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ESTNETI OÜ

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ESTNETI OÜ current status

This company's branding has already reached 2,641 peopleand his is followed by 165 Storybook users.On average, the company has been rated 4.0 points.and commented 5 times.

's activity report 2022

Estneti Osaühing is part of the Betsson Group. The parent company of the consolidation group is a holding company listed on the Swedish stock exchange, which invests in businesses operating in the remote gambling sector.

Estneti Osaühing provides support services to other companies in the same consolidation group. The support services provided are game platform software development and system administration, and legal advice. There are no sales to third parties.

In 2022, business operations continued similar to the previous year without significant changes. The provision of services will continue in 2023. Based on the changed needs within the consolidation group, there are plans to focus more on the development of gambling websites. Due to increased demand,

The number of employees at Estneti Osaühing increased in 2022. The same trend will continue in 2023.

Since Estneti Osaühing is a service provider to the consolidation group and the group's need for software development services has not changed, it can be said that Covid-19 and the Russian-Ukrainian war have not affected the company's operations.

Key financial ratios of Estneti Osaühing

Financial ratio 2021 2022

Sales revenue (in euros) 3 820 517 5 324 160

Liquidity ratio 2.38 1.85

Debt ratio 0.39 0.41

Net profitability of sales revenue 13.27% 11.32%

Methodology for finding ratios:

Liquidity ratio: Current assets / Short-term liabilities

Debt ratio: Total liabilities / Balance sheet total

Net profitability of sales revenue: Profit for the financial year / Sales revenue x 100 (%)

ESTNETI OÜ contacts

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