COATS EESTI OÜ current status
This company's branding has already reached 5,724 peopleand his is followed by 57 Storybook users.On average, the company has been rated 5.0 points.but there is no comment.
's activity report 2022
Coats Eesti AS has been operating in the Estonian market since 1994, offering high-quality sewing accessories to both industry and commerce. Coats Eesti produces zippers (OPTI) and trades in sewing accessories (sewing threads and other auxiliary materials).
According to EMTAK classifiers, the activities of Coats Eesti AS are the production and sale of sewing accessories. No additional activities are planned for the 2023 fiscal year.
Throughout the entire period of activity, we have clearly been the market leader in our field. The company's economic activity is stable and the financial situation is expectedly strong.
The main ratios characterizing the company's activities: 2022 2021
Short-term debt coverage ratio 2.5 2.6 (current assets/short-term liabilities)
Equity debt ratio 69.5% 66.0% (liabilities/equity)
Net profit margin 14.5% 12.2% (net profit/sales revenue)
Operating profit margin 14.7% 12.4% (operating profit/sales revenue)
Return on equity 52.9% 30.6% (net profit/equity)
Return on total assets 31.2% 18.4% (net profit/total assets)
Sales revenue increased by 19.5% compared to the previous year. The company's activities do not have significant environmental impacts and social impacts are limited to the number of jobs in the company.
Changes in exchange rates and interest rates in 2022 had a marginal impact on the company's operations.
The most important cost inputs are related to the euro and sales prices are euro-based.
In 2022, labor costs increased by 9.7%.
No investments in fixed assets took place in 2022, and no investments in fixed assets are planned for the next fiscal year.
Economic activity does not significantly adapt to seasonal or cyclical influences.
Economic activity has a small environmental and social impact and in accordance with the Coats group's policy, the environmental impacts are continuously assessed and improved. The company has made good progress in reducing these impacts, in terms of both energy and water use. All possible waste is also collected separately and directed for recycling.
Changes in exchange rates and interest rates in 2022 had a marginal impact on the company's operations.
The most important cost inputs are related to the euro and sales prices are euro-based.
Interest rates do not have a significant impact on the company's operations, as there are no obligations related to interest rates.
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