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's activity report 2022

EVO FURNITURE OÜ has changed its business name, the former name was TMT SUB OÜ

EVO FURNITURE OÜ mainly operated in 2022 in the field of business: (cid:127) Furniture sales and installation (cid:127) Leasing of own real estate

The subsidiary of EVO Furniture OÜ is:

Turbotrade Oü (activity has been suspended)

The main goal of EVO Furniture OÜ for the next fiscal year is to effectively use its assets and increase profit.

OÜ EVO Furniture is a continuously operating company.

The main financial ratios of EVO Furniture OÜ are: 2022 2021

Sales revenue 1 844 663 2 483 264

Net profit -1 481 336 921 925

Coverage ratio of short-term liabilities 1.2 7.8

ROA (%) -30.9% 19.5%

ROE (%) -51.4% 20.5%

Methodology for calculating financial indicators:

Coverage ratio of short-term liabilities = current assets / short-term liabilities

ROA (%) = net profit / total assets * 100

ROE (%) = net profit / equity *100