By Helgi Library - November 2, 2024
Skalican made a net profit of CZK -62.9 mil in 2023, down 141% compared to the previous year. Total sales reached CZK 750 mil, w...
By Helgi Library - November 2, 2024
Skalican made a net profit of CZK -62.9 mil in 2023, down 141% compared to the previous year. Historically, between 2014 and...
By Helgi Library - November 2, 2024
Skalican employed 176 employees in 2023, up 5.39% compared to the previous year. Historically, between 2013 and 2023, ...
| Profit Statement | 2021 | 2022 | 2023 | |
| Sales | CZK mil | 779 | 942 | 750 |
| Gross Profit | CZK mil | 62.5 | 77.2 | 74.1 |
| EBITDA | CZK mil | -11.4 | 2.45 | -24.7 |
| EBIT | CZK mil | -28.3 | -17.3 | -51.9 |
| Financing Cost | CZK mil | 2.93 | 7.85 | 9.81 |
| Pre-Tax Profit | CZK mil | -31.7 | -26.1 | -62.9 |
| Net Profit | CZK mil | -31.7 | -26.1 | -62.9 |
| Dividends | CZK mil | 0.001 | 0 | ... |
| Balance Sheet | 2021 | 2022 | 2023 | |
| Total Assets | CZK mil | 336 | 366 | 367 |
| Non-Current Assets | CZK mil | 188 | 195 | 194 |
| Current Assets | CZK mil | 147 | 171 | 172 |
| Working Capital | CZK mil | -97.1 | -122 | -194 |
| Shareholders' Equity | CZK mil | -58.9 | -85.0 | -148 |
| Liabilities | CZK mil | 395 | 451 | 515 |
| Total Debt | CZK mil | 84.2 | 134 | 130 |
| Net Debt | CZK mil | 83.0 | 131 | 126 |
| Ratios | 2021 | 2022 | 2023 | |
| ROE | % | 73.6 | 36.3 | 54.0 |
| ROCE | % | -28.7 | -32.0 | -173 |
| Gross Margin | % | 8.01 | 8.20 | 9.88 |
| EBITDA Margin | % | -1.46 | 0.260 | -3.29 |
| EBIT Margin | % | -3.63 | -1.83 | -6.92 |
| Net Margin | % | -4.06 | -2.77 | -8.39 |
| Net Debt/EBITDA | -7.29 | 53.6 | -5.12 | |
| Net Debt/Equity | % | -141 | -155 | -85.4 |
| Cost of Financing | % | 3.39 | 7.19 | 7.41 |
| Cash Flow | 2021 | 2022 | 2023 | |
| Total Cash From Operations | CZK mil | 9.11 | -61.3 | -22.5 |
| Total Cash From Investing | CZK mil | -3.95 | 12.9 | 27.6 |
| Total Cash From Financing | CZK mil | -4.67 | 50.2 | -4.15 |
| Net Change In Cash | CZK mil | 0.496 | 1.83 | 0.992 |
| Cash Conversion Cycle | days | -52.6 | -55.6 | -110 |
| Cash Earnings | CZK mil | -14.8 | -6.41 | -35.7 |
| Free Cash Flow | CZK mil | 5.16 | -48.4 | 5.15 |
Get all company financials in excel:
| overview | Unit | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| income statement | ||||||||||||
| Sales | CZK mil | 651 | 639 | 757 | 750 | 779 | ||||||
| Gross Profit | CZK mil | 22.7 | 42.9 | 51.3 | 104 | 62.5 | ||||||
| EBIT | CZK mil | -52.7 | -51.5 | -37.4 | 15.4 | -28.3 | ||||||
| Net Profit | CZK mil | ... | -55.7 | -55.3 | -42.1 | 11.6 | -31.7 | |||||
| ROE | % | -968 | -764 | 254 | -35.2 | 73.6 | ||||||
| EBIT Margin | % | -8.09 | -8.06 | -4.94 | 2.06 | -3.63 | ||||||
| Net Margin | % | -8.54 | -8.66 | -5.57 | 1.55 | -4.06 | ||||||
| Employees | 166 | 180 | 170 | 156 | 154 | |||||||
| balance sheet | ||||||||||||
| Total Assets | CZK mil | 304 | 310 | 327 | 320 | 336 | ||||||
| Non-Current Assets | CZK mil | 154 | 162 | 162 | 167 | 188 | ||||||
| Current Assets | CZK mil | 145 | 144 | 162 | 149 | 147 | ||||||
| Shareholders' Equity | CZK mil | 8.92 | 5.57 | -38.8 | -27.2 | -58.9 | ||||||
| Liabilities | CZK mil | 295 | 304 | 366 | 347 | 395 | ||||||
| Non-Current Liabilities | CZK mil | 78.2 | 73.7 | 69.0 | 69.9 | 63.9 | ||||||
