This company's branding has already reached 52,143 peopleand his is followed by 21 Storybook users.On average, the company has been rated 5.0 points.and commented 1 time.

's activity report 2022

In the fiscal year of 2022, Teamservice OÜ, a private limited company, primarily engaged in electrical installations and retail sale of electrical accessories. The company plans to continue its operations in these areas in the fiscal year of 2023. The management board of the private limited company consists of one board member, who was not paid a management fee. During the fiscal year, payments of 218,733 were made to the Tax and Customs Board. In the 2022 fiscal year, the sales revenue was 843,813, and in 2021, the sales revenue was 854,050. The distribution of this revenue was as follows:In 2022, other retail sales (47991) accounted for 71,126 or 8% of the total revenue, while in 2021, it accounted for 161,968 or 19% of the total revenue. Electrical installation (43211) in 2022 accounted for 772,687 or 92% of the total revenue, while in 2021, it accounted for 692,082 or 81% of the total revenue. The main financial ratios for 2022 and 2021 were as follows:Sales revenue in 2022 was 843,813 and in 2021 it was 854,050. The gross profit in 2022 was 557,247 and in 2021 it was 398,932. The gross profit margin in 2022 was 66% and in 2021 it was 47%. The net profit/loss in 2022 was 88,686 and in 2021 it was -191,516. The short-term liabilities coverage ratio in 2022 was 1.43 and in 2021 it was 1.03. The liquidity ratio in 2022 was 0.12 and in 2021 it was 0.08. The equity debt ratio in 2022 was 2.14 and in 2021 it was 8.89. The ROE in 2022 was 70% and in 2021 it was not applicable. The ROA in 2022 was 22% and in 2021 it was not applicable.

The formulas used to calculate these ratios were as follows:Gross profit = sales revenue - cost of goods and materialsGross profit margin (%) = gross profit / sales revenue x 100Short-term liabilities coverage ratio = current assets / short-term liabilitiesLiquidity ratio = cash / short-term liabilitiesEquity debt ratio = liabilities / equityROE = net profit / equity x 100ROA = net profit / assets x 100