This company's branding has already reached 4,116 peopleand his is followed by 44 Storybook users.On average, the company has been rated 4.7 points.and commented 8 times.

's activity report 2022

The main activity of OÜ Age Reklaam is providing advertising services (advertising agency, EMTAK 7311), including the development of comprehensive marketing communication and advertising strategies, the creation, preparation and implementation of advertising campaigns. Age Reklaam OÜ is the oldest full-service advertising agency in Estonia.

The company's sales revenue in 2022 was 7,107,824 euros (2021: 4,235,097 euros). 2.53% of sales revenue (2021: 10%) was made up of services sold to foreign companies. The largest service buyers among countries were

Malta, Belgium and Latvia.

In 2022, the largest client of OÜ Age Reklaam was the Foundation for Entrepreneurship and Innovation.

Other major key clients: Health Development Institute, Lidl Estonia, University of Tartu, Royal Unibrew Estonia.

As of 31.12.2022, Age Reklaam OÜ employed 20 (31.12.2021: 21) employees under employment contracts. The average number of employees - i.e. persons working under an employment contract and members of the management board during the reporting year was 23 (2021.

22) people and their labor cost including taxes amounted to 965,897 euros (2021: 846,364 euros).

Board members have been paid board member fees including social taxes of 35,350 euros (2021: 35,350 euros). The board of Age Reklaam OÜ was two-membered in 2022.

As of 31.12.2022, Age Reklaam OÜ owns a 25% stake in Creative Fuel OÜ.

In 2022, 14,811 euros (2021: 2,987 euros) were invested in fixed assets.

In 2022, Age Reklaam OÜ plans to continue developing digital and social media services and thereby strengthen the company's market position as a creator of effective integrated campaigns.

Main financial ratios:

Sales revenue 7,107,824 euros (2021: 4,235,097 euros)

Sales revenue increase +67.83% (2021: +12.55%)

Net profit earned in 2022 was 122,279 euros (2021: 278,939 euros)

Short-term liabilities coverage ratio 1.38 (2021: 1.50)

Return on equity 0.29 (2021: 0.55)

Sales revenue growth = (sales revenue 2022 - sales revenue 2021) / sales revenue 2021 * 100

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

Return on equity = net profit / total equity