Already 5,929 people have seen this company's branding and they are being followed by 89 Storybook user.In average the company has been rated 3.9 points ja kommenteeritud 5 korda.

Strategic decision: We do not want to increase the customer base
Board member Rene Heinsalu (07.08.2024): "We focus only on high-quality service and maintaining relationships with existing customers. There are no plans to increase the customer base."

's activity report 2022

The focus of OÜ Expolio was on the interior and exterior finishing of buildings. The company has continuously invested in service development and improving the efficiency of the service process. The number of both cooperation partners and clients has increased.

By the end of the fiscal year, the volume of real estate transactions had stabilized compared to the previous period. The availability of labor and construction materials normalized.

The most important projects of 2022 were

Interior finishing of Raadiku apartments

Renovation of Kaiu school and kindergarten

The net turnover of OÜ Expolio in 2022 was 3,266,092 euros. (In 2021 it was 3,675,487 euros) and the profit was 83,029 euros (In 2021 the profit was 6,971 euros).

The balance sheet total of the company as of 31.12.2022 was 2,138,027 euros (2021: 1,543,212 euros), equity 1,005,225 euros (2021: 922,197 euros)

A total of 487,297 euros was invested in real estate during the reporting period.

At the end of the reporting period, OÜ Expolio employed 11 workers and 1 board member. (In 2021 there were 19 workers.)

OÜ EXPOLIO mainly settles with domestic buyers and therefore only euros are used for settlement with suppliers, which implies that the currency risk is hedged. The interest on the company's long-term leases is linked to EURIBOR. The EURIBOR level started to rise in the second half of the year, which doubles the company's financial costs. Since there are not many loans and leases in total, the impact is not significant.

In the new fiscal year, the company plans to continue with its current activities and the main goal, as in previous years, is to maintain and secure the company's market position.

Financial ratios (cid:127) Operating profitability = net profit / sales revenue = 0.025% (2021:0.0002%) (cid:127) Return on Assets (ROA) = net profit / total assets = 0.05 (2021: -0.005) (cid:127) Return on Equity (ROE) = net profit / equity = 0.082 (2021: -0.008) (cid:127) Current ratio = current assets / current liabilities = 0.565 (2021: -0.81)