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's activity report 2022

OÜ Electro-Hill Estonia was established on 22.07.1996 by the Finnish parent company Electro-Hill Oy. The main activities of the company are the manufacture and marketing of various electronic products. A significant part of the main production is produced on the basis of the parent company's order and is mainly marketed to Finland.

The company's sales revenue for the financial year 01.05.22-31.12.22 was 2,092,850 euros. About 99% of the sales revenue was sales outside Estonia, mainly to the parent company. The annual result was a profit of 130,817 EUR.

The company employed an average of 37 employees and labor costs were estimated at 476,249 euros. One member of the board is remunerated, for whom member fees of 47,662 euros were calculated.

No significant changes in economic activity are planned for the next financial year.

The company's main financial ratios for 01.05.22-31.12.22 01.05.21-30.04.22 Formula

Sales revenue (in euros) 2092850 1948902 ((sales revenue 2022-sales revenue 2021)

Sales revenue growth (%) 7.4 14.0 / sales revenue 2021)) X 100

Net profit(-loss) 130,817 -47000 (in euros)

Short-term liabilities current assets/short-term coverage ratio 1.86 1.66 liabilities (times)