This company's branding has already reached 12,411 peopleand his is followed by 6 Storybook users.On average, the company has been rated 4.8 points.and commented 2 times.

's activity report 2022

OÜ Country started its economic activity in 2013. In the 2022 fiscal year, the main area of activity was the production of agricultural and forestry machinery. The company's total sales revenue for the fiscal year was 7,443,802 euros. Products were sold to European countries 86.9% and outside the European Union 13.1%.

In the reporting year, the average number of employees in the company was 34. The wage cost with taxes was 1,035,599 euros.

Main ratios for the fiscal year and their calculation methodology: 2022 2021

Sales revenue growth 23.74% 36.9%

Net profitability 10.54% 5.4%

Short-term obligations coverage ratio 1.31% 1.0%

ROA (%) 22.89% 10.4%

ROE (%) 44.84% 27.0%

Formulas used in the calculation of ratios:

Sales revenue growth (%)= (sales revenue - sales revenue for the year preceding the reporting year) / sales revenue for the year preceding the reporting year*100

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

Short-term obligations coverage ratio (times) = current assets / short-term obligations

ROA (%) net profit/total assets*100

ROE (%) = net profit/ total equity*100 In 2022, Country OÜ invested 344,235 euros in tangible fixed assets.

The company's current assets exceed short-term obligations, which indicates that the company is sustainable and should not have difficulties in fulfilling short-term obligations.

No salary or other benefits have been paid to the board member.

In 2023, the increase in energy and raw material prices has continued. The rise in Euribor and the associated continuous increase in interest rates negatively affect the company's operations, as borrowing has become more expensive.

The goal for 2023 is to continue its operations in the same field. The main directions are product development and increasing production volume, and entering new markets.