REAALPROJEKT OÜ

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Already 5,950 people have seen this company's branding and they are being followed by 69 Storybook user.In average the company has been rated 4.8 points ja komm

REAALPROJEKT OÜ hetkeolukord

Already 5,950 people have seen this company's branding and they are being followed by 69 Storybook user.In average the company has been rated 4.8 points ja kommenteeritud 9 korda.

's activity report 2022

Reaalprojekt is a group, which includes, in addition to the parent company Reaalprojekt OÜ, the following subsidiaries: 60% stake in DataCap OÜ, 51.42% stake in G.E.O Grupp OÜ, 51.61% stake in the Latvian subsidiary Latvijasmernieks.lv

SIA, 80.00% stake in the Lithuanian subsidiary Realprojektas UAB and 51% stake in the Swedish subsidiary Reaalprojekt AB.

In addition, the parent company owns a 16.67% stake in the associated company Estonian Environmental Engineering OÜ.

The company offers a full service of infrastructure design, from engineering design and consulting to construction geological and geodetic studies. In addition, we carry out expert assessments, consultations and project management.

Our goal is to be part of the development of a sustainable and sustainable infrastructure environment in the Baltic States and Sweden.

Business activity

The group's 2022 sales revenue was 8,160,619 euros, an increase of 14% compared to the previous year. The net profit for the reporting year was 185,730 euros.

57% of the group's sales revenue was earned from construction engineering design and consulting, and 43% was earned from construction geological and geodetic studies.

In 2022, investments were made to modernize the computer park and to purchase equipment for conducting geological and geodetic studies.

The group's activity is characterized by ratios and their calculation methodology: 2022 2021

Net profit margin: net profit/sales revenue 2.28% 4.41%

Operating profit margin: operating profit/sales revenue 2.6% 5.0%

Short-term liabilities multiplier: current assets/short-term liabilities 1.2 1.2 The profitability of 2022 has decreased due to investment in the company's growth, which is why sales growth is lagging behind cost growth.

The operational risks and possible damages arising from the company's professional activity are covered by insurance contracts.

Development directions in 2023 In 2022, the company's fields of activity were quite competitive, the prices of work remained at the level of previous years.

2023 will be more difficult for the company, as there is a strong decline in orders in Estonia and Sweden due to the economic downturn and rising interest rates.

In terms of conducting geotechnical studies, Reaalprojekt is currently the most capable in Estonia due to the decrease in demand from its largest competitor, which gives us an advantage in obtaining study contracts for particularly large projects. This also provides an opportunity for the price of studies to rise.

The important keywords for 2023 are:

Harmonization of Reaalprojekt group's design services to quickly perform work from different Reaalprojekt group companies to the Latvian, Lithuanian, Estonian or Swedish market.

Growth in the Swedish market and adaptation of group companies' services to the demands of the Swedish market.

Strengthening the market position through the subsidiaries created in Latvia, Lithuania and Sweden.

Efficiency improvement of the design service of Reaalprojekt parent company.

Securing the market leader position in geotechnical studies.

In fulfilling the company's goals and development directions, we consider it important to invest in our employees and increase their competence in order to provide quality service.

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