This company's branding has already reached 9,920 peopleand his is followed by 109 Storybook users.On average, the company has been rated 4.3 points.and commented 11 times.

's activity report 2022

NBI Expedition Joint Stock Company, a prominent player in the logistics industry, has been making significant strides in its operations. In 2022, the company's primary areas of activity included public customs warehouse management, declaration services, customs brokerage services, forwarding services, and commercial space leasing. These diverse services have allowed the company to cater to a wide range of customer needs, thereby contributing to its robust growth.

In 2022, NBI Expedition Joint Stock Company's sales revenue amounted to 1,159,652 euros, marking an impressive increase of 20.59% compared to the previous year. This substantial growth in revenue is a testament to the company's successful business strategies and its ability to adapt to market changes.

Investments have always been a crucial part of NBI Expedition Joint Stock Company's growth strategy. In 2022, the company invested 14,179 euros in tangible fixed assets. This investment is expected to enhance the company's operational efficiency and capacity.

In response to the increasing demand for storage, the company's board decided to expand its warehouse space. As a result, warehouse lease agreements were signed in 2022, paving the way for the company to store more goods and better serve its customers.

Despite the challenging macroeconomic environment in Estonia in 2022, NBI Expedition Joint Stock Company managed to maintain its operations without any significant impact. This resilience is somewhat surprising and speaks volumes about the company's robust business model and risk management strategies.

However, the company is not immune to risks associated with changes in exchange rates, interest rates, and stock market prices. All of NBI Expedition Joint Stock Company's lease agreements are linked to EURIBOR. Therefore, any changes in EURIBOR directly affect the company's financial position.

In terms of key financial ratios, the company saw a sales revenue growth of 20.59% in 2022, compared to 30.91% in 2021. The net profit growth, however, decreased by 184% in 2022, compared to an increase of 120.04% in 2021. The net profitability was -7.21% in 2022, compared to 10.40% in 2021. The short-term obligations coverage ratio was 0.78 in 2022, compared to 1.17 in 2021. The Return on Equity (ROE) was -16.43% in 2022, compared to 16.89% in 2021.

Looking ahead, NBI Expedition Joint Stock Company plans to continue its operations in 2023. The company is committed to delivering high-quality services to its customers and driving sustainable growth in the years to come.