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's activity report 2022

LVC Marketing Services OÜ (hereinafter: the company) was established on April 4, 2022. The main activity of the company is advertising mediation in the media.

The company's sales revenue for the period 04.04.2022-31.12.2022 was 286,732 euros. The reporting period ended with a profit of 9,496 euros.

The company did not invest in fixed assets during the reporting period, nor did it engage in research and development projects.

The company did not have employees during the period 04.04.2022-31.12.2022 and did not account for fees or other significant benefits for the members of the company's board.

Due to the uncertain situation arising from the war in Ukraine and the rapid changes associated with it, the management cannot initially give a reliable assessment of the impact of the conflict on the company. Since the company is engaged in advertising mediation in the media, there are currently no direct effects on the company's daily operations.

Financial ratios: 04.04.2022 - 31.12.2022

ROA 3.22%

ROE 48.71%

Debt ratio 0.93

Liquidity ratio 1.07

Formulas used in calculating ratios:

ROA = net profit / total assets X 100%

ROE = net profit / equity X 100%

Debt ratio = liabilities / total assets

Liquidity ratio = current assets / short-term liabilities