This company's branding has already reached 2,905 peopleand his is followed by 20 Storybook users.On average, the company has been rated 4.8 points.but there is no comment.

's activity report 2022

OÜ Skovex has been operating since 2003. The main activity of the company is the sale of forestry machines and their spare parts.

In 2022, the turnover increased compared to 2021 and the market share achieved in previous years continued to be secured in Estonia and EU countries. The company has mainly been dealing with the mediation of used forestry machines and their spare parts.

The sales revenue for the reporting year was 7,633,803 euros, an increase of 47% per year. Sales revenue accounted for 32%

in Estonia, 58% in EU countries, and 10% in other countries. The year ended with a profit of 1,174,928 euros.

The following table refers to the financial indicators of OÜ Skovex compared to the previous year:

Indicators (in thousands of euros) 2022 2021

Sales revenues 7064 3733

Operating profit 1183 1349

Net profit 1175 1342

Assets 3648 2258

Equity 2958 1783

ROA (net profit/assets) 32.2% 59.4%

ROE (net profit/equity) 39.7% 75.3%

Net profitability (net profit/sales revenue) 16.6% 35.9%

Liquidity level (current assets/short-term liabilities) 5.5 4.7

In our opinion, the next financial year will not bring significant changes, activities will continue in the same areas trying to find new partners - the focus is primarily on cost savings.

The company's governing body is a one-member board.

Hannes Ilves board member