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AEROSTAR S.A. - ARS

Annual Report 2016

Release Date: 4/21/2017 8:39:07 AM

IRIS Code: 0FE5A

AEROSTAR is rated as a strong company in the Romanian industry

 

 In a profitability rating AEROSTAR is part of the group of companies considered  the driver motor of the Romanian economy,  which is 4% from the total of 1,4 million entities registered in Romania.

The profits of the companies in this group represent 92% of the total profit obtained by the companies in Romania.

The total turnover of these companies is 41% from the turnover registered by all the companies in the country.

1 of 3 employees (33%) works in these companies.

The criteria considered are the turnover, profitability, duration of over 2 years on the market, no debts to the state budget,a positive payment record, low risk or normal credit rating, current liquidity higher than 1.0 and capital profitability higher than 20%.

(source: Creditinfo Romania,  December 2016)

 

AEROSTAR is appreciated as a showcase for the business environment in Romania, winning from the Romanian Chamber of Commerce and Industry, at the National Top of Companies, edition XXIII, November 2016,  the national award – 1st place at the Industry category, very large companies.

 

The criteria and indicators considered the turnover, net profit from operations, efficiency in human resource utilisation and efficiency in the utilisation of the employed capital.

 GROWTH IN KEY FIGURES

  

 

MU

   31.12.2016

31.12.2015

growth (%)

Registered Capital

thousand lei

48.729

48.729

 

 

 

+ 8,0%

 

 

 

 

Turnover

thousand lei

356.219

329.764

 

 

 

 

 

·         Export sales

thousand lei

255.274

253.084

 

 

 

 

 

 

 

+ 7,6 %

Employees, effective,  

of which:

no

2.164

2.012

-       Own employees

no

1.878

1.792

 

-       Employees attracted through temporary labour agent

 

no

286

220

 

 

 

 

 

 

 

+ 10,6%

Total Gross Profit 

(before tax)

thousand lei

65.865

59.554

 

 

 

 

 

 

+ 8,0%

 Net Profit

thousand lei

56.472

52.268

 

 

 

 

 

 General Liquidity

-

4,74

4,12

 

  

Expenses for investments

from company sources

thousand lei

19.498

 

          

FINANCIAL PERFORMANCE

 

                                                      (thousand lei)

 

31.12.2016

    

 

31.12.2015

 

 

  • TOTAL REVENUES

 

 

372.807

 

351.842

  • TOTAL EXPENSES

306.942

292.288

 

  • GROSS PROFIT

 

65.865

 

59.554

       

FINANCIAL POSITION

                                                 (thousand lei)

 

31.12.2016

    

 

31.12.2015

 

  • Immobilized Assets  (net values)

154.397

150.744

  • Circulating Assets

256.174

202.055

  • Registered Capital

48.729

48.729

  • Company Capitals  

213.908

181.519

  • Total Debts

72.939

67.564

 

 



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