Already 27,422 people have seen this company's branding and they are being followed by 29 Storybook user.In average the company has been rated 4.5 points ja kommenteeritud 300 korda.

's activity report 2022

OÜ Taivoster Baltic, a prominent company in the Baltic region, has successfully increased its sales revenue by approximately 5% in the year 2022. This achievement is a testament to the company's unwavering commitment to its annual goal of boosting sales revenue, discovering new and exciting products, and remaining open to new clientele. The company's objective for the year 2023 is to maintain this momentum throughout the year. OÜ Taivoster Baltic is a private limited company that specializes in the retail and wholesale of work clothes, footwear, personal protective equipment, tools, and household goods. The company is conveniently located at Turu 45B in the Sepa Centre, making it easily accessible to its customers. A closer look at the company's key financial ratios reveals a positive trend. In 2022, the company's sales revenue was 2,258,166, a significant increase from 2,148,026 in 2021. The net profit also saw a substantial rise from 10,385 in 2021 to 15,437 in 2022. The net profitability ratio, which is calculated by dividing the net profit by the sales revenue and multiplying by 100, increased from 0.48% in 2021 to 0.68% in 2022. This indicates that the company was more profitable in 2022. The short-term obligations coverage ratio, calculated by dividing current assets by short-term liabilities, was 2.29 in 2022, slightly lower than 2.48 in 2021. This suggests that the company had slightly less current assets to cover its short-term liabilities in 2022 compared to 2021. The Return on Assets (ROA), which is calculated by dividing the net profit by the total assets and multiplying by 100, increased from 1% in 2021 to 2% in 2022. This shows that the company was more efficient at using its assets to generate profit in 2022. The Return on Equity (ROE), calculated by dividing the net profit by the total equity and multiplying by 100, also increased from 2% in 2021 to 3% in 2022. This indicates that the company was more effective at using its equity to generate profit in 2022. In conclusion, OÜ Taivoster Baltic has demonstrated a strong financial performance in 2022, with improvements in key financial ratios. The company's commitment to increasing sales revenue, discovering new products, and remaining open to new clients has paid off, and it is well-positioned to achieve its goal of maintaining this momentum in 2023.