Already 3,075 people have seen this company's branding and they are being followed by 60 Storybook user.In average the company has been rated 4.6 points ja kommenteeritud 25 korda.

's activity report 2022

The main activity of AS Viru-Nigula Saeveski is the production of sawn timber.

AS Viiratsi Saeveski together with its subsidiaries AS Aegviidu Puit, AS Viru-Nigula Saeveski and OÜ

Nordwood form a group. The companies use the common trademark NORDWOOD.

Significant events and investments

Production stoppages due to lack of raw materials.

Raw material imports from Sweden, Norway, Finland.

Establishment of a solar park to supply electricity to wood dryers.

The key financial ratios of AS Viru-Nigula Saeveski are:

Year 2022 2021

Liquidity ratio 2.66 3.10

Debt ratio 0.21 0.27

Asset turnover 3.02 3.50

Net profit margin % 12.50 19.96

Return on total assets ROA% 37.78 69.81

Return on equity ROE% 46.11 71.56

EBITDA 3 822 4 256

Formulas used in calculating ratios:

Liquidity ratio: (Current assets - inventories) / Short-term liabilities

Debt ratio: Total liabilities / Total assets

Asset turnover: Sales revenue / Average total assets

Net profit margin: Net profit / Sales revenue (%)

Return on total assets: Net profit / Average total assets (%)

Return on equity: Net profit / Equity (%)

E BITDA: operating profit + depreciation (thousands of euros) 2023 year

The company's planned sawn timber production volume is approximately 58 thousand m3 of sawn timber.