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's activity report 2022

"VILKEST" OÜ started its operations in 1993. The main activity of the company in 2022 was forestry. The largest cooperation partner was NLLW OÜ, RMK and Lemeks Jõgeva AS.

In 2022, investments were made in forest processing machines.

The total sales revenue for 2022 amounted to 6,163,856 euros and the financial year ended with a profit of 1,113,217 euros.

The average number of employees in "VILKEST" OÜ during the financial year was 21 people, as of 31.12.2022, 20 people were employed in the company. Salaries were calculated in the amount of 430,914 euros, of which the salaries of board members accounted for 14,592 euros.

Next financial year, there are plans to increase the volume of forest material realization.

The board of „VILKEST“ OÜ confirms that the company is still operating.

Key financial indicators:

Ratio Accounting Method 2022 2021

General level of solvency Current assets / short-term liabilities 2.37 1.28

Return on assets Sales revenue / total assets 2.23 1.71

Debt and

Debt / equity 0.71 1.57 equity ratio

Gross margin (%) (Sales revenue - cost of goods sold) / sales revenue 33.08 47.56