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Ardova Plc (Nigeria)

Main Activities: Petroleum and Coal Products Manufacturing | Petroleum and Petroleum Products Merchant Wholesalers
Full name: Ardova Plc Profile Updated: November 01, 2020
Buy our report for this company USD 29.95 Most recent financial data: 2019 Available in: English Download a sample report

Ardova Plc is an indigenous pertroleum marketing company with structured operations and strategic policies to continuously improve product delivery to its customers. Forte Oil is renowned for her ability to offer her consumers a wide range of products from the oil value chain; PMS, diesel, aviation fuel, kerosene, commercial gas and a wide range of lubricants for various automobiles and machines.

Legal Address
13, Walter Carrington Crescent,Victoria Island,P.O Box 512
Lagos; Lagos;

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Website: http://www.forteoilplc.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:
1964
Key Executives
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Chairman
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
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Director / Member of the Management Board
Ownership Details
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14.21%
Subsidiaries
African Petroleum Oil & Gas Ghana Limited (Ghana)
100%
African Petroleum Oil Field Services Nigeria Limited
100%
Amperion Power Distribution Company
57%
Company Performance
Financial values in the chart are available after Ardova Plc report is purchased.
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Key Financial Highlights
Annual growth percentages for latest two years in local currency NGN. Absolute financial data is included in the purchased report.
Net sales revenue
5.47%
Total operating revenue
1.67%
Operating profit (EBIT)
-54.99%
EBITDA
-19.38%
Net Profit (Loss) for the Period
-81.43%
Total assets
-26.49%
Total equity
-2.96%
Operating Profit Margin (ROS)
-2.37%
Net Profit Margin
-5.42%
Return on Equity (ROE)
-24.91%
Debt to Equity Ratio
-50.81%
Quick Ratio
-0.2%
Cash Ratio
-0.23%

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