This report provides an overview of the overall economic and financial situation of enterprises, particularly by branch of activity in 2021. The study is based on a sample of 1,046 Statistical and Fiscal Declarations (DSF) provided by companies representative of the national economic fabric.
In the
In the context of the post-COVID-19 economic recovery, the revival of economic activity
by
modern companies resulted in an 8.6% increase in turnover after the 4.1% contraction
recorded in 2020.
Employment increased by 0.6% after a decrease of 2.8% in 2020. Investments have been made saw an increase in all sectors: the largest increase was recorded in the secondary sector with 51.5%.
With this increase in investment, the obsolescence of productive capital has improved (the ageing rate
of fixed assets fell in 2021, falling continuously over the last five years from
45% in 2016, 62.6% in 2020 and 60.1% in 2021). Working capital remained negative with a level of
equity (only 13.0% of the resources of all companies) and debt is
at high levels: the net debt ratio, which represents the ratio of financial debt to
shareholders’ equity stood at 1.3.
The increase in production and supply of inputs has raised the level of value added of
15.3% compared to 2020. SONARA’s production activity, which was structurally loss-making, had an impact on profits of all modern enterprises in Cameroon. Between 2020 and 2021, the restriction of the activities of this model has led to a substantial improvement in its profits and consequently those of all modern entities. Indeed, there is an increase in the net income of modern companies
by 271.1%.
In conclusion, it can be noted that, on the whole, companies have been able to increase their economic profitability
and financial sector and, as a result, reaped gains in competitiveness.
