NEXIREM OÜ

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This company's branding has already reached 3,528 peopleand his is followed by 30 Storybook users.On average, the company has been rated 4.1 points.and commente

NEXIREM OÜ current status

This company's branding has already reached 3,528 peopleand his is followed by 30 Storybook users.On average, the company has been rated 4.1 points.and commented 3 times.

's activity report 2022

The main activity of OÜ NexiRem according to the articles of association is the provision of construction and repair services.

OÜ started operations in 2004.

In 2022, the sales revenue was 4,428.6 thousand euros. Compared to the previous year, the volume of work increased.

The growth in sales revenue was 267%. Work has been carried out in Tallinn according to the wishes and projects of the clients.

The year ended with a profit of 87,649 euros.

The average number of employees in OÜ NexiRem during the financial year was 10 people, as of 31.12.2022, 14 people were employed in the company. Salaries were calculated in the amount of 203,979 euros, of which the salaries of board members made up 39,234 euros. No dividends were paid out.

Main financial ratios:

Revenue growth (%) 269% = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021*100

Gross profit margin (%) 10% = (sales revenue - goods, raw materials, and services)/sales revenue * 100

Operating profitability (%) 2% = operating profit / sales revenue * 100

Profit growth (%) 4090% = (net profit 2022 - net profit 2021)/ net profit 2021 * 100

Net profitability (%) 2% = net profit/ sales revenue * 100

Short-term obligations coverage ratio (times) 1.73 = current assets/short-term obligations

ROA (%) 11% = net profit/ total assets * 100

ROE (%) 24% = net profit/ total equity * 100 In 2022, NexiRem OÜ received the main contract for the construction of an expensive apartment building for the first time. The cost of construction is approximately 9.5 million euros for a 14-storey apartment building at Paldiski mnt 221a.

This was the main reason for the company's revenue and wage growth. In the future, we plan to continue cooperation with the developer and work on new projects for the construction of private houses.

No major investments were made, there were purchases of tools and materials, which may be beneficial in future work.

The board of OÜ NexiRem confirms that the company is still an operating business entity.

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