Juba 4,570 inimeseni on jõudnud selle ettevõtte bränding ja tema tegevusi jälgib 5 Storybooki kasutajat. Keskmiselt on ettevõtet hinnatud 4.6 punktiga ja kommenteeritud 3 korda.

's activity report 2022

Moulding Factory Ltd was established on 18.10.2019. The main activity of the company is the production and sale of profile mouldings.

The net turnover for 2022 was 16,981,780 (in 2021 18,128,359) euros. Most of the exports went to Scandinavian countries and

Central Europe. The company's business is not seasonal or cyclical. The activities of Moulding Factory Ltd do not have significant environmental and social impacts.

In 2022, investments were made in the acquisition and improvements of tangible fixed assets for 1,034,361 (in 2021 439,592) euros. The largest investments in 2022 were made in the acquisition of planing lines.

Main financial indicators and ratios 2022 2021

Sales revenue 16,981,780 18,128,359

Net profit (-loss) -1,126,769 1,549,133

Current assets 5,587,188 5,987,768

Total assets 11,227,135 11,963,580

Short-term liabilities 11,516,910 11,084,672

Total equity -308,818 817,951

Sales revenue growth (–decline) % -6.32% 21.92%

Net profitability % -6.64% 8.55%

Return on assets (ROA) -10.04 12.95

Short-term liabilities coverage ratio 0.49 0.54

Return on equity (ROE) 364.87 189.39

Formulas used in the calculation of ratios:

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

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

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

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

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

Risk of changes in exchange rates and interest rates

Transactions with clients are partially in currencies (SEK, NOK and PLN). The impact of changes in the exchange rate of these transactions is not a significant risk for the company. The interest rates on loans received by the company, including capital lease terms, are linked to Euribor. The interest rate risk is primarily associated with fluctuations in Euribor. The rise in Euribor in the second half of 2022 was rapid.

At the beginning of June, Euribor was still negative, but as of 30.12.2022, the 6-month Euribor was already 2.693%. The reason for the sharp increase is rapid inflation in the euro area. To combat inflation, the European Central Bank has raised interest rates.

Liquidity risk

Liquidity risk means that the company may not have liquid funds to meet its financial obligations on time. To hedge liquidity risk, the company uses various financing sources, which include overdraft, continuous monitoring of receivables from buyers and supply contracts.

Overdraft is used to finance working capital.

The company's negative working capital is due to the fact that the loan received from the parent company, which accounts for 76% of the company's total liabilities as of 31.12.2022, is considered short-term, as Moulding Factory Ltd has a conditional obligation under the loan agreement to repay the loan in full to the parent company within one month of a corresponding claim, but not before the working capital overdraft has been repaid. Essentially, it is a long-term loan.

Credit risk

Credit risk is expressed as a loss that the company may incur and is caused by the counterparty to the transaction if it fails to fulfill its contractual financial obligations. To reduce credit risk, clients' payment discipline is constantly monitored. For new clients, their credit history is checked

With the help of Creditinfo and other similar databases. In the opinion of the management, there is no significant credit risk in transactions between related parties.