Already 553 people have seen this company's branding and they are being followed by 3 Storybook user.In average the company has been rated 3.5 points but has not been commented.

's activity report 2022

Apiko Software OÜ's main activity is other information technology and computer-related activities.

Apiko Software OÜ offers full-cycle software development services: 1) UI/UX design service 2) Business analyst service 3) Software technology services 4) Project management services 4) Quality insurance services 5) DevOps services

All detailed information about the services is on our website https://apiko.com/services/.

General operating environment and its impact on the company's financial results In the 4th quarter of 2022, large US technology companies started laying off technical workers. As a result, we see a slowdown in demand for custom development services. The management does not see this as a risk to the company's operations.

Seasonality or cyclical nature of business activity

The highest season in custom software development work is at the beginning of spring and autumn. Due to the holiday and festive period, summer and winter are slightly off-peak for acquiring new clients.

Apiko Software OÜ is still an operating company.

Main financial ratios (in euros) 2022 2021

Revenue growth (%) 51.13% 15.49%

Coverage ratio of short-term liabilities (times) 6.06 4.94

ROA (%) 33.81% 20.84%

ROE (%) 40.48% 26.13%

Methodology for calculating the above relative financial indicators:

Revenue growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100

Coverage ratio of short-term liabilities (times) = current assets / short-term liabilities

ROA (%) = net profit / total assets * 100

ROE (%) = net profit / total equity * 100