CHASEKIDIS, KONSTANTINOS, & CO. IKE "SANELCO"

Imports and trade of lumber and adhesives. Processing of furniture lumber

1.8m

2020

12

Trade Name

^SANELCO

Address

Thessalonikis - Veroias Rd (15th km), P.O. Box 1045, 57003, Agios Athanassios, Thessaloniki

VAT Registration No

^998876610

NACE 2

4673 Wholesale of wood, construction materials and sanitary equipment

Website

www.sanelco.gr

Phone (company)

^2310722774

Email

info@sanelco.gr

CHASEKIDIS, KONSTANTINOS, & CO. IKE "SANELCO"

S A L E S ( € ) E M P L O Y E E S

Commercial Data

Financial Overview

Legal Form

Private Company

Year Established

²⁰⁰⁶

General Business

Registration No.

058921404000 600,000

Exporter Importer

Other Addresses

^SHOWROOM:

85 Vouliagmenis Ave., 16674, Glyfada, Greece 35 Andrianoupoleos, 55133, Kalamaria, Greece

Capital(€)

Financial Data

2018 2019 2020

Sales(€) 2,284,337 2,125,690 1,816,308 Equity (€) 732,265 821,139 850,874 Total

Assets(€) 1,302,794 1,631,905 2,028,109 Profit

(Loss) before tax(€)

147,359 127,892 40,192

2018 2019 2020

Financial Statement(€)

ASSETS

Accounts 2018 % 2019 % 2020

Fixed Assets 260,943 66.33 434,037 38.75 602,221

Land N/A N/A

Buildings / Means of Transport / Furniture and Other

Equipment 255,736 -3.96 245,606 -13.10 213,425

Machinery and Mechanical Equipment N/A 182,384 109.95 382,909

Intangible Assets and Establishment Expenses

1,507 -

10.62 1,347 -11.88 1,187

Accumulated Depreciation N/A N/A

Depreciation of Buildings / Furniture / Means of Transport N/A N/A

Depreciation of Machinery and Mechanical Equipment N/A N/A

Depreciation of Intangible Assets and Establishment

Expenses N/A N/A

Long Term Receivables 3,700 27.03 4,700 0.00 4,700

Participations N/A N/A

Inventories 583,291 19.21 695,352 2.88 715,349

Finished Products / Merchandise 583,291 19.21 695,352 2.88 715,349

Semi finished Goods N/A N/A

Raw Direct and Indirect Material N/A N/A

Receivables / Transit Balances 368,235 17.36 432,145 -20.43 343,871

Receivables from Customers / Bills and Cheques 142,072 37.10 194,784 -6.11 182,890

Marketable Securities N/A N/A

Other Receivables / Transit Debit Balances 226,163 4.95 237,361 -32.18 160,981

Cash and Deposits

90,326 -

22.09 70,371 421.05 366,668

Total Assets 1,302,794 25.26 1,631,905 24.28 2,028,109

Accounts 2018 % 2019 % 2020

LIABILITIES

Accounts 2018 % 2019 % 2020

Shareholders Equity 732,265 12.14 821,139 3.62 850,874

Share Capital 600,000 0.00 600,000 0.00 600,000

Capital Surplus 4,855 91.29 9,287 24.20 11,534

Earned Surplus / Accumulated Losses 127,410 66.28 211,852 12.98 239,340

Long Term Liabilities and Provisions 30,000 690.99 237,298 224.20 769,326

Long Term Liabilities 30,000 690.99 237,298 224.20 769,326

Provisions N/A N/A

Current Liabilities / Transit Balances 540,529 6.09 573,468 -28.87 407,908

Short Term Bank Debt 54,364 -59.09 22,238 -70.95 6,460

Suppliers / Bills Notes Payable and Cheques / Creditors 105,646 -38.26 65,229 N/A

Dividends Payable N/A N/A

Partners / Shareholders Accounts N/A N/A

Other Liabilities / Transit Credit Balances 380,519 27.72 486,000 -17.40 401,449

Total Liabilities and Net Worth 1,302,794 25.26 1,631,905 24.28 2,028,109

Accounts 2018 % 2019 % 2020

P&L

Accounts 2018 % 2019 % 2020

Total Net Sales 2,284,337 -6.94 2,125,690 -14.55 1,816,308

Cost of Net Sales 1,970,015 -15.72 1,660,412 -12.75 1,448,715

Gross Margin 314,323 48.03 465,278 -20.99 367,593

Commission and Other Operating Income 137 5049.64 7,055 904.25 70,850

Interest Expenses 8,451 7.02 9,044 121.82 20,061

Other Operating Expenses 158,650 111.41 335,398 12.76 378,190

Operating Results after Interest Expenses 147,359 -13.21 127,892 -68.57 40,192

Non Operating Income N/A N/A

Non Operating Expenses N/A N/A

Depreciation Out of Cost N/A N/A

Total Depreciation N/A N/A

Depreciation Included in the Operation Cost N/A N/A

Net Income for the Year Before Tax 147,359 -13.21 127,892 -68.57 40,192

Net Dividends N/A N/A

Income Tax -50,261 21.88 -39,263 71.33 -11,256

Profit / (Loss) Before Tax, Financing and Investing

Results and Depreciation-Amortisation (EBITDA) 155,805 -12.11 136,932 -56.00 60,245

