The company Rieker Obuv, s.r.o., Komarno posted in 2007 sales of SKK 2.899 billion, down 1.4 percent y/y. Revenues from products and services constituted SKK 1.469 billion of the total sales, down 18.9 percent y/y. Production costs declined 25.1 percent to SKK 1.245 billion. Added value almost did not change in a y/y comparison, as it stood at SKK 127.3 million. Rieker closed last year with taxed profit of SKK 25.7 million, contrasting to SKK 5.4 million in the previous year, according to data disclosed by the company in the Commercial Bulletin through www.epi.sk portal.
The company's balance sheet total was SKK 637.3 million at the end of last year, compared with SKK 1.776 billion in late 2006. Current assets made up 83.3 percent of overall assets down from SKK 1.38 billion to SKK 530.6 million. Short-term receivables represented SKK 511.6 million with a y/y decrease by 43.8 percent. Liabilities went down from SKK 1.404 billion to SKK 258.9 million. Share capital accounted for SKK 300 million.
The company was enrolled in the Business Register on April 6, 1992 a 100 percent affiliation of the Swiss concern Rieker Holding AG. The concern is one of leading footwear makers worldwide, with an over 100-year tradition.