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's activity report 2022

The main activity of OÜ LVR Technology and Logistic is the wholesale of electronic components and parts.

The sales revenue for 2022 amounted to 12,532 thousand euros (2021: 12,638 thousand euros).

The company ended the reporting year with a profit of 788 thousand euros (2021: 549 thousand euros).

The average number of employees during the reporting year is 6 people (2021: 5 people).

Labour costs amounted to a total of 125 thousand euros (2021: 86 thousand euros).

Fixed assets were acquired during the year for a total of 194 thousand euros (2021: 42 thousand euros).

No major investments are planned for the next fiscal year.

The main goal for the next fiscal year is to find new clients and increase sales revenue.

The company's key financial ratios: 31.12.2022 31.12.2021

Business profitability 7.28 4.52 (operating profit/sales revenue) %

Net profitability 6.29 4.35 (net profit/sales revenue) %

Return on equity ROE 68.99 83.95 (net profit/equity) %

Total asset profitability 11.58 16.53 (net profit/assets) %

Short-term liabilities coverage ratio 1.16 1.22 (current assets/short-term liabilities), times

The company's management confirms that the company continues to operate.