Already 1,619 people have seen this company's branding and they are being followed by 3 Storybook user.In average the company has been rated 4.3 points but has not been commented.

's activity report 2022

OÜ Eletec was established on 14.10.2013.

The main activity of the company is the construction of energy facilities and the supply of energy equipment. The sales revenue for the reporting period (01.01.2022 - 31.12.2022) was 8,759,923 euros (2021: 2,572,658 euros). The plan for the next fiscal year is to continue in the same direction.

Main financial ratios 2022 2021

Turnover growth (%) 240.48% -67.58%

Net profitability (%) 0.61% -0.13%

Return on equity (%) 9.28% -0.65%

Coverage ratio of short-term liabilities 1.15 0.93 (times)

Turnover growth (%) = (sales revenue in the reporting year - sales revenue in the year preceding the reporting year) / sales revenue in the year preceding the reporting year * 100

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

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

Return on equity (%) = net profit / total equity * 100

No significant investments have been made during the fiscal year and there are no plans to make significant investments in the near future.

During the preparation period of the annual financial statements, no significant events have occurred that are not reflected in the annual financial statements and that significantly affect or may affect the results of the following fiscal years. The company's operating environment is characterized by contemporary turbulence, which can affect the company's financial results in both directions.

The company's operations are not seasonal, but there are large fluctuations in volumes during the reporting period, due to which the company's financial results are volatile over different fiscal years.

The company faces external influences, such as rising interest rates, the rise in interest rates may reduce the company's profitability in the future. The management is fighting against this with a rise in the price of the service.

The company's operations do not cause significant environmental or social impacts.

The company's board was two-membered, who were paid a fee of 14,397 euros during the accounting period.