Already 4,677 people have seen this company's branding and they are being followed by 60 Storybook user.In average the company has been rated 4.7 points ja kommenteeritud 25 korda.

's activity report 2022

Willenbrock Baltic OÜ was established on January 23, 2007.

The current fiscal year report reflects the period from 01.01.2022 to 31.12.2022.

Willenbrock Baltic OÜ belonged to the parent company Willenbrock Fördertechnik Holding GmbH until 31.12.2010.

As of 31.12.2010, Vilmarain OÜ owns 81% of Willenbrock Baltic OÜ shares.

Willenbrock Fördertechnik Holding GmbH continues in the position of a long-term strategic partner.

The main activity of Willenbrock Baltic is the organization of material handling equipment sales and service in Estonia.

Willenbrock Baltic OÜ has exclusive representation rights in Estonia for Linde, Konecranes Lift Trucks, Terberg, Bulmor and many other brands.

Willenbrock Baltic OÜ pays great attention to customer satisfaction, the quality of services provided, and the competence and well-being of its sales and maintenance team.

Overview of economic activity The turnover and profit indicators for 2022 were usual.

We can be satisfied with the market share of new machines sold in Estonia, where Linde's share was 24.3%.

Negative impact on the company's operations was caused by suppliers' difficulties in meeting deadlines, a very sharp rise in all input prices, and a larger than planned wage increase.

We replaced 12 mechanics' service buses with new ones.

The most important goal for 2023 is to increase the profitability of the company, maintain and secure its market position, especially in the lifting equipment and tractor segment, but also in the shelves and warehouse robots segment.

We continue to invest in improving customer service efficiency to ensure quick and customer expectation fulfilling orders. We plan to rent a rental space with an office in Tartu.

Revenues, expenses and profit

Willenbrock Baltic OÜ's turnover in 2022 was 9.7 million euros, the main part of which was made up of forklift sales and maintenance in the Republic of Estonia.

During the preparation of the annual report, no significant events have occurred that are not reflected in the annual financial statements, but which could significantly affect the results of the following fiscal years.

For 2023, we forecast the company's turnover and profit at the same level as achieved in 2022.

Main ratios and their calculation methodology 2022 2021

Sales revenue growth (%) 6.08% 21.54%

Operating profit margin (%) 9.61% 10.21%

Short-term obligations coverage ratio (times) 1.30 1.30

ROA (%) 5.35% 5.95%

ROE (%) 21.26% 23.69%