A&P METS AS current status
This company's branding has already reached 11,416 peopleand his is followed by 47 Storybook users.On average, the company has been rated 4.1 points.and commented 6 times.
's activity report 2022
AS A&P Mets was established in November 1997. The 2022 report reflects the A&P Mets Group.
The main activities of AS A&P Mets are the purchase of forest properties and forest materials, the management of growing forests, the sale of various assortments of roundwood, and to a lesser extent, the provision of forest material transportation services.
AS A&P Mets (Group) values sustainable thinking, principles of fair business, has long-term experience and provides useful advice to forest owners. The Group has set goals for environmentally friendly activities and monitors their fulfillment. The main goal is to reduce the environmental footprint, including reducing CO2 emissions and energy use, increasing the use of renewable energy, recycling materials, collecting and utilizing waste by type (including compliance with the packaging recycling law)
The A&P Mets Group includes the parent company A&P Mets, the agricultural company OÜ Sakala Farmer, the real estate development and management company OÜ Exhibition Development, and the forest management company OÜ AP Forestry. In 2018, Lemeks Harju AS, Lemeks Jõgeva AS, Lemeks Põlva AS, Lemeks Tartu AS, Lemeks Võru AS and Lemeks Mets AS, which are engaged in timber procurement, were added to the A&P Mets Group.
Since the Group's main customers and suppliers are located in Estonia and the European Union, there is no risk to the Group's operations from exchange rate fluctuations.
Also, interest rates on loans are largely fixed, floating interest rates are used little, therefore its impact on the group has not been significant historically.
A total of 12.6 million euros was invested in the Group in 2022, the majority of which is land and forestry equipment.
The turnover of the A&P Mets Group in 2022 was 34.7 million euros and in 2021 it was 42.7 million euros. The profit of the A&P Mets Group was 6.9 million euros in 2022.
and 15.5 million euros in 2021.
The goal of AS A&P Mets for 2023 is to continue on the same course, with the priority being the purchase of properties and logging. There are plans to partially replace forestry equipment.
The main ratios of A&P Mets are:
Indicator Calculation Method 2022 2021
Net sales profitability (ROS) % net profit/sales revenue 19.2 % 36.2 %
Return on equity (ROE) % net profit/average equity 15 % 40 %
Return on assets (ROA) % net profit/average assets 10 % 30 %
Asset turnover ratio net sales/average assets 0.49 0.83
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