Already 8,141 people have seen this company's branding and they are being followed by 3 Storybook user.In average the company has been rated 5.0 points ja kommenteeritud 2 korda.

's activity report 2022

Kuldsed Käärid OÜ, a company that has made a name for itself in the sewing services industry, particularly in the production of home textiles, has been in operation since its establishment in September 2012. The reporting period marked the company's tenth year of operation, a significant milestone that speaks volumes about its resilience and commitment to delivering top-notch sewing services to both corporate and individual clients.

In the year 2023, Kuldsed Käärid OÜ has set its sights on continuing its operations in the same field. This decision is a testament to the company's dedication to its craft and its unwavering belief in the value of its services. It is a clear indication that the company is not only here to stay but also to thrive and expand in its chosen field.

A look at the company's key financial ratios provides a glimpse into its financial health and performance. In 2022, the company reported sales revenue of 44,990 euros, a slight decrease from the 48,083 euros reported in 2021. The pre-tax profit (or loss) for the year 2022 was -29 euros, a stark contrast to the zero figure reported in the previous year. The net profit (or loss) for the reporting year was also -29 euros, again a significant drop from the zero figure of 2021.

Despite these figures, it's important to note that the company's short-term obligations coverage ratio improved from 2.9 in 2021 to 3.7 in 2022. This indicates that the company has more than enough current assets to cover its short-term liabilities, a positive sign of financial stability.

However, the company's Return on Assets (ROA) and Return on Equity (ROE) were -0.2% and -1.2% respectively. These figures are calculated using the following formulas:- Sales revenue profitability (%) = pre-tax profit / sales revenue * 100- Short-term obligations coverage ratio (times) = current assets / short-term liabilities- ROA (%) = net profit for the reporting year / total assets * 100- ROE (%) = net profit for the reporting year / total equity * 100These ratios provide valuable insights into the company's profitability, liquidity, and efficiency. Despite the negative ROA and ROE, the company's improved short-term obligations coverage ratio suggests that it is in a good position to meet its short-term financial obligations. This, coupled with the company's commitment to continue its operations in its current field, paints a picture of a company that is resilient and ready to face the challenges of the future.