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Andres Ütt

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ehitus, ehitamine

PINERED EHITUS OÜ's activity report 2022

Pinered Construction LLC was established in 2020 as a construction main contractor, whose main clients are related real estate developers. Since 2022, Pinered Construction LLC has been a subsidiary of Pinered LLC. The company's sales revenue in 2022 was 4,311,125 euros (in 2021 it was 1,380,213 euros) and the net profit amounted to 528,711 euros (in 2021 it was 19,300 euros). The key ratios for 2021 and 2022 are as follows: Ratio / Year 2022 2021 Short-term debt coverage ratio 2.64 2.03 current assets / short-term liabilities Debt-to-Equity ratio 0.63 0.97 liabilities / equity

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