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Easy Asset Management AD (Bulgaria)

Main Activities: Consumer Lending
Full name: Easy Asset Management AD Profile Updated: July 16, 2019
Buy our report for this company USD 29.95 Most recent financial data: 2018 Available in: English & Bulgarian Download a sample report

East Asset Management is a Bulgarian non-bank financial institution that provides small amount credits. The company was found in 2005 and targets individuals who are not eligible for bank loans. The amounts are usually granted for short periods of time and could be repaid by fixed installments.
The Company operates under the trade name of Easy Credit and currently holds about 30% of the local market segment. Easy Credit is able to provide personal loan up to BGN 50,000.
East Asset Management has expanded its business abroad, as well. In 2009, the Company set up a Ukrainian unit under the trade name of iCredit. Easy Asset Management opened 2 offices in Romania, also recognised by the trade name of iCredit.
Easy Asset Management serves more than 50,000 customers, and grants over 100,000 loans, annually.

Headquarters
Lyulin 7 district, 28 Dzhavaharlal Neru blvd., fl. 2, ap. 51
Sofia; Sofia - city; Postal Code: 1359

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Website: http://easycredit.bg

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 08, 2005
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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Subsidiaries
Easy Credit Romania (Romania)
100%
Easy Credit Ukraine (Ukraine)
100%
Financial Bulgaria EOOD
100%
Company Performance
Financial values in the chart are available after Easy Asset Management 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
-30.63%
Total operating revenue
-43.19%
Operating profit (EBIT)
-12.3%
EBITDA
-12.45%
Net Profit (Loss) for the Period
368.52%
Total assets
-1.69%
Total equity
9.95%
Operating Profit Margin (ROS)
-19902.42%
Net Profit Margin
6328.83%
Return on Equity (ROE)
8.62%
Debt to Equity Ratio
-7.35%
Quick Ratio
5.66%
Cash Ratio
-0.51%

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