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Napredak Akcionarsko Drustvo - Kotor A.D. (Montenegro)

Main Activities: All Other General Merchandise Stores
Full name: Napredak Akcionarsko Drustvo - Kotor A.D. Kotor Profile Updated: August 27, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

The Company Napredak was founded in 1950. in Kotor. Since 1999. operates as a joint stock company Napredak . In June 2011. the company was privatized, through a process of mass voucher privatization. In its business history, Napredak AD Kotor, was a partner with Delta Maxi DOO / sales chain Ella Marketi and in one period, Napredak AD was the official distributor of brands: Piaggio, Vespa, Gilera, Aprilia Motore. Today, Napredak AD Kotor is considered a company that is a combination of traditional values and modern business practices and offers a wide range of activities and services. Napredak AD is a reliable partner that focuses on the needs of clients, partners and consumers, recognizing the importance of social responsibility and contribution to the community in which it operates. Napredak AD Kotor is part of the Expo Group, one of the most successful business groups in Montenegro and which consists of: - Expo Commerce DOO Kotor - import and distribution of world famous brands for the territory of Montenegro: Colgate-Palmolive, Henkel, Barilla. It operates in accordance with the quality standards of ISSO 9001. - Lusso - Sales of furniture and home decor of luxury world brands: Armani Casa, Fendi Casa, Philipp Selva, Saba, Busnelli, Smania, Rimadesio, Flou and many others. - Autoboka Kotor - operates in the field of road traffic and tourism. He owns a bus station in Kotor town. - Food industry DOO Podgorica - coffee production Nero Cafe . The share of The Compay were listed on Montenegro Stock Exchange under the symbol NAKO

Headquarters
Industrijska Zona Bb
Kotor; Kotor; Postal Code: 85330

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Website: http://www.napredak.kotornet.com

Basic Information
Total Employees:
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Outstanding Shares:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Member of Board of Directors
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Member of Board of Directors
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Member of Board of Directors
Ownership Details
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69.26%
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4.87%
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3.4%
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0.25%
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0.24%
Subsidiaries
Domestic Trade Ltd. Belgrade
Lusso Montenegro Doo Kotor
Company Performance
Financial values in the chart are available after Napredak Akcionarsko Drustvo - Kotor A.D. report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency EUR. Absolute financial data is included in the purchased report.
Net sales revenue
-7.72%
Total operating revenue
5.29%
Operating profit (EBIT)
64.06%
EBITDA
40.18%
Net Profit (Loss) for the Period
71.78%
Total assets
3.45%
Total equity
5.75%
Operating Profit Margin (ROS)
29.54%
Net Profit Margin
31.08%
Return on Equity (ROE)
2.1%
Debt to Equity Ratio
-5.89%
Quick Ratio
-1.06%
Cash Ratio
-0.48%

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