This company's branding has already reached 17,638 peopleand his is followed by 12 Storybook users.On average, the company has been rated 1.0 points.and commented 2 times.

's activity report 2022

General Information

DETAILELEMENT OÜ is a company based on Estonian capital, which started to operate actively from 10.05.2022. The main activity of DETAILELEMENT OÜ is the production and sale of prefabricated reinforced concrete products.

DETAILELEMENT OÜ mainly operates in the Estonian and Finnish market.

The company is located in Tartumaa, Mingi tee 17, Reola village Kambja Parish. The current financial year report includes the company's activities during the period 01.01.2022 to 31.12.2022.

In 2022, the company employed an average of 61 people.

Fixed assets were acquired in 2022 for a total of 37497 euros.

2022 turnover 4 312 393 euros.

Operating Environment

Large turnover increases for manufacturers are due to a large increase in raw material prices, which were passed on in sales prices. The start of the war caused a large shortage of materials and a price increase. The second half of 2022 was very strong in residential construction and the demand for reinforced concrete products was very good.

However, for 2023, we predict a large decline in construction volumes. This in turn will also cause a decrease in production volumes for the reinforced concrete company. To mitigate risks and improve financial results, the goal is to grow the customer base and ensure sales volumes for existing customers and offer solutions with higher added value.

Investments.

Planned to start the establishment of night panel production in 2023.

Economic Indicators

Ratios 2022

Turnover growth %

Gross profit margin% 10.9%

Net profitability % 3.33%

Short-term obligations coverage ratio 1.11

Formulas used in calculating ratios:

Turnover growth (%) = (sales revenue 2022-sales revenue 2021) / sales revenue 2021 * 100

Gross profit margin (%) = gross profit/ sales revenue * 100

Net profitability (%) = net profit/ sales revenue * 100