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's activity report 2022

OÜ Väderstad was established in 2002. Our main activity is the sale and maintenance of Väderstad AB products in Estonia.

The main sales articles are cultivators and soil cultivation machines and their spare parts.

2022 was a successful year for Väderstad OÜ. Turnover increased in both agricultural machinery and spare and consumable parts sales, with record turnovers achieved in both. The increase in turnover is significantly influenced by the rise in prices.

The market share remained the same in 2022 as in the previous year.

In 2023, Väderstad OÜ will continue the sale and maintenance of Väderstad AB products in Estonia.

The new financial year is already covered by orders, so a large part of the business risk is hedged. We also forecast sales growth for 2023.

Recently, there is a clear trend in the market for the sale of more expensive and larger machines.

Most common ratios for 2021- 2022:

Initial data (thousand EUR) 2022 2021

Current assets 3126 2675

Short-term liabilities 1155 941

Liabilities 1155 941

Assets 3216 2798

Profit for the reporting year 454 362

Financial ratio Formula 2022 2021

Net working capital Current assets-short.term liab. 1971 1734

Short-term debt coverage ratio Current assets/short-term liabilities 2.7 2.8

Debt ratio Liabilities/assets 0.36 0.34

Return on assets Profit/total assets 0.14 0.13

Tarmo Jõemägi

Board member