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Sunce Hoteli Dioničko Društvo ZA Turizam I Ugostiteljstvo financial health, profit and balance sheet · Scorvest

Croatia

Sunce Hoteli Dioničko Društvo ZA Turizam I Ugostiteljstvo

Fiscal year ends in December · Figures in HRK

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In shortSunce Hoteli Dioničko Društvo ZA Turizam I Ugostiteljstvo is profitable, burns cash and carries moderate debt, with revenue growing (+43.1% last year).

Financial health

Weak

Built from five areas over the last five annual reports. Tap an area to see the figures behind it.

How is this score calculated? →

Profitability28

Operating marginShare of each sale left after running the business, before interest and tax.	9.2%	47/100
Net marginShare of each sale left as profit after every cost, interest and tax.	4.9%	39/100
Return on equityProfit earned on the money shareholders put in. Above 15% is strong.	2.2%	11/100
Return on invested capitalProfit earned on all the capital used (equity and debt). Above 10% usually means a real competitive edge.	1.9%	13/100

Weight in the score: 25%

Balance sheet48

Current ratioShort-term assets divided by short-term debts. Below 1 can mean tight cash.	1.26×	39/100
Debt / equityDebt compared with the shareholders' stake. Above 2 is heavily indebted.	0.46×	86/100
Net debt / EBITDAYears of operating profit needed to repay net debt. Below 2 is comfortable.	2.81×	34/100
Interest coverageHow many times operating profit covers interest. Below 2 is risky.	–	n/a
Altman Z''Bankruptcy-risk model. Above 2.6 safe, below 1.1 distress.	2.32	31/100

Weight in the score: 25%

Cash generation6

Free cash flow marginCash left from each sale after investments. The money that can pay dividends or reduce debt.	-35.3%	0/100
Free cash flow / net incomeHow much accounting profit turns into real cash. Near 1 or above is healthy.	-7.25×	0/100
Years with positive free cash flow (last 5)	1 of 3	17/100

Weight in the score: 20%

Stability42
Profitable years (last 5) 2 of 3 67/100
Years of revenue decline (last 5) 0 of 2 100/100
Revenue growth volatility 64.7% 0/100
Operating margin volatility 30.1% 0/100
Weight in the score: 20%
Growth–
Revenue growth, 3-year average – n/a
EPS growth, 3-year average – n/a
Weight in the score: 10%

Profitable years (last 5)	2 of 3	67/100
Years of revenue decline (last 5)	0 of 2	100/100
Revenue growth volatility	64.7%	0/100
Operating margin volatility	30.1%	0/100

Revenue growth, 3-year average	–	n/a
EPS growth, 3-year average	–	n/a

Fiscal year 2022 · change vs prior year

Revenue: HRK 454.6M; ▲ 43.1%
Net income: HRK 22.1M; ▲ 868.7%
Free cash flow: −HRK 160.5M; ▼ 1,697.6%
Operating margin: 9.2%; +5.2 pts
Cash & investments: HRK 109.1M; –
Total debt: HRK 464.6M; ▲ 9.5%
Diluted EPS: –; –
Return on equity: 2.2%; –

European data comes from annual reports in ESEF format (since 2020). Industry and ticker are not provided by this source.

Trends

Annual figures as reported. Hover a bar or point for the exact value.

Revenue and net income

RevenueNet income

Margins

Statements

The last 3 fiscal years from the company's annual reports.

HRK millions; negative values in parentheses.

Fiscal year	FY20	FY21	FY22
Revenue	135	318	455
Operating income	(61)	13	42
Pre-tax income	(88)	(2.6)	32
Income tax	(52)	(4.6)	10
Net income	(35)	2.3	22
Diluted EPS	−HRK5.87	HRK0.39	–

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Risk checks

Altman Z'' score

2.32 Grey zone

Estimates bankruptcy risk from working capital, retained earnings, operating profit and equity. Above 2.6 is considered safe, below 1.1 signals distress.

Piotroski F-score

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.

Positive net income: passed
Positive operating cash flow: passed
Return on assets improved: passed
Cash flow exceeds net income: passed
Long-term debt ratio fell: failed
Current ratio improved: failed
No share dilution: not available
Gross margin improved: not available
Asset turnover improved: passed

Sources

Annual reportPeriod ending Dec 31, 2022Open the report ↗
Annual reportPeriod ending Dec 31, 2021Open the report ↗

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