Already 763 people have seen this company's branding and they are being followed by 2 Storybook user.In average the company has been rated 4.5 points but has not been commented.

's activity report 2022

Introduction In 2020, IT & Digital Solutions OÜ started its operations in the field of IT services and goods sales.

Revenues, expenses and profit In 2022, IT & Digital Solutions OÜ's sales revenue amounted to 9,454,806 (2021: 3,093,124) euros. 100% of IT & Digital Solutions OÜ's sales revenue came from services and goods sold in Estonia. IT & Digital Solutions OÜ's operating profit amounted to 3,240,969 (2021: 1,210,705) euros.

Operating expenses were 7,037 (2021: 8,929) euros. The company's net profit for 2022 amounted to 3,026,160 (2021: 1,123,209) euros.

Investments

No investments were made in tangible fixed assets during the reporting period. There were no research and development projects during the financial year and none are planned for the next financial year.

Personnel

The company's labor costs were 34,584 (2021: 34,183). No compensation is paid to the board member upon termination of his contract and no guarantees have been issued to him.

Objectives for the next financial year

The main objective of IT & Digital Solutions OÜ for the next financial year is to continue operations, continue to provide IT services and develop product sales activities.

IT & Digital Solutions OÜ Financial ratios and their calculation methodology: 2022 2021

Revenue growth (%) = (sales revenue 2022-2021)/sales revenue 2021 x 100% 206% 403%

Profit growth (+) decrease (-) (%) =(profit 2022-profit 2021)/profit 2021x100% 169% 211%

Net profitability (%) = net profit/sales revenue x 100% 32% 36%

Short-term liabilities coverage ratio = current assets/short-term liabilities 6.68 7.66

ROA (%) = net profit/total assets x 100% 79% 86%