Accounts 2018 % 2019 % 2020

Company Ratios

Accounts 2018 % 2019 % 2020

Operating Profitability (%)

6.45 -6.98 6.00 -

64.50 2.13

Gross Profit Margin (%) 13.76 59.08 21.89 -7.54 20.24

Net Profit Margin (Before Income Tax) (%)

6.45 -6.98 6.00 -

64.50 2.13

Net Profit Margin EBITDA (%)

6.82 -5.87 6.42 -

50.31 3.19

Return on Equity (Before Income Tax) (%)

20.12 -

22.61 15.57 -

69.69 4.72

Return on Equity (Before Interest and Income Tax) (%)

21.28 -

21.62 16.68 -

57.55 7.08

Return on Capital Employed (Before Interest and Income

Tax) (%) 20.44 -

36.69 12.94 -

71.25 3.72

Total Debt Equity Ratio (:1) 0.78 26.92 0.99 39.39 1.38

Interest Coverage (Before Interest and Income Tax) (X)

18.44 -

17.90 15.14 -

80.18 3.00

Financial Leverage (:1) 0.44 13.64 0.50 16.00 0.58

Current Ratio (Χ) 1.93 8.29 2.09 67.46 3.50

Quick Ratio (Acid Test) (Χ) 0.85 3.53 0.88 97.73 1.74

Working Capital (EURO) 501323.00 24.55 624400.00 63.03 1017980.00

Collection Period (DAYS) 23.00 43.48 33.00 12.12 37.00

Payable Period (DAYS)

20.00 -

30.00 14.00 N/A N/A

Accounts 2018 % 2019 % 2020

Inventory Turnover (DAYS) 108.00 41.67 153.00 17.65 180.00 Equity Turnover (Χ)

3.12 -

16.67 2.60 -

14.62 2.22

Turnover of Capital Employed (Χ)

3.00 -

33.00 2.01 -

42.29 1.16

Earnings per Share (EURO)

0.25 -

16.00 0.21 -

66.67 0.07

Share Internal Value (EURO) 1.22 12.30 1.37 3.65 1.42

Accounts 2018 % 2019 % 2020

Compare With Sector ASSETS

Accounts (2020)

CHASEKIDIS, KONSTANTINOS, & CO.

IKE "SANELCO"

Participation

%

Sector Averages

Fixed Assets 602,221 0.03 2,672,945

Receivables / Transit Balances 343,871 0.02 2,642,132

Total Assets 2,028,109 0.04 7,245,818

LIABILITIES

Accounts (2020)

CHASEKIDIS, KONSTANTINOS, & CO.

IKE "SANELCO"

Participation

%

Sector Averages

Shareholders Equity 850,874 0.04 2,658,278

Long Term Liabilities and Provisions 769,326 0.06 1,691,109

Current Liabilities / Transit Balances 407,908 0.02 2,896,431

P&L

Accounts (2020)

CHASEKIDIS, KONSTANTINOS, &

CO. IKE "SANELCO"

Participation

%

Sector Averages

Total Net Sales 1,816,308 0.02 14,958,165

Gross Margin 367,593 0.03 1,434,131

Net Income for the Year Before Tax 40,192 0.04 131,769

Downloads

Year Publication Publication Date Category

2019 Business Registry 17/09/2020 Balance Sheet

2018 Business Registry 26/09/2019 Balance Sheet

Board Members & Other Administrators

Activities / Products

2017 Business Registry 10/10/2018 Balance Sheet

Year Publication Publication Date Category

Administrator

Anestis K. Chasekidis Elissavet K. Chasekidou

NACE 2

Primary NACE 2 Activities:

4673 - Wholesale of wood, construction materials and sanitary equipment

Secondary NACE 2 Activities:

1610 - Sawmilling and planing of wood

Industrial Products

FΤ F E Lumber, furniture

Merchandise

I A D E

Chemicals Lumber, artificial Lumber, natural

FΤ: On contract basis F: In third party facilities I: Import

A: Firms

D: Regional Agent/Distributor E: Export

Export %

^15%

Export

Areas/Countries

Central - Eastern Europe Albania

Bulgaria Serbia

West Europe Cyprus

Import %

^90%

Import

Areas/Countries

Central - Eastern Europe Austria

Bulgaria Serbia Slovenia West Europe Belgium Italy