By Helgi Library - April 2, 2020
Pivovar Zubr's total assets reached CZK 631 mil at the end of 2016, up 1.54% compared to the previous year. Curren...
By Helgi Library - April 2, 2020
Pivovar Zubr's total assets reached CZK 631 mil at the end of 2016, up 1.54% compared to the previous year. Curren...
| Profit Statement | 2014 | 2015 | 2016 | |
| Sales | CZK mil | 486 | 553 | 612 |
| Gross Profit | CZK mil | 85.1 | 102 | 105 |
| EBITDA | CZK mil | 21.6 | 37.7 | 41.8 |
| EBIT | CZK mil | -11.8 | 2.83 | 4.73 |
| Financing Cost | CZK mil | -1.09 | 1.67 | 1.77 |
| Pre-Tax Profit | CZK mil | -10.7 | 1.15 | 2.95 |
| Net Profit | CZK mil | -9.21 | 0.210 | -1.17 |
| Dividends | CZK mil | 0 | 0 | ... |
| Balance Sheet | 2014 | 2015 | 2016 | |
| Total Assets | CZK mil | 645 | 622 | 631 |
| Non-Current Assets | CZK mil | 335 | 324 | 326 |
| Current Assets | CZK mil | 248 | 236 | 239 |
| Working Capital | CZK mil | 113 | 131 | 126 |
| Shareholders' Equity | CZK mil | 422 | 423 | 363 |
| Liabilities | CZK mil | 223 | 199 | 268 |
| Total Debt | CZK mil | 77.7 | 69.4 | 73.5 |
| Net Debt | CZK mil | 61.2 | 46.3 | 49.5 |
| Ratios | 2014 | 2015 | 2016 | |
| ROE | % | -2.15 | 0.050 | -0.299 |
| ROCE | % | -1.99 | 0.047 | -0.259 |
| Gross Margin | % | 17.5 | 18.4 | 17.2 |
| EBITDA Margin | % | 4.45 | 6.82 | 6.83 |
| EBIT Margin | % | -2.43 | 0.511 | 0.772 |
| Net Margin | % | -1.90 | 0.038 | -0.192 |
| Net Debt/EBITDA | 2.83 | 1.23 | 1.19 | |
| Net Debt/Equity | % | 14.5 | 10.9 | 13.7 |
| Cost of Financing | % | -1.53 | 2.28 | 2.48 |
| Cash Flow | 2014 | 2015 | 2016 | |
| Total Cash From Operations | CZK mil | ... | 33.3 | 103 |
| Total Cash From Investing | CZK mil | ... | -24.1 | -39.9 |
| Total Cash From Financing | CZK mil | ... | -2.96 | -62.5 |
| Net Change In Cash | CZK mil | ... | 6.26 | 0.792 |
| Cash Conversion Cycle | days | 71.2 | 79.7 | 68.7 |
| Cash Earnings | CZK mil | 24.2 | 35.1 | 35.9 |
| Free Cash Flow | CZK mil | ... | 9.22 | 63.3 |
Get all company financials in excel:
| summary | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| income statement | |||||||||||
| Sales | CZK mil | 448 | 404 | 450 | 520 | 486 | |||||
| Gross Profit | CZK mil | 114 | 99.9 | 111 | 111 | 85.1 | |||||
| EBIT | CZK mil | 14.3 | 6.32 | 17.5 | 17.7 | -11.8 | |||||
| Net Profit | CZK mil | 11.1 | -1.13 | 15.2 | 17.7 | -9.21 | |||||
| ROE | % | 2.87 | -0.287 | 3.76 | 4.17 | -2.15 | |||||
| EBIT Margin | % | 3.20 | 1.56 | 3.89 | 3.41 | -2.43 | |||||
| Net Margin | % | 2.46 | -0.280 | 3.38 | 3.40 | -1.90 | |||||
| Employees | 168 | 158 | 145 | 139 | 136 | ||||||
| balance sheet | |||||||||||
| Total Assets | CZK mil | 598 | 594 | 586 | 593 | 645 | |||||
| Non-Current Assets | CZK mil | 386 | 415 | 369 | 371 | 335 | |||||
| Current Assets | CZK mil | 153 | 133 | 174 | 192 | 248 | |||||
| Shareholders' Equity | CZK mil | 390 | 397 | 412 | 435 | 422 | |||||
| Liabilities | CZK mil | 208 | 197 | 174 | 158 | 223 | |||||
| Non-Current Liabilities | CZK mil | 73.5 | 71.0 | 38.2 | 16.8 | 17.9 | |||||
| Current Liabilities | CZK mil | 167 | 155 | 62.6 | 106 | 183 | |||||
| Net Debt/EBITDA | 1.86 | 1.39 | 0.123 | 0.321 | 2.83 | ||||||
| Net Debt/Equity | % | 22.4 | 13.2 | 1.57 | 3.73 | 14.5 | |||||
