MARGICAR OÜ current status
This company's branding has already reached 21,683 peopleand his is followed by 7 Storybook users.On average, the company has been rated 5.0 points.and commented 5 times.
's activity report 2022
Osaühing Margicar is a company that specializes in retail sales in non-specialized stores. In the year 2022, the average number of employees in our company was 2, and the total salary was 16,077 euros. It's important to note that the remuneration of the board member is not included in this figure. Let's delve into the key financial ratios of Osaühing Margicar. In 2021, the company had a sales revenue of 406,433 euros which decreased to 331,495 euros in 2022. Despite the decrease in sales revenue, the company's operating profit increased from 32,699 euros in 2021 to 92,365 euros in 2022. The current assets of the company also saw an increase from 351,978 euros in 2021 to 425,850 euros in 2022. Short-term liabilities increased from 57,224 euros in 2021 to 66,473 euros in 2022. The net profit of the company saw a significant increase from 32,314 euros in 2021 to 92,068 euros in 2022. The company's equity increased from 149,272 euros in 2021 to 241,340 euros in 2022. The total assets of the company increased from 435,158 euros in 2021 to 523,045 euros in 2022. The average assets of the company increased from 400,933 euros in 2021 to 479,102 euros in 2022. The average equity of the company also saw an increase from 133,115 euros in 2021 to 195,306 euros in 2022. The gross profit margin of the company increased from 8.05% in 2021 to 27.86% in 2022. The net profitability of the company also saw a significant increase from 7.95% in 2021 to 27.77% in 2022. The short-term liabilities coverage ratio of the company increased from 6.15 times in 2021 to 6.41 times in 2022. The ROA (Return on Assets) of the company increased from 8.06% in 2021 to 19.22% in 2022. The ROE (Return on Equity) of the company also saw a significant increase from 24.28% in 2021 to 47.14% in 2022. The methodology for calculating these ratios is as follows: - Gross profit margin (%) = operating profit or gross profit/sales revenue*100 - Net profitability (%) = net profit/sales revenue *100 - Short-term liabilities coverage ratio (times) = current assets/short-term liabilities - ROA (Return on Assets) (%) = net profit/average assets*100 - ROE (Return on Equity) (%) = net profit/average equity*100 The board member of Osaühing Margicar is Rein Kruus. Despite the challenges, the company has shown significant growth and improvement in its financial performance under his leadership.
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