| Current Liabilities | CZK mil | 217 | 226 | 289 | 274 | 328 | ||||||
| Net Debt/EBITDA | -2.47 | -2.34 | -3.47 | 2.88 | -7.29 | |||||||
| Net Debt/Equity | % | 1,122 | 1,618 | -210 | -324 | -141 | ||||||
| Cost of Financing | % | ... | 2.13 | 3.50 | 4.86 | 3.49 | 3.39 | |||||
| cash flow | ||||||||||||
| Total Cash From Operations | CZK mil | ... | -25.4 | -46.9 | -2.34 | -17.4 | 9.11 | |||||
| Total Cash From Investing | CZK mil | ... | 3.22 | 4.84 | 13.3 | 10.7 | -3.95 | |||||
| Total Cash From Financing | CZK mil | ... | 22.5 | 45.3 | -13.8 | 4.89 | -4.67 | |||||
| Net Change In Cash | CZK mil | ... | 0.395 | 3.27 | -2.84 | -1.85 | 0.496 |
| income statement | Unit | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| income statement | ||||||||||||
| Sales | CZK mil | 651 | 639 | 757 | 750 | 779 | ||||||
| Cost of Goods & Services | CZK mil | 629 | 596 | 706 | 646 | 717 | ||||||
| Cost of Material & Energy | CZK mil | 544 | 497 | 605 | 545 | 595 | ||||||
| Gross Profit | CZK mil | 22.7 | 42.9 | 51.3 | 104 | 62.5 | ||||||
| Staff Cost | CZK mil | 59.8 | 71.6 | 68.9 | 67.7 | 67.4 | ||||||
| Other Operating Cost (Income) | CZK mil | 3.36 | 9.87 | 5.77 | 5.89 | 6.49 | ||||||
| EBITDA | CZK mil | -40.5 | -38.5 | -23.4 | 30.7 | -11.4 | ||||||
| Depreciation | CZK mil | ... | 12.1 | 13.0 | 13.9 | 15.2 | 16.9 | |||||
| EBIT | CZK mil | -52.7 | -51.5 | -37.4 | 15.4 | -28.3 | ||||||
| Net Financing Cost | CZK mil | 2.96 | 3.82 | 4.77 | 3.84 | 3.41 | ||||||
| Financing Cost | CZK mil | 2.59 | 3.46 | 4.37 | 3.01 | 2.93 | ||||||
| Financing Income | CZK mil | ... | ... | ... | ... | 0.004 | 0.026 | 0.005 | 0 | 0 | ||
| Extraordinary Cost | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Pre-Tax Profit | CZK mil | -55.7 | -55.3 | -42.1 | 11.6 | -31.7 | ||||||
| Tax | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Minorities | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Net Profit | CZK mil | ... | -55.7 | -55.3 | -42.1 | 11.6 | -31.7 | |||||
| Net Profit Avail. to Common | CZK mil | -55.7 | -55.3 | -42.1 | 11.6 | -31.7 | ||||||
| Dividends | CZK mil | 0 | 2.23 | 0 | 0 | 0.001 | ... | |||||
| growth rates | ||||||||||||
| Total Revenue Growth | % | ... | 3.95 | -1.84 | 18.4 | -0.914 | 3.90 | |||||
| Staff Cost Growth | % | ... | 3.22 | 19.6 | -3.68 | -1.87 | -0.449 | |||||
| EBITDA Growth | % | ... | -31.6 | -5.01 | -39.1 | -231 | -137 | |||||
| EBIT Growth | % | ... | -25.6 | -2.19 | -27.5 | -141 | -283 | |||||
| Pre-Tax Profit Growth | % | ... | -24.9 | -0.541 | -23.9 | -128 | -373 | |||||
| Net Profit Growth | % | ... | -24.9 | -0.541 | -23.9 | -128 | -373 | |||||
| ratios | ||||||||||||
| ROE | % | -968 | -764 | 254 | -35.2 | 73.6 | ||||||
| ROA | % | -18.4 | -18.0 | -13.2 | 3.59 | -9.65 | ||||||
| ROCE | % | ... | -35.5 | -34.1 | -31.8 | 9.90 | -28.7 | |||||
| Gross Margin | % | 3.48 | 6.72 | 6.77 | 13.9 | 8.01 | ||||||
| EBITDA Margin | % | -6.22 | -6.02 | -3.10 | 4.09 | -1.46 | ||||||
| EBIT Margin | % | -8.09 | -8.06 | -4.94 | 2.06 | -3.63 | ||||||
| Net Margin | % | -8.54 | -8.66 | -5.57 | 1.55 | -4.06 | ||||||
| Payout Ratio | % | 0 | -4.03 | 0 | 0 | -0.003 | ... | |||||
| Cost of Financing | % | ... | 2.13 | 3.50 | 4.86 | 3.49 | 3.39 | |||||
| Net Debt/EBITDA | -2.47 | -2.34 | -3.47 | 2.88 | -7.29 |
