VG8 On Other Exchanges
Symbol
Exchange
Xetra

Financial Statements for varengold bank ag (VG8)

Year over year, Varengold Bank AG has seen revenues shrink from €19.8M EUR to €16.3M EUR, though the company was able to grow net income from €23.5K EUR to €515.4K EUR. A reduction in the percentage of sales devoted to cost of goods sold from 48.01% to 11.76% was a key component in the bottom line growth in the face of falling revenues.
Currency in
Millions of Euros
As of:Dec 31
2015
Restated
EUR
Dec 31
2016
Restated
EUR
Dec 31
2017
Restated
EUR
Dec 31
2018
EUR
4 Year
Trend
TOTAL REVENUES12.926.924.820.5
Cost of Goods Sold1.315.29.51.9
GROSS PROFIT11.511.715.318.6
Selling General & Admin Expenses, Total20.114.813.414.8
Depreciation & Amortization, Total0.40.30.20.1
Other Operating Expenses0.60.20.3-0.3
OTHER OPERATING EXPENSES, TOTAL0.60.20.3-0.3
OPERATING INCOME-9.6-3.61.43.9
Currency Exchange Gains (Loss)0.51.1-0.5-0.8
Other Non-Operating Income (Expenses)0.00.00.0--
Gain (Loss) on Sale of Investments3.3-0.1-0.3-0.9
Other Unusual Items, Total-7.31.10.0--
Other Unusual Items-7.31.10.0--
EBT, INCLUDING UNUSUAL ITEMS-13.2-1.50.62.3
Income Tax Expense0.10.00.61.8
Earnings from Continuing Operations-13.2-1.50.00.5
NET INCOME-13.2-1.50.00.5
NET INCOME TO COMMON INCLUDING EXTRA ITEMS-13.2-1.50.00.5
NET INCOME TO COMMON EXCLUDING EXTRA ITEMS-13.2-1.50.00.5
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VG8

Industry Average

Valuation VG8 Industry Range
Price/Earnings 62.9x
Price/Sales 1.9x
Price/Book 0.9x
Price/Cash Flow 54.0x
TEV/Sales NM Not Meaningful
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