|
Kindly note
the correct name should be “Anttila”not Antilla”
Anttila Oy
Valimotie 17
00380 Helsinki
PL 1060, 00016 Kesko
summary
Telephone +358
0105343
Telefax +358
0105340199
Trade register number 345074
Registered 31.12.1984
Business ID 05766873
Business started 01.01.1984
Turnover
In 2007, the turnover amounted to 558.745
thousand EUR, the length of the accounting period was 12 months, and the
period ended on 31.12.2007.
Number of employees In 2007,
the number of employees amounted to 2.045.
Line of business The
company´s investigated line of business on 22.09.2006 is: retail sale in
department stores (52122).
Maximum credit recommendation
2.500.000 EUR
Basics
Company form Joint-stock
company
Type of
ownership Private Finnish
Share capital Paid share
capital: 17.091.967 EUR
Number of
shares 20324844 pc.
Activity In
2007, the turnover amounted to 558.745 thousand EUR, the length of the
accounting period was 12 months, and the period ended on 31.12.2007.
In 2007, the number of employees
amounted to 2.045.
The company´s branches are Espoo,
Vantaa, Hyvinkää, Hämeenlinna, Joensuu, Jyväskylä, Jyväskylän Mlk, Kajaani,
Kerava, Kokkola, Kotka, Kouvola, Kuopio, Lahti, Lappeenranta, Mikkeli,
Oulu, Pori, Salo, Seinäjoki, Tampere, Turku, Vaasa.
The company´s investigated line of
business on 22.09.2006 is: retail sale in department stores (52122).
The company´s investigated secondary
lines of business on 01.11.2004 are retail sale of furniture; retail sale
of a wide array of products via mail order houses and net commerce.
The company is engaged in export and
import. The company´s main export country is Estonia.
The company works in rented premises.
Number of the company´s offices is 39.
The company has been VAT liable for the
transfer of rights to use immovable property since 01.03.2006.
The company has been in the Prepayment
register since 01.03.1995. Validity to be checked on 28.02.2009.
The company has been VAT liable for
business activity since 01.06.1994.
The company has been in the Employer
Register since 01.10.1989.
According to an account of 22.09.2006, the
company´s banker/financier is OKO Bank plc -Helsinki.
Other names Auxiliary business name: Kodin Ykkönen
Auxiliary business name: NetAnttila
Auxiliary business name: Teräs
Business name: Anttila Postimyynti
Business name: Kodin Ykkönen
Business name: NetAnttila.com
Payments
The company has no registered payment defaults.
The company´s average delay of 9 months is 0 days
Persons in charge
Managing
director
Leminen Matti Juhani, from 19.10.1998 on
231151-205F, Espoo
Participation in 7 companies on the basis of the identity number, the
companies have no payment defaults.
Chairman
Halmesmäki Matti Veikko Iisakki, from 12.02.2007 on
220552-101W, Helsinki
Participation in 6 companies on the basis of the identity number, the
companies have no payment defaults.
Ordinary member
Kalliokoski Terho Jaakko, from 12.02.2007 on
291161-005F, Kirkkonummi
Participation in 7 companies on the basis of the identity number, the
companies have no payment defaults.
Ordinary member
Laitasalo Riitta Helena, from 22.05.2001 on
060855-2641, Espoo
Participation in 5 companies on the basis of the identity number, the
companies have no payment defaults.
Ordinary
member
Talma Arja Aila Hannele, from 12.06.2007 on
190462-070R, Helsinki
Participation in 13 companies on the basis of the identity number, the
companies have no payment defaults.
Authorised signatures
According to
the statutes, a member of the Board and the managing director sign for the
firm jointly, and the members of the Board, two jointly.
Procuration
rights have not been granted.
Shareholders
According to
information received from the company on 31.12.2007, shareholders are:
Kesko Oyj, VAT
No. 01098628, with 100,0% of the shares
Business mortgages
Business
mortgages total altogether 136 thousand EUR.
Group structure
The company is
parent company in the group Anttila -konserni.
