This company's branding has already reached 3,384 peopleand his is followed by 23 Storybook users.On average, the company has been rated 4.6 points.and commented 1 time.

's activity report 2022

1. Introduction

AS Baltic Tours has been operating in the Estonian tourism market since 1989 as a universal travel agency. The main activity of the company is the retail and wholesale of travel services, which includes direct sales to business and private customers as well as sales to intermediaries.

Baltic Tours is focused on providing quality travel services and quality customer service, offering all the most common travel services.

Since 1996, Baltic Tours AS has been accredited by the International Air Transport Association (IATA), which gives the right to issue international flight tickets.

Baltic Tours AS is a member of the Estonian Association of Tourism Companies, the Estonian Convention Bureau and the Estonian Chamber of Commerce and Industry.

2. Main financial indicators and ratios In 2022, the total sales of travel services amounted to 16,084,810 euros.

2022 2021

Sales revenue (EUR) 16,084,810 3,425,388

Revenue growth 369.6% 105.6%

Net profit (EUR) 145,700 57,698

Profit growth 152.5% 236.3%

Net profitability 0.9% 1.7%

Coverage ratio of short-term obligations 2.6 6.2

ROA (return on assets) 4.9% 2.9%

ROE (return on equity) 7.9% 3.4%

Formulas used in the calculation of ratios: (cid:127) Revenue growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100 (cid:127) Profit growth (%) = (net profit 2022 - net profit 2021)/ net profit 2021 * 100 (cid:127) Net profitability (%) = net profit/ sales revenue * 100 (cid:127) Coverage ratio of short-term obligations (times) = current assets/short-term obligations (cid:127) ROA (%) = net profit/ total assets * 100 (cid:127) ROE (%) = net profit/ total equity * 100