LINCONA KONSULT AS current status
This company's branding has already reached 7,740 peopleand his is followed by 100 Storybook users.On average, the company has been rated 4.8 points.and commented 62 times.
's activity report 2022
The main activity of AS Lincona Konsult is the wholesale and retail of floor coverings and accessories.
Main financial ratios of AS Lincona Konsult: 2022 2021
Sales revenue 24 875 069 18 063 793
Net profit 1 259 117 836 023
Sales revenue growth 37.7% 7.0%
Net profitability 5.1% 4.6%
Coverage ratio of short-term liabilities 2.3 2.0
ROA 15.1% 11.0%
ROE 26.6% 21.6%
Formulas used in calculating ratios
Turnover growth (%) = (sales revenue 2022 - sales revenue 2021) / sales revenue 2021
Net profitability (%) = net profit / sales revenue
Coverage ratio of short-term liabilities (times) = current assets / short-term liabilities
ROA (%) = net profit / total assets
ROE (%) = net profit / total equity
The average number of employees in the company in 2022 was 61 and the labor cost was 2 690 637 euros.
The remuneration of the board member was calculated for two board members and in the reporting year it was 152 753 euros.
The price increase that began in 2021 culminated in the third quarter of 2022. Significantly longer delivery times and almost weekly changing prices forced customers to rush with purchase decisions and in combination played a very important role in sales growth.
As a result of extremely high inflation, a decline in sales volumes is expected in 2023.
In the first quarter of 2023, we sold the property and building located in Viljandi and continue to operate on rented premises.
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