ART LINK BALTIC OÜ

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This company's branding has already reached 5,222 peopleand his is followed by 27 Storybook users.On average, the company has been rated 4.5 points.and commente

ART LINK BALTIC OÜ current status

This company's branding has already reached 5,222 peopleand his is followed by 27 Storybook users.On average, the company has been rated 4.5 points.and commented 20 times.

's activity report 2022

The main activity of OÜ Art Link Baltic is the wholesale of picture frames, framed posters, framed mirrors and passe-partouts mainly to the Estonian, Finnish, Swedish and German markets. In 2022, we started exporting to the US and Mexican markets.

The consolidated group's turnover in 2022 was 14.8 million euros and profit 383 910 euros. The group had an average of 104 employees.

2022 was characterized by high transport costs, rising raw material prices, currency movements in an unfavorable direction for the company, all of which resulted in a smaller profit margin than before.

Key financial ratios: 2022 2021

Sales revenue 14 749 789 22 549 627

Operating profit margin (=operating profit/sales revenue) 2.97% 5.98%

Net profit margin (=net profit/sales revenue) 2.60% 5.98%

Short-term debt coverage ratio (=current assets/short-term debt) 4.13 2.35

ROA (=net profit/assets) 3.83% 10.64%

ROE (=net profit/equity) 5.00% 17.84%

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