AB BUNKERING OÜ
Activity history
Company management, team and contacts
AB BUNKERING OÜ current status
This company's branding has already reached 3,304 peopleand his is followed by 30 Storybook users.On average, the company has been rated 5.0 points.but there is no comment.
's activity report 2022
Alexela Bunkering OÜ started its operations in August 2015.
The main activity of Alexela Bunkering OÜ is bunkering of ships and wholesale of petroleum products.
Main financial ratios 2022 2021
Equity multiplier (%) 21.80 12.01
Change compared to the previous period (%)
Sales revenue 48.98 44.10
Operating profit 75.28 -11.80
Net profit 119.33 464.12
Equity 81.23 69.75
Profitability ratios (%)
Operating return on sales 1.30 1.11
Net return on sales 1.54 1.04
Return on equity 41.91 34.63
Liquidity ratios
Payment ability multiplier 1.28 1.14
Operating return on sales = Operating profit / Sales revenue*100
Net return on sales = Fiscal year profit (loss) / Sales revenue *100
Return on equity = Fiscal year profit (loss) / Equity *100
Equity multiplier = Equity / Assets*100
Payment ability multiplier = Current assets / Short-term liabilities In 2023, the company will continue its main activity in the bunkering market, but will also look for opportunities to offer additional services, with the aim of maintaining the revenue base in a cooling economic environment.
Investments
Due to the nature of the company's operations, the company does not require significant fixed assets, all major services (automotive and maritime transport, terminal services, etc.) are purchased from third parties. The board does not foresee significant changes in the investment strategy in the next fiscal year.
Main risk factors:
The company's operations are generally not seasonal or cyclical, but rather depend on contracts. The company's operations do not involve environmental risks, as the company does not store fuel itself but uses storage facilities.
Stock price fluctuation risk
The company's operations are most affected by fluctuations in fuel prices on the world market, as the selling price of the products sold by the company depends on the world market price of the respective product. Since the company's suppliers also base their pricing on the world market price, the company's strategy has been to match the periods of purchase and sale price formation. If this is not successful, various derivatives are used to hedge the price risk.
Currency risk
Since fuel prices are quoted in US dollars, the company's financial results are also affected by the exchange rate of the US dollar against the euro. To hedge this risk, the company tries to balance the structure of revenues/expenses in terms of currencies and to involve borrowed funds mainly in US dollars, which as a whole ensures the minimization of currency risk.
AB BUNKERING OÜ contacts
Dropdown
File a complaint
Choose the comment attribute that you think it contains:
You want to report an inappropriate comment.
Are you sure?
Are you sure you want to delete this article?