AAG.RO · BVB
Aages: financial statements
Financially weak · see the checkFigures in RON, fiscal years
Revenue and net income
Operating and free cash flow
Margins
Returns
Income statement
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Revenue | 29.8M RON | 36.3M RON | 46.5M RON | 48.4M RON | 59.6M RON | 41.2M RON | -31% |
| Operating income | 2.4M RON | 5.2M RON | 7.9M RON | 7.6M RON | 13.4M RON | 3.9M RON | -71% |
| EBITDA | 3.3M RON | 6.2M RON | 8.7M RON | 8.1M RON | 14.0M RON | 4.6M RON | -67% |
| Interest expense | 714K RON | 460K RON | 1.2M RON | 1.2M RON | 462K RON | 198K RON | -57% |
| Profit before tax | 2.1M RON | 5.0M RON | 7.3M RON | 7.0M RON | 13.0M RON | 4.1M RON | -69% |
| Net income | 1.9M RON | 4.3M RON | 6.4M RON | 6.1M RON | 11.3M RON | 3.4M RON | -70% |
Cash flow
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Operating cash flow | 4.3M RON | 7.5M RON | 1.0M RON | -4.7M RON | 1.8M RON | -3.5M RON | -290% |
| Capital expenditure | 180K RON | 0 RON | 831K RON | 2.3M RON | 7.2M RON | 3.2M RON | -56% |
| Free cash flow | 4.1M RON | 7.5M RON | 189K RON | -6.9M RON | -5.4M RON | -6.7M RON | -24% |
| Depreciation & amortization | 921K RON | 965K RON | 834K RON | 467K RON | 635K RON | 711K RON | +12% |
Balance sheet
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Cash | 7.1M RON | 13.8M RON | 8.2M RON | 16.7M RON | 13.6M RON | 10.4M RON | -24% |
| Inventory | 15.4M RON | 12.5M RON | 19.3M RON | 20.9M RON | 15.1M RON | 17.4M RON | +15% |
| Current assets | 28.0M RON | 35.5M RON | 41.3M RON | 47.6M RON | 35.0M RON | 32.4M RON | -7% |
| Total assets | 43.2M RON | 50.1M RON | 55.7M RON | 63.9M RON | 58.0M RON | 57.9M RON | -0% |
| Current liabilities | 12.8M RON | 14.1M RON | 17.4M RON | 18.9M RON | 7.8M RON | 7.3M RON | -6% |
| Financial debt | 8.6M RON | 9.6M RON | 8.8M RON | 12.6M RON | 995K RON | 1.0M RON | +3% |
| Total liabilities | 14.1M RON | 17.9M RON | 18.7M RON | 23.7M RON | 8.8M RON | 8.4M RON | -5% |
| Shareholders' equity | 26.3M RON | 29.1M RON | 33.6M RON | 36.4M RON | 48.2M RON | 48.8M RON | +1% |
| Net debt | 1.5M RON | -4.3M RON | 614K RON | -4.1M RON | -12.6M RON | -9.4M RON | +26% |
Dividend profile
- Paying in a row
- 6+ years
- Raised in a row
- 1 years
- Growth per year
- 7.4%
- Paid out of profit
- 40.0%
- Paid out of free cash
- n/a
Latest dividend per share: 0.3000 RON. Without share prices EdgeScore shows no dividend yield.
Dividends
| RON | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year |
|---|---|---|---|---|---|---|---|
| Dividends paid | 2.1M RON | 1.1M RON | 2.7M RON | 3.0M RON | 2.3M RON | 3.0M RON | +30% |
| Dividend per share | 0.21 | 0.11 | 0.20 | 0.32 | 0.23 | 0.30 | |
| Dividends / net income | 109.4% | 25.9% | 42.3% | 49.6% | 20.4% | 87.9% | |
| Dividends / free cash flow | 50.7% | 15.0% | 1432.8% | — | — | — |
Ratios
| 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | Last year | |
|---|---|---|---|---|---|---|---|
| Operating margin | 8.1% | 14.3% | 17.0% | 15.8% | 22.4% | 9.4% | |
| Net margin | 6.4% | 11.9% | 13.7% | 12.5% | 18.9% | 8.3% | |
| Return on equity | 7.3% | 14.9% | 19.0% | 16.6% | 23.4% | 7.0% | |
| Return on assets | 4.4% | 8.7% | 11.5% | 9.5% | 19.4% | 5.9% | |
| Return on invested capital | 6.9% | 15.6% | 21.1% | 18.2% | 31.1% | 8.2% | |
| Debt / equity | 0.33 | 0.33 | 0.26 | 0.35 | 0.02 | 0.02 | |
| Net debt / EBITDA | 0.5x | -0.7x | 0.1x | -0.5x | -0.9x | -2.0x | |
| Interest coverage | 3.4x | 11.3x | 6.5x | 6.2x | 28.9x | 19.6x | |
| Current ratio | 2.19 | 2.51 | 2.37 | 2.52 | 4.47 | 4.42 | |
| Quick ratio | 0.99 | 1.63 | 1.26 | 1.41 | 2.53 | 2.04 |
Data source: Bucharest Stock Exchange (ESEF), company annual reports. Lines a company does not report are left empty. Free cash flow is operating cash flow minus capital expenditure. Ratios use the same formulas as the EdgeScore check.
For information and education only. Not investment advice. Data may contain errors.