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Monbat AD (Bulgaria)

Main Activities: Battery Manufacturing | Storage Battery Manufacturing
Full name: Monbat AD Profile Updated: October 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Monbat, which was established in 1959, is a leading producer of car batteries in Bulgaria. The product range of the company features starter batteries, stationary batteries, deep cycle batteries, batteries for special application, locomotive batteries, leisure batteries. The firm is a successor of state-owned company Akumicar.
In October 1998, Bulgarian lubricants producer Prista Oil and a management-employee buyout company Akumicar-98 bought 72% in Akumicar for USD 3.37 million. The buyers pledged to jointly invest USD 1.56 million in the battery maker over the next three years. In February 1999, Prista Oil acquired a 90% stake in the company after a seven-fold hike of the company capital.

Headquarters
bul. Cherni vrah 32A, fl. 4
Sofia; Sofia - city; Postal Code: 1407

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Website: http://www.monbat.com

Basic Information
Total Employees:
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Outstanding Shares:
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Registered Capital:
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Financial Auditors:
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Incorporation Date:
Key Executives
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Chairman
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Chief Executive Officer
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Chief Executive Officer
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Member of the Management Board
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Member of the Management Board
Ownership Details
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42.73%
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20.78%
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7.15%
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6.62%
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5.4%
Subsidiaries
Energy Batteries Nigeria Limit (Nigeria)
100%
Monbat Nbp Ead
100%
Monbat Recycling Ead
100%
Company Performance
Financial values in the chart are available after Monbat AD report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency BGN. Absolute financial data is included in the purchased report.
Net sales revenue
-9.18%
Total operating revenue
-9.35%
Operating profit (EBIT)
15.62%
EBITDA
11.4%
Net Profit (Loss) for the Period
-66.96%
Total assets
-1.36%
Total equity
0.72%
Operating Profit Margin (ROS)
1.01%
Net Profit Margin
-1.58%
Return on Equity (ROE)
-1.48%
Debt to Equity Ratio
-2.94%
Quick Ratio
-0.01%
Cash Ratio
0.04%

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