Reading the annual reports…
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
First time this company is opened: we are analysing its official reports. This can take up to a minute; after that the page loads instantly.
Poland
In shortFabryka Farb I Lakierów "śnieżka" Spółka Akcyjna is profitable, generates cash and carries moderate debt, with revenue stable (−0.4% last year).
Financial health
Solid
Built from five areas over the last five annual reports. Tap an area to see the figures behind it.
| Operating marginShare of each sale left after running the business, before interest and tax. | 8.8% | 46/100 |
|---|---|---|
| Net marginShare of each sale left as profit after every cost, interest and tax. | 4.6% | 39/100 |
| Return on equityProfit earned on the money shareholders put in. Above 15% is strong. | 12.3% | 61/100 |
| Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge. | 9.2% | 61/100 |
Weight in the score: 25%
| Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash. | 0.97× | 14/100 |
|---|---|---|
| Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted. | 1.01× | 55/100 |
| Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable. | 2.61× | 40/100 |
| Interest coverageHow many times operating profit covers interest. Below 2 is risky. | 3.17× | 16/100 |
| Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress. | 2.75 | 42/100 |
Weight in the score: 25%
| Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt. | 12.4% | 70/100 |
|---|---|---|
| Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy. | 2.68× | 100/100 |
| Years with positive free cash flow (last 5) | 3 of 3 | 100/100 |
Weight in the score: 20%
| Profitable years (last 5) | 3 of 3 | 100/100 |
|---|---|---|
| Years of revenue decline (last 5) | 2 of 2 | 0/100 |
| Revenue growth volatility | 2.0% | 100/100 |
| Operating margin volatility | 2.0% | 91/100 |
Weight in the score: 20%
Fiscal year 2022 · change vs prior year
European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.
Annual figures as reported. Hover a bar or point for the exact value.
The last 3 fiscal years from the company's annual reports.
PLN millions; negative values in parentheses.
| Fiscal year | FY20 | FY21 | FY22 |
|---|---|---|---|
| Revenue | 821 | 795 | 792 |
| Cost of revenue | 476 | 480 | 487 |
| Gross profit | 346 | 315 | 304 |
| Operating income | 103 | 75 | 69 |
| Interest expense | 2.5 | 2.1 | 22 |
| Pre-tax income | 104 | 77 | 53 |
| Income tax | 18 | 12 | 12 |
| Net income | 78 | 60 | 37 |
| Diluted EPS | zł6.18 | zł4.73 | zł2.91 |
2.75 Safe zone
Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.
5/9
Nine yes-or-no tests on profitability, debt, liquidity and efficiency versus the prior year. 7 to 9 is strong, 0 to 3 is weak.
All figures: filings.xbrl.org (ESEF). Ratios and scores are computed by Scorvest (see how it works). Information only, not investment advice. How it works
Latest annual report: Dec 31, 2022 · Data updated Dec 31, 2022