This company's branding has already reached 2,574 peopleand his is followed by 5 Storybook users.On average, the company has been rated 4.5 points.but there is no comment.

Strategic decision: No desire to increase customer base
Board member Morten Virkus (28.11.2024): "We focus only on providing high-quality service to existing customers and maintaining relationships. We do not plan to increase our customer base."

's activity report 2022

INTRODUCTION

Baltic Brewing Supplies OÜ is a company that mainly deals with the sale of materials necessary for beer production.

In 2022, the economic environment in Estonia and around the world was challenging. The economic environment was particularly affected by the war in Ukraine, the rapid rise in energy prices, high inflation, and increased interest rates.

REVENUE In 2022, Baltic Brewing Supplies OÜ's sales revenue was 5,213,907 euros. In 2021, the sales revenue was 4,209,485 euros. We managed to increase our turnover by 23.9% during the reporting year.

Sales revenue was only obtained from the main activity.

STAFF

During the reporting year, the company employed an average of 7 employees under employment contracts. The labor cost was 178,394 euros. In 2021, there were 6 employees and the total labor costs were 145,713 euros.

In 2022, a total of 19,709 euros was paid to the board members as remuneration, in 2021, the remuneration was 22,144 euros.

GOALS FOR THE NEXT FISCAL YEAR

Increasing turnover, optimizing costs and securing the company's market position in existing markets.

If necessary, involving additional people in the company's activities.

IMPORTANT RATIOS

Formula 2022 2021 sales revenue 2022 – sales revenue 2021)/

Turnover growth % sales revenue 2021 23.9% 38.15% net profit/

Net profitability % 7.3% 8.4% sales revenue

Short-term working capital/short-term obligations 1.6 2.4 coverage ratio net profit / assets

ROA % 32.7% 44.2% total net profit /

ROE % 76.8% 76.1% total equity