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's activity report 2022

Transmark OÜ continued its transportation activities in 2022, keeping in mind the company's set goals and strategies. The year was challenging as the Ukrainian-Russian war at the beginning of the year caused a sharp rise in energy prices and other costs. The company actively worked to maintain the sustainability and performance of its operations.

Areas of Activity

Transmark OÜ's area of activity focused on the following areas: 1. Transportation services: The company provided transportation services in both freight and logistics solutions.

We aimed to ensure fast, reliable and cost-effective freight for our customers.

2. Terminal construction: At the beginning of the year, we successfully completed the construction of Tartu and Kuressaare terminals.

These terminals complemented our existing infrastructure and allowed for better goods transshipment and storage. The new terminals supported the expansion and efficiency of our transportation activities.

Financial Status

The rapid increase in energy prices and costs due to the Ukrainian-Russian war affected our company's financial status.

In order to cover the increased costs, we were forced to raise the prices of transport services. Although this helped to alleviate the impact of costs, it also posed challenges to our competitiveness in the market. However, we tried to maintain a fair price and quality ratio and ensure customer satisfaction.

Company Management

Transmark OÜ management constantly monitored the company's activities and set goals according to changing circumstances. Despite the complexity of the situation, we acted quickly and efficiently to adapt to new conditions and make necessary changes in our business plans and processes. Our team worked as one to maintain the company's strong market position.

Future Perspectives

Looking to the future, Transmark OÜ will continue to develop and expand its activities according to market needs. We are aware that competition remains a challenge and the success of the company depends on our ability to provide quality services at a competitive price. We aim to use technological innovations and efficient logistics solutions to maintain our competitive advantage and meet customer expectations.

Summary

Transmark OÜ's 2022 activities were affected by the sharp rise in energy prices and other costs caused by the outbreak of the Ukrainian-Russian war. The company responded quickly to these challenges, raising the prices of transport services to cover increased costs. We have focused on our operations to maintain our market position and ensure customer satisfaction. Despite the challenging circumstances, we are ready to continue the company's growth and development according to market conditions in the future.

All assets and liabilities of the reporting period have been accounted for in the balance sheet of OÜ Transmark for 2022. The 2022 financial report has been prepared in accordance with the laws in force in the Republic of Estonia and the basic requirements of the Estonian financial reporting standard.

In 2022, there were 110 employment contracts, on the basis of which work and additional remuneration was paid out in the amount of 1,482,308 EUR.

The board of OÜ Transmark consists of 2 members and the remuneration for the members of the management bodies amounted to 55,790 EUR in 2022.

The company's operating profit for 2022 was 532,198 EUR and net profit 437,671 EUR.

In 2022, 82% of total turnover consisted of contracts with the Republic of Estonia and 18% of contracts with European Union countries.

Some financial ratios that characterize the company's activities: 2022 2021

Sales revenue (in euros) 9,126,991 7,625,578

Turnover growth (%) 19.69 15.3

Net profit (-loss)(in euros) 437,671 249,223

Short-term liabilities coverage ratio (in euros) 0.81 0.88

Solvency ratio 0.38% 0.33%

ROA (%) 8.87% 6.03%

ROE (%) 23.44% 17.44%