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BIT AS

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Business media page visits - 3193; followers - 70. Reviews - 1; Articles 1+ "Write an opinion on BIT AS!"

BIT AS current status

This company's branding has already reached 3,193 peopleand his is followed by 70 Storybook users.On average, the company has been rated 5.0 points.but there is no comment.

's activity report 2022

The main activity of the business is book publishing, including 90% of the books published are educational publications. The net turnover for 2022 was 4,685,657 euros, which is 250,166 euros less than the turnover in 2021.

The business continues to develop new and modern educational sets (textbooks, workbooks, methodological and additional materials, maps, summaries, atlases, worksheets, CDs and multimedia products, literature series, etc.).

In 2022, the publishing house continued the development of e-lesson. E-lesson is an information technology tool for quality preparation, implementation and summarizing of the lesson. The entire e-lesson is easy to use even for a computer-remote teacher, the user interface is intuitive and clear. The e-lesson has everything necessary for teaching: work plan, lesson structure, objectives, prior knowledge, schemes, graphs, pictures, videos, animations, simulations, sound clips, etc. to illustrate the lesson, answers, control work, lesson controls, worksheets for practicing, consolidating and repeating the learned.

The e-lesson software solution has reached actual use in schools, the user interface is constantly updated with the aim of making its use more convenient. The company has hired additional workforce for the preparation and illustration of the substantive information of the corresponding classes and subjects of the e-lesson. Most of the designers of the publishing house have undergone retraining to work with electronic learning materials. The publishing house increasingly focuses on teacher training. Conferences have been held in Tartu and Tallinn, an important part of which has been the use of e-materials and courses for both completed and upcoming e-lessons.

The publishing house also works with several completely new areas: Avita educational material digitization project, development of an electronic educational set model, creation of electronic textbooks and creation of know-how for digitizing existing educational materials. Integration of electronic educational materials with electronic learning and sales environments. Developments in the structure of educational material metadata.

Digitization of educational materials. In 2022, a large number of our publishing house's products were added to the OPIQ environment's educational material repository.

FINANCIAL RATIOS 2022 2021

Sales revenue (euros) 4685657 4935823

Revenue growth -5.07% 15.13%

Net profit (euros) -227344 717218

Profit growth -131.70% 36.76%

Net profitability -4.85% 14.53%

Short-term obligations coverage ratio 1.58 2.83

ROA -7.77% 20.83%

ROE -17.43% 28.59%

Revenue growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100 _ Profit growth (%) = ( net profit 2022 - net profit 2021)/net profit 2021 * 100 _ Net profitability (%) = net profit/ sales revenue * 100 _ Short-term obligations coverage ratio (times) = current assets/short-term obligations _ ROA (%) = net profit/ total assets * 100

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