Already 5,379 people have seen this company's branding and they are being followed by 12 Storybook user.In average the company has been rated 4.6 points ja kommenteeritud 300 korda.

's activity report 2022

Motonet Estonia OÜ's first entry was on 01.06.2010. The fiscal year period is 01.10.2021-30.09.2022. Motonet Estonia OÜ's main activity is a shopping center in Tallinn, which deals with the retail sale of various goods. The main product groups are car goods, spare parts, tools and construction, motorcycle and bicycle goods, fishing and hiking supplies, boat supplies, and home and leisure goods.

The plan for the next fiscal year is to continue active sales activities. The popularity of the Motonet department store has grown rapidly among both private consumers and companies in the past fiscal year. We will continue local and nationwide advertising activities and campaigns to further increase the department store's cash sales and e-store sales in the new fiscal year.

The immediate surroundings of the Motonet department store are developing rapidly, and more commercial enterprises are expected to be established on Tähesaju Road in the current fiscal year. The addition of various goods and service providers to the area will make the area more attractive to potential customers, and it is realistic to expect this to have a positive effect on the number of visitors to Motonet.

The company had 36 employees. There are 2 board members and no remuneration was paid to the board members.

Main financial ratios:

Ratio 2022 2021

Sales revenue (thousand eur) 8 918 6 916

Turnover growth 28.9 % 8.0%

Net profit/loss (thousand eur) 316 259

Profit growth(+)/ decrease(-) 22.0 % -22.7 %

Net profitability 3.54 % 3.74%

Coverage ratio of short-term liabilities 2.71 4.33

ROA 8.43 % 9.50%

ROE 13.06 % 12.33 %

Formulas used in calculating ratios: • Turnover growth(%)= (sales revenue 2022 - sales revenue 2021) / sales revenue 2021 *100 •Profit growth/decrease(%)= (net profit 2022 - net profit 2021) / net profit 2021 *100 •Net profitability(%)= net profit/ sales revenue *100 • Coverage ratio of short-term liabilities (times)= current assets/ short-term liabilities •ROA(%)= net profit/ total assets *100 •ROE(%)= net profit/ total equity *100

The Board confirms the annual report: 08.11.2022