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Holding Nov Vek AD (Bulgaria)

Main Activities: Offices of Other Holding Companies
Full name: Holding Nov Vek AD Profile Updated: March 28, 2024
Buy our report for this company USD 29.95 Most recent financial data: 2022 Available in: English Download a sample report

Holding Nov Vek AD is a public joint-stock company registered in Sofia, Bulgaria. It was incorporated on an unspecified date and is listed on the Bulgarian Stock Exchange under the code 6N3. The company's main activities include acquiring, managing, evaluating, and selling stakes in Bulgarian and foreign companies, as well as acquiring, managing, and selling bonds and patents. It is also involved in production and trade, including the production and sale of dairy products and wine, as well as other permitted commercial transactions. The company has a capital of 5,610,437 Bulgarian lev, divided into 5,610,437 ordinary shares with a nominal value of 1 lev each. In 2014, the company underwent a transformation through the merger of several other companies, expanding its positions in the wine and spirits industry. This transformation allowed for better control over production processes and distribution channels. The merger also improved the distribution of wine products, as the company's subsidiary, Vitela Bulgaria EOOD, became the main distributor. The merger created a second strong production base for wine and spirits in Northern Bulgaria, adding established brands to the company's portfolio.

Headquarters
ul. Korab planina 13
Sofia; Sofia - city; Postal Code: 1000

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Website: http://www.holdingnovvek.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:
March 09, 1998
Key Executives
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Chairman
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Member of the Management Board
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Investor Relations
Ownership Details
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21.08%
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19.97%
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5.1%
Subsidiaries
Agro Lovico EOOD
100%
Agro Lovico Ltd
100%
Balgerian Grain EOOD
100%
Company Performance
Financial values in the chart are available after Holding Nov Vek 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
9.38%
Total operating revenue
-8%
Operating profit (EBIT)
N/A
EBITDA
-81.33%
Net Profit (Loss) for the Period
-77.16%
Total assets
4.02%
Total equity
3.41%
Operating Profit Margin (ROS)
N/A
Net Profit Margin
-16.88%
Return on Equity (ROE)
-6.4%
Debt to Equity Ratio
3.34%
Quick Ratio
0.21%
Cash Ratio
0.04%

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