FITEN SA deals in electricity trading on the Polish market and European markets. We specialize in wholesale trade in electricity as well as energy sales to end customers and purchase of energy from small producers. As the leader of the FITEN Capital Group, through special purpose vehicles, we also invest in the production of energy from renewable sources. Every day we participate in cross-border auctions to gain access to the markets of neighboring countries. Our energy partners include energy concerns from the Czech Republic, Germany, England and Austria.
35.14.Z - Trade of electricity
35.11.Z - Production of electricity
35.12.Z - Transmission of electricity
35.21.Z - Manufacture of gaseous fuels
35.23.Z - Trade of gaseous fuels through mains
38.11.Z - Collection of non-hazardous waste
38.12.Z - Collection of hazardous waste
66.19.Z - Other activities auxiliary to financial services, except insurance and pension funding
69.20.Z - Accounting, bookkeeping and auditing activities; tax consultancy
71.12.Z - Engineering activities and related technical consultancy
2017 | 2018 | 2019 | ||
---|---|---|---|---|
M PLN | M PLN | M PLN | % | |
Net sales | 302,1 | 221,3 | 162,3 | -26,6 |
Liabilities and provisions | 57,6 | 58,6 | 124,3 | 112,1 |
Equity | 22,3 | 11,4 | -93,4 | -918,9 |
Total assets | 79,9 | 70 | 30,9 | -55,8 |
Cash and cash equivalents | 19,9 | 11,1 | 11,8 | 6,4 |
Gross profit / loss | -1,3 | -13,4 | -90,1 | -571,7 |
Operating profit (EBIT) | -0,9 | -13,3 | -49 | -269,1 |
Net profit / loss | -1,3 | -10,9 | -89,1 | -716,6 |
Current assets | 57,9 | 47,1 | 25,8 | -45,2 |
% | % | % | p.p. | |
Return on sales (ROS) | -0,4 | -4,9 | -54,9 | -50 |
Equity ratio | 27,9 | 16,3 | -301,9 | -318,2 |
Gross profit margin | -0,4 | -6,1 | -55,5 | -49,4 |
Days | Days | Days | Days | |
Current liabilities turnover ratio | 44 | 79 | 124 | 45 |
Current ratio | 1 | 0,8 | 0,2 | -0,6 |
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