By Helgi Library - April 2, 2020
Pivovar Holba's total assets reached CZK 417 mil at the end of 2016, down 4.72% compared to the previous year. Cur...
By Helgi Library - April 2, 2020
Pivovar Holba's total assets reached CZK 417 mil at the end of 2016, down 4.72% compared to the previous year. Cur...
| Profit Statement | 2014 | 2015 | 2016 | |
| Sales | CZK mil | 467 | 480 | 487 |
| Gross Profit | CZK mil | 102 | 105 | 90.5 |
| EBITDA | CZK mil | 33.5 | 35.7 | 23.4 |
| EBIT | CZK mil | 3.97 | 4.76 | -9.18 |
| Financing Cost | CZK mil | 3.11 | -0.397 | 0.106 |
| Pre-Tax Profit | CZK mil | 0.858 | 5.16 | -9.28 |
| Net Profit | CZK mil | 0.512 | 5.81 | -14.2 |
| Dividends | CZK mil | ... | 0 | ... |
| Balance Sheet | 2014 | 2015 | 2016 | |
| Total Assets | CZK mil | 450 | 437 | 417 |
| Non-Current Assets | CZK mil | 223 | 263 | 260 |
| Current Assets | CZK mil | 155 | 110 | 86.4 |
| Working Capital | CZK mil | 72.0 | 52.5 | 37.2 |
| Shareholders' Equity | CZK mil | 309 | 315 | 210 |
| Liabilities | CZK mil | 141 | 123 | 207 |
| Total Debt | CZK mil | 30.0 | 11.7 | 3.88 |
| Net Debt | CZK mil | 16.9 | 3.39 | 0.178 |
| Ratios | 2014 | 2015 | 2016 | |
| ROE | % | 0.167 | 1.86 | -5.40 |
| ROCE | % | 0.167 | 1.90 | -4.63 |
| Gross Margin | % | 21.9 | 21.8 | 18.6 |
| EBITDA Margin | % | 7.16 | 7.43 | 4.80 |
| EBIT Margin | % | 0.850 | 0.992 | -1.89 |
| Net Margin | % | 0.110 | 1.21 | -2.91 |
| Net Debt/EBITDA | 0.506 | 0.095 | 0.008 | |
| Net Debt/Equity | % | 5.49 | 1.08 | 0.085 |
| Cost of Financing | % | 20.8 | -1.90 | 1.36 |
| Cash Flow | 2014 | 2015 | 2016 | |
| Total Cash From Operations | CZK mil | ... | ... | 23.9 |
| Total Cash From Investing | CZK mil | ... | ... | -29.1 |
| Total Cash From Financing | CZK mil | ... | ... | 0.550 |
| Net Change In Cash | CZK mil | ... | ... | -4.63 |
| Cash Conversion Cycle | days | 49.0 | 36.9 | 25.8 |
| Cash Earnings | CZK mil | 30.0 | 36.7 | 18.4 |
| Free Cash Flow | CZK mil | ... | ... | -5.18 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | |||||||||||
| Sales | CZK mil | 404 | 469 | 468 | 461 | 467 | |||||
| Gross Profit | CZK mil | 108 | 113 | 125 | 126 | 102 | |||||
| EBIT | CZK mil | 12.4 | 25.7 | 36.6 | 25.9 | 3.97 | |||||
| Net Profit | CZK mil | 8.24 | 21.1 | 28.6 | 18.8 | 0.512 | |||||
| ROE | % | 3.10 | 7.54 | 9.77 | 6.29 | 0.167 | |||||
| EBIT Margin | % | 3.06 | 5.47 | 7.82 | 5.61 | 0.850 | |||||
| Net Margin | % | 2.04 | 4.51 | 6.11 | 4.08 | 0.110 | |||||
| Employees | 158 | 160 | 158 | 160 | 151 | ||||||
| balance sheet | |||||||||||
| Total Assets | CZK mil | 433 | 478 | 398 | 401 | 450 | |||||
| Non-Current Assets | CZK mil | 230 | 248 | 230 | 233 | 223 | |||||
| Current Assets | CZK mil | 163 | 177 | 122 | 124 | 155 | |||||
| Shareholders' Equity | CZK mil | 270 | 291 | 294 | 304 | 309 | |||||
| Liabilities | CZK mil | 163 | 188 | 104 | 97.0 | 141 | |||||
| Non-Current Liabilities | CZK mil | 6.23 | 6.00 | 7.35 | 12.6 | 13.2 | |||||
| Current Liabilities | CZK mil | 138 | 175 | 96.3 | 84.3 | 126 | |||||
| Net Debt/EBITDA | -0.566 | -0.330 | -0.120 | -0.171 | 0.506 | ||||||
| Net Debt/Equity | % | -9.75 | -6.71 | -2.77 | -3.15 | 5.49 | |||||
| Cost of Financing | % | ... | 13.1 | ... | -1.96 | -4.71 | 20.8 | ||||
| cash flow | |||||||||||
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| income statement | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | |||||||||||
| Sales | CZK mil | 404 | 469 | 468 | 461 | 467 | |||||
