Already 5,200 people have seen this company's branding and they are being followed by 30 Storybook user.In average the company has been rated 5.0 points but has not been commented.

's activity report 2022

Elis Textile Service AS has been operating in the Estonian market for over 29 years.

In 2022, Elis Textile Service AS continued to provide textile rental services throughout Estonia. The company considers 2022 to be a successful year and the achievement of set goals as good.

The company achieved a turnover of 4,250,424 euros in 2022 (3,465,458 euros in 2021) and turnover increased by 18.5% compared to the previous year during the reporting period. The increase in turnover resulted from pricing and successful fulfillment of sales targets.

In 2023, Elis plans to continue with its successful sales strategy and continue to be an innovator in textile rental services in the Estonian market. The company also plans to continue to expand the range of services and products, offering customers greater efficiency in their field of activity and cost savings.

In the near future, the company plans to continue investing in equipment.

The average number of employees during the reporting year was 74 (2021: 66).

The company's settlement currency is the euro.

The interest on loans taken is fixed.

The credit risk is currently average - customer payment discipline has improved compared to previous periods.

The company assesses liquidity risk as low.

Elis Textile Service AS is part of the Elis S.A. group, which is represented in more than 28 countries and provides work for more than 60,000 employees.

In 2022, the group's turnover was 3,821 m€ (3,048 m€ in 2021).

The company's main activities are characterized by ratios and their calculation methodology 2022 2021

Sales revenue in euros 4,250,424 3,465,458

Operating profit/loss in euros 232,134 135,467

Net profit/loss in euros 200,995 113,469

Sales profitability 4.7 3.3

Sales profitability=net profit(-loss)/sales revenue % % The war in Ukraine began in February 2022. The company's economic activity is not directly affected by this situation, as it does not purchase goods or services from sanctioned countries. The company may find it difficult to achieve the goals set for 2023 in terms of costs, mainly due to the continued rise in labor costs.