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's activity report 2022

The main activity of Larsen Kaubanduse OÜ is the sale and maintenance of Yamaha motorcycles, snowmobiles, ATVs, boats and jet skis. We also supply the aforementioned product groups with spare parts and accessories.

In 2022, the turnover was 4.22 million euros (in 2021 it was 2.77 million euros). Larsen Kaubanduse OÜ's sales revenue consisted of 12.8% (2021 - 4.5%) outside Estonia and 87.2% (2021 - 95.5%) sales to Estonia.

2022 2021

Net profit margin: net profit/sales revenue 4.5% 2%

Operating profit margin: Operating profit/ sales revenue 4.9% 2%

Return on assets per year: net profit/ average assets for the period 15% 5%

Equity amount: equity/total assets 73% 70%

Short-term obligation coverage ratio: current assets/short-term obligations 3.6 3.3