... ... ... ... ... ... ... ... ... ...         ... ... ... ... ... ... ... ... ... ... ... ... ...
cash flow Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
cash flow                                                      
Net Profit CZK mil                                         44.4 65.8 -53.1 53.8 50.7    
Depreciation CZK mil                                         25.1 14.5 12.8 8.88 9.00    
Non-Cash Items CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 11.7 22.5 -31.7 90.3 -54.4    
Change in Working Capital CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -2.91 -30.6 48.6 2.50 -1.43    
Total Cash From Operations CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 81.2 103 -72.0 153 5.22    
Capital Expenditures CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -9.28 -10.7 -7.56 -13.2 -14.6    
Other Investments CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0 0 0 0 0    
Total Cash From Investing CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -9.28 -10.7 -7.56 -13.2 -14.6    
Dividends Paid CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0 0 -10.5 0 -100    
Issuance Of Shares CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0 0 0 0 0    
Issuance Of Debt CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 0 0 0 0 0    
Total Cash From Financing CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... -1.05 -1.42 -11.7 -1.03 -101    
Net Change In Cash CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 70.8 90.6 -91.2 139 -110    
ratios                                                      
Days Sales Outstanding days                                         25.4 45.6 17.7 8.99 9.40    
Days Sales Of Inventory days ...                                       7.65 7.02 6.68 7.60 9.99    
Days Payable Outstanding days ...                                       0 0 0 0 15.6    
Cash Conversion Cycle days ...                                       33.0 52.6 24.4 16.6 3.82    
Cash Earnings CZK mil                                         69.5 80.3 -40.3 62.7 59.7    
Free Cash Flow CZK mil ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 71.9 92.0 -79.5 140 -9.37    
other data Unit 1990 1991 1992 1993 1994 1995 1996 1997 1998 1999 2000 2001 2002 2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016
other data                                                      
ROA %                                         9.51 11.9 -9.86 10.0 9.09    
Gross Margin %                                         74.7 73.8 53.0 70.3 73.8    
Cost Per Employee USD per month                                         5,027 5,595 3,866 4,796 4,649    
Cost Per Employee (Local Currency) CZK per month                                         96,078 98,957 75,612 93,830 99,357    
Staff Cost (As % Of Total Cost) %                                         63.8 64.2 55.2 62.6 66.0    
Effective Tax Rate %                                         19.7 19.2 0.980 2.30 19.6    
Revenues From Abroad (As % Of Total) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ...   ...
Capital Expenditures (As % of Sales) % ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... ... 2.06 2.17 2.76 3.10 3.30    

Get all company financials in excel:

Download Sample   $19.99

OKsystem is a Czech company operating on the information technology market since 1990. It supplies software, technology and services and is a designer and provider of extensive application program systems with multitier architecture and client/server architecture for internet and the intranet. We specialise in the provision of software solutions, including deliveries of technologies and services, which include expert consultations, authorised training and testing of IT technicians, courses accredited for schools and testing of knowledge of IT professionals.

OKsystem Logo

Finance

OKsystem has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 1.47% a year during that time to total of CZK 100 mil in 2016, or 20.4% of sales. That’s compared to 9.75% average margin seen in last five years.

The company netted CZK 66.0 mil in 2016 implying ROE of 16.4% and ROCE of 92.8%. Again, the average figures were 7.46% and 74.0%, respectively when looking at the previous 5 years.

OKsystem’s net debt amounted to CZK -356 mil at the end of 2016, or -104% of equity. When compared to EBITDA, net debt was -3.56x, down when compared to average of -3.26x seen in the last 5 years.

More Companies in Czech Telcos & Hi-Tech Sector

Helgi Library
Eliášova 38, Prague 6, 160 00, Czech Republic
Copyright © 2024 Helgi Library. All rights reserved.