This company's branding has already reached 12,830 peopleand his is followed by 9 Storybook users.On average, the company has been rated 4.0 points.and commented 5 times.

's activity report 2022

Testlio OÜ's field of activity is computer program testing. In the 2022 fiscal year, the company's sales revenue was 5,369,283 euros (2021: 4,735,523 euros), and the majority of the revenue was sales to the parent company Testlio Inc. The reporting year ended with a profit of 488,662 euros (2021: 431,111 euros).

Next fiscal year, the plan is to continue in the same field of activity, increase the volume of work and the profitability of the company.

2022 2021

Sales revenue 5,369,283 4,735,523

Net profit 488,662 431,111

Equity 2,359,107 1,870,445

Total assets 3,114,608 2,561,741

Revenue growth 13% 14%

Net profitability 9% 9%

ROE 21% 23%

ROA 16% 17%

Formulas used in calculating ratios: (cid:127) Revenue growth (%) = (sales revenue 2022 - sales revenue 2021) / sales revenue 2021 * 100 (cid:127) Net profitability (%) = net profit / sales revenue * 100 (cid:127) ROE (%) = net profit / total equity * 100 (cid:127) ROA (%) = net profit / total assets * 100