Already 4,168 people have seen this company's branding and they are being followed by 17 Storybook user.In average the company has been rated 4.3 points ja kommenteeritud 65 korda.

's activity report 2022

The main activity of the company is the purchase of scrap metal from individuals and other companies. The purchased scrap metal is sorted according to the categories prescribed in waste management and sold to large scrap metal buyers.

Small amounts of scrap metal are sold for recycling.

The company also engages in property management and agriculture to a small extent.

Plans are in place to engage in rural tourism, which is closely related to agricultural activities.

In 2022, the company's main task was still related to expansion plans. Investments were made in equipment. Agricultural activities continued. Area support for land cultivation was received from the Rural Development Foundation. Investments were made in the development of rural tourism and new real estate objects. Fixed assets were acquired for nearly 700 thousand euros.

In 2023, the plan is to continue the already established activities in the existing fields of activity, to increase the share of agriculture. Plans are to expand business activities to new areas, such as property management and rural tourism.

Ratios: 2022 2021

Revenue growth/ decrease (%) -25.72 117.44

Profit growth/ decrease (%) -63.21 614.76

Net profitability (%) 11.57 23.36

Short-term liabilities coverage ratio (times) 11.58 8.24

ROA (%) 16.60 52.58

ROE (%) 16.86 55.14

Formulas used in calculating ratios: (cid:127) Revenue growth/ decrease (%) = (sales revenue 2022 - sales revenue 2021/ sales revenue 2021 * 100 (cid:127) Profit growth/ decrease (%) = (net profit 2022 - net profit 2021/ net profit 2021 * 100 (cid:127) Net profitability (%) = net profit/ sales revenue * 100 (cid:127) Short-term liabilities coverage ratio (times) = current assets/ short-term liabilities (cid:127) ROA (%) = net profit/ total assets * 100 (cid:127) ROE (%) = net profit/ total equity * 100