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SRINI OÜ

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Business media page visits - 6987; followers - 6. Reviews - 4; Articles 1+ "Write an opinion on SRINI OÜ!"

SRINI OÜ current status

This company's branding has already reached 6,987 peopleand his is followed by 6 Storybook users.On average, the company has been rated 4.8 points.but there is no comment.

's activity report 2022

SRINI LLC was established on March 16, 2018. The company's main field of activity is programming.

The financial year 2022 was the most successful so far for SRINI LLC. A record number of new people joined the company and turnover increased compared to 2021.

by 77.01%, from 4.58 million euros to 8.12 million euros. The average annual satisfaction of people was 91/100. SRINI LLC was among the TOP 5 fastest growing companies in the ICT sector and received several awards: Gazelle 2022, Family-friendly company gold badge. The commitment of employees to work was 73% (world average 33%, best over 70%). SRINI LLC was mentioned in a total of 15 different articles. In 2022, the company completed a holiday home built for rental purposes on Hiiumaa.

In 2023, even more emphasis will be placed on increasing efficiency in order to create more value through their work and continue profitable growth. The goal is to significantly increase the number of admin staff and team leaders, which will be the basis for new growth.

SRINI LLC's clients are large private and public sector institutions capable of ordering professional software development services.

Focus is also placed on growing the companies Modena LLC and Sumena LLC founded by SRINI LLC. Modena LLC is a company with a credit and payment institution license, whose products have been used by over 30,000 customers in just over a year. Modena

LLC grows on average 17% per month.

Sumena LLC is a large social responsibility venture, established in 2022. The goal of Sumena LLC is smarter use of natural resources, buying products destined for disposal from large wholesalers and retail chains and selling them cheaply to consumers. In 2023, it is planned to save nearly 500,000 products from going to waste.

Financial ratios: 2022 2021

Sales revenue 8 120 940 4 587 798

Sales revenue growth/decline - (%) 77.01 43.84

Net profit/loss 2 041 662 1 020 701

Net profitability (%) 25.14 22.25

Short-term liabilities coverage ratio 2.44 1.57

ROA (%) 45.73 42.21

ROE (%) 61.76 69.71

Formulas used in calculating financial ratios:

Sales revenue growth (%) = sales revenue FY * 100 / sales revenue PY - 100

Net profitability (%) = (net profit/sales revenue) x 100

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

ROA (%) = (net profit/assets) x 100

ROE (%) = (net profit/equity) x 100

PY - previous financial year

FY - financial year

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