GREINER PACKAGING AS hetkeolukord
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's activity report 2022
The main activity of the company is the production and sale of plastic packaging.
Objectives.
The goal of AS Greiner Packaging in 2022 was to secure its existing market position, increase sales turnover and profitability.
The company's goal for 2023 is to increase turnover through the expansion of the product portfolio and customer base, with the aim of achieving the planned turnover at the profit margin.
Operating environment and risks.
The general economic environment mainly affects the company's financial results through the volatility of raw material prices and changes in customers' business volumes.
The company's operations have no significant environmental and social impacts.
Transactions with suppliers and customers are mainly in euros, so the currency risk is low.
The company's credit risk is very low.
Investments.
In the reporting year, 0.9 million euros were invested in fixed assets (2021: 0.5 million euros). No significant investments are planned in the near future.
Financial ratios.
2022 2021
Turnover growth 14% 8%
Debt ratio 27% 25% (liabilities / assets)
Equity indebtedness 0.36 0.34 (liabilities / equity)
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