|
Company data displayed is for sample purposes only and may not reflect the most current information available on Emerging Markets Information Service (EMIS).
Devnya Cement (Девня Цимент)
Main Activities: Nonmetallic Mineral Product Manufacturing
 |
Please check the full coverage of information what EMIS can offer you. | SEE SAMPLE |
Company Information |
|
Full name Devnya Cement (Девня Цимент АД) Headquarters Industrial Zone; Devnya; Varna; 9160 |
Status: Non-Listed Legal Form: Joint Stock Company Operational Status: Operational BG VAT Identification Code: BG813109833 BULSTAT: 813109833 Financial Auditors: KPMG (2010) Total Employees: 288 Tel: (+359 519) 21 95, 73 06 |
|
Company Description |
|
Devnya Cement is the largest cement manufacturer and exporter in Bulgaria with annual output of two million tonnes. The company manufactures portland cement, clinker and concrete fabrics and exports half of its production to EU member states and North America. In May 1997, Bulgaria's Privatisation Agency sold 70% of Devnya Cement to Bulgarian-Spanish consortium Marvex for USD 44.5 million. Marvex was set up for the privatisation deal and the Spanish side, led by private Spanish cement distributor |
||
|
||
Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues increased with 11.89%, from BGN 105,442 thousands to BGN 117,981 thousands. Operating result increased from BGN 12,886 thousands to BGN 28,007 thousands which means 117.34% change. The results of the period increased 97.83% reaching BGN 25,955 thousands at the end of the period against BGN 13,120 thousands last year. Return on equity (Net income/Total equity) went from 3.96% to 7.15%, the Return On Asset (Net income / Total Asset) went from 3.65% to 6.67% and the Net Profit Margin (Net Income/Net Sales) went from 12.44% to 22.00% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 7.27% compared to 8.51% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 2.22 to 12.27 when compared to the previous year. |
Key Executives |
|
|||||
|
|||||
Companies with Similar Main Activities |
FULL COMPANY PROFILE
|
|
2011 Y (non-cons) |
2010 Y (non-cons) |
|
 | ||
| Audited | Audited | |
| ||
| ISI Financial Statements | ISI Financial Statements | |
| ||
| Unit | Thousands | Thousands |
| ||
Balance Sheet
| ||
Total Assets |
389,402 |
359,500 |
| ||
Current Assets |
XXX,XXX |
XX,XXX |
| ||
Total Liabilities |
XX,XXX |
XX,XXX |
| ||
Shareholders Equity |
XXX,XXX |
XXX,XXX |
| ||
Current Liabilities |
XX,XXX |
XX,XXX |
| ||
| * All the accounts are in BGN. | ||
Income Statement
| ||
Total Operating Revenue |
XXX,XXX |
XXX,XXX |
| ||
Operational Profit (Loss) |
XX,XXX |
XX,XXX |
| ||
Net Profit (Loss) |
XX,XXX |
XX,XXX |
| ||
| * All the accounts are in BGN. | ||
Ratios
| Profitability Ratios | ||
| ||
Return on Assets (ROA) |
X.XX% |
X.XX% |
| ||
Annualised Return on Assets (ROA) |
X.XX% |
X.XX% |
| ||
Return on Equity (ROE) |
X.XX% |
X.XX% |
| ||
Annualised Return on Equity (ROE) |
X.XX% |
X.XX% |
| ||
Return on Sales (ROS) |
XX.XX% |
XX.XX% |
| ||
Return on Capital |
X% |
X.XX% |
| ||
Operating Profit Margin |
XX.XX% |
XX.XX% |
| Efficiency Ratios | ||
| ||
Accounts Receivable Turnover |
X.XXx |
X.XXx |
| ||
Current asset turnover |
X.XXx |
X.XXx |
| ||
Fixed-asset turnover |
X.XXx |
X.XXx |
| ||
Asset Turnover |
X.XXx |
X.XXx |
| Valuation figures and ratios | ||
| ||
Earning Before Interests and Taxes (EBIT) |
XX,XXX |
XX,XXX |
| ||
EBITDA |
XX,XXX |
XX,XXX |
| ||
Bookvalue (BV) |
XXX,XXX |
XXX,XXX |
| ||
Net Cash |
-XX,XXX |
-XX,XXX |
| Liquidity Ratios | ||
| ||
Current Ratio |
X,XXX.XX% |
XXX.X% |
| ||
Quick ratio |
X,XXX.XX% |
XXX.XX% |
| ||
Doom's day ratio |
XX.XX% |
XX.XX% |
| Leverage Ratios | ||
| ||
Leverage ratio |
XXX.XX% |
XXX.XX% |
| ||
Debt to equity |
X.XX% |
X.XX% |
| ||
Debt to total assets |
X.XX% |
X.XX% |
| ||
Long Term Debt to Capital |
X.XX% |
X.XX% |
| Trend Ratios | ||
| ||
Revenue Trend |
XX.XX% |
XX.XX% |
| ||
Net Income Trend |
XXX.XX% |
XX.XX% |
| ||
Operating Income Trend |
XXX.XX% |
XX.XX% |
| ||
 |