Already 4,381 people have seen this company's branding and they are being followed by 30 Storybook user.In average the company has been rated 4.5 points ja kommenteeritud 89 korda.

's activity report 2022

US Parts Balti OÜ is a leading company specializing in the retail and wholesale of spare parts for American cars, boats, and oils. Additionally, the company also offers car repair and maintenance services. The company's primary operations are based in the United States, but it has a significant presence in the Baltic region as well. The company's projected turnover growth in car spare parts sales is approximately 3%, depending on the overall economic situation in the republic. This growth is influenced by various factors, including market trends, consumer demand, and the state of the economy. The company also anticipates an increase in the proportion of car repairs, with a projected turnover growth of around 3%. This is due to the increasing number of older vehicles requiring repairs on the market, coupled with a large number of new and warranty cars being returned to leasing companies. The turnover growth in boat parts is only possible if the production for the export of watercraft reopens in the Scandinavian countries, and consequently, the increase in production volumes in Estonia. This is a potential growth area for the company, given the strong demand for watercraft in these regions. The company expects a turnover growth of 4-5% for oils and lubricants. This is due to the increasing demand for these products in the automotive and marine sectors. The current situation of tuning and racing equipment is unpredictable as it is a niche product. However, the company is continuously monitoring market trends and consumer preferences to adapt its product offerings accordingly. The company's loss will be covered by the profits of 2023. This is a strategic decision made by the company to ensure its financial stability and long-term growth. The company is continuously operating, and the board confirms that the annual accounting report accurately and fairly reflects the company's financial situation and economic results. The main ratios for 2022 and 2021 are as follows: - Sales revenue: 964,394 in 2022 and 971,584 in 2021 - Turnover growth: -0.74% in 2022 and 15.25% in 2021 - Gross profit margin: -20% in 2022 and 0.09% in 2021 - Net profit/loss: -191,379 in 2022 and -94,303 in 2021 - Profit growth: -102.9% in 2022 and -158.6% in 2021 - Net profitability: -19.84% in 2022 and 0.09% in 2021 - Short-term obligations coverage ratio: 0.67 in 2022 and 0.79 in 2021 - ROA: -24.47% in 2022 and -13.09% in 2021 - ROE: -107.94% in 2022 and -669% in 2021 These ratios were calculated using the following formulas: - Turnover growth (%): (sales revenue 2022 - sales revenue 2021) / sales revenue 2021 * 100 - Gross profit margin (%): gross profit / sales revenue * 100 - Profit growth (%): (net loss 2022 - net loss 2021) / net loss 2021 * 100 - Net profitability (%): net loss / sales revenue * 100 - Short-term obligations coverage ratio (times): current assets / short-term liabilities - ROA (%): net loss / total assets * 100 - ROE (%): net loss / total equity * 100