Financial History
PETROS PETROPOULOS
(IN THOUSAND euro) 2019 2018 2017 2016 2015
Total Sales 117,593 94,757 73,619 93,282 80,292
Invoiced Sales 117,275 94,079 73,202 93,236 80,198
Gross Profit 19,419 17.763 14.716 15.628 14.705
Percent of Invoiced Sales) (16.6%) (18,9%) (20,1%) (16,8%) (18,3%)
Other Income 1,864 1,611 1,850 772 1,011
Marketing and Administrative Expenses (14,692) (13,964) (11,750) (11,799) (11,355)
(Percent of Invoiced Sales) 12.5% 14,8% 16% (12,7%) (14,2%)
Depreciation Included 769 773 911 1,023 952
Operating Profit 6,591 5,410 4,816 4,601 4,361
(Percent of Invoiced Sales) 5,6% 5,7% 6,5% (4,9%) (5,4%)
Losses from Revaluation of Property Investments - (70) (200) (640) (664)
Other Taxes - - - - (1,156)
Net Financial Expense (1,012) (1,091) (1,416) (1,506) (1,308)
Foreign Exchange Gain (Loss) (19) (12) (19) (19) (15)
Net Profit / (Losses) Before Tax 5,560 4,237 3,181 2,436 1,218
(Percent of Invoiced Sales) 4,7% 4,5% 4,3% (2,6%) (1,5%)
Income Tax (2,064) (1,682) (839) (1,097) (627)
Net Profit / (Losses) After Tax 3,496 2,555 2,342 1,339 591
BALANCE SHEET ITEMS (As at 31 December)
Fixed & Long Term Assets 15,786 20,418 23,000 26,143 29,604
Current Assets 39,557 33,633 28,570 25,316 21,292
Cash & Securities 8,736 7,750 13,512 12,746 18,597
Total Assets 64,079 61,801 65,082 64,205 69,493
Short Term Liabilities 20,458 20,394 22,973 24,861 29,686
Long Term Liabilities 7,698 9,350 11,967 10,265 9,014
Net Worth 35,923 32,057 30,142 29,079 30,793
EMPLOYMENT ITEMS
Average Number of Employees 146 138 111 111 113
Total Cost 6,718 6,595 5,181 5,208 5,634
Redundancy Compensation 130 653 77 99 331
Net Total Cost 6,588 5,942 5,104 5,109 5,303
Company Social Security Payments 1,247 1,134 960 938 957
KEY RATIOS
Solvecy 31/12 * 64,9% 59,3% 58,4% 56,5% 60,5%
Current Ratio 1.9 1.6 1.2 1.0 0.7
Total Employment Cost Per Person 45.1 43.1 46.0 46.0 46.9
Sales Per Employee 803 682 663 840 710
Weighted Average Number of Shares 7,070,400 7,006,507 7,070,400 6,999,918 6,992,898
Earnings / (Losses) per Share after Tax € 0,49 0,36 0,33 0,19 0,08
Capital Return per Share € - - - 0,10 0,10
Dividend per share € 0,10 - - 0,10 -