TET-KO OÜ

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This company's branding has already reached 6,182 peopleand his is followed by 53 Storybook users.On average, the company has been rated 4.7 points.and commente

TET-KO OÜ current status

This company's branding has already reached 6,182 peopleand his is followed by 53 Storybook users.On average, the company has been rated 4.7 points.and commented 30 times.

's activity report 2022

OÜ TET-KO is a company dealing with sanitary and ventilation works, which was established in 1990. Originally, TET-KO was a joint-stock company, but in 2002.

the company was re-registered in the Commercial Register as a limited liability company. During the transformation, the share capital was reduced by 22,816 euros.

OÜ TET-KO deals with sanitary and ventilation works throughout Estonia. The OÜ TET-KO office is located in Tartu, but there is also a representative office in

Tallinn. In addition to the above-mentioned areas of activity, OÜ TET-KO also deals with the retail sale of sanitary ware, heating and ventilation equipment.

The store is located in Tartu, Rahu tn. 2, where the best brands available in Estonia are represented.

In 2022, OÜ TET-KO's turnover was 5,031,145 euros, other business income 10,140 euros. OÜ TET-KO's turnover decreased by 12.9% compared to 2021.

Retail trade turnover accounted for 39.2% of total turnover in 2022, i.e. 1,972,306 euros. Compared to 2021, trade turnover has increased by 18.97%. The increase in trade turnover is due to the growth of project sales, the expansion of the product range and price increases.

Main financial ratios

Indicator Calculation Method 2022 2021

Return on equity net profit/average equity 0.15 0.16 (ROE)

Return on assets net profit/average 0.08 0.08 assets(ROA)

Asset turnover net sales/assets 2.68 2.98

Fixed asset turnover net sales/average remaining fixed assets 26.52 34.33 The planned turnover for 2023 is 5.5 million euros and the profit is 150 thousand euros.

Aavo Palmipuu board member

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