| Cost of Goods & Services | CZK mil | 296 | 356 | 343 | 335 | 365 | |||||
| Gross Profit | CZK mil | 108 | 113 | 125 | 126 | 102 | |||||
| Staff Cost | CZK mil | 58.0 | 60.9 | 61.2 | 63.5 | 63.3 | |||||
| Other Cost | CZK mil | 3.49 | -6.57 | -4.54 | 6.37 | 5.65 | |||||
| EBITDA | CZK mil | 46.5 | 59.1 | 68.1 | 56.1 | 33.5 | |||||
| Depreciation | CZK mil | 34.2 | 33.4 | 31.5 | 30.2 | 29.5 | |||||
| EBIT | CZK mil | 12.4 | 25.7 | 36.6 | 25.9 | 3.97 | |||||
| Financing Cost | CZK mil | 0.328 | -0.506 | -0.147 | -0.353 | 3.11 | |||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | CZK mil | 12.0 | 26.2 | 36.7 | 26.2 | 0.858 | |||||
| Tax | CZK mil | 3.79 | 5.04 | 8.16 | 7.40 | 0.346 | |||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Net Profit | CZK mil | 8.24 | 21.1 | 28.6 | 18.8 | 0.512 | |||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| growth rates | |||||||||||
| Total Revenue Growth | % | ... | -8.21 | 16.2 | -0.309 | -1.53 | 1.46 | ||||
| Operating Cost Growth | % | ... | -9.49 | -11.6 | 4.30 | 23.2 | -1.34 | ||||
| EBITDA Growth | % | ... | -36.3 | 27.1 | 15.3 | -17.7 | -40.3 | ||||
| EBIT Growth | % | ... | 59.6 | 108 | 42.5 | -29.3 | -84.6 | ||||
| Pre-Tax Profit Growth | % | ... | 151 | 118 | 40.3 | -28.7 | -96.7 | ||||
| Net Profit Growth | % | ... | 132 | 157 | 35.2 | -34.2 | -97.3 | ||||
| ratios | |||||||||||
| ROE | % | 3.10 | 7.54 | 9.77 | 6.29 | 0.167 | |||||
| ROCE | % | ... | 2.40 | 6.00 | 8.63 | 6.14 | 0.167 | ||||
| Gross Margin | % | 26.8 | 24.2 | 26.7 | 27.3 | 21.9 | |||||
| EBITDA Margin | % | 11.5 | 12.6 | 14.6 | 12.2 | 7.16 | |||||
| EBIT Margin | % | 3.06 | 5.47 | 7.82 | 5.61 | 0.850 | |||||
| Net Margin | % | 2.04 | 4.51 | 6.11 | 4.08 | 0.110 | |||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Cost of Financing | % | ... | 13.1 | ... | -1.96 | -4.71 | 20.8 | ||||
| Net Debt/EBITDA | -0.566 | -0.330 | -0.120 | -0.171 | 0.506 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| balance sheet | |||||||||||
| Non-Current Assets | CZK mil | 230 | 248 | 230 | 233 | 223 | |||||
| Property, Plant & Equipment | CZK mil | 173 | 194 | 196 | 189 | 203 | |||||
| Intangible Assets | CZK mil | 0.235 | 0.212 | 0.172 | 0.124 | 0.093 | |||||
| Current Assets | CZK mil | 163 | 177 | 122 | 124 | 155 | |||||
| Inventories | CZK mil | 30.2 | 28.9 | 30.6 | 34.2 | 32.5 | |||||
| Receivables | CZK mil | 107 | 127 | 68.7 | 80.7 | 105 | |||||
| Cash & Cash Equivalents | CZK mil | 26.3 | 19.5 | 23.1 | 9.57 | 13.1 | |||||
| Total Assets | CZK mil | 433 | 478 | 398 | 401 | 450 | |||||
| Shareholders' Equity | CZK mil | 270 | 291 | 294 | 304 | 309 | |||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Liabilities | CZK mil | 163 | 188 | 104 | 97.0 | 141 | |||||
| Non-Current Liabilities | CZK mil | 6.23 | 6.00 | 7.35 | 12.6 | 13.2 | |||||
| Long-Term Debt | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Deferred Tax Liabilities | CZK mil | 6.23 | 6.00 | 7.33 | 12.6 | 13.2 | |||||
| Current Liabilities | CZK mil | 138 | 175 | 96.3 | 84.3 | 126 | |||||
| Short-Term Debt | CZK mil | 0 | 0 | 15.0 | 0 | 30.0 | |||||
| Trade Payables | CZK mil | 27.6 | 38.0 | 33.7 | 31.0 | 65.5 | |||||
| Provisions | CZK mil | 17.4 | 6.38 | 0 | 0 | 0 | |||||
| Equity And Liabilities | CZK mil | 433 | 478 | 398 | 401 | 450 | |||||
| growth rates | |||||||||||
| Total Asset Growth | % | ... | 3.85 | 10.5 | -16.9 | 0.902 | 12.2 | ||||
| Shareholders' Equity Growth | % | ... | 3.15 | 7.84 | 1.06 | 3.55 | 1.45 | ||||