Summary of the
financial statement analysis
|
Volume
|
|
Profitability
|
|
|
|
|
|
|
2005
|
2006
|
2007
|
|
|
Company
|
3,4
|
6,0
|
3,0
|
|
|
Line of
business
|
0,6
|
2,5
|
-0,5
|
|
|
Lower
quartile
|
-2,7
|
-1,9
|
-3,5
|
|
|
Upper
quartile
|
6,2
|
6,4
|
2,3
|
|
|
|
|
|
2005
|
2006
|
2007
|
|
|
Company
|
25,2
|
37,4
|
31,7
|
|
|
Line of
business
|
6,7
|
8,8
|
7,4
|
|
|
Lower
quartile
|
1,3
|
0,0
|
0,0
|
|
|
Upper
quartile
|
12,2
|
17,5
|
11,4
|
|
|
|
|
|
|
|
Solvency
|
|
Liquidity
|
|
|
|
|
|
|
2005
|
2006
|
2007
|
|
|
Company
|
22,0
|
21,6
|
21,0
|
|
|
Line of
business
|
34,5
|
37,4
|
14,9
|
|
|
Lower
quartile
|
9,0
|
9,5
|
7,2
|
|
|
Upper
quartile
|
51,2
|
48,9
|
37,6
|
|
|
|
|
|
2005
|
2006
|
2007
|
|
|
Company
|
1,8
|
1,2
|
1,2
|
|
|
Line of
business
|
1,5
|
1,4
|
1,3
|
|
|
Lower
quartile
|
1,2
|
1,2
|
1,3
|
|
|
Upper
quartile
|
2,3
|
1,7
|
1,6
|
|
|
Financial statement analysis
The financial statement
analysis is based on the financial statement data of Anttila Oy in the
accounting period as at 31.12.2007. The analysis also utilizes the data of
the accounting periods 2003-2006.
Industry
comparison
The comparison
includes 10 companies in the industry class 52122 (Retail sale in
department stores) from the period 2007. The risk of bankruptcy in the line
is 0.0 %, and the risk of payment defaults 0.0 %. The risk of payment
defaults is clearly lower than average.
Volume
The turnover
of Anttila Oy is very large (559 mill EUR) in relation to all active
companies. This may reduce the company´s liability to risk, as the company
has a considerable amount of resources related with large size. In its
line, the company is clearly larger than average (7.2 mill EUR). The change
in turnover from the previous period is 3.0 %. In the line, the turnover
decreased in the previous period. The company´s turnover has developed in a
clearly more positive way than in the line. Due to this, the subject may fast
increase its market share, provided that the trend continues in the future.
In the latest accounting period, the company employed 2,045 persons on
average. The turnover per person is 273 tEUR, which is very good compared
with the line (median 168 tEUR). Thus, the productivity of labour is on a
very high level.
Profitability
Also the
operating result in % (3.5 %) is good, compared with the line (1.5 %). The
central ratio for profitability, return on investment, is very good (31.7
%). This is clearly better than the average in the line (median 7.4 %), and
indicates really good possibilities for operation. In the long term, the
development of profitability has been exceptionally positive.
If, instead of the return on investment, the
return on assets is calculated, taking also into account interest-free
loans, the return ratio is 14.4 %. The company has a lot of interest-free
loans, due to which the return on assets remains on a considerably lower
level than the return on investment. Thus, the company has succeeded in
acquiring a lot of financing with favourable terms and to raise the return
to be calculated for capital at interest. The return on assets is very
good, in relation to the line of business (5.4%).
Liquidity
The liquidity
is satisfactory, measured by current ratio (1.2), which is considerably
lower than the average in the line (median 1.3). The company´s financial
buffer is very small. The average age of accounts receivable of the company
(24 days) is long compared with the line of business (11 days). The sales
receivable are received to cash really slowly, which encumbers the
liquidity and may indicate risk-bearing clients.
Solvency
The solvency
of Anttila Oy is passable, measured by equity ratio (21.0 %). Median of the
equity ratio in the line is 14.9 %. The company´s net gearing is 1.8, which
can be considered satisfactory. The relative indebtedness is 22.1%, which
is good compared with the median in the line (25.0%). However, in the light
of the capital structure indicators, the company´s debt burden is high.
Summary and remarks
The company has the qualifications to
improve its solvency in the future, provided that the profitability remains
on the present level.
The verbal interpretation of the financial statements
analysis has been produced programmatically from unadjusted financial
statements.
