Register

Institutional Sign In

Go
Home » Companies » Manufacturing in Czechia » Kovolit Hedvikov

Kovolit Hedvikov

Kovolit Hedvikov's net profit rose 101% yoy to CZK 86.1 mil in 2023

By Helgi Library - March 12, 2025

Kovolit Hedvikov made a net profit of CZK 86.1 mil in 2023, up 101% compared to the previous year. Total sales reached CZK 1,898 mil...

Kovolit Hedvikov's Net Debt/EBITDA fell 23.5% yoy to 1.97 in 2023

By Helgi Library - March 12, 2025

Kovolit Hedvikov's net debt stood at CZK 435 mil and accounted for 55.9% of equity at the end of 2023. The ratio is down...

Kovolit Hedvikov's ROCE rose 104% yoy to 6.20% in 2023

By Helgi Library - March 12, 2025

Kovolit Hedvikov made a net profit of CZK 86.1 mil in 2023, up 101% compared to the previous year. Historically, between 201...

Profit Statement 2021 2022 2023
Sales CZK mil 1,629 1,943 1,898
Gross Profit CZK mil 594 670 681
EBITDA CZK mil 163 202 221
EBIT CZK mil 15.9 68.0 93.8
Financing Cost CZK mil 12.7 13.9 20.7
Pre-Tax Profit CZK mil 77.7 52.5 114
Net Profit CZK mil 63.4 42.8 86.1
Dividends CZK mil 32.4 8.50 ...
Balance Sheet 2021 2022 2023
Total Assets CZK mil 1,757 1,793 1,624
Non-Current Assets CZK mil 830 770 722
Current Assets CZK mil 914 1,012 890
Working Capital CZK mil 549 669 619
Shareholders' Equity CZK mil 700 789 778
Liabilities CZK mil 1,057 1,004 846
Total Debt CZK mil 621 547 444
Net Debt CZK mil 564 520 435
Ratios 2021 2022 2023
ROE % 9.42 5.74 11.0
ROCE % 4.52 3.04 6.20
Gross Margin % 36.5 34.5 35.9
EBITDA Margin % 10.00 10.4 11.6
EBIT Margin % 0.974 3.50 4.94
Net Margin % 3.89 2.20 4.54
Net Debt/EBITDA 3.46 2.58 1.97
Net Debt/Equity % 80.6 65.8 55.9
Cost of Financing % 1.91 2.39 4.18
Cash Flow 2021 2022 2023
Total Cash From Operations CZK mil 203 103 148
Total Cash From Investing CZK mil -102 -66.0 -73.3
Total Cash From Financing CZK mil -94.5 -55.7 -104
Net Change In Cash CZK mil 6.65 -29.2 -18.6
Cash Conversion Cycle days 135 136 135
Cash Earnings CZK mil 210 177 213
Free Cash Flow CZK mil 101 37.1 74.9

Get all company financials in excel:

Download Sample   $19.99

overview Unit 2016 2017 2018 2019 2020 2021 2022 2023
income statement                
Sales CZK mil   2,126 2,099 1,735 1,365 1,629    
Gross Profit CZK mil   781 746 664 574 594    
EBIT CZK mil   126 86.7 46.3 31.2 15.9    
Net Profit CZK mil ... 172 5.41 -28.2 67.2 63.4    
                   
ROE %   24.2 0.892 -4.74 11.0 9.42    
EBIT Margin %   5.92 4.13 2.67 2.28 0.974    
Net Margin %   8.08 0.257 -1.62 4.92 3.89    
Employees ... ... ... ... ... ...    
balance sheet                
Total Assets CZK mil   2,005 1,930 1,790 1,797 1,757    
Non-Current Assets CZK mil   1,006 999 984 875 830    
Current Assets CZK mil   982 918 799 906 914    
                   
Shareholders' Equity CZK mil   604 609 579 646 700    
Liabilities CZK mil   1,401 1,321 1,210 1,151 1,057    
Non-Current Liabilities CZK mil   572 459 365 306 195    
Current Liabilities CZK mil   818 859 846 836 861    
                   
