Already 5,381 people have seen this company's branding and they are being followed by 81 Storybook user.In average the company has been rated 4.5 points ja kommenteeritud 127 korda.

's activity report 2022

The main activity of AS Viru Elektrikaubandus is the wholesale and project sale of electrical and automation components and solutions. The sales revenue of Viru Elektrikaubandus AS in 2022 was 12,709,793 euros and the net profit was 392,411 euros. Sales revenue increased compared to the previous reporting period. The company's operations have been affected by supply difficulties from many suppliers and unpredictable price increases in both product prices and energy prices.

According to the best knowledge of the management today, the Russian-Ukrainian war does not have a significant negative impact on the company's operations in the near future. A positive impact was made by the successful offering of projects and solutions to major clients. The company's operations cannot be considered seasonal, but activity is slightly more active in the second half of the year. No other significant environmental and social impacts on the company's operations occurred. The company has successfully implemented a new ERP system and also various digitalization activities and will continue to develop them in the new year. The company is actively working to implement the development strategy developed in cooperation with the management. We continue to operate as a member of the global independent electrical materials sellers association FEGIME

Finland&Baltics.

Equity as of 31.12.2022 is 5,027,288 euros or 76.8% of the balance sheet total.

The average number of employees in 2022 was 42. The total wage cost was 1,608,069 euros, including the remuneration of the board and company council members 84,000 euros.

Company's financial indicators 2022 2021

Sales revenue 12,709,793 11,613,500

Change in sales revenue 9.4% 7.0%

Net profit 392,411 331,144

Change in profit 18.5% -7.1%

Net profitability 3.1% 2.9%

Short-term obligations coverage ratio 3.0 2.9

Total assets return-ROA 6.0% 5.3%

Equity return-ROE 7.8% 6.9%

Average number of employees 42 44

Sales revenue per employee 302,614 263,943

Formulas used in calculating ratios: * Sales revenue growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100 * Profit growth (%) = (net profit 2022 - net profit 2021)/ net profit 2021* 100 * Net profitability (%) = net profit/ sales revenue * 100 * Short-term obligations coverage ratio (times) = current assets/short-term obligations * ROA (%) = net profit/ total assets * 100 * ROE (%) = net profit/ total equity * 100 * Sales revenue per employee (in euros) = sales revenue/average number of employees