Audit of the accounts
Auditor
in the accounting period as at 01.01.2007 - 31.12.2007:
KHT Holopainen Hannu, Pricewaterhouse Coopers Oy
|
|
|
|
Company´s payment defaults and other
credit information entries
The company has no registered payment defaults
|
|
|
|
Payment behaviour during the past 9 months
|
|
|
|
Period
|
Company´s
payment delay, days, average
|
Payment delay
in the line of business, days, average
|
The
average amount of invoices in euros
|
Number of
invoices in total
|
Number of
positive payment observations
|
With a
delay of more than 30 days
|
|
7/2008
|
|
|
|
|
|
|
|
6/2008
|
0
|
|
247
|
110
|
110
|
|
|
5/2008
|
0
|
0
|
315
|
75
|
70
|
|
|
4/2008
|
0
|
0
|
327
|
68
|
65
|
|
|
3/2008
|
0
|
0
|
828
|
83
|
82
|
|
|
2/2008
|
0
|
1
|
906
|
84
|
83
|
|
|
1/2008
|
1
|
0
|
490
|
288
|
219
|
|
|
12/2007
|
0
|
0
|
1126
|
92
|
90
|
|
|
11/2007
|
0
|
1
|
702
|
143
|
142
|
|
|
|
|
|
|
|
|
|
|
|
The company´s average delay of 9 months is 0 days
|
|
|
|
|
|
|
|
|
|
Name
|
|
Nationality
|
Resigned
|
|
|
|
|
Jauro Eeva
Johanna, Hattula
|
Authorised signatory
|
FI
|
|
|
|
181168
|
The authorised persons sign for the firm two jointly, or separately
with a Board member or the managing director.
|
|
|
Majoinen
Mika-Veli, Helsinki
|
Authorised signatory
|
FI
|
|
|
|
131063
|
The authorised persons sign for the firm two jointly,
or separately with a Board member or the managing director.
|
|
|
Matikka
Veikko Juhani, Espoo
|
Authorised signatory
|
FI
|
|
|
|
220449
|
The authorised persons sign for the firm two jointly,
or separately with a Board member or the managing director.
|
|
|
Pesonen
Tapio Antero, Espoo
|
Authorised signatory
|
FI
|
|
|
|
271257
|
The authorised persons sign for the firm two jointly,
or separately with a Board member or the managing director.
|
|
|
Riitala
Ismo Mika Taneli, Espoo
|
Authorised signatory
|
FI
|
|
|
|
141162
|
The authorised persons sign for the firm two jointly,
or separately with a Board member or the managing director.
|
|
|
Björklund
Jonna Marjut, Espoo
|
Authorised signatory
|
FI
|
Right expired on 04.05.2008
|
|
|
250172
|
The authorised persons sign for the firm two jointly,
or separately with a Board member or the managing director.
|
|
|
Nieminen Pekka Ensio, Helsinki
|
Authorised signatory
|
FI
|
Right expired on 11.11.2007
|
|
|
120844
|
The authorised persons sign for the firm two jointly,
or separately with a Board member or the managing director.
|
|
|
|
|
|
|
|
Numbers
|
Amount
|
Amount, each
|
Creditor or holder/ Receiver of secondary
mortgage
|
Date of
application
|
|
|
|
001 - 003
|
3
|
33,6 t EUR
|
Kera Oy
|
17.03.1987
|
|
|
|
|
|
|
|
004
|
1
|
35,3 t EUR
|
Kera Oy
|
17.03.1987
|
|
|
|
|
|
|
|
Business mortgages, total
|
136,2 t EUR
|
|
|
The register is not equivalent to the official extract. The
official extracts are available at the trade register.
|
|
|
|
|
|
|
|
Summary of the profit and loss account (t
EUR)
|
|
|
|
|
31.12.2007
12 months
|
31.12.2006
12 months
|
31.12.2005
12 months
|
|
Turnover
|
558.745,0
|
542.727,8
