Already 2,562 people have seen this company's branding and they are being followed by 24 Storybook user.In average the company has been rated 4.6 points ja kommenteeritud 37 korda.

's activity report 2022

Introduction

OÜ Batic Armaments is a company that deals with the wholesale of general and special purpose equipment. In 2022, OÜ Baltic

Armaments continued the stable growth of traditional business volumes and securing the market share achieved in previous years.

Last year brought stable growth to the manufacturing industry as a whole. The company's good results were favored by the following factors: (cid:127) Continued economic growth and a good economic climate in the region of the Estonian state; (cid:127) Growth in core business.

Revenues, expenses and profit In 2020, OÜ Baltic Armaments' sales revenue amounted to 4,002,096 euros. 100% of sales revenue was from goods sold.

36% of OÜ Baltic Armaments' sales revenue was sales to Estonia, 35% in the European Union, and 29% was exports.

Main financial ratios 2021 2022

Sales revenue 3,701,508 3,226,806

Return on sales % 11.00% 12.00%

Return on inventory 09.00% 07.00%

Net profit 411,359 414,138

Return on equity (ROE) 10.00% 11.00%

Inventory turnover 0.82 0.08

General solvency level 7.28 2.39

Formulas used in calculating ratios: (cid:127) Return on sales (%) = net profit / net sales * 100 (cid:127) Return on assets (%) = net profit / total assets * 100 (cid:127) Return on equity (%) = net profit / total equity * 100 (cid:127) Inventory turnover = net sales / total assets on average (cid:127) Turnover of current assets = net sales / total current assets on average