SUMROS GRUPP AS

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Already 5,731 people have seen this company's branding and they are being followed by 63 Storybook user.In average the company has been rated 4.6 points ja komm

SUMROS GRUPP AS hetkeolukord

Already 5,731 people have seen this company's branding and they are being followed by 63 Storybook user.In average the company has been rated 4.6 points ja kommenteeritud 4 korda.

's activity report 2022

AS Sumros Group was established in 1998 and is a private capital-based business entity in Estonia. The main activity of the joint-stock company is the provision of road transport services.

The sales revenue for the reporting year amounted to 4.2 million (2021: 3.4 million) euros and the profit was 193 thousand euros (2021: 69 thousand euros).

The company's main activity, i.e. the volume of road transport services, increased by 25%, accounting for 97% of total turnover (2021: 97%).

Macroeconomically, the company's financial results are primarily affected by changes in oil prices, which have a significant impact on the main activity of the joint-stock company. During the reporting year, the average fuel price increased by 45% compared to the previous year (2021: 15%).

The company's main activity is affected by seasonality and poor weather conditions, which complicate and hinder the transportation of forest materials.

To reduce the environmental impacts associated with the company's operations, the joint-stock company has significantly renewed its entire fleet, all newly acquired trucks meet the EURO VI requirements. Gradually, production storage areas and truck parking lots have been asphalted.

Transactions take place and contracts are concluded predominantly in EUR, therefore, there are no significant financial risks associated with this.

Main financial ratios:

Indicator Calculation Method 2022 2021

Return on Equity (ROE) net profit/average equity 0.12 0.05

Return on Assets (ROA) net profit/average assets 0.06 0.02

Asset turnover net sales/assets 1.29 1.00

Fixed asset turnover net sales/average fixed assets 1.68 1.22

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