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's activity report 2022

The company Narva E.L.M.E. OÜ started its operations in February 1997.

The company sells and supplies metal products, gas welding equipment, and gas.

The main metal warehouse is located in the city of Narva.

The company has concluded supply contracts with international companies for the import of materials into the territory of the Republic of Estonia. Work with international partners was successful. The company's main partners (suppliers) are businesses from Poland, Lithuania, Latvia, Romania, Italy, and Turkey.

We have successfully fulfilled all contractual obligations. There were no complaints from customers.

Our warehouses are equipped with all necessary lifting mechanisms for the convenient reception and delivery of rolled metal products.

We use our own transport to deliver rolled metal to customers.

The sales revenue for 2022 is 8,965,352 euros and the net profit is 961,042 euros.

During the year, 17 people worked in the company. The salary of the employees was 231,324 euros, the salary of the board members was 49,090 euros.

There is no seasonality in the company's operations, although it can be influenced by economic cycles, in conditions of economic growth, the investment and expansion activity of companies significantly increases. The company's activities do not have a significant impact on the environment, nor do they have a significant social impact on the labor market.

Main financial indicators 2022 2021 net profit

Net sales profitability 10.7% 19.1% net profit

Return on investment total assets 13.3% 38.1% net profit

Return on equity 13.9% 43.5%