This company's branding has already reached 6,041 peopleand his is followed by 18 Storybook users.On average, the company has been rated 4.4 points.and commented 16 times.

's activity report 2022

In this report, the board provides a brief overview of the company's activities and development in 2022.

Markland Trade OÜ was involved in the construction and installation of pipe systems in shipbuilding in 2022. We comply with the environmental requirements set by the client and the law on our sites.

In 2022, we were looking for new partners. Several projects were started, which will increase production volumes in the coming years. As shipyards have orders until 2027, the general business environment is favorable for the company and according to forecasts, the near future market should positively affect our company's economic growth. Therefore, we will continue in the same field of activity and in the same markets in 2023.

Markland Trade OÜ started the construction of a new factory based on a building rights agreement in 2023. Due to the lack of suitable financing options, the building rights agreement was terminated and a long-term lease agreement was concluded. The planned completion time of the pipe factory is in 2024 and then production will be transferred to the new production building in Kiili.

Main financial ratios 2022 2021

Short-term debt coverage ratio 1.03 1.38

Equity ratio 21.30 32.11 *Short-term debt coverage ratio = Current assets / Short-term liabilities *Equity ratio = Equity / Total assets * 100