BALTI VARA EHITUS OÜ current status
This company's branding has already reached 334,348 peopleand his is followed by 72 Storybook users.On average, the company has been rated 3.7 points.and commented 8 times.
's activity report 2022
Introduction
OÜ Baltic Property Construction (formerly known as Baltic Property Facades OÜ) was established in 2007.
The main activity in the past fiscal year was the provision of construction services.
In the fiscal year, Baltic Property Construction OÜ acquired stakes in subsidiaries - Longarden OÜ 80%, Rannametsa Home OÜ 80% and
Green2050 OÜ 60%.
Revenues, expenses, profit
OÜ Baltic Property Construction's consolidated sales revenue in 2022 was 11,860,572 euros.
100% of OÜ Baltic Property Construction's sales revenue was made in Estonia.
OÜ Baltic Property Construction's operating profit amounted to 416,632 euros. Operating expenses were 616,643 euros. The depreciation of the company's main assets in 2022 amounted to - 38,931 euros.
The company's consolidated net profit for 2022 was 373,767 euros, of which the parent company's profit accounted for 321,213 euros.
Staff
At the end of the year, the group employed 13 employees.
Salaries were paid 278,912 euros and social security contributions 92,896 euros, including fees paid to board members in 2022, 55,101 euros.
Goals for 2023
OÜ Baltic Property Construction's goal for 2023 is to continue with facade renovations, and to develop new building projects.
Main financial ratios: 2022 2021
Sales revenue 11,860,572 10,957,654
Revenue growth % 8.24 % 20.98 %
Net profit 373,767 207,955
Profit growth % 79.73 % 2.52 %
Net profitability % 3.15 % 1.90 %
Short-term obligations coverage ratio 3.33 % 2.78
ROA % 8.50 % 4.98 %
ROE % 11.01 % 6.80 %
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
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