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Golden Sands AD (Bulgaria)

Main Activities: Hotels (except Casino Hotels) and Motels
Secondary Activities: Real Estate | Restaurants and Other Eating Places
Full name: Golden Sands AD Profile Updated: March 14, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2023 Available in: English Download a sample report

Zlatni Pyasatsi (Golden Sands) AD operates several hotels, restaurants, bars and other real estates located at the Golden Sands resort, which is located on Bulgaria's northern Black Sea coast. It was established as a joint-stock company in 1993. The main business activity of the entity is accommodation.
In April 2000, Bulgarian authorities sold a 76% stake in the resort for USD 96.2 million to a consortium which included Germany's Condor & Neckermann Touristic AG, Zlatni AD - a company formed by some of the resort's managers, and the Bulgarian firm Agrima.
Together with its subsidiaries, Golden Sands AD operates in the following areas - tourism, construction, infrastructure and rental services, supply and distribution of electricity and water supply on the territory of the resort.

Headquarters
Golden Sands resort
Varna; Varna; Postal Code: 9007

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Website: http://www.goldensands.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:
February 12, 1993
Key Executives
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Chairman
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Chief Executive Officer
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Member of the Supervisory Board
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Member of the Supervisory Board
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Investor Relations
Ownership Details
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49%
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32.6%
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10.99%
Subsidiaries
Edc Gold Lpsatsi - Ad
99%
Parkstroy Golden Sands - Ltd
99%
Water Sewerage Golden Sands - Ltd
95%
Company Performance
Financial values in the chart are available after Golden Sands 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
-55.57%
Total operating revenue
-57.29%
Operating profit (EBIT)
-16.79%
EBITDA
-54.94%
Net Profit (Loss) for the Period
2.93%
Total assets
5.24%
Total equity
-5.15%
Operating Profit Margin (ROS)
-10.94%
Net Profit Margin
-7.88%
Return on Equity (ROE)
-0.08%
Debt to Equity Ratio
11.51%
Quick Ratio
-1.32%
Cash Ratio
-0.03%

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