This company's branding has already reached 18,198 peopleand his is followed by 8 Storybook users.On average, the company has been rated 5.0 points.but there is no comment.

's activity report 2022

Teska OÜ is a company that operates in the retail and design sectors, according to EMTAK codes. The company specializes in the retail sale of furniture and lighting fixtures in specialized stores (EMTAK code 47591) and the activities of designers (EMTAK code 74101). In the fiscal year, Teska OÜ reported a sales revenue of 412,153 euros, ending the year with a profit of 56,777 euros. This is a significant achievement for the company, demonstrating its ability to generate a healthy profit margin while operating in a competitive market. The company's workforce consisted of three employees. This small but dedicated team has been instrumental in driving the company's success, demonstrating the value of a lean, efficient workforce. In 2022, the company did not make any investments in fixed assets. This decision may have been influenced by a variety of factors, including the company's financial performance, market conditions, and strategic priorities. The company's financial ratios provide further insight into its performance. The revenue growth rate for 2022 was 26.34%, a significant improvement from the previous year's decline of 21.75%. This turnaround indicates a strong recovery in the company's sales performance. The net profitability ratio, calculated as net profit divided by sales revenue, was 13.78%, up from 2.92% in the previous year. This increase in profitability suggests that the company has been successful in improving its cost efficiency and profit margin. The short-term obligations coverage ratio, calculated as current assets divided by short-term liabilities, was 3.6, up from 2.46 in the previous year. This improvement indicates that the company has strengthened its liquidity position and is well-equipped to meet its short-term financial obligations. The return on assets (ROA) ratio, calculated as net profit divided by total assets, was 17.17%, up from 2.95% in the previous year. This increase in ROA suggests that the company has been successful in utilizing its assets to generate profits. The return on equity (ROE) ratio, calculated as net profit divided by residual interest, was 30.23%, up from 6.76% in the previous year. This increase in ROE indicates that the company has been successful in generating returns for its shareholders. Looking ahead to 2023, Teska OÜ plans to expand its product range and increase its market share. These strategic initiatives suggest that the company is focused on growth and is well-positioned to capitalize on new market opportunities. In conclusion, Teska OÜ has demonstrated strong financial performance and strategic direction. The company's focus on improving its profitability, strengthening its liquidity position, and expanding its market presence bodes well for its future success.