Already 932 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

Squarewave OÜ was established on 03.02.2021. The main activity of the company is the mediation of advertising volumes in electronic media channels.

In 2022, the total sales revenue was 7,045,631 euros and a profit of 465,042 euros was earned. In the reporting year, wages were paid together with national taxes of 136,772 euros. No significant investments are planned. The war in Ukraine does not significantly affect the implementation of business plans in the near future.

Next fiscal year, the company will continue its operations in the same field. In addition, there are plans to grow the existing business and expand into the e-commerce sector, creating an online store and brand and growing its business.

Financial indicators 2022:

ROE (%) 84.34

Equity ratio to total liabilities (%) 52.50

Net profit margin (%) 6.60

Short-term liabilities coverage ratio (current ratio) 2.09

Formulas used in the calculation of ratios:

ROE (%) = net profit / equity

Equity ratio to total liabilities (%) = equity / total liabilities

Net profit margin = net profit / turnover

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