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's activity report 2022

Quarto Group OÜ was registered in the business register on 15.02.2019.

The main activity during the reporting year was the wholesale of plant oil residues.

The sales revenue for the reporting period is 11,942,770 euros.

The net profit of Quarto Group OÜ for the financial year amounted to 1,127,002 euros. As of 31.12.2022, the total assets of the company amount to 1,559,988 euros.

There were no employees during the reporting year and no remuneration was paid to the board members.

The plan for the next year is to continue operating in the same field, increase the number of cooperation partners and increase the number of sales transactions with the help of new clients.

The annual financial report has been prepared on the assumption that the company will continue its operations.

The following financial ratios provide an overview of the company's operations: 2022 2021

DER (total liabilities / total equity) 0.0001 0.050

ROE (reporting year profit / total equity) 72% 27%

ROA (reporting year profit / total assets) 72% 26%

ROS (NPM) (reporting year profit / sales revenue) 9% 3%