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Company Information |
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Full name Newspaper Group Bulgaria (Вестникарска група България ООД) Headquarters 47, Tsarigradsko Chausse Blvd.; Sofia; Sofia - city; 1124 |
Status: Non-Listed Legal Form: Limited Liability Company Operational Status: Operational BG VAT Identification Code: BG121314329 BULSTAT: 121314329 Financial Auditors: BDO Bulgaria (2011) Total Employees: 418 Tel: (+359 2) 988 40 40, 981 10 41, 942 24 13 |
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Company Description |
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In September 1996, Germany's WAZ Group, publisher of the Westdeutsche Algemeine Zeitung, bought a 70% stake in Bulgaria's 168 Hours Pressgroup. 168 Hours Pressgroup, which was established in 1990, publishes two newspapers, including the country's second-largest daily 24 Chasa (24 Hours). In early 1997, WAZ Group acquired another local media group Media Holding – which publishes the country's largest-circulation daily Trud. After the deal, the German publisher gained control over some 80% |
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Company Analysis |
| According to the Individual - Audited financial statement for the Year of 2010, total net operating revenues decreased with -17.16%, from BGN 98,440 thousands to BGN 81,551 thousands. Operating result increased from BGN 2,322 thousands to BGN 2,627 thousands which means 13.14% change. The results of the period reached BGN 353 thousands at the end of the period against BGN -20 thousands last year. Return on equity (Net income/Total equity) went from -0.53% to 6.20%, the Return On Asset (Net income / Total Asset) went from -0.03% to 0.54% and the Net Profit Margin (Net Income/Net Sales) went from -0.02% to 0.43% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 1044.14% compared to 1735.74% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.83 to 0.82 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2010 Y (non-cons) |
2009 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 |
65,113 |
68,124 |
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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 |
X,XXX |
X,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) |
X,XXX |
X,XXX |
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Net Profit (Loss) |
XXX |
-XX |
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| * All the accounts are in BGN. | ||
| Profitability Ratios | ||
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Return on Assets (ROA) |
X.XX% |
-X.XX% |
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Annualised Return on Assets (ROA) |
X.XX% |
-X.XX% |
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Return on Equity (ROE) |
X.X% |
-X.XX% |
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Annualised Return on Equity (ROE) |
X.X% |
-X.XX% |
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Return on Sales (ROS) |
X.XX% |
-X.XX% |
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Return on Capital |
X.XX% |
-X.XX% |
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Operating Profit Margin |
X.XX% |
X.XX% |
| Efficiency Ratios | ||
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Accounts Receivable Turnover |
X.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) |
X,XXX |
X,XXX |
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EBITDA |
X,XXX |
X,XXX |
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Bookvalue (BV) |
X,XXX |
X,XXX |
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Net Cash |
-XX,XXX |
-XX,XXX |
| Liquidity Ratios | ||
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Current Ratio |
XX.XX% |
XX.XX% |
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Quick ratio |
XX.XX% |
XX.XX% |
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Doom's day ratio |
X.XX% |
X.XX% |
| Leverage Ratios | ||
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Leverage ratio |
X,XXX.XX% |
X,XXX.XX% |
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Interest Coverage Ratio |
XX.XX% |
XX.XX% |
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Debt to equity |
X,XXX.XX% |
X,XXX.XX% |
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Debt to total assets |
XX.XX% |
XX.XX% |
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Long Term Debt to Capital |
X.XX% |
X.XX% |
| Trend Ratios | ||
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Revenue Trend |
XX.XX% |
XX.XX% |
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Net Income Trend |
-X,XXX% |
X.XX% |
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Operating Income Trend |
XXX.XX% |
XXX.X% |
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