GEODEESIA24 OÜ

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Already 13,204 people have seen this company's branding and they are being followed by 37 Storybook user.In average the company has been rated 4.7 points ja kom

GEODEESIA24 OÜ hetkeolukord

Already 13,204 people have seen this company's branding and they are being followed by 37 Storybook user.In average the company has been rated 4.7 points ja kommenteeritud 36 korda.

's activity report 2022

Geodeesia24 OÜ, a company that has been making waves in the field of geodetic and geological construction research, was established in August 2011. Over the years, the company has built a reputation for its commitment to delivering high-quality services and its relentless pursuit of new partnerships and collaborations. In 2022, Geodeesia24 OÜ faced a myriad of challenges, most of which were a direct result of the global health crisis that struck the world in the previous year. The pandemic had a profound impact on the economy and people's behavior, and Geodeesia24 OÜ was not immune to these effects. Despite these challenges, the company continued to serve its existing clients while also working tirelessly to find new partners.

During the reporting year, the company had an average of 23 employees on its payroll. The total wages for the year amounted to 543,518 euros. Despite the challenges, the company managed to generate a sales revenue of 1,938,449 euros and a profit of 341,800 euros.

Looking ahead to 2023, Geodeesia24 OÜ has set its sights on securing larger projects and increasing its turnover. The company plans to achieve this growth by improving its service efficiency and quality.

To give a clearer picture of the company's financial performance, here's a comparison of the key figures for 2022 and 2021:- Sales revenue: 1,938,449 euros in 2022, up from 1,486,960 euros in 2021. This represents a growth of 30.36%, compared to 16.97% in the previous year.- Net profit: 341,800 euros in 2022, down slightly from 359,867 euros in 2021.- Profit before tax: 361,429 euros in 2022, compared to 370,195 euros in 2021.- Sales profitability: 18.64% in 2022, down from 24.90% in 2021.- Short-term obligations coverage ratio: 4.03 in 2022, down from 4.43 in 2021.- Return on Assets (ROA): 25.93% in 2022, down from 32.98% in 2021.- Return on Equity (ROE): 31.85% in 2022, down from 42.84% in 2021.

These figures were calculated using the following formulas:- Sales revenue growth (%) = (sales revenue 2022 – sales revenue 2021) / sales revenue 2021 * 100- Sales profitability (%) = profit before tax / sales revenue * 100- Short-term obligations coverage ratio = current assets / short-term liabilities- ROA (%) = reporting year profit / total assets * 100- ROE (%) = reporting year profit / total equity * 100Despite the challenges of 2022, Geodeesia24 OÜ has shown resilience and adaptability. The company's focus on service efficiency and quality, coupled with its commitment to finding new partnerships, positions it well for growth in 2023 and beyond.

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