|
512.092,9
|
|
Other operating income
|
11.371,0
|
3.587,7
|
7.639,4
|
|
Raw materials and services
|
-372.311,0
|
-357.175,5
|
-334.508,9
|
|
Gross result
|
197.805,0
|
189.139,9
|
185.223,4
|
|
Other operating expenses
|
-174.001,0
|
-162.428,1
|
-161.879,3
|
|
Depreciation
|
-4.020,0
|
-4.933,6
|
-3.876,3
|
|
Operating result
|
19.784,0
|
21.778,5
|
19.467,6
|
|
Financing income
|
2.058,0
|
1.477,5
|
825,0
|
|
Financing expenses
|
-3.181,0
|
-2.485,8
|
-1.847,8
|
|
Result before extraordinary items
|
18.661,0
|
20.769,8
|
18.444,8
|
|
Extraordinary items
|
-17.200,0
|
-20.000,0
|
-17.000,0
|
|
Result before appropriations and taxes
|
1.461,0
|
769,8
|
1.444,8
|
|
Appropriations
|
|
|
|
|
Direct taxes
|
-20,0
|
-303,4
|
18,6
|
|
|
|
|
|
|
Result for the financial year
|
1.441,0
|
466,4
|
1.463,4
|
|
|
|
|
Summary of the profit and
loss account
(t EUR)
|
|
|
|
|
31.12.2004
12 months
|
31.12.2003
12 months
|
31.12.2002
12 months
|
|
Turnover
|
495.226,0
|
456.644,5
|
436.580,7
|
|
Other operating income
|
7.596,0
|
7.488,3
|
7.941,4
|
|
Raw materials and services
|
-320.183,0
|
-294.432,1
|
-277.695,8
|
|
Gross result
|
182.639,0
|
169.700,7
|
166.826,3
|
|
Other operating expenses
|
-162.502,0
|
-159.464,9
|
-159.333,8
|
|
Depreciation
|
-4.392,0
|
-5.195,5
|
-6.817,7
|
|
Operating result
|
15.745,0
|
5.040,3
|
674,7
|
|
Financing income
|
700,0
|
1.628,1
|
1.547,6
|
|
Financing expenses
|
-2.472,0
|
-4.229,6
|
-4.113,1
|
|
Result before extraordinary items
|
13.973,0
|
2.438,8
|
-1.890,8
|
|
Extraordinary items
|
-13.500,0
|
|
|
|
Result before appropriations and taxes
|
473,0
|
2.438,8
|
-1.890,8
|
|
Appropriations
|
|
|
|
|
Direct taxes
|
-53,0
|
-359,9
|
-13,2
|
|
|
|
|
|
|
Result for the financial year
|
421,0
|
2.078,9
|
-1.904,0
|
|
|
|
|
|
|
|
|
Profit and loss account (t EUR)
|
|
|
31.12.2007 12 months
|
|
|
PROFIT AND
LOSS ACCOUNT
|
|
|
|
|
TURNOVER
|
558.745,0
|
|
|
|
Other
operating income
|
11.371,0
|
|
|
|
Materials
and services
|
|
|
|
|
Materials,
supplies and goods
|
|
|
|
|
Purchases
during the fiscal period
|
-369.048,0
|
|
|
|
Change in
raw material inventories
|
8.825,0
|
|
|
|
Outsourced
services
|
-12.088,0
|
|
|
|
Personnel
expenses
|
|
|
|
|
Salaries
and wages
|
-58.138,0
|
|
|
|
Social
security expenses
|
|
|
|
|
Other
social security expenses
|
-13.139,0
|
|
|
|
Depreciation
and reductions in value
|
|
|
|
|
Depreciation
according to plan
|
-4.020,0
|
|
|
|
Other
operating expenses
|
-102.724,0
|
|
|
|
OPERATING
RESULT
|
19.784,0
|
|
|
|
Financial
income and expenses
|
|
|
|
|
Income on
investments in group companies
|
476,0
|
|
|
|
Other interest
and financial income
|
1.582,0
|
|
|
|
Interest
and other financial expenses
|
-3.181,0
|
|
|
|
RESULT
BEFORE EXTRAORDINARY ITEMS
|
18.661,0
|
|
|
|
Extraordinary
items
|
|
|
|
|
Extraordinary
expenses
|
-17.200,0
|
|
|
|
RESULT
BEFORE CLOSING ENTRIES AND TAXES
|
1.461,0
|
|
|
|
Closing
entries
|
|
|
|
|
Income
taxes
|
-20,0
|
|
|
|
|
|
|
|
|
RESULT FOR
THE FISCAL PERIOD
|
