This company's branding has already reached 5,077 peopleand his is followed by 20 Storybook users.On average, the company has been rated 4.1 points.and commented 4 times.

's activity report 2022

The main activity of Kanniku OÜ in the reporting year was the processing and transport of forest material. The same activity will continue in 2023. Services were sold in the Republic of Estonia in 2022.

The board of Kanniku OÜ consists of 2 members, no board member fee has been paid. The total fees calculated for the executive and higher management amounted to 33,099 euros. The average number of employees in 2022 was 23 people, their total salary was 905,377 euros.

Main financial ratios 2021 2022

Sales revenue 2,762,467 4,371,355

Revenue growth 13% 58%

Net profit 175,384 651,742

Profit growth -27% 372%

Net profitability 6% 15%

Short-term obligations coverage ratio 1 1.4

ROA 7% 21%

ROE 14% 35%

Formulas used in calculating ratios:

Revenue growth (%) = (sales revenue 2022 – sales revenue 2021)/ sales revenue 2021 * 100

Profit growth (%) = (net profit 2022 – net profit 2021)/ net profit 2021 * 100

Net profitability (%) = net profit/ sales revenue * 100

Short-term obligations coverage ratio (times) = current assets/short-term obligations

ROA (%) = net profit/ total assets * 100

ROE (%) = net profit/ total equity * 100