Catom Annual Report 2022 EN

Turnover and results

Investments

Turnover in terms of money increased by 40.5% in 2022 to € 1.4 billion. The volume of motor fuels sold grew by 3.7%. The volume of lubricants sold increased by 7.9%. The gross profit on sales (turnover minus purchase cost of goods sold) increased by 72.1%. This turnover and gross margin led to an EBITDA of € 28,183,601 and a group result before taxes of € 19,267,789. The balance sheet total went up to € 244 million. Solvency came to 10.7% (2021: 11.3%). The liquidity ratio was 62% (2021: 70%). The company’s liquidity level is safeguarded in part by the credit facility. The financial figures relate to the 2022 financial year, which coincides with the calendar year.

Investments in intangible and tangible fixed assets in 2022 amounted to € 8,341,479 (2021: € 27,557,320). Of this, € 6.5 million (2021: € 15.5 million) concerned the take over and improvement of petrol stations. Catom also invested in acquisitions, vehicles and vessels, software and hardware, and other machinery. In 2023 the company intends to invest in acquisitions, vessels and vehicles, software and hardware, and machinery. Expectations are that these investments can be realised with the currently available funding.

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