ACE LOGISTICS ESTONIA AS

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Already 16,122 people have seen this company's branding and they are being followed by 72 Storybook user.In average the company has been rated 4.4 points ja kom

ACE LOGISTICS ESTONIA AS hetkeolukord

Already 16,122 people have seen this company's branding and they are being followed by 72 Storybook user.In average the company has been rated 4.4 points ja kommenteeritud 90 korda.

's activity report 2022

The consolidated financial statements for 2022 reflect the financial data and other information of the parent company ACE Logistics Estonia AS and its subsidiaries

Air Cargo Estonia OÜ (participation 100%, location Estonia) and ACE Customs Clearance OÜ (participation 100%, location Estonia). There are no branches registered abroad.

Main financial ratios based on consolidated indicators: 2022 2021

Sales revenue (thousand euros) 22 488 18 438

Revenue growth (decline) 21.97 % 25.7 %

Net profit (thousand euros) 1 782 1 574

Profit growth (decline) 13.2 % 79.6 %

Net profitability 7.9 % 8.5 %

Short-term obligations coverage ratio 1.1 1.1

ROA 20.7 % 18.7 %

ROE 59.5 % 58.5 %

Main financial ratios based on parent company indicators: 2022 2021

Sales revenue (thousand euros) 22 488 18 438

Revenue growth (decline) 21.97 % 25.7 %

Net profit (thousand euros) 2 014 1 438

Profit growth (decline) 40.0 % 77.9 %

Net profitability 8.95 % 7.8 %

Short-term obligations coverage ratio 1.1 1.0

ROA 23.7 % 17.2 %

ROE 69.3 % 60.7 % Formulas used for calculating ratios: 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 Sales revenue growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100 ROE (%) = net profit/ total equity * 100

The main activity of the company is to provide forwarding and logistics services: During the reporting period, the following services were provided to clients: - International and domestic road transport; - International air transport;

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