PROFORCE INDUSTRY OÜ
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Already 37,737 people have seen this company's branding and they are being followed by 15 Storybook user.In average the company has been rated 4.8 points ja kommenteeritud 4 korda.
's activity report 2022
ProForce Industry OÜ, a subsidiary of Proforce Group OY and a member of the Proforce Group conglomerate, began its operations in 2015. The company has since established itself as a leading player in the industrial sector, specializing in subcontracting work in the installation of pipelines, equipment, and tanks, as well as assembly work in mechanical engineering. The company's products and services are divided into three main categories: 1. Installation of industrial pipelines and welding work: ProForce Industry OÜ has a team of highly skilled professionals who are adept at installing industrial pipelines and performing welding work. They ensure that all installations are done to the highest standards, ensuring safety and efficiency. 2. Welding work: The company also offers welding services, providing high-quality workmanship and using advanced welding techniques to ensure the durability and longevity of the welded structures. 3. Mechanical engineering: ProForce Industry OÜ is also involved in mechanical engineering, where they design, build, and maintain various types of machinery and mechanical systems. In the fiscal year 2022 (01.01.2022-31.12.2022), ProForce Industry OÜ reported a turnover of €9,140,010. The net profit from its economic activities was €787,602. The volume of transactions not made in euros is small, and the impact of exchange rates in this context is negligible. The company successfully expanded its customer base in Finland, Sweden, and the Estonian market during the fiscal year. It also managed to increase its efficiency, which is a testament to its commitment to continuous improvement and customer satisfaction. Looking ahead, ProForce Industry OÜ has set several key development directions for the next fiscal year. These include expanding its customer base further, restarting operations in the Netherlands and Norway, and increasing efficiency. These goals reflect the company's ambition to grow and strengthen its position in the market. The company's financial ratios for the period 01.01.2022-31.12.2022 compared to 01.01.2021-31.12.2021 show a significant improvement. The net profit margin increased from 2.53% to 8.62%, and the operating profit margin rose from 3.07% to 10.68%. The equity ratio also increased from 13.02% to 40.42%. The short-term obligations coverage ratio improved from 1.11 to 1.59, and the debt ratio decreased from 0.87 to 0.60. These figures indicate a strong financial performance and a healthy financial position. Madis Kollo, a member of the board, has been instrumental in steering the company towards these positive results. His leadership and strategic vision have played a crucial role in the company's success. In conclusion, ProForce Industry OÜ has demonstrated strong performance and growth in the past fiscal year. With its clear development directions for the upcoming year and its commitment to continuous improvement, the company is well-positioned to achieve even greater success in the future.
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