Already 2,515 people have seen this company's branding and they are being followed by 16 Storybook user.In average the company has been rated 4.4 points ja kommenteeritud 4 korda.

's activity report 2022

Semity OÜ started its operations in 2017.

The main field of activity of the company is the production and installation of glass-aluminum construction structures.

Today, they have become one of the strongest Estonian companies that design, produce and install glass-aluminum construction products. During this time, they have

gained recognition in the Estonian and Finnish construction market, especially for the development and production of particularly complex and high-quality demanding solutions.

In 2022, the developments started in previous years to improve quality and production capacity were continued.

In the first half of the year, two large-scale facade work contracts were signed, the design and preparation of which fell into the second half of 2022, but the majority of production and installation work will be in 2023. For the fulfillment of these contractual works, new, larger production premises were rented and significant investments were made to increase production capacity. The number of employees of Semity OÜ has also doubled during the year, a considerable amount of time and resources have been spent on their training and education.

Despite the difficult situation due to the sharp rise in the prices of materials and energy carriers, the financial results of Semity OÜ for 2022 can still be considered satisfactory. Despite the fact that the prices of the main production materials, aluminum and glass, have risen significantly on the world market for the second year in a row and the preparation of the aforementioned large-scale works took a lot of time and resources, the planned sales turnover was achieved and the profit was only slightly modest.

Considering the upcoming large construction projects, a growth of nearly 40% in sales revenue is planned for 2023, of which nearly 95% is already covered by contracts.

In 2023, it is planned to continue in their main field of activity, looking for opportunities to increase production volumes and continue training the personnel needed for the development of the company.

2022 2021

Turnover growth (-decline) 40.26 34.67

Profit growth (-decline) 2.59 -0.31

Net profitability 4.20 5.74

Coverage ratio of short-term obligations 1.60 1.72

ROA 9.45 14.06

ROE 20.60 25.30

Formulas used in the calculation of ratios: (cid:127) Turnover growth (%) = (sales revenue 2022 - sales revenue 2021)/ sales revenue 2021 * 100 (cid:127) Profit growth (%) = (net profit 2022 - net profit 2021)/ net profit 2021 * 100 (cid:127) Net profitability (%) = net profit/ sales revenue * 100 (cid:127) Coverage ratio of short-term obligations (times) = current assets/short-term obligations (cid:127) ROA (%) = net profit/ total assets * 100 (cid:127) ROE (%) = net profit/ total equity * 100