BALTEST MÖÖBEL OÜ

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This company's branding has already reached 10,274 peopleand his is followed by 44 Storybook users.On average, the company has been rated 4.2 points.and comment

BALTEST MÖÖBEL OÜ current status

This company's branding has already reached 10,274 peopleand his is followed by 44 Storybook users.On average, the company has been rated 4.2 points.and commented 372 times.

's activity report 2022

OÜ Baltest Furniture started producing kitchen furniture in 2006. The first machines were acquired with the help of EAS start-up company support. Every year

OÜ turnover has increased. Newer and more powerful machines have been acquired.

OÜ Baltest Furniture mainly produces melamine kitchen furniture. Furniture is made based on full projects and custom orders are executed.

For the execution of a custom order, the company offers the opportunity to call a specialist who will measure the rooms. The sales designer designs a furniture plan according to the measurements. The company offers the opportunity to order furniture home and have it installed by a specialist.

OÜ has sales representations in Viljandi Day Off center, Tartu Lõunakeskus and Tallinn.

In addition, it is possible to assemble suitable furniture from the online store www.sisustuspood.ee.

In 2014, OÜ Baltest Furniture acquired a new production building in Viljandi, the furnishing and modernization of which continues constantly.

In 2023, the company plans to continue producing kitchen furniture. In 2023, the company bought a new edge banding machine, which significantly improves the quality of production. The planned production volume depends on the market situation.

The company has no risk of currency exchange rate changes, as transactions are mainly in euros.

2022 2021

Sales revenue (tEUR) 5223 4934

Operating profit (EUR) 189305 75132

Operating profit margin from sales revenue 3.74% 1.52%

EBITDA (tEUR) 347.53 204.96

EBITDA margin from sales revenue 6.65% 4.15%

General solvency level 0.68 0.56

Overall debt ratio 66% 74%

Operating profit margin from sales revenue = operating profit/sales revenue

EBITDA = operating profit + depreciation of tangible and intangible assets

EBITDA margin from sales revenue = EBITDA/sales revenue

General solvency level=current assets/short-term liabilities

Overall debt ratio=liabilities*/total assets

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