1.441,0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
Summary of the balance
sheet (t EUR)
|
|
|
|
|
31.12.2007
12 months
|
31.12.2006
12 months
|
31.12.2005
12 months
|
|
Intangible assets
|
3.275,0
|
3.366,5
|
4.231,3
|
|
Tangible assets
|
10.222,0
|
8.854,9
|
9.313,2
|
|
Investments
|
46,0
|
46,1
|
47,4
|
|
Stocks
|
99.085,0
|
90.260,3
|
89.277,8
|
|
Current financial assets
|
44.183,0
|
43.029,9
|
37.735,1
|
|
Subscribed capital
|
17.092,0
|
17.092,0
|
17.092,0
|
|
Reserves
|
21.377,0
|
21.376,6
|
21.376,6
|
|
Retained earnings
|
-7.059,0
|
-7.525,9
|
-8.989,2
|
|
Result for the financial year
|
1.441,0
|
466,4
|
1.463,4
|
|
Subordinated loans
|
|
|
|
|
Accumulated appropriations
|
|
|
|
|
Provisions
|
581,0
|
381,0
|
|
|
Long-term debts
|
|
0,0
|
37.475,0
|
|
Current liabilities
|
123.379,0
|
113.767,5
|
72.186,9
|
|
|
|
|
|
|
Balance sheet total
|
156.811,0
|
145.557,7
|
140.604,6
|
|
|
|
Summary of the balance
sheet (t EUR)
|
|
|
|
|
31.12.2004
12 months
|
31.12.2003
12 months
|
31.12.2002
12 months
|
|
Intangible assets
|
3.343,0
|
4.247,1
|
5.161,4
|
|
Tangible assets
|
9.350,0
|
11.191,1
|
14.318,0
|
|
Investments
|
1.215,0
|
1.214,8
|
1.214,8
|
|
Stocks
|
88.284,0
|
97.712,8
|
94.714,2
|
|
Current financial assets
|
33.222,0
|
31.232,8
|
29.719,8
|
|
Subscribed capital
|
17.092,0
|
17.092,0
|
17.092,0
|
|
Reserves
|
21.377,0
|
21.376,6
|
21.433,6
|
|
Retained earnings
|
-9.411,0
|
-11.489,5
|
-9.585,5
|
|
Result for the financial year
|
421,0
|
2.078,9
|
-1.904,0
|
|
Subordinated loans
|
|
|
|
|
Accumulated appropriations
|
|
|
|
|
Provisions
|
|
|
|
|
Long-term debts
|
38.625,0
|
9.775,0
|
67.175,1
|
|
Current liabilities
|
67.310,0
|
106.765,7
|
50.917,0
|
|
|
|
|
|
|
Balance sheet total
|
135.414,0
|
145.598,7
|
145.128,2
|
|
|
|
|
|
|
|
31.12.2007 12 months
|
|
|
BALANCE
SHEET
|
|
|
|
|
ASSETS
|
|
|
|
|
FIXED AND
OTHER NON-CURRENT ASSETS
|
|
|
|
|
Intangible
assets
|
|
|
|
|
Other
capitalised expenses
|
3.122,0
|
|
|
|
Advances
paid
|
153,0
|
|
|
|
Tangible
assets
|
|
|
|
|
Machinery and
equipment
|
10.222,0
|
|
|
|
Investments
|
|
|
|
|
Shares/Similar
rights of ownership in group compa
|
27,0
|
|
|
|
Shares/Similar
rights of ownership in associated
|
19,0
|
|
|
|
CURRENT
ASSETS
|
|
|
|
|
Inventories
and work-in-progress
|
|
|
|
|
Finished
goods
|
99.085,0
|
|
|
|
Receivables
|
|
|
|
|
Long term
receivables
|
|
|
|
|
Short term
receivables
|
|
|
|
|
Trade
receivables
|
36.792,0
|
|
|
|
Other receivables
|
1,0
|
|
|
|
Prepaid
expenses and accrued income
|
4.368,0
|
|
|
|
Financial
assets
|
|
|
|
|
Cash in
hand and at banks
|
3.022,0
|
|
|
|
|
|
|
|
|
BALANCE
SHEET TOTAL
|
156.811,0
|
|
|
|
|
|
|
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SHAREHOLDERS´
EQUITY AND LIABILITIES
|
|
|
|
|
SHAREHOLDERS´
EQUITY
|
|
|
|
|
Share
capital, subscribed capital of a co-operati
|
17.092,0
|
|
|
|
Share
premium
|
14.649,0
|
|
|
|
Other
reserves
|
|
|
|
|
Other reserves
|
6.728,0
|
|
|
|
Retained
earnings (losses)
|
-7.059,0
|
|
|
|
Result for
the fiscal period
|
1.441,0
|
|
|
|
COMPULSORY
