This company's branding has already reached 2,084 peopleand his is followed by 2 Storybook users.On average, the company has been rated 3.3 points.but there is no comment.

's activity report 2022

The main activity of Insta Globe Engineering OÜ is the execution of electrical installation work. The company's sales revenue increased by 98 percent to 3.29 million euros and net profit increased by 131 percent to 56.7 thousand euros. The main growth in sales revenue came from the implementation of large industrial projects in the Nordic countries.

The board of Insta Globe Engineering OÜ consists of one member, who was paid a salary of 37,200 euros in 2022. The average number of employees during the financial year was 3 and the total salary was 159,295 euros.

There were no development and research expenditures in the current financial year.

Main ratios for 2022 compared to 2021:

Sales revenue growth (%) 97.8 69.9

Profit growth (%) 130.71 19.97

Gross profit margin (%) 12.67 27.40

Net profit margin (%) 1.72 1.48

Return on equity (%) 11.92 5.87

Return on assets (%) 3.27 2.73

Equity ratio (%) 27.40 46.45

Short-term liabilities coverage ratio (times) 1.37 2.97

Definitions of ratios

Sales revenue growth (%) = (sales revenue 2022 – sales revenue 2021) / sales revenue 2021 * 100

Profit growth (%) = (net profit 2022 – net profit 2021) / net profit 2021 * 100

Gross profit margin (%) = (gross profit / sales revenue) * 100

Net profit margin (%) = (net profit / sales revenue) * 100

Return on equity (%) = net profit / total equity * 100

Return on assets (%) = net profit / total assets * 100

Equity ratio (%) = total equity / total assets * 100

Short-term liabilities coverage ratio (times) = current assets / short-term liabilities