BALTI VARA EHITUS OÜ

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Already 90,852 people have seen this company's branding and they are being followed by 72 Storybook user.In average the company has been rated 3.9 points ja kom

BALTI VARA EHITUS OÜ hetkeolukord

Already 90,852 people have seen this company's branding and they are being followed by 72 Storybook user.In average the company has been rated 3.9 points ja kommenteeritud 7 korda.

'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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