ESTKO AS

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This company's branding has already reached 12,417 peopleand his is followed by 88 Storybook users.On average, the company has been rated 4.6 points.and comment

ESTKO AS current status

This company's branding has already reached 12,417 peopleand his is followed by 88 Storybook users.On average, the company has been rated 4.6 points.and commented 24 times.

's activity report 2022

AS Estko's main activity is the production and sale of cleaning and disinfection agents, and the mediation of cleaning supplies.

Our main target groups are agricultural and food industries, cleaning companies, large kitchens, car washes and home consumers.

The consolidated report of AS Estko includes the indicators of three companies: AS Estko as the parent company and 2 subsidiaries Nordic Group OÜ and

Estko Nordic OY in Finland.

In 2022, Estko's consolidated sales revenue was 9,250 thousand euros (2021: 6,821 thousand euros), an increase of 35.6% compared to the previous year.

Turnover increased mainly due to the increase in sales of the Finnish subsidiary (2022 sales 3.2 million euros, 2021 930 thousand euros).

73% of product sales are made up of products manufactured according to our own recipe (2021: 70%). Estko's turnover includes sales to foreign markets of 4.8 million euros or 53% (2021: 2.7 million euros or 40%).

In 2022, investments were made in the amount of 207 thousand euros (2021: 254 thousand euros). In 2023, it is planned to spend mainly on the acquisition of new production equipment.

The consolidated labor costs for 2022 were 1.6 million euros (2021: 1.45 million euros). The ratio of labor costs to turnover was 17% (2021: 21%).

At the end of the reporting year, the parent company employed 36 people (2021: 35), the consolidation group 49 people (2021: 48).

Estko's consolidated net profit amounted to 614 thousand euros (2021: 209 thousand euros).

The main ratios of the company's reporting year and their calculation methodology: 2022 2022 2021 2021 in the parent company in the consolidation group in the parent company in the consolidation group

Net profitability 3.3% 6.6% 3.6% 2.9%

Short-term obligations coverage ratio 1.66 2.06 1.97 2.23

ROA 4.3% 12.6% 4.4% 5.1%

Formulas used in the ratios:

Net profitability (%) = net profit / sales revenue * 100

Short-term obligations coverage ratio (times) = current assets / short-term obligations

ROA (%) = net profit / total assets * 100

Liina Kikas board member

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