Net Debt/EBITDA   3.30 3.53 3.68 3.53 3.46    
Net Debt/Equity %   164 149 136 103 80.6    
Cost of Financing % ... 1.79 2.30 2.38 2.16 1.91    
cash flow                
Total Cash From Operations CZK mil ... -89.8 243 273 172 203    
Total Cash From Investing CZK mil ... -149 -164 -152 -48.7 -102    
Total Cash From Financing CZK mil ... 237 -78.8 -103 -92.3 -94.5    
Net Change In Cash CZK mil ... -2.09 -0.073 17.9 30.5 6.65    
income statement Unit 2016 2017 2018 2019 2020 2021 2022 2023
income statement                
Sales CZK mil   2,126 2,099 1,735 1,365 1,629    
Cost of Goods & Services CZK mil   1,345 1,354 1,071 791 1,035    
Gross Profit CZK mil   781 746 664 574 594    
Staff Cost CZK mil   452 460 429 378 413    
Other Operating Cost (Income) CZK mil   29.6 27.5 21.0 7.73 18.3    
EBITDA CZK mil   299 258 214 189 163    
Depreciation CZK mil ... 173 171 168 158 147    
EBIT CZK mil   126 86.7 46.3 31.2 15.9    
Net Financing Cost CZK mil   -68.2 78.9 81.1 -50.5 -61.9    
Financing Cost CZK mil   15.6 21.9 20.4 16.4 12.7    
Financing Income CZK mil   139 6.97 53.6 79.7 107    
Extraordinary Cost CZK mil   0 0 0 0 0    
Pre-Tax Profit CZK mil   194 7.79 -34.8 81.7 77.7    
Tax CZK mil   22.4 2.39 -6.61 14.6 14.3    
Net Profit CZK mil ... 172 5.41 -28.2 67.2 63.4    
Net Profit Avail. to Common CZK mil   172 5.41 -28.2 67.2 63.4    
Dividends CZK mil ... ... ... ... ... 32.4   ...
growth rates                
Total Revenue Growth % ... 4.78 -1.24 -17.4 -21.3 19.3    
Staff Cost Growth % ... 4.76 1.85 -6.70 -12.1 9.31    
EBITDA Growth % ... 2.11 -13.8 -17.0 -11.8 -13.7    
EBIT Growth % ... 1.42 -31.2 -46.6 -32.7 -49.1    
Pre-Tax Profit Growth % ... 85.8 -96.0 -546 -335 -4.87    
Net Profit Growth % ... 96.4 -96.9 -621 -338 -5.60    
ratios                
ROE %   24.2 0.892 -4.74 11.0 9.42    
ROA %   8.68 0.275 -1.52 3.74 3.57    
ROCE % ... 10.1 0.322 -1.78 4.55 4.52    
Gross Margin %   36.7 35.5 38.3 42.1 36.5    
EBITDA Margin %   14.1 12.3 12.3 13.8 10.00    
EBIT Margin %   5.92 4.13 2.67 2.28 0.974    
Net Margin %   8.08 0.257 -1.62 4.92 3.89    
Payout Ratio % ... ... ... ... ... 51.1   ...
Cost of Financing % ... 1.79 2.30 2.38 2.16 1.91    
Net Debt/EBITDA   3.30 3.53 3.68 3.53 3.46    
balance sheet Unit 2016 2017 2018 2019 2020 2021 2022 2023
balance sheet                
Cash & Cash Equivalents CZK mil   1.57 1.50 19.4 49.9 56.5    
Receivables CZK mil   605 519 444 483 456    
Inventories CZK mil   375 398 335 373 401    
Other ST Assets CZK mil   < 0.001 < -0.001 0 0 < -0.001    
Current Assets CZK mil   982 918 799 906 914    
Property, Plant & Equipment CZK mil   1,001 991 978 872 829    
LT Investments & Receivables CZK mil   < 0.001 < 0.001 < 0.001 < -0.001 < 0.001    
Intangible Assets CZK mil   5.17 7.50 5.79 3.17 0.960    
Goodwill CZK mil   0 0 0 0 0    
Non-Current Assets CZK mil   1,006 999 984 875 830    
Total Assets CZK mil   2,005 1,930 1,790 1,797 1,757    
                   