PROVISIONS
|
|
|
|
|
Other
compulsory provisions
|
581,0
|
|
|
|
LIABILITIES
|
|
|
|
|
Short term
liabilities
|
|
|
|
|
Advances
received
|
394,0
|
|
|
|
Trade
payables
|
40.743,0
|
|
|
|
Other
loans and liabilities
|
61.305,0
|
|
|
|
Deferred
income and accrued expenses
|
20.937,0
|
|
|
|
|
|
|
|
|
BALANCE
SHEET TOTAL
|
156.811,0
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
|
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|
Accounting period
|
31.12.2007
|
31.12.2006
|
31.12.2005
|
31.12.2004
|
31.12.2003
|
|
Volume
|
|
|
|
|
|
|
Turnover EUR 1000
|
558.745,0
|
542.727,8
|
512.092,9
|
495.226,0
|
456.644,5
|
|
Change in turnover in %
|
3,0
|
6,0
|
3,4
|
8,4
|
4,6
|
|
Turnover/person EUR 1000
|
273,2
|
255,8
|
498,6
|
236,5
|
218,3
|
|
Profitability
|
|
|
|
|
|
|
Operating margin (EBITDA) in %
|
4,2
|
4,9
|
4,5
|
4,0
|
2,2
|
|
Operating result (EBIT) in %
|
3,5
|
4,0
|
3,7
|
3,1
|
1,1
|
|
Return on investment in %
|
31,7
|
37,4
|
25,2
|
25,1
|
8,7
|
|
Return on total assets in %
|
14,4
|
16,3
|
14,7
|
11,7
|
4,6
|
|
Liquidity
|
|
|
|
|
|
|
Quick ratio
|
0,4
|
0,4
|
0,5
|
0,5
|
0,3
|
|
Current ratio
|
1,2
|
1,2
|
1,8
|
1,8
|
1,2
|
|
Solvency
|
|
|
|
|
|
|
Equity ratio in %
|
21,0
|
21,6
|
22,0
|
21,8
|
20,0
|
|
Net gearing
|
1,8
|
0,2
|
1,5
|
1,7
|
0,7
|
|
Relative indebtedness in %
|
22,1
|
21,0
|
21,4
|
21,3
|
25,5
|
|
Working capital
|
|
|
|
|
|
|
Working capital ratio in %
|
17,0
|
15,9
|
16,8
|
16,4
|
20,2
|
|
Inventories/turnover in %
|
17,7
|
16,6
|
17,4
|
17,8
|
21,4
|
|
Sales receivable turnover in days
|
24
|
22
|
20
|
19
|
19
|
|
Accounts payable turnover in days
|
39
|
37
|
34
|
39
|
36
|
Ratios of the line of business
|
|
Line of
business 52122 Retail sale in department stores (16 kpl)
|
|
|
|
|
|
|
|
|
Year
|
2007
|
2006
|
2005
|
2004
|
2003
|
|
Companies
in the line
|
10
|
14
|
16
|
20
|
21
|
|
Volume
|
|
|
|
|
|
|
Turnover
EUR 1000
|
7.179,6
|
13.165,1
|
12.373,5
|
16.172,5
|
16.370,6
|
|
Change
in turnover in %
|
-0,5
|
2,5
|
0,6
|
4,7
|
3,9
|
|
Turnover/person
EUR 1000
|
168,0
|
154,6
|
176,3
|
185,4
|
182,1
|
|
Profitability
|
|
|
|
|
|
|
Operating
margin (EBITDA) in %
|
2,5
|
3,5
|
3,5
|
3,8
|
2,9
|
|
Operating
result (EBIT) in %
|
1,5
|
2,2
|
1,9
|
2,4
|
2,1
|
|
Return
on investment in %
|
7,4
|
8,8
|
6,7
|
7,4
|
8,4
|
|
Return
on total assets in %
|
5,4
|
7,2
|
4,6
|
5,6
|
5,2
|
|
Liquidity
|
|
|
|
|
|
|
Quick
ratio
|
0,4
|
0,4
|
0,5
|
0,4
|
0,6
|
|
Current
ratio
|
1,3
|
1,4
|
1,5
|
1,4
|
1,4
|
|
Solvency
|
|
|
|
|
|
|
Equity
ratio in %
|
14,9
|
37,4
|
34,5
|
29,7
|
20,9
|
|
Relative
indebtedness in %
|
25,0
|
22,8
|
22,7
|
21,5
|
24,5
|
|
Working
capital
|
|
|
|
|
|
|
Working
capital ratio in %
|
12,6
|
14,6
|
13,7
|
9,7
|
15,3
|
|
Inventories/turnover
in %
|
22,6
|
21,4
|
18,5
|
15,6
|
18,0
|
|
Sales
receivable turnover in days
|
11
|
12
|
10
|
7
|
3
|
|
Accounts
payable turnover in days
|
39
|
36
|
39
|
38
|
30
|
|
|
|
|
|
|
|
Line of business
|
All companies
|
|
Payment
default risk
|
0,0%
|
8,0%
|
|
Bankruptcy
risk
|
0,0%
|
0,8%
|
|
|
|
|
