Energoinvest achieves historic turnaround: Profit soars to 13.56 million Bosnian marks

According to Energoinvest, profit before tax amounted to 15.25 million Bosnian marks (approximately € 7.80 million), which is 90 percent above projections, while net profit reached 13.56 million marks (approximately € 6.93 million). In 2024, net profit stood at 426,000 marks (approximately € 217,810), meaning the company transitioned within a single year from minimal profitability to robust and sustainable profitable operations.

Key indicators recorded significant progress: the net profit margin increased from 0.23 percent to 7.42 percent, the operating margin rose from 7.68 percent to 9.57 percent, and return on assets reached 7.46 percent (compared to 0.23 percent the previous year). Furthermore, return on equity increased from 0.55 percent to nearly 15 percent, achieving a double-digit and sustainable return on equity.

These indicators, the company added, confirm the successful implementation of financial consolidation measures, improved operational efficiency, and cost management.

Financial stability has been further strengthened: the current liquidity ratio increased from 0.78 to 1.01, and the cash ratio doubled from 0.11 to 0.23. Total liabilities were reduced by 16.6 million marks (approximately € 8.49 million), while capital increased by 13.6 million marks (approximately € 6.95 million) due to generated profit.

The debt ratio decreased from 58 percent to 50 percent, and the debt-to-equity ratio improved from 1.4 to 1.0. The share of equity in total assets increased from 41.7 percent to nearly 50 percent, achieving an almost equal balance between equity and liabilities and significantly reducing financial risk. Liquidity above 1, achieved for the first time in decades, represents an important signal of the full stabilization of the company’s financial position.

During 2025, nine complex international projects that had burdened operations for years were successfully completed, while eight new contracts were signed, and a portfolio of approximately 40 projects in preparation was opened. Significant infrastructure and energy projects were implemented in the domestic market.

In partnership with the Turkish company Ares, industrial production of distribution transformers was launched under the Energoinvest brand. A renewed presence in international markets, partnerships in renewable energy and advanced technology sectors, and the reactivation of the company’s representative office in Türkiye clearly indicate the beginning of a new phase of global expansion.

The number of employees increased by 21 percent, the number of young professionals by 85 percent, while the average net salary in December 2025 exceeded 3,000 marks (approximately € 1,534). Simultaneously, inherited legal disputes and liabilities were resolved, further reducing financial risks and strengthening operational stability.

The positive trend was also recognized by the capital market, with the share price rising by approximately 314 percent and a strong increase in market capitalization, confirming investor confidence in the company’s strategic direction and management.

“The results achieved in 2025 prove that the transformation is not temporary but systemic and sustainable. Today, we operate as a financially strong, organizationally consolidated, and development-oriented company ready for new markets and strengthening our regional leadership position in the energy and industrial sectors, as well as for making a strong contribution to the development of Bosnia and Herzegovina and strengthening its energy security,” said company director Mirza Ustamujic.