This company's branding has already reached 3,759 peopleand his is followed by 17 Storybook users.On average, the company has been rated 4.7 points.and commented 11 times.

's activity report 2022

Introduction

Farron Tehnika OÜ is the implementer of STIHL AG & Co's global sales policy in Estonia.

The focus is on domestic wholesale of garden and forestry equipment and products are marketed through a network of contractual authorized resellers.

As an additional activity, Farron Tehnika OÜ markets the LOGOSOL brand. The LOGOSOL brand includes woodworking equipment.

Investments

The most significant investments of Farron Tehnika OÜ in 2022 are related to the development of a web-based sales environment.

Business cyclicality

The business activity of Farron Tehnika OÜ is closely related to seasonality. The largest part of the turnover is achieved during a relatively short summer period.

Economic environment

The economic environment in 2022 was average from the perspective of Farron Tehnika OÜ.

Revenues, expenses and profit In 2022, Farron Tehnika OÜ experienced some sales growth. Profitability was higher compared to 2020.

Staff

In 2022, an average of 8 people worked in the company, one of them on the basis of a cooperation agreement.

Main financial ratios 2022 2021

Sales revenue 6 167 968 5 656 057

Net profit 635 029 589 688

Net profitability (%) 10.29 10.43

Coverage ratio of short-term liabilities 1.73 1.83

Sales growth (%) 9.05 28.20

ROA (%) 13.75 18.28

ROE (%) 27.77 34.11

Formulas used in calculating ratios

Net profitability (%) = net profit / sales revenue * 100

Coverage ratio of short-term liabilities (times) = current assets / short-term liabilities

Sales growth (%) = (sales revenue 2022 - sales revenue 2021) / sales revenue 2021*100

ROA (%) = net profit / total assets * 100

ROE (%) = net profit / total equity * 100