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Company Information |
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Full name Fort Noks (Форт Нокс ООД) Headquarters 34, Vranya Str.; Sofia; Sofia - city; 1233 |
Status: Non-Listed Legal Form: Limited Liability Company Operational Status: Operational BG VAT Identification Code: BG831921291 BULSTAT: 831921291 Financial Auditors: Antera Ltd. (2011) Total Employees: 34 Tel: (+359 2) 931 76 65, 931 76 66 |
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Company Description |
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Fort Noks Ltd., which was established in 1994, is the largest developer engaged in the construction, ownership and management of residential real estate at the Black Sea coast of Bulgaria. The firm, co-owned by a Ukrainian and Bulgarian businessmen, started out as an exporter of rolled metal from Ukraine to Balkan states. In 1997, the company decided to develop a construction business and has successfully built several residential and trade complexes in the capital Sofia. At present, the |
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Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2011, total net operating revenues decreased with -1.24%, from BGN 39,587 thousands to BGN 39,096 thousands. Operating result increased from BGN 8,144 thousands to BGN 11,343 thousands which means 39.28% change. The results of the period decreased -8.30% reaching BGN 10,684 thousands at the end of the period against BGN 11,651 thousands last year. Return on equity (Net income/Total equity) went from 17.97% to 14.30%, the Return On Asset (Net income / Total Asset) went from 9.00% to 8.38% and the Net Profit Margin (Net Income/Net Sales) went from 29.43% to 27.33% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 70.71% compared to 99.75% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 1.24 to 1.48 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2011 Y (non-cons) |
2010 Y (non-cons) |
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| Audited | Audited | |
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| ISI Financial Statements | ISI Financial Statements | |
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| Unit | Thousands | Thousands |
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Total Assets |
127,531 |
129,486 |
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Current Assets |
XX,XXX |
XX,XXX |
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Total Liabilities |
XX,XXX |
XX,XXX |
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Shareholders Equity |
XX,XXX |
XX,XXX |
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Current Liabilities |
XX,XXX |
XX,XXX |
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| * All the accounts are in BGN. | ||
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Total Operating Revenue |
XX,XXX |
XX,XXX |
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Operational Profit (Loss) |
XX,XXX |
X,XXX |
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Net Profit (Loss) |
XX,XXX |
XX,XXX |
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| * All the accounts are in BGN. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
X.XX% |
X% |
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Annualised Return on Assets (ROA) |
X.XX% |
X% |
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Return on Equity (ROE) |
XX.X% |
XX.XX% |
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Annualised Return on Equity (ROE) |
XX.X% |
XX.XX% |
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Return on Sales (ROS) |
XX.XX% |
XX.XX% |
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Return on Capital |
XX.X% |
XX.XX% |
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Operating Profit Margin |
XX.XX% |
XX.XX% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
XX.XXx |
XX.XXx |
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Current asset turnover |
X.XXx |
X.XXx |
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Fixed-asset turnover |
X.XXx |
X.XXx |
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Asset Turnover |
X.XXx |
X.XXx |
| Valuation figures and ratios | ||
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Earning Before Interests and Taxes (EBIT) |
XX,XXX |
X,XXX |
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EBITDA |
XX,XXX |
X,XXX |
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Bookvalue (BV) |
XX,XXX |
XX,XXX |
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Net Cash |
-XX,XXX |
-XX,XXX |
| Liquidity Ratios | ||
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Current Ratio |
XXX% |
XXX.X% |
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Quick ratio |
XX.XX% |
XX.XX% |
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Doom's day ratio |
X.XX% |
XX.XX% |
| Leverage Ratios | ||
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Leverage ratio |
XXX.XX% |
XXX.XX% |
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Debt to equity |
XX.XX% |
XX.XX% |
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Debt to total assets |
XX.XX% |
XX.XX% |
| Trend Ratios | ||
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Revenue Trend |
XX.XX% |
XX.XX% |
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Net Income Trend |
XX.X% |
XXX.XX% |
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Operating Income Trend |
XXX.XX% |
XX.X% |
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