This company's branding has already reached 6,487 peopleand his is followed by 34 Storybook users.On average, the company has been rated 4.0 points.and commented 35 times.

's activity report 2022

Introduction

Woodexpo OÜ is engaged in the wholesale of pallets. In 2022, Woodexpo OÜ continued its traditional business volumes' stable growth and securing the market share achieved in previous years.

Revenues, expenses and profit In 2022, Woodexpo OÜ's sales revenue amounted to 13,358,938 euros. Of Woodexpo OÜ's sales revenue, 16.74% was export and 83.26% was sales in Estonia.

Main financial ratios 2022 2021

Sales revenue (eur) 13,358,938 8,335,342

Net profit (eur) 2,252,512 965,687

Net profitability (eur) 16.9% 11.6%

Short-term obligations coverage ratio 10.6 7.5

ROA 40.9% 30.3%

ROE 44.2% 33.9%

Formulas used in calculating ratios: (cid:127) Net profitability (%) = net profit/sales revenue * 100 (cid:127) Short-term obligations coverage ratio(times) = current assets/short-term obligations (cid:127) ROA (%) = net profit/total assets*100 (cid:127) ROE (%) = net profit/total equity*100

Investments

A total of 575,377 euros was invested in tangible fixed assets during the reporting period.

Staff

The average number of employees at Woodexpo OÜ during the financial year was 63 employees. In 2022, the company's labor costs amounted to 1,220,679 euros. No compensation is paid to the members of the board.

Goals for the next financial year

The main goal of Woodexpo OÜ for the next financial year is to maintain and secure the company's market position in a cooling economic environment.

One of the management's priorities is to continue to increase business efficiency and employee training.