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Company Information |
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Full name Zyrneni hrani Bulgaria - Farin (Зърнени храни България - Фарин АД) Previous name(s) Farin (2009) Headquarters 6, Boycho Ognyanov Str.; Dobrich; Dobrich; 9300 Branch Office 33 B Galichitsa Str.; Sofia; Sofia - city; 1164 |
Status: Non-Listed Legal Form: Joint Stock Company Operational Status: Operational BULSTAT: 124680844 Financial Auditors: P & P Audit Ltd. (2011) Total Employees: 58 Tel: (+359 58) 666 678, (+359 2) 868 43 67 |
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Company Description |
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Bulgarian grain and oil-bearing crops trader Farin, which was established in 1997, specialises in the retail and wholesale trade of cereals, oil-bearing crops, plant protection products, fertilizers, lubricants and seeds. The firm, based in the north-eastern town of Dobrich, was set up as a grain trading company. In 2002, it expanded its activities to other farm commodities, plant protection products, fertilisers, lubricants and seeds. The company conducts operations in Bulgaria and |
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Company Analysis |
| According to the Consolidated - Audited financial statement for the Year of 2011, total net operating revenues decreased with -7.42%, from BGN 21,994 thousands to BGN 20,362 thousands. Operating result decreased from BGN 4,046 thousands to BGN 2,959 thousands which means -26.87% change. The results of the period decreased -88.56% reaching BGN 234 thousands at the end of the period against BGN 2,046 thousands last year. Return on equity (Net income/Total equity) went from 10.21% to 1.14%, the Return On Asset (Net income / Total Asset) went from 3.45% to 0.41% and the Net Profit Margin (Net Income/Net Sales) went from 9.30% to 1.15% when compared to the same period of last year. The Debt to Equity Ratio (Total Liabilities/Equity) was 178.47% compared to 193.85% of last year. Finally, the Current Ratio (Current Assets/Current Liabilities) went from 0.77 to 1.38 when compared to the previous year. |
Key Executives |
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Companies with Similar Main Activities |

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2011 Y (cons) |
2010 Y (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 |
57,297 |
59,238 |
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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) |
X,XXX |
X,XXX |
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Net Profit (Loss) |
XXX |
X,XXX |
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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.XX% |
XX.XX% |
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Annualised Return on Equity (ROE) |
X.XX% |
XX.XX% |
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Return on Sales (ROS) |
X.XX% |
XX.XX% |
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Return on Capital |
X.X% |
X.XX% |
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Gross Profit Margin |
XX.XX% |
XX.XX% |
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Operating Profit Margin |
-X.XX% |
-X.XX% |
| Efficiency Ratios | ||
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Inventory Turnover |
X.XXx |
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) |
XX,XXX |
XX,XXX |
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Net Cash |
-X,XXX |
-XX,XXX |
| Liquidity Ratios | ||
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Current Ratio |
XXX.XX% |
XX.XX% |
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Quick ratio |
XX.XX% |
XX.XX% |
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Doom's day ratio |
XX.XX% |
X.XX% |
| Leverage Ratios | ||
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Leverage ratio |
XXX.XX% |
XXX.XX% |
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Debt to equity |
XXX.XX% |
XXX.XX% |
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Debt to total assets |
XX.XX% |
XX.XX% |
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Long Term Debt to Capital |
XX.XX% |
XX.XX% |
| Trend Ratios | ||
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Revenue Trend |
XX.X% |
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Net Income Trend |
XX.XX% |
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Operating Income Trend |
XX.XX% |
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