Already 4,506 people have seen this company's branding and they are being followed by 29 Storybook user.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

Nord Varaliising OÜ was established in 2007 and our main activity is providing financing solutions to Estonian businesses. Our vision is to be the market-leading partner in financing movable assets.

The solutions we offer create added value for both partners and end customers. The goal of Nord Varaliising is to make complex financial products simple and convenient for customers.

The company's turnover in 2022 was 4.52 million euros and net profit 313 thousand euros.

In 2022, the company had an average of 3 employees, who were paid a gross salary of 53 thousand euros based on contracts, including a board member's fee of 2 thousand euros.

The goal for 2023 is to continue offering simple and convenient financing services to business clients. Plans include expanding the range of services offered and introducing modern IT solutions into existing products.

Financial ratios in 2022 compared to 2021: 2022 2021

Sales revenue 4 523 458 1 240 638

Profit/loss 313 200 61 060

Short-term obligation coverage ratio (current assets / short-term obligations) 4.89 6.57

ROE - Return on equity, in % (net profit / equity x 100) 45.45% 16.24%

ROA - Return on total assets, in % (net profit / total assets x 100) 39.15% 14.56%