RISER EHITUS OÜ

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This company's branding has already reached 14,715 peopleand his is followed by 58 Storybook users.On average, the company has been rated 3.2 points.and comment

RISER EHITUS OÜ current status

This company's branding has already reached 14,715 peopleand his is followed by 58 Storybook users.On average, the company has been rated 3.2 points.and commented 10 times.

Activity report 2022

Riser Construction OÜ is engaged in construction and design contracting in Estonia.

Riser Construction OÜ has been awarded international quality, environmental protection and occupational safety certificates ISO 9001, ISO 14001 and OHSAS 18001.

Riser Construction OÜ's turnover for the 2022 financial year was 25.25 million euros, which was about 2.2 million more than in 2021. The operating profit margin as of 2022 was 0.1% (3% in 2021; 4% in 2020) and the coverage ratio of current liabilities was 1.31 (1.08 in 2021; 1.69 in 2020). At the end of the year, the company employed 17 people. The financial year ended with a profit of 128,771 euros, which is 19% less than in 2021.

The goal for 2023 is to successfully complete the projects in the portfolio and also to procure new ones to maintain a sufficient volume of work for the existing team.

Definitions of ratios: operating profit margin (%) = operating profit / sales revenue coverage ratio of current liabilities = current assets / current liabilities

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