This company's branding has already reached 44,237 peopleand his is followed by 64 Storybook users.On average, the company has been rated 5.0 points.and commented 4 times.

's activity report 2022

Eltam OÜ, a renowned company in the electrical industry, continued its primary operations in the year 2022, focusing predominantly on the execution of electrical works. The company's activities were not limited to this, as they also engaged in the preparation of power supply projects, measurement of electrical installations, operational management, and the execution of technical control, albeit on a smaller scale. The company's business activities are characterized by seasonality, as construction activities tend to slow down during the winter months. During this period, the company shifts its focus to operational works and the search for new construction projects, including the preparation of price offers. In terms of environmental impact, Eltam OÜ's business operations do not generate significant effects. However, the company has made a conscious effort to contribute to the enhancement of its green footprint. This is evident in the construction of a solar park in 2020, with a capacity of 50kW, which is expected to contribute positively to the environment in the future.

In terms of financial performance, Eltam OÜ recorded a sales revenue of 1,590,278 euros in 2022, a slight decrease from the 1,766,053 euros recorded in 2021. The company ended the fiscal year 2022 with a profit of 27,122 euros, compared to a profit of 73,618 euros in 2021.

The company's wage expenses for 2022 stood at 422,302 euros, almost similar to the 424,848 euros recorded in 2021. The average number of employees, when adjusted for full-time employment, was 16. Over the years, the company has maintained a stable workforce without significant changes.

In 2022, Eltam OÜ distributed dividends to its owners amounting to 21,505 euros. As of the end of 2022, the company's equity ratio stood at 43.74%, a decrease from the 63.24% recorded in 2021. The return on equity (ROE) was 7.3%, compared to 20.19% in 2021.

The company's liquidity indicators are strong, with a solvency ratio/short-term debt coverage ratio of 1.82 as of December 31, 2022, compared to 3.06 in 2021. The payment behavior of the company's clients has been predominantly exemplary.

Moving forward, Eltam OÜ is set to continue its operations in 2023. The company calculates its key ratios using the following formulas: Equity ratio = Total equity / Total liabilities and equity; Solvency ratio/short-term debt coverage ratio = Total current assets / Total short-term liabilities; ROE = Fiscal year profit / Total equity; Net profit margin = Fiscal year profit / Sales revenue.