REVAL SEAFOOD OÜ

Media page and news feed
?
This company's branding has already reached 1,718 peopleand his is followed by 58 Storybook users.The company has not been rated.and there are no comments eithe

REVAL SEAFOOD OÜ current status

This company's branding has already reached 1,718 peopleand his is followed by 58 Storybook users.The company has not been rated.and there are no comments either.

's activity report 2022

During the reporting year, the company's only fishing vessel mainly caught shrimp in the North Atlantic Ocean. Compared to 2021, sales revenue increased by 25.5% and was 13.91 million euros.

Operating profit (EBIT) was 1.26 million euros and accounted for 9% of sales revenue (14% last year). The increase in revenues is due to the post-Covid price increase.

The lower margin compared to last year is mainly due to the sharp increase in oil prices caused by the Russian invasion

into Ukraine. The decrease in margin is also due to the increase in the price of several inputs. .

The outlook for the 2023 shrimp market is volatile as weak demand from the United Kingdom has a negative impact on sales. The company plans to continue shrimp fishing with one fishing vessel in the North Atlantic.

During the reporting year, the company did not pay dividends to shareholders or remuneration to board members.

Equity was 25.9 million euros at the end of the year.

2022 2021

Sales revenue euro 13 914 466 11 087 744

Equity euro 25 904 174 23 492 022

Change in sales revenue 25.49% 16.65%

Equity increase 10.27% 5.21%

Liquidity ratios

Short-term debt coverage ratio (current working capital / short-term liabilities 2.05 1.34 ratio)

Working capital - Inventories - Prepayments / short-term

Payment ability ratio (quick ratio) 1.42 1.00 liabilities

Payment readiness ratio (cash money / short-term liabilities 0.04 0.08 ratio)

Comments (0)


Are you sure you want to delete this article?

Dropdown

all articles

Are you sure you want to delete this article?

Loader

Loader

App Ad

Scorestorybook Chrome extension

The Storybook extension tells you which company's website you are currently on and how reliable that company is today. download extension

See the background of the caller! Storybook App brings you direct contacts for 400,000 Estonian companies and individuals (managers, officials). The data is enriched with solvency and financial information.