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's activity report 2022

AS Taure started operations in April 1992. The main activity was car transport. At the same time, representation of the Finnish tractor factory Valmet Traktorit OY brand Valmet was started.

The company made the largest investment in 2007, when the South Estonian tractor and agricultural machinery sales and service center was completed in Ülenurme. Today, the South Estonian branch generates 51% of the turnover.

AS Taure's activities in 2022: 1. Sale of tractors, agricultural machinery, forestry equipment and road maintenance equipment. Maintenance of represented machines, sale of spare parts and accessories.

2. Technical inspection of cars, tractors, motorcycles and trailers.

3. Truck maintenance and repair.

4. Leasing of premises and territory.

AS Taure represents the products of the following companies in Estonia: 1. AGCO International GmbH - Valtra tractors 2. Kuhn SA - agricultural machinery 3. LLP Farm Machinery Group Oy - FMG road maintenance equipment 4. Vigilo S.r.l - maintenance mowers 5. Kronos Machinery Oy Ab - Kronos forestry equipment 6. Pel-tuote Oy - Kivi-Pekka stone collectors and rakes, Livakka cutting technology 7. AGCO Power Oy - diesel engines and generators 8. Nisula Forest Oy - brush cutters and harvester heads 9. Uusimäen Konepaja Oy - Jake products, tractor accessories 10. Beco B.V. - soil transport trailer 11. Suokone Oy - soil mills, peat production technology 12. Metallipalvelu Hartikainen OY - MPH graders The sales revenue in 2022 was 18,789,638 euros and the profit was 996,032 euros. At the end of the year, 46 employees were working.

AS Taure's activities do not endanger the environment. The Türi and South Estonian branches have proper sediment and wash water purifiers. Waste transport is organized on the basis of contracts.

The company is not affected by changes in exchange rates and stock market prices, the impact of interest rate changes may occur as loans and leases are linked to EURIBOR. A 1% increase in EURIBOR does not yet have a significant impact.

The sale of agricultural machinery is important and their acquisition is seasonal.

The goal for 2023 is to increase the volume and quality of services.

Main financial ratios: 2021 2022

Business profitability (%) 4.6 6.2

Profit growth (%) 120.4 34.4

Net profitability (%) 4.4 5.3