This requires a minimum solvency ratio of 25 percent and a profit margin of 8 to 9 percent required. However, construction companies now achieve a margin of only 2 percent. Of the fifteen companies with a turnover of over 250 million, at least three have a solvency ratio of just over 10 percent.
These are Ballast Nedam The Stegge and Van Wijnen with a solvency ratio of 11, 12 and 13 percent. Many construction companies are on the edge. Largest construction company BAM had at the end of the third quarter of 2013 a capital of 22 percent. Number two VolkerWessels end of 2013 had a capital adequacy ratio of 24.8 percent. Storm Holdings holding company had at that moment, however, a negative equity of 143 million. Or state owner Thick Wessels 1 billion guarantee.
The most healthy companies are particularly specialized construction companies or manufacturers with operations abroad. Thus realizes Ten Brinke Holding (turnover 420 million, solvency 60 percent) 90 percent of its sales in Germany. Joh. Mourik & amp; Co Holding, also active in the petrochemical industry, has a solvency ratio of 51 percent. And Van Gelder Group (turnover 300 million, 45 percent buffer) specializes in civil engineering and road construction and raises engineering advice.
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