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's activity report 2022

OÜ Österby's main activity is the cultivation of grain and rapeseed and the production of feed for livestock companies.

In 2020, the sold-off land plots were bought back and the cultivation of cereals is assisted by experienced agronomists, according to whose work plans the profitability of the company grows.

In 2022, the majority of sales were made up of crop products 837 thousand (2021 sales 628 thousand), followed by forestry support activities 96 thousand and livestock support activities 90 thousand (2021 sales 97 thousand).

The financial year ended with a profit of 5 thousand (2021 financial year result 124 thousand), which was largely due to poor weather conditions and increased prices of fertilizers/pesticides.

In 2023, the plan is to continue with cereal cultivation and in addition to both animal and forestry support activities.

The owner of OÜ Österby worked in the company as a salaried employee, no board member's fee has been determined.

There were five employees at the end of the year. The wage cost with social taxes in 2022 was 186 thousand (the wage cost in 2021 was 186 thousand).

Main financial indicators: 2022 2021

Net profit margin 0.01 0.16

Liquidity ratio 0.44 0.64

ROE 1.24 30.16

ROA 0.18 6.20 - Net profit margin = net profit / net turnover - Liquidity ratio = (current assets - inventories) / short-term liabilities - ROE (%) = net profit / equity x 100 - ROA (%) = net profit / total assets x 100