| Cost of Financing | % | ... | 4.66 | 1.27 | 4.58 | -10.2 | -1.53 | ||||
| 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 | 448 | 404 | 450 | 520 | 486 | |||||
| Cost of Goods & Services | CZK mil | 334 | 304 | 338 | 409 | 401 | |||||
| Gross Profit | CZK mil | 114 | 99.9 | 111 | 111 | 85.1 | |||||
| Staff Cost | CZK mil | 59.6 | 55.8 | 55.7 | 53.8 | 55.9 | |||||
| Other Cost | CZK mil | 7.59 | 6.48 | 3.33 | 6.68 | 7.60 | |||||
| EBITDA | CZK mil | 46.8 | 37.6 | 52.4 | 50.5 | 21.6 | |||||
| Depreciation | CZK mil | 32.5 | 31.3 | 35.0 | 32.8 | 33.4 | |||||
| EBIT | CZK mil | 14.3 | 6.32 | 17.5 | 17.7 | -11.8 | |||||
| Financing Cost | CZK mil | 3.49 | 1.18 | 2.28 | -4.77 | -1.09 | |||||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Pre-Tax Profit | CZK mil | 10.8 | 5.15 | 15.2 | 22.5 | -10.7 | |||||
| Tax | CZK mil | -0.205 | 6.28 | 0 | 4.82 | -1.53 | |||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Net Profit | CZK mil | 11.1 | -1.13 | 15.2 | 17.7 | -9.21 | |||||
| Dividends | CZK mil | ... | ... | ... | ... | ... | ... | ... | 0 | ... | |
| growth rates | |||||||||||
| Total Revenue Growth | % | ... | 9.59 | -9.87 | 11.3 | 15.7 | -6.68 | ||||
| Operating Cost Growth | % | ... | 47.8 | -7.28 | -5.26 | 2.51 | 4.86 | ||||
| EBITDA Growth | % | ... | -7.22 | -19.7 | 39.5 | -3.65 | -57.2 | ||||
| EBIT Growth | % | ... | -8.39 | -55.9 | 177 | 1.31 | -167 | ||||
| Pre-Tax Profit Growth | % | ... | -26.0 | -52.6 | 196 | 47.9 | -148 | ||||
| Net Profit Growth | % | ... | -2.16 | -110 | -1,446 | 16.2 | -152 | ||||
| ratios | |||||||||||
| ROE | % | 2.87 | -0.287 | 3.76 | 4.17 | -2.15 | |||||
| ROCE | % | ... | 2.63 | -0.240 | 3.17 | 3.72 | -1.99 | ||||
| Gross Margin | % | 25.4 | 24.7 | 24.8 | 21.3 | 17.5 | |||||
| EBITDA Margin | % | 10.4 | 9.31 | 11.7 | 9.71 | 4.45 | |||||
| EBIT Margin | % | 3.20 | 1.56 | 3.89 | 3.41 | -2.43 | |||||
| Net Margin | % | 2.46 | -0.280 | 3.38 | 3.40 | -1.90 | |||||
| Payout Ratio | % | ... | ... | ... | ... | ... | ... | ... | 0 | ... | |
| Cost of Financing | % | ... | 4.66 | 1.27 | 4.58 | -10.2 | -1.53 | ||||
| Net Debt/EBITDA | 1.86 | 1.39 | 0.123 | 0.321 | 2.83 |
| balance sheet | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| balance sheet | |||||||||||
| Non-Current Assets | CZK mil | 386 | 415 | 369 | 371 | 335 | |||||
| Property, Plant & Equipment | CZK mil | 332 | 367 | 328 | 320 | 313 | |||||
| Intangible Assets | CZK mil | 0.069 | 0.877 | 0.695 | 0.528 | 0.372 | |||||
| Current Assets | CZK mil | 153 | 133 | 174 | 192 | 248 | |||||
| Inventories | CZK mil | 23.3 | 23.2 | 27.8 | 29.1 | 25.9 | |||||
| Receivables | CZK mil | 99.8 | 88.5 | 120 | 110 | 201 | |||||
| Cash & Cash Equivalents | CZK mil | 27.1 | 18.1 | 22.8 | 48.2 | 16.6 | |||||
| Total Assets | CZK mil | 598 | 594 | 586 | 593 | 645 | |||||
| Shareholders' Equity | CZK mil | 390 | 397 | 412 | 435 | 422 | |||||
| Of Which Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Liabilities | CZK mil | 208 | 197 | 174 | 158 | 223 | |||||
| Non-Current Liabilities | CZK mil | 73.5 | 71.0 | 38.2 | 16.8 | 17.9 | |||||
| Long-Term Debt | CZK mil | 60.0 | 52.0 | 19.2 | 6.90 | 9.00 | |||||
| Deferred Tax Liabilities | CZK mil | 13.5 | 19.0 | 19.0 | 16.8 | 15.2 | |||||
