This company's branding has already reached 4,755 peopleand his is followed by 17 Storybook users.On average, the company has been rated 4.2 points.and commented 12 times.

's activity report 2022

The main activity of Kemimet International OÜ is the wholesale of industrial chemicals. In 2022, we expanded our product range and fulfilled the goals set in the previous period. The company's activity in 2022 compared to 2021 changed towards finding new customers in foreign markets and increasing the share of direct deliveries with existing customers. In 2022, we increased sales to customers in Finland, Latvia, and Lithuania.

The goal for 2023 is to increase exports and continue expanding market share in Estonia.

The sales revenue for the reporting year was 21,547,849 euros (2021: 12,953,819 euros) and the profit from business activities was 1,175,191 euros (2021: profit 844,663 euros).

During the reporting period, the company had an average of 9 employees and the wage cost was calculated at 145,710 euros (in 2021, 128,407 euros), including a board member's fee of 10,112 euros.

Kemimet International OÜ is a continuously operating company.

Key indicators and ratios:

Income statement indicators 2021 2021

Sales revenue 21,547,849 12,953,819

Operating profit (-loss) 1,504,630 922,073

Net profit (-loss) 1,175,191 844,663

Balance sheet indicators

Total assets 7,775,432 6,342,181

Equity 3,481,496 2,606,305

Ratios

Change in sales revenue 66.34% 24.49%

Operating profitability 6.98% 7.12%

Liquidity ratio 0.82 0.66

Inventory turnover 5.16 3.43

Return on equity (ROE) 33.76% 32.41%

Return on total assets (ROA) 15.11% 13.32%

Formulas for ratios:

Operating profitability = Operating profit / Sales revenue x 100

Liquidity ratio = Current assets - inventory / Short-term liabilities

Inventory turnover = Sales revenue / Total inventory

Return on equity (ROE) = Net profit / Equity x 100

Return on total assets (ROA) = Net profit / Total assets x 100