| balance sheet | Unit | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| balance sheet | ||||||||||||
| Cash & Cash Equivalents | CZK mil | 2.00 | 5.27 | 2.43 | 0.577 | 1.07 | ||||||
| Receivables | CZK mil | 74.0 | 72.3 | 93.7 | 77.1 | 76.4 | ||||||
| Inventories | CZK mil | 69.4 | 66.2 | 65.5 | 71.0 | 69.8 | ||||||
| Other ST Assets | CZK mil | 0 | < 0.001 | < 0.001 | < -0.001 | < -0.001 | ||||||
| Current Assets | CZK mil | 145 | 144 | 162 | 149 | 147 | ||||||
| Property, Plant & Equipment | CZK mil | 153 | 162 | 162 | 167 | 188 | ||||||
| LT Investments & Receivables | CZK mil | 0.074 | 0.074 | 0.074 | 0.074 | 0.074 | ||||||
| Intangible Assets | CZK mil | 0.386 | 0.255 | 0.229 | 0.094 | 0.034 | ||||||
| Goodwill | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Non-Current Assets | CZK mil | 154 | 162 | 162 | 167 | 188 | ||||||
| Total Assets | CZK mil | 304 | 310 | 327 | 320 | 336 | ||||||
| Trade Payables | CZK mil | 133 | 140 | 217 | 185 | 243 | ||||||
| Short-Term Debt | CZK mil | 74.0 | 72.0 | 65.0 | 74.5 | 74.5 | ||||||
| Other ST Liabilities | CZK mil | 9.91 | 14.2 | 7.49 | 14.5 | 10.2 | ||||||
| Current Liabilities | CZK mil | 217 | 226 | 289 | 274 | 328 | ||||||
| Long-Term Debt | CZK mil | 28.2 | 23.6 | 18.9 | 14.3 | 9.70 | ||||||
| Other LT Liabilities | CZK mil | 50.0 | 50.1 | 50.0 | 55.6 | 54.2 | ||||||
| Non-Current Liabilities | CZK mil | 78.2 | 73.7 | 69.0 | 69.9 | 63.9 | ||||||
| Liabilities | CZK mil | 295 | 304 | 366 | 347 | 395 | ||||||
| Equity Before Minority Interest | CZK mil | 8.92 | 5.57 | -38.8 | -27.2 | -58.9 | ||||||
| Minority Interest | CZK mil | 0 | 0 | 0 | 0 | 0 | ||||||
| Equity | CZK mil | 8.92 | 5.57 | -38.8 | -27.2 | -58.9 | ||||||
| growth rates | ||||||||||||
| Total Asset Growth | % | ... | 0.348 | 2.02 | 5.48 | -2.11 | 5.12 | |||||
| Shareholders' Equity Growth | % | ... | 247 | -37.5 | -796 | -29.9 | 116 | |||||
| Net Debt Growth | % | ... | -28.5 | -9.93 | -9.72 | 8.29 | -5.85 | |||||
| Total Debt Growth | % | ... | -27.9 | -6.53 | -12.1 | 5.83 | -5.25 | |||||
| ratios | ||||||||||||
| Total Debt | CZK mil | 102 | 95.5 | 83.9 | 88.8 | 84.2 | ||||||
| Net Debt | CZK mil | 100 | 90.2 | 81.4 | 88.2 | 83.0 | ||||||
| Working Capital | CZK mil | 10.8 | -1.32 | -57.7 | -37.4 | -97.1 | ||||||
| Capital Employed | CZK mil | 164 | 161 | 105 | 130 | 90.7 | ||||||
| Net Debt/Equity | % | 1,122 | 1,618 | -210 | -324 | -141 | ||||||
| Current Ratio | 0.672 | 0.636 | 0.559 | 0.541 | 0.449 | |||||||
| Quick Ratio | 0.351 | 0.343 | 0.332 | 0.283 | 0.236 |
| cash flow | Unit | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| cash flow | ||||||||||||
| Net Profit | CZK mil | ... | -55.7 | -55.3 | -42.1 | 11.6 | -31.7 | |||||
| Depreciation | CZK mil | ... | 12.1 | 13.0 | 13.9 | 15.2 | 16.9 | |||||
| Non-Cash Items | CZK mil | ... | 24.7 | -16.7 | -30.5 | -24.0 | -35.8 | |||||
| Change in Working Capital | CZK mil | ... | -6.53 | 12.1 | 56.4 | -20.3 | 59.7 | |||||
| Total Cash From Operations | CZK mil | ... | -25.4 | -46.9 | -2.34 | -17.4 | 9.11 | |||||
| Capital Expenditures | CZK mil | ... | 3.22 | 4.84 | 13.3 | 10.7 | -3.95 | |||||
| Total Cash From Investing | CZK mil | ... | 3.22 | 4.84 | 13.3 | 10.7 | -3.95 | |||||
| Dividends Paid | CZK mil | ... | 0 | 0 | -2.23 | 0 | 0 | |||||