| Current Liabilities | CZK mil | 167 | 155 | 62.6 | 106 | 183 | |||||
| Short-Term Debt | CZK mil | 54.3 | 18.5 | 10.0 | 57.5 | 68.7 | |||||
| Trade Payables | CZK mil | 54.1 | 41.8 | 41.9 | 34.8 | 113 | |||||
| Provisions | CZK mil | 0 | 0 | 0 | 0 | 0 | |||||
| Equity And Liabilities | CZK mil | 598 | 594 | 586 | 593 | 645 | |||||
| growth rates | |||||||||||
| Total Asset Growth | % | ... | 19.8 | -0.681 | -1.41 | 1.28 | 8.63 | ||||
| Shareholders' Equity Growth | % | ... | 2.91 | 1.75 | 3.76 | 5.64 | -3.00 | ||||
| Net Debt Growth | % | ... | 250 | -39.9 | -87.7 | 151 | 277 | ||||
| Total Debt Growth | % | ... | 221 | -38.3 | -58.5 | 120 | 20.7 | ||||
| ratios | |||||||||||
| Total Debt | CZK mil | 114 | 70.5 | 29.2 | 64.4 | 77.7 | |||||
| Net Debt | CZK mil | 87.2 | 52.4 | 6.47 | 16.2 | 61.2 | |||||
| Working Capital | CZK mil | 69.1 | 70.0 | 106 | 105 | 113 | |||||
| Capital Employed | CZK mil | 455 | 485 | 475 | 476 | 448 | |||||
| Net Debt/Equity | % | 22.4 | 13.2 | 1.57 | 3.73 | 14.5 | |||||
| Cost of Financing | % | ... | 4.66 | 1.27 | 4.58 | -10.2 | -1.53 |
| cash flow | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| cash flow | |||||||||||
| Net Profit | CZK mil | 11.1 | -1.13 | 15.2 | 17.7 | -9.21 | |||||
| Depreciation | CZK mil | 32.5 | 31.3 | 35.0 | 32.8 | 33.4 | |||||
| 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 | 81.3 | 80.0 | 97.7 | 77.3 | 151 | |||||
| Days Sales Of Inventory | days | 25.5 | 27.9 | 30.0 | 25.9 | 23.6 | |||||
| Days Payable Outstanding | days | 59.1 | 50.1 | 45.2 | 31.0 | 103 | |||||
| Cash Conversion Cycle | days | 47.7 | 57.8 | 82.5 | 72.2 | 71.2 | |||||
| Cash Earnings | CZK mil | 43.6 | 30.2 | 50.2 | 50.5 | 24.2 | |||||
| Free Cash Flow | CZK mil | ... | ... | ... | ... | ... | ... | ... | ... |
| other data | Unit | 2007 | 2008 | 2009 | 2010 | 2011 | 2012 | 2013 | 2014 | 2015 | 2016 |
| other data | |||||||||||
| ROA | % | 2.01 | -0.189 | 2.58 | 3.00 | -1.49 | |||||
| Gross Margin | % | 25.4 | 24.7 | 24.8 | 21.3 | 17.5 | |||||
| Employees | 168 | 158 | 145 | 139 | 136 | ||||||
| Cost Per Employee | USD per month | 1,547 | 1,665 | 1,637 | 1,650 | 1,601 | |||||
| Cost Per Employee (Local Currency) | CZK per month | 29,568 | 29,446 | 32,013 | 32,273 | 34,227 | |||||
| Staff Cost (As % Of Total Cost) | % | 13.7 | 14.0 | 12.9 | 10.7 | 11.2 | |||||
| Effective Tax Rate | % | -1.89 | 122 | 0 | 21.4 | 14.2 | |||||
| Capital Expenditures (As % of Sales) | % | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
Pivovar Zubr has been growing its sales by a year on average in the last 5 years. EBITDA has grown on average by 2.13% a year during that time to total of CZK 41.8 mil in 2016, or 6.83% of sales. That’s compared to 7.89% average margin seen in last five years.
The company netted CZK -1.17 mil in 2016 implying ROE of -0.299% and ROCE of -0.259%. Again, the average figures were 1.11% and 0.936%, respectively when looking at the previous 5 years.
Pivovar Zubr’s net debt amounted to CZK 49.5 mil at the end of 2016, or 13.7% of equity. When compared to EBITDA, net debt was 1.19x, up when compared to average of 1.14x seen in the last 5 years.
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