| Net Debt Growth | % | ... | 351 | -25.8 | -58.3 | 17.5 | -277 | ||||
| Total Debt Growth | % | ... | -100 | ... | ... | -100 | ... | ||||
| ratios | |||||||||||
| Total Debt | CZK mil | 0 | 0 | 15.0 | 0 | 30.0 | |||||
| Net Debt | CZK mil | -26.3 | -19.5 | -8.15 | -9.57 | 16.9 | |||||
| Working Capital | CZK mil | 109 | 118 | 65.6 | 84.0 | 72.0 | |||||
| Capital Employed | CZK mil | 339 | 366 | 296 | 317 | 295 | |||||
| Net Debt/Equity | % | -9.75 | -6.71 | -2.77 | -3.15 | 5.49 | |||||
| Cost of Financing | % | ... | 13.1 | ... | -1.96 | -4.71 | 20.8 |
| cash flow | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| cash flow | |||||||||||
| Net Profit | CZK mil | 8.24 | 21.1 | 28.6 | 18.8 | 0.512 | |||||
| Depreciation | CZK mil | 34.2 | 33.4 | 31.5 | 30.2 | 29.5 | |||||
| Non-Cash Items | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Change in Working Capital | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Total Cash From Operations | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Capital Expenditures | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Other Investments | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Total Cash From Investing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Dividends Paid | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Issuance Of Shares | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Issuance Of Debt | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Total Cash From Financing | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| Net Change In Cash | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... | |
| ratios | |||||||||||
| Days Sales Outstanding | days | 96.4 | 98.5 | 53.6 | 64.0 | 82.0 | |||||
| Days Sales Of Inventory | days | 37.2 | 29.7 | 32.6 | 37.3 | 32.5 | |||||
| Days Payable Outstanding | days | 34.1 | 39.0 | 35.8 | 33.8 | 65.5 | |||||
| Cash Conversion Cycle | days | 99.5 | 89.2 | 50.4 | 67.5 | 49.0 | |||||
| Cash Earnings | CZK mil | 42.4 | 54.6 | 60.1 | 49.0 | 30.0 | |||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... | ... |
| other data | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| other data | |||||||||||
| ROA | % | 1.94 | 4.64 | 6.52 | 4.71 | 0.120 | |||||
| Gross Margin | % | 26.8 | 24.2 | 26.7 | 27.3 | 21.9 | |||||
| Employees | 158 | 160 | 158 | 160 | 151 | ||||||
| Cost Per Employee | USD per month | 1,600 | 1,794 | 1,651 | 1,690 | 1,634 | |||||
| Cost Per Employee (Local Currency) | CZK per month | 30,578 | 31,724 | 32,286 | 33,062 | 34,917 | |||||
| Staff Cost (As % Of Total Cost) | % | 14.8 | 13.7 | 14.2 | 14.6 | 13.7 | |||||
| Effective Tax Rate | % | 31.5 | 19.2 | 22.2 | 28.2 | 40.3 | |||||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
Pivovar Holba has been growing its sales by a year on average in the last 5 years. EBITDA has fallen on average by 16.9% a year during that time to total of CZK 23.4 mil in 2016, or 4.80% of sales. That’s compared to 9.23% average margin seen in last five years.
The company netted CZK -14.2 mil in 2016 implying ROE of -5.40% and ROCE of -4.63%. Again, the average figures were 2.54% and 2.44%, respectively when looking at the previous 5 years.
Pivovar Holba’s net debt amounted to CZK 0.178 mil at the end of 2016, or 0.085% of equity. When compared to EBITDA, net debt was 0.008x, down when compared to average of 0.064x seen in the last 5 years.
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