This company's branding has already reached 2,145 peopleand his is followed by 10 Storybook users.On average, the company has been rated 4.8 points.but there is no comment.

's activity report 2022

Merkolek OÜ was established in 1994. The company's main activity was and is the wholesale of corrugated cardboard in the Republic of Estonia and nearby foreign countries.

In 2022, the net turnover of realization amounted to 8282626 euros.

In the reporting year, the number of employees at Merkolek OÜ was 4 and the total amount of salaries was 69004 euros, including 8400 euros paid to the managing director. The managing director of Merkolek OÜ is also a member of the company's board. Dividends paid out amounted to 117000 euros.

In 2022, Estonia stopped all settlements in all currencies with Russia. Goods that the company dealt with in sales and distribution were added to the sanctions list. Activities related to the sale of cardboard, cellulose and other paper products were terminated. The turnover for 6 months constituted 2.5% of 2022. In the future, the company will only deal with the rental of buildings and real estate.

The company's main activity is not cyclical and seasonal. There are no environmental and social impacts from the company's activities. Transactions with suppliers and customers take place in euros, dollars. To eliminate currency risks, the company monitors the proportions of assets and liabilities in different currencies.

Ratios 2022 2021

Sales revenue, thous. € 8282.63 13118.20

Sales revenue, change % -36.86 47.74

Net profit (loss), thous. € 1613.10 1789.02

Net profit, change % -9.83 213.94

Net profitability % 19.48 13.64

Short-term liabilities coverage ratio 6.65 3.42

ROA 20.43 25.46

ROE 22.26 31.10

Formulas used in calculating ratios:

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

Profit change (%) = (net profit 2022 - net profit 2021) / net profit 2021 * 100

Profit change (%) = (net profit 2022 - net profit 2021) / net profit 2021 * 100

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

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

ROA (%) net profit / total assets * 100

ROE (%) net profit / total equity * 100