Already 8,031 people have seen this company's branding and they are being followed by 35 Storybook user.In average the company has been rated 4.8 points but has not been commented.

's activity report 2022

Ferresto Laser OÜ, a company that has been making waves in the construction industry, was established on the 13th of August, 2015. The company's primary focus is on the manufacturing of structures made from stainless steel, aluminum, and black metal. With a keen eye on the changing times and trends, Ferresto Laser OÜ has the capability to create suitable solutions for even the most complex projects. The company's clientele is diverse, spanning across various sectors. They have been instrumental in the successful execution of numerous projects, including residential construction, spas and water centers, sports facilities, and playgrounds. In addition to this, they also cater to the energy industry and companies in the field of mechanical engineering. The medical field is another area where Ferresto Laser OÜ has made its mark, producing stainless steel accessories. In the reporting year, Ferresto Laser OÜ has seen a significant increase in sales revenue, reaching a whopping 5,213,350 euros. The plan for the upcoming year is to maintain this momentum and hold onto their current market position. The financial ratios for the fiscal years 2022 and 2021, along with their calculation methodology, are as follows: - Sales growth for 2022 and 2021 was 15 and 78 respectively. - Profit growth for 2022 and 2021 was 21 and 132 respectively. - Net profitability for both years was 11. - The coverage ratio for short-term liabilities was 4 for both years. The formulas used for calculating these ratios are: - Sales growth (%) = (sales revenue 2022 – sales revenue 2021)/ sales revenue 2021 * 100 - Profit growth (%) = (net profit 2022 – net profit 2021)/ net profit 2021 * 100 - Net profitability (%) = net profit/ sales revenue * 100 - Coverage ratio for short-term liabilities (times) = current assets/short-term liabilities The company's CEO, Egert Palmiste, has been at the helm, steering the company towards its current success. With a clear vision and a strong team, Ferresto Laser OÜ is poised for even greater achievements in the future.