PRO FARM OÜ

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Already 1,247 people have seen this company's branding and they are being followed by 2 Storybook user.In average the company has been rated 4.3 points but has

PRO FARM OÜ hetkeolukord

Already 1,247 people have seen this company's branding and they are being followed by 2 Storybook user.In average the company has been rated 4.3 points but has not been commented.

's activity report 2022

The company was established in 2014 with the aim of developing and producing a new type of fertilizers.

During the reporting year, product development, testing, and sales activities continued. The company's operations are seasonal depending on the business sector, with the peaks of the season being at the end of the 2nd quarter and the beginning of the 4th quarter of the calendar year. Research and development expenditures amounted to 5 thousand euros during the reporting year, and they are planned to be approximately the same for the next year.

Main financial ratios 2022 2021

Revenue growth (%) 131% 30%

Net profitability (%) 12% 5%

Coverage ratio of short-term liabilities (times) 1.98 1.17

ROA (%) 31% 5%

ROE (%) 64% 33%

Formulas used in calculating ratios:

Revenue 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 liabilities

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

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

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