HIRERIGHT ESTONIA AS

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Already 3,088 people have seen this company's branding and they are being followed by 214 Storybook user.In average the company has been rated 4.3 points ja kom

HIRERIGHT ESTONIA AS hetkeolukord

Already 3,088 people have seen this company's branding and they are being followed by 214 Storybook user.In average the company has been rated 4.3 points ja kommenteeritud 12 korda.

's activity report 2022

The main activity of Hireright Estonia Aktsiaselts is programming (EMTAK 62011) and offering background and screening services for potential employees.

In 2022, Hireright Estonia Aktsiaselts's economic activity was characterized by stable service volumes and cooperation with clients and process development. COVID-19 did not significantly affect the company's business, and revenues and profitability remained stable.

Attention was primarily paid to securing business in current markets. As in 2021, the focus was on cooperation with clients and market overview.

Taking into account the business and financial environment forecasts for the next year, the main goal of Hireright Estonia Aktsiaselts is to maintain market share and develop services.

No fees have been paid to the board members.

In the reporting year, 78.5 thousand euros were invested in fixed assets (in 2021, 270.3 thousand euros).

Due to the business model of Hireright Estonia Aktsiaselts, there are no environmental and social impacts of the company's activities. Since all claims are intra-group and invoices are issued in euros, there is no exchange rate risk and unlikely receivable debts.

On February 24, 2022, Russia decided to invade Ukraine, which increased uncertainty for business. According to the management, there has been no significant impact on the activities of Hireright Estonia Aktsiaselts, so far Hireright Estonia Aktsiaselts operates normally and there are no disruptions in daily activities.

Main financial ratios 2022 2021

Sales revenue (in euros) 8 475 430 8 590 246

Net profit (in euros) 726 244 607 232

Net profitability 8.6% 7.1%

Short-term obligations coverage ratio 3.17 2.66

ROA 11.89% 11.18%

ROE 17.13% 17.28%

Formulas used in calculating ratios: (cid:127) Net profitability (%) = net profit / sales revenue * 100 (cid:127) Short-term obligations coverage ratio (times) = current assets / short-term obligations (cid:127) ROA (%) = net profit / total assets * 100 (cid:127) ROE (%) = net profit / total equity * 100

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