| Issuance Of Shares | CZK mil | ... | 62.0 | 52.0 | 0 | 0 | 0 | |||||
| Issuance Of Debt | CZK mil | ... | -39.5 | -6.67 | -11.6 | 4.89 | -4.67 | |||||
| Total Cash From Financing | CZK mil | ... | 22.5 | 45.3 | -13.8 | 4.89 | -4.67 | |||||
| Net Change In Cash | CZK mil | ... | 0.395 | 3.27 | -2.84 | -1.85 | 0.496 | |||||
| ratios | ||||||||||||
| Days Sales Outstanding | days | 41.5 | 41.3 | 45.2 | 37.5 | 35.8 | ||||||
| Days Sales Of Inventory | days | 40.3 | 40.5 | 33.9 | 40.1 | 35.5 | ||||||
| Days Payable Outstanding | days | 77.0 | 85.6 | 112 | 105 | 124 | ||||||
| Cash Conversion Cycle | days | 4.78 | -3.78 | -33.1 | -27.2 | -52.6 | ||||||
| Cash Earnings | CZK mil | -43.5 | -42.3 | -28.2 | 26.8 | -14.8 | ||||||
| Free Cash Flow | CZK mil | ... | -22.1 | -42.1 | 11.0 | -6.75 | 5.16 | |||||
| Capital Expenditures (As % of Sales) | % | ... | -0.495 | -0.758 | -1.76 | -1.42 | 0.506 |
| other ratios | Unit | 2013 | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 |
| Employees | 166 | 180 | 170 | 156 | 154 | |||||||
| Cost Per Employee | USD per month | 1,280 | 1,515 | 1,499 | 1,643 | 1,682 | ||||||
| Cost Per Employee (Local Currency) | CZK per month | 30,045 | 33,140 | 33,798 | 36,143 | 36,448 | ||||||
| Material & Energy (As % of Sales) | % | 83.6 | 77.8 | 79.9 | 72.6 | 76.3 | ||||||
| Services (As % of Sales) | % | 14.1 | 14.9 | 12.8 | 13.5 | 13.9 | ||||||
| Staff Cost (As % of Sales) | % | 9.19 | 11.2 | 9.11 | 9.02 | 8.64 | ||||||
| Effective Tax Rate | % | 0 | 0 | 0 | 0 | 0 | ||||||
| Total Revenue Growth (5-year average) | % | ... | ... | ... | ... | ... | 0.388 | 3.06 | 4.55 | 4.46 | ||
| Total Revenue Growth (10-year average) | % | ... | ... | ... | ... | ... | ... | ... | ... | ... | ... |
Get all company financials in excel:
By Helgi Library - November 2, 2024
Skalican invested a total of CZK -27.6 mil in 2023, down 114% compared to the previous year. Historically, between 2014 - 2023, the company's investments stood at a high of CZK 3.95 mil in 2021 and a low of CZK -27.6 mil in 2023. As a...
By Helgi Library - November 2, 2024
Skalican made a net profit of CZK -62.9 mil with revenues of CZK 750 mil in 2023, down by 141% and down by 20.4%, respectively, compared to the previous year. This translates into a net margin of -8.39%. Historically, between 2013 and 2023, the firm...
By Helgi Library - November 2, 2024
Skalican's net debt stood at CZK 126 mil and accounted for -85.4% of equity at the end of 2023. The ratio is up 69.2 pp compared to the previous year. Historically, the firm’s net debt to equity reached a high of 7,455% in 2015 and a low of -...
Skalican has been growing its sales by 3.23% a year on average in the last 5 years. EBITDA has grown on average by 8.52% a year during that time to total of CZK -24.7 mil in 2023, or -3.29% of sales. That’s compared to -0.700% average margin seen in last five years.
The company netted CZK -62.9 mil in 2023 implying ROE of 54.0% and ROCE of -173%. Again, the average figures were 76.5% and -51.1%, respectively when looking at the previous 5 years.
Skalican’s net debt amounted to CZK 126 mil at the end of 2023, or -85.4% of equity. When compared to EBITDA, net debt was -5.12x, down when compared to average of 8.12x seen in the last 5 years.
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