Trade Payables CZK mil   279 263 241 303 308    
Short-Term Debt CZK mil   474 535 509 478 490    
Other ST Liabilities CZK mil   65.2 61.1 95.6 54.7 62.8    
Current Liabilities CZK mil   818 859 846 836 861    
Long-Term Debt CZK mil   515 375 298 237 131    
Other LT Liabilities CZK mil   57.1 83.6 66.6 69.6 63.8    
Non-Current Liabilities CZK mil   572 459 365 306 195    
Liabilities CZK mil   1,401 1,321 1,210 1,151 1,057    
Equity Before Minority Interest CZK mil   604 609 579 646 700    
Minority Interest CZK mil   0 0 0 0 0    
Equity CZK mil   604 609 579 646 700    
growth rates                
Total Asset Growth % ... 2.78 -3.77 -7.25 0.404 -2.21    
Shareholders' Equity Growth % ... -26.0 0.780 -4.82 11.5 8.43    
Net Debt Growth % ... 31.9 -7.97 -13.3 -15.6 -15.2    
Total Debt Growth % ... 31.4 -7.96 -11.3 -11.4 -13.2    
ratios                
Total Debt CZK mil   989 910 807 715 621    
Net Debt CZK mil   988 909 788 665 564    
Working Capital CZK mil   701 654 538 553 549    
Capital Employed CZK mil   1,707 1,653 1,522 1,428 1,379    
Net Debt/Equity %   164 149 136 103 80.6    
Current Ratio   1.20 1.07 0.945 1.08 1.06    
Quick Ratio   0.741 0.606 0.548 0.637 0.595    
cash flow Unit 2016 2017 2018 2019 2020 2021 2022 2023
cash flow                
Net Profit CZK mil ... 172 5.41 -28.2 67.2 63.4    
Depreciation CZK mil ... 173 171 168 158 147    
Non-Cash Items CZK mil ... -393 18.7 18.6 -38.5 -11.1    
Change in Working Capital CZK mil ... -42.0 47.4 115 -14.6 3.97    
Total Cash From Operations CZK mil ... -89.8 243 273 172 203    
                   
Capital Expenditures CZK mil ... -149 -164 -152 -48.7 -102    
Total Cash From Investing CZK mil ... -149 -164 -152 -48.7 -102    
                   
Dividends Paid CZK mil ... ... ... ... ... ...    
Issuance Of Shares CZK mil ... ... ... ... ... ...    
Issuance Of Debt CZK mil ... 237 -78.8 -103 -92.3 -94.5    
Total Cash From Financing CZK mil ... 237 -78.8 -103 -92.3 -94.5    
Net Change In Cash CZK mil ... -2.09 -0.073 17.9 30.5 6.65    
ratios                
Days Sales Outstanding days   104 90.2 93.5 129 102    
Days Sales Of Inventory days   102 107 114 172 142    
Days Payable Outstanding days   75.7 70.8 82.1 140 109    
Cash Conversion Cycle days   130 127 126 162 135    
Cash Earnings CZK mil   345 177 139 225 210    
Free Cash Flow CZK mil ... -239 78.7 121 123 101    
Capital Expenditures (As % of Sales) % ... 7.00 7.81 8.79 3.57 6.27    
other ratios Unit 2016 2017 2018 2019 2020 2021 2022 2023
                 
Employees ... ... ... ... ... ...    
Cost Per Employee USD per month ... ... ... ... ... ...    
Cost Per Employee (Local Currency) CZK per month ... ... ... ... ... ...    
Material & Energy (As % of Sales) %   46.3 43.0 42.0 39.0 44.2    
Services (As % of Sales) %   17.0 21.5 19.7 19.0 19.3    
Staff Cost (As % of Sales) %   21.3 21.9 24.8 27.7 25.3    
Effective Tax Rate %   11.5 30.6 19.0 17.8 18.4    
Total Revenue Growth (5-year average) % ... ... ... ... ... -4.30    

Get all company financials in excel:

Download Sample   $19.99

Kovolit Hedvikov's Capital Expenditures fell 11.0% yoy to CZK 73.3 mil in 2023

By Helgi Library - March 12, 2025

Kovolit Hedvikov invested a total of CZK 73.3 mil in 2023, up 11% compared to the previous year. Historically, between 2017 - 2023, the company's investments stood at a high of CZK 164 mil in 2018 and a low of CZK 48.7 mil in 2020. As...

Kovolit Hedvikov's Net Margin rose 106% yoy to 4.54% in 2023

By Helgi Library - March 12, 2025

Kovolit Hedvikov made a net profit of CZK 86.1 mil with revenues of CZK 1,898 mil in 2023, up by 101% and down by 2.36%, respectively, compared to the previous year. This translates into a net margin of 4.54%. Historically, between 2016 and 2023, th...

More News

Finance

Kovolit Hedvikov has been growing its sales by a year on average in the last 5 years. EBITDA has grown by 0% during that time to total of in 2023, or of sales. That’s compared to % average margin seen in last five years.

The company netted in 2023 implying ROE of and ROCE of . Again, the average figures were % and %, respectively when looking at the previous 5 years.

Kovolit Hedvikov’s net debt amounted to at the end of 2023, or of equity. When compared to EBITDA, net debt was x, up when compared to average of x seen in the last 5 years.

More Companies in Czech Manufacturing Sector

Helgi Library
Eliášova 38, Prague 6, 160 00, Czech Republic
Copyright © 2025 Helgi Library. All rights reserved.