Carbures Europe, S.A. Economic and financial analysis

Abstract

The objective of this work is to study the evolution of the economic and financial situation of the group Carbures Europe, S.A. and its subsequent diagnosis. The information contained in the drafting of the project can be useful for external agents who must make decisions regarding the project, such as investors, creditors, suppliers, lenders, etc. The study has been carried out mainly through the analysis of the balance sheet, the profit and loss account and the activity report of the group in the last four years: 2013, 2014, 2015 and 2016. Also to support the analysis ratios on profitability, liquidity, solvency and probability of bankruptcy of these years have been calculated and it has also been complemented with a small study of the evolution of the group's quotations in the Alternative Stock Market and the changes its relevant shareholders. Evidence found after the study has been carried out is that Carbures Europe, S.A. is an indebted company, yet investors are willing to take a high risk with the expectation of achieving large returns in the future.