ALARMECO AS

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Already 21,199 people have seen this company's branding and they are being followed by 34 Storybook user.In average the company has been rated 4.5 points ja kom

ALARMECO AS hetkeolukord

Already 21,199 people have seen this company's branding and they are being followed by 34 Storybook user.In average the company has been rated 4.5 points ja kommenteeritud 26 korda.

's activity report 2022

AS Alarmeco is a leading company specializing in building automation, low-voltage and security systems wholesale and maintenance. The company's product range is extensive, encompassing alarm systems, video surveillance systems, fire alarm systems, and audio/video presentation technology devices. AS Alarmeco's primary clientele consists of installation companies and major end-users, demonstrating the company's broad reach and influence in the industry. In 2022, the company had an average of 7 employees. The wage fund, inclusive of social security contributions, amounted to 165,098 euros. This figure reflects the company's commitment to its employees, ensuring they are adequately compensated for their skills and contributions. In terms of financial performance, AS Alarmeco saw a significant increase in sales revenue in 2022 compared to the previous reporting period. The increase amounted to 208,700 euros, representing a 15.0% increase in turnover compared to 2021. This growth is a testament to the company's robust business strategy and its ability to adapt to market changes. In 2022, the company invested 35,922 euros in fixed assets. These investments included a transportation vehicle (acquired through capital lease) and office supplies. These investments are indicative of the company's commitment to improving its operational efficiency and providing a conducive work environment for its employees. Looking ahead to 2023, AS Alarmeco plans to increase its turnover by introducing new product groups. To achieve this, the company plans to hire a new employee to replace a departing one. Additionally, the company aims to further strengthen its technical support function to provide comprehensive product support to its clients, from warranty issues to the development of technical solutions for large projects. Key financial ratios for the company in 2022 and 2021 are as follows: Net working capital: 829,502 (2022) and 740,713 (2021) Short-term debt coverage ratio: 4.51 (2022) and 5.05 (2021) Solvency ratio: 2.64 (2022) and 3.71 (2021) Liquidity ratio: 1.55 (2022) and 2.32 (2021) Inventory turnover period: 78 days (2022) and 67 days (2021) These ratios were calculated using the following formulas: Net working capital = current assets – short-term liabilities Short-term debt coverage ratio = current assets / short-term liabilities Solvency ratio = (current assets – inventory – prepayments) / short-term liabilities Liquidity ratio = (cash + securities) / short-term liabilities Inventory turnover period = 365 / inventory turnover ratio (sales revenue/average inventory) These figures provide a snapshot of AS Alarmeco's financial health and stability, demonstrating the company's strong financial management and its ability to meet its short-term obligations.

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