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Magic Flame EOOD (Bulgaria)

Main Activities: Grain and Field Bean Merchant Wholesalers
Full name: Magic Flame EOOD 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

Magic Flame EOOD is a company located in Sofia, Bulgaria. It was established in early 2007 and has since had a successful trading history, exporting over 9 million metric tons of grain and oilseeds worldwide. In 2015, the company reached a record export of 300,000 metric tons of grain and oilseeds. They work with major international companies in the industry such as Ameropa AG, Glencore Grain BV, Cargill, Nidera, and many others. The company has accumulated expertise in new business segments, including sunflower seed peeling and sunflower oil production. They have been known in the market for over 14 years and are registered with the Grain and Feed Service of the Ministry of Agriculture, Food, and Forestry. Magic Flame EOOD works with over 150 grain traders and has more than 30 clients worldwide. In late 2020, the company acquired one of the largest oil producers in Bulgaria, Klase Olio EAD, which has a 20-year tradition in the oil extraction industry and is a trusted partner of Bulgarian agriculture. The company also includes Kabakum Group - Import Export, which focuses on the global export of Klase Olio's products. Magic Flame EOOD owns a sunflower processing plant in Riltsi, Dobrich, as well as grain bases in Dobrich and Varna. Its main activities include oil production, sunflower processing, grain trading, and wholesale trade of grain, seeds, feed, and unprocessed tobacco. The company operates in grain and grain product markets in France, Romania, Greece, Poland, Germany, China, and other countries.

Headquarters
ul. Batcho Kiro 26-28-30
Sofia; Sofia - city; Postal Code: 1000

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Website: http://www.magicflame.eu/

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 21, 2006
Key Executives
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Manager
Ownership Details
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100%
Subsidiaries
Kabakum Grup - Import Eksport EOOD
100%
Klas Oil Trading Ltd EOOD
100%
Klas oil AD
100%
Company Performance
Financial values in the chart are available after Magic Flame EOOD 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
28.76%
Total operating revenue
28.99%
Operating profit (EBIT)
-7.58%
EBITDA
4.79%
Net Profit (Loss) for the Period
-31.65%
Total assets
45.64%
Total equity
17.72%
Operating Profit Margin (ROS)
-1.34%
Net Profit Margin
-1.64%
Return on Equity (ROE)
-11.16%
Debt to Equity Ratio
93.87%
Quick Ratio
-0.6%
Cash Ratio
-0.01%

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