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Despred AD (Bulgaria)

Main Activities: Other Support Activities for Transportation
Full name: Despred AD Profile Updated: September 08, 2023
Buy our report for this company USD 29.95 Most recent financial data: 2021 Available in: English Download a sample report

Despred, which was established in 1947, used to be the leading forwarding company in Bulgaria.
In December 2000, Swiss-registered company Spedkom AG bought 60% in Despred for USD 6.99 million. The Zurich-based enterprise paid the price with a loan extended by First Investment Bank of Israel (FIBI). This was the second attempt to sell the company since the first one collapsed after none of the five bidders submitted final offers.
Despred, which is headquartered in the capital Sofia, runs branches in more than 10 Bulgarian cities. The company operates more than 70,000 square meters storage area.

Headquarters
ul. Veslets 84
Sofia; Sofia - city; Postal Code: 1202

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Website: http://www.despred.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:
December 12, 1991
Key Executives
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Executive Director and Member of the Board of Directors
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Member of the Board of Directors
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Member of the Board of Directors
Ownership Details
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93.78%
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0.26%
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0.01%
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Subsidiaries
Port Bulgaria West AD
12.61%
Pamporovo AD
11.45%
Company Performance
Financial values in the chart are available after Despred 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
24.71%
Total operating revenue
18.85%
Operating profit (EBIT)
-34.38%
EBITDA
-18.27%
Net Profit (Loss) for the Period
-32.66%
Total assets
5.52%
Total equity
1.34%
Operating Profit Margin (ROS)
-2.55%
Net Profit Margin
-1.64%
Return on Equity (ROE)
-0.67%
Debt to Equity Ratio
0.29%
Quick Ratio
-0.12%
Cash Ratio
-0.07%

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