Already 22,295 people have seen this company's branding and they are being followed by 97 Storybook user.In average the company has been rated 5.0 points ja kommenteeritud 3 korda.

's activity report 2022

The company's primary activities revolve around sanitary, ventilation, fire-fighting, and sprinkler works. These services are predominantly carried out within the borders of the Republic of Estonia, primarily on a subcontracting basis. The company's financial performance in 2022 was quite impressive, with a sales revenue of 3,219,022 euros. The company's workforce in 2022 averaged 47 employees, with their salaries and additional benefits amounting to 1,045,817 euros. This investment in human resources is a testament to the company's commitment to its employees and its belief in their potential to drive the company's growth.

A look at the key financial ratios for 2022 and 2021 provides a clearer picture of the company's financial health and performance. In 2022, the company's sales revenue was 3,219,022 euros, a significant increase from 2,364,291 euros in 2021. This represents a revenue growth of 36.15%, up from 24.98% in the previous year.

The operating profit margin, which is the operating profit as a percentage of sales revenue, was 4.75% in 2022, slightly lower than the 6.83% recorded in 2021. Despite the slight decrease, this ratio indicates that the company is still profitable and has effective cost management strategies in place.

The net profit in euros for 2022 was 154,114, a significant turnaround from the net loss of -160,772 euros in 2021. This represents a profit growth of 195.86%, a stark contrast to the -82.04% recorded in the previous year. This dramatic turnaround is a clear indication of the company's improved profitability.

The net profitability, which is the net profit as a percentage of sales revenue, was 4.79% in 2022, a significant improvement from the -6.80% recorded in 2021. This improvement in net profitability is a positive sign of the company's financial health.

The short-term obligations coverage ratio, which is the current assets divided by short-term liabilities, was 1.89 in 2022, up from 1.49 in 2021. This indicates that the company has sufficient resources to meet its short-term obligations.

The Return on Assets (ROA), which is the net profit divided by total assets, was 22.81% in 2022, a significant improvement from the -33.60% recorded in 2021. This indicates that the company is effectively using its assets to generate profits.

The Return on Equity (ROE), which is the net profit divided by total equity, was 43.32% in 2022, a significant improvement from the -79.72% recorded in 2021. This indicates that the company is effectively using its equity to generate profits.

In conclusion, the company's financial performance in 2022 was quite impressive, with significant improvements in key financial ratios. This is a testament to the company's effective management strategies and its commitment to continuous improvement.