LIVE NATION ESTONIA OÜ current status
This company's branding has already reached 6,350 peopleand his is followed by 11 Storybook users.On average, the company has been rated 4.5 points.but there is no comment.
's activity report 2022
2022 was the eighteenth year of operation for Live Nation Estonia OÜ. Live Nation
The main activity of Estonia OÜ is organizing concerts and performances, selling production services to other concert and performance organizers, and mediating artists to clients
in the Baltics.
The economic results of 2022 were weak for the company. The company's operations were affected by the outbreak of the Covid-19 pandemic, where events piled up and their production costs increased in an inflationary environment, it was more difficult to carry out postponed events.
The forecasts for 2023 are significantly better, the market has stabilized and it has been possible to adjust ticket prices based on increased inflation costs.
Main financial ratios 2022 2021
Sales revenue 7 597 934 158 629
Revenue growth (decline) (%) 4690% (74)%
Profit (loss) from operations (329 691) (25 071)
Profit growth (decline) (%) (1215)% 93%
Short-term liabilities coverage ratio (times) 1.07 1.21
ROA (%) (4)% (0)%
ROE (%) (56)% (3)%
Revenue growth (decline) %= (Sales revenue of 2022 - Sales revenue of 2021)/Sales revenue of 2021 * 100
Profit growth (decline) %=(Profit of 2022 - Profit of 2021)/Profit of 2021 * 100
Short-term liabilities coverage ratio (times) = current assets/ short-term liabilities
ROA (%) = net profit/ total assets * 100
ROE (%) = net profit/ total equity * 100
No expenses were made for development and research activities during the reporting